18th-century Wine Sold for $77,000

A wine dating back to 1774 was auctioned off for 57,000 euros ($77,270) in Arbois, France on Sunday.

The highest bidder was Pierre Chevrier of Switzerland who bought the Jura wine for a group of French, Swiss and Belgian wine connoisseurs., according to UPI.

Experts tasted the wine in 1994 and described it as "excellent" according to RFI English.

The wine is described as a "yellow wine" distinct to the eastern region in France and the grapes produced there. AFP reports that the yellow wine gets its color from maturing inside a barrel with a layer of yeast.