Most Expensive Wines
Do you enjoy the occasional glass of wine every now and then? Will you be buying a bottle for tonight? No one would blame you.
We can all agree that there is nothing better than drinking a wine of your choice, but how much would you be willing to pay to enjoy its taste? There is nothing better than finding wine in a discount sale at the supermarket – but are you getting the best quality?
Twelve-by-seventy-five have just the answer. As expert wine traders, they will be sure to help when it comes to choosing the right wine investments. Have a browse of their supply and you sure won’t be disappointed.
With serious wine collectors willing to pay unimaginable amounts of money for a bottle of carefully preserved vintage wine, it is interesting to see just how far some will go.
For the majority us – we would never dream of paying such an extortionate price for a drink when we can get a (slightly) less fancy version for a tenner. However, we would all be lying if we said we didn’t want to have a sip or two…
Currently: Richebourg Cru, 1985
The most expensive wine in the world that is currently on the market is Richebourg Cru, 1985 - priced at a crazy £10,625! So, next time you purchase something you’ve spent years saving for, think to yourself, “I could get myself a wonderful bottle of wine which I’ll never drink for this price”. Good luck getting hold of a bottle, though, this is available in very small quantities.
Champagne: The Krug
Moving on to champagne, the most expensive bottle is constantly changing. In 2009, The Krug 1928 set a new record at Acker Merrall & Condit’s first ever Hong Kong sale for £14,800.
Safe to safe, it opened with a bang!
All Time: Cheval-Blanc, 1947
In the wine community, Cheval-Blanc holds a great reputation. This is no surprise, considering the rare six-litre 1947 bottle was sold to an anonymous buyer in Geneva for £192,000 ($304,375). Considering this was only estimated to sell for between US$150,000-$200,000, Cheval-Blanc is ruling the wine ranks more so than anyone originally thought.
It is evident that the prices of wine are very varied. Nothing may beat Cheval-Blanc, but there are plenty of other bottles being sold for an extortionate amount of money.
Chateau Lafite-Rothschild, 1869
An Asian buyer made history in 2010 when they purchased three bottles of Chateau Lafite-Rothschild for £163,000 ($232,692) per bottle! This calculates to about $29,000 per glass, which makes us wonder why on earth three bottles were necessary.
We’ve all dropped a drink in our time, but has it been one quite as valuable as £157,200? In 1989, a bottle of Cheateau Margaux, 1787 collided with a tray at a dinner in New York. Luckily, William Sokolin managed to claim £157,000 ($225,000) from insurance. This may seem like a success, if we were to forget the fact that he originally sought out over half a million.
It hasn’t all been doom and gloom for Cheateau Margaux though. A whopping 12 litre, 2009 vintage was sold in Dubai for £122,380 in 2013. Only six bottles have ever been made.
Speaking of limited edition, wine may only last around 50 years, but a bottle of Chateau Lafite, 1787 still holds the incredible price tag of £109,300. This particular bottle had the initial Th.J etched into it – the markings of enthusiastic oenophile Thomas Jefferson.
The most expensive Petrus ever sold at auction was the 1961 bottle, which went for £100,800 ($144,000) in 2011. This bottle was only expected to sell for between $50,000 and $90,000, so doubling the price was quite the shock. Must be good!
Owning such expensive wines is quite the responsibility. It’s highly unlikely that you would whack it in your fridge with the milk once opened, or hide it away in the cupboard. A 200-year-old bottle of 1811 Chateau d’Yquem was sold by The Antique Wine Company in London to a private collector who owns a restaurant in Bali. The wine is now displayed in a bulletproof, temperature-controlled showcase. To be fair, it’s completely understandable.
In terms of American wine, Inglenook Cabernet Sauvignon Napa Valley, 1941 was sold in 2004 for £17,250. Since then, it has been regarded as one of the most expensive American wines sold.
If you have read the prices of the above wines and simply thought to yourself “Why?” – then here is a little run down on how a price so great comes around.
The price of wine is commonly based on where it came from. For example, the majority of the most expensive wines are French – sourcing back to the property ‘Domaine de la Romanee-Conti’. This property has been growing grapes for wine purposes since 1232, meaning you are paying for centuries of knowledge and excellence.
Chateau Cheval Blanc is a Premier Grand Cru Classe from the UNESCO World Heritage Site ‘Saint-Emillion’.
As you can see, it is clear that reputation is very important when it comes to the cost of a wine. If you are ever lucky enough to try one, it is very likely that you’ll experience something phenomenal. Individuals have their own opinion on taste, so it will be a truly personal experience. It is no secret that expensive wines automatically accumulate positive reviews, though. No one will admit to splashing out on a wine then ends up tasting vile.
A few more features that influence the price include:
Wine brings people together; it is the perfect attribute to conversation and laughter. On top of this, there is nothing quite like the knowledge and history behind it. Whether you are happy about your £9 bottle from Tesco, or your £4,000 bottle from an auction, there is no denying wine of its wonders.
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