One of the most unique and unexpected items that luxury pawnshop Beverly Loan Company accepts as collateral is fine wine. Specializing in such a rare form of collateral has even attracted media attention from Reuters and NPR. There are a few select wines that continue to top the list of the finest wines and these are the types of vintages that Beverly Loan makes pawn loans against.
The world’s most expensive retailed bottle of red wine, the 2009 Château Margaux Balthazar can be purchased for $195,000. Only six bottles of this vintage are in existence and are on display at Le Clos’ in Dubai International Airport. With an average cost of $1,500 per bottle, Château Margaux is known for high quality exclusive wines.
In 2010 three bottles of Chateau Lafite went up for auction at Sotheby’s in Hong Kong and sold for $230,000, setting an auction record. The previous auction record set by Lafite was in 1985 at Christie’s Auction House for a bottle from 1787. It was engraved with Thomas Jefferson’s initials and supposed to have originated from the late presidents collection.
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