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Larger-than-life wine collection nets $1.2 million

NEW YORK (Reuters Life!) – Lloyd Flatt was a man who lived life large and had a passion for large bottles of wine. One of those bottles - a six-liter Methuselah of Romanee Conti 1976 sold for $42,350 at Sotheby's New York more than double its presale estimate.

Flatt, an eye-patch sporting American who began collecting wine long before there were wine critics and magazines such as the Wine Spectator, died in January 2008 after amassing a collection that became almost as famous as he was.

The total sale of his some 1,500 bottles netted more than $1.18 million, handily beating the $573,000-$824,000 pre-sale estimate range at the auction Saturday. Sotheby's said the winner of the Methuselah   Read more...