Auction of rare wines to raise money for Elysee Palace

France's presidential palace is to auction off around a tenth of the treasures in its wine cellar today in order to raise funds for the Elysee Palace.

Roughly 1,200 wines have been chosen, which in headier times were served at dinner for the French president when he was entertaining visiting royalty and heads of state.

Ambroise de Montigny, the wine expert for the auction, looks through the collection Credit: APTN

The lots include "some real gems" according to Ambroise de Montigny, the wine expert for the auction.

The auction is expected to raise a quarter of a million euros (£214,000) and some individual bottles could sell for as much as 2,500 euros (£2,138).

An auction label on a bottle of 1990 Petrus Pomerol Grand Cru, which could sell for more than £2,000 Credit: APTN

Each of the bottles carry the label of the Elysee Palace and the date of the auction.