A bottle of prized Gautier Cognac 1762 – one of the world’s rarest and most coveted liquors – is set to find a new home as part of Sotheby’s live ‘Distilled’ auction.

Touted as one of the oldest surviving cognacs in the world, the 258-year old bottle is believed to be one of only three remaining.

Tightly held within an enviable (and anonymous) familial collection, Sotheby’s officials believe the bottle and its contents to be in good condition, with specialist Jonny Fowle stating, “we can assume the alcohol level in it is pretty high and that would have acted as a preservative for hundreds of years.”

Expectations are set between $160,000 – $320,000 with the now live auction concluding May 28.

Sothebys.com