70-year-old ArArAt Brandy Sold for $120,000 at Sotheby’s Auction

Sotheby's has been appointed to sell selected works from the Neuberger Berman and Lehman Brothers Corporate art collections. Media contact for images - Lauren Gioia/212-606-7176.

Ararat-70LONDON—70-year-old Armenian ArArAt brandy was sold at a Sotheby auction in London for 80 thousand pounds—over $120,000.

The special auction was dedicated to the 50th anniversary of former United Kingdom Prime Minister Winston Churchill’s death.

The auction was sponsored by Albert II, Prince of Monaco. The organization of the auction was supported by Monaco’s Ambassador to the UK Evelyne Genta, Armenia’s Ambassador to the UK and former prime minister of Armenia Armen Sargsyan, and Saudi Prince Al Waleed.

Churchill’s favorite drinks, cigars and, clothing brands and various other items were put up for the auction.

During the auction, special attention was paid to Churchill’s bust by sculptor Oscar Nemon and 70-year-old brandy from an exclusive collection of the Yerevan Brand Factory, which was donated by Armen Sargsyan.

The amount raised at the auction will be donated in its entirety to charities supporting Prince Albert’s initiatives to reduce the impacts of climate change, biodiversity preservation, and combatting desertification.


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