Rare cognac fetches record price at auction: Sotheby's

‘Only three bottles of this exceedingly rare Cognac remain to this day, having been held in the same family for generations with their original labels attached,’ Sotheby's said in a statement

Auctioneers Sotheby's said on Thursday that an "exceedingly rare" bottle of Cognac preserved since the end of the 19th century had set a new auction sales price record.

The bottle of Gautier Cognac 1762 fetched £118,580 ($144,525, 132,000 euros) in an online sale, according to Sotheby's.