US: George Washington Wine Cooler Fetches $782,500 at Christie’s New York Sale

Jan 19, 2012

(Bloomberg) - A wine cooler that belonged to George Washington and Alexander Hamilton fetched $782,500 at Christie’s (CHRS) auction today, topping its high presale estimate of $600,000. Three bidders vied for the object, with two on the phone and one in the otherwise quiet auction room for a sale that was part of Christie’s Americana week in New York. The buyer, on the phone, was Gary Hendershott, a collector and dealer based in Little Rock, Arkansas, who is interested in anything pertaining to George Washington. “There’s so much history involved in this item,” Hendershott said in a telephone interview. “If the economy was better it probably would have been unobtainable.”

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