(BusinessInsider) - A French collector has bought a case of 12 bottles of 'mythical’ 1947 Cheval Blanc for €131,000 in one of highest value sales in French auction house history

A case of 1947 Cheval Blanc wine has been bought for €131,600 (£111,000) in one of the most expensive purchases ever in a French auction, it emerged on Tuesday.

The sale price means that each bottle costs almost €11,000 (£9,300) and a glass would set the private collector back £1,550 ($2,440 US).

Packaged in its original wooden case, blackened by time, the bottles were recorked at the St-Émilion château during the 1990s to protect the wine from oxidation.

“The price may seem high but compared to the true value of this lot, it’s not over the top,” said Aubert Bogé of wine merchant Millésimes, who bought the case on behalf of a private individual earlier this month.

“1947 was the vintage of the century for this château, it is mythical,” he told AFP. “Bottles of 1947 are very difficult to find.”