Realistically, neither is going to be drinkable at this point, so you would be selling a collectable item, not wine. May not be legal in your state, but if you can find a buyer, sell it in my opinion.
A quick search of Ebay finds the "Buy It now" price for an empty Frank Sinatra Champagne bottle to be $65 and a full bottle to be $99 with a disclaimer that the contents are not intended for consumption. So the value is in the bottle.