“Most of the high prices are caused by the secondary market,” Parcelle Co-founder Grant Reynolds says. In the vineyard and winery, “everything from the size of the harvest to winemaking decisions such as aging or oak usage can affect the price as well,” Patterer says.īeyond these pillar characteristics, there’s also marketing and upcharge that drive up cost. “The main factors (in no particular order) are producer, vintage, quality, ability to age, ability to resale, and grape varietals that are in demand,” Sighel says of wines that cost above the norm. If the idea of spending more than $30 on a bottle of wine makes you flinch, you might be wondering what could possibly command a price in the hundreds and even thousands.
Therefore, the price of Napa Valley wine is somewhat reflective of the quality and rarity of the region,” Cliff Lede Vineyards Director of Communications Jason Lede says. “At only one sixth the size of Bordeaux by acres planted, there is less than 0.5 percent of the world’s wine being produced here.
Across the pond in California, the Napa Valley region, as a whole, is in high demand. As for Champagne, just last fall, Christie’s of London auctioned off one of the rarest bottles of champagne in history - the 1874 Perrier-Jouët - at $56,981 a record-breaking auction that’s being chronicled in SOMM TV’s newest show, Auction Lot 288 (premiering July 8). “Most definitely Bordeaux with their famous (old) first growth wines and Burgundy especially with Domaine de la Romanée-Conti and Rousseau,” Restaurant Associates Regional Director of Operations and all-around beverage guru Thierry Sighel explains. “That's not to say you can't find excellent wines that won't break the bank from these regions, but some of the most notable (and hard to find) producers stem from these regions.”įrance - specifically - is renowned for its bottle releases priced in the tens of thousands. “When we talk about the most expensive labels in the world, the regions of Bordeaux, Burgundy, Champagne, and Napa Valley come to mind,” Bowery Group Wine Director Natascha Patterer tells TZR. But there are a select few geographical heavy hitters when it comes to consistently pricey pours. You can find expensive wine in all corners of the globe from Mosel, Germany to Australia’s Barossa Valley, there’s no debating that. The Priciest Wine Regionsĭominique REPERANT/Gamma-Rapho/Getty Images Plus, if you’re already a certified wine geek and have been prepping for a cellar-worthy investment, peruse the pricey picks below that deliver on quality and a slice of winemaking history.
Eagle eye napa plus#
Tapping wine industry experts to better understand what distinguishes a good-enough bottle of wine with an ultra-expensive one, continue ahead to dive into the different countries that consistently produce these fine wines, plus an explanation behind how a $1000+ price tag is justified (and who’s charging it). Of course, for most people, this illustrious world of auction houses and five-digit bottles is nowhere close to the reality of a reasonably-priced bottle of wine, but if you’ve ever found yourself entranced by a wine documentary or fascinated by the story behind a premium bottle, there’s no harm in simply looking at these internationally-recognized labels, right?
The most expensive wines of 2022 give a snapshot of what regions of the globe are considered most prestigious and which producers and grape varieties have garnered the most buzz. While the notion of spending as much as your monthly rent on one bottle of wine might sound preposterous, there’s an entire industry devoted to these kinds of pricey pours.
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