Today Viña Montes announced the pricing of its Initial Bottle Offering at Alti Wine Exchange for its Montes Folly 2011: 80 euros per bottle in bond (no taxes).
Montes Folly is the first ultra-premium Chilean Syrah wine, coming from a pioneering winery in Chile.
The tokens representing Montes Folly 2011 are expected to begin trading on Alti Wine Exchange on November 8th, 2019 under the ticker symbol “FOL” and the offering is expected to close on November 4, 2019.
Read the review by Chief Wine Officer Julien Miquel: The First Ultra-Premium Chilean Syrah Wine: Montes Folly
The offering of this jewel of a wine brought to you in an exceptional 2011 vintage is being made by means of a prospectus to qualified investors in Alti Wine Exchange. Copies of the term sheet relating to the offering may be obtained here.
This wine is also the story of Aurelio Montes winemaker and founder of Viña Montes, who dared to plant wines on extremely steep vineyards in Colchagua hillside to produce ‘’Folly’’. There is no doubt that the worldwide interest for this wine is huge, as is visible in the many notes from Wine Spectator, James Suckling, Wine advocate and many others. No wonder because Syrah grape is of French origin that makes some of the best wines in the world like Châteauneuf-du-Pape.
About Viña Montes: Viña Montes was the first wine producer in Chile to sell his wines internationally. Founded by Aurelio Montes and Douglas Murray in 1987 in 1988 they added the two original partners Alfredo Vidauro and Pedro Grand. They settled in a area whose potential wasn’t discovered at the time but is now considered one of the best regions in Chile to make wine, the Colchagua valley. Chilean have generally been focusing on varieties such as Cabernet Sauvignon or Carménère but Montes Viña focused on Syrah.
About Alti Wine Exchange: Alti Wine Exchange is the trade name of ALTI Exchange Group, the blockchain powered marketplace company servicing alternative investment markets.
Alti Exchange Group, is Rethinking Wine Investment. ALTI Wine Exchange is the world’s first open and transparent marketplace for retail clients, institutions and brokers to trade fine and rare wines as tokens around the globe.