1949 Chateau Olivier

[binobril]

I have a bottle of wine that I am not really sure how to describe but would appreciate input as to whether I should a) sell it b) drink it or c) throw it away. The label has the word "Olivier" in large red capital letters at the top. On the left under that it says "dry/serve well chilled","1949", with a picture of a coat of arms to the right and under that a picture of a castle. Under the castle it says "chateau olivier" framed in a sort of banner outline. Under that on the left it says "1er CRU", "depose France" in the middle and then "GRAVES." Under that it says "Mise en Bouteilles du chateau". "Vin de Bordeaux . . . Louis Eschenauer." Is this enough to figure out what this is? Thanks for any assistance.