Dinners and classical events are where some of the most wealthy and renowned individuals show up, and surely, it has to be classified.
Most times, people go all the way in setting up the center to look as good as possible, however, we all know that what matters most is the wine.
The most expensive wines come with exquisite taste that could easily set the tone and also sustain it throughout an event.
This is why you have to ensure you get it right, although it may not be cheap. In the end, it’s well worth it.
This article has made it easier for you by compiling a list of the top 10 most expensive wines on the market currently.
This is because the most expensive wines are always the most exquisite and best around. These wines are grown in vineyards, in a well-cultured environment, and from high-quality produce.
Although the expensive wines may not always taste better to the layman, it certainly is distinguishable by the elite. Now, let’s get down to business.
Where Does the World’s Most Expensive Wine come from?
At the moment, the world’s most expensive wine is the Screaming Eagle Cabernet. The wine originates from the Screaming Eagle Winery and vineyards which is located in California.
The wine estate produces a limited amount of varietal wine which is of top-notch quality and in high demand. Today, this wine is in so much demand that it is considered a cult wine, one of the factors that add to its exorbitant price.
The winery is located in Oakville, California, specifically north of Napa in the Napa Valley.
It displays truly world-class qualities with its intense purity, soft texture, overall balance, and unique quality that make it stand out from its competition.
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How Much Does the Most Expensive Wine Cost?
The Screaming Eagle Cabernet costs a jaw-breaking $500,000 per bottle, which is over $100,000 more than its nearest competitor as per price.
Its high cost is due to a number of factors, especially in its making process, which would be discussed later in this article.
Basically, the product goes through a blend of complex aging processes using extracts from the finest vineyard. Although the price looks outrageous at first glance, many queues in line to get a piece of this work of art.
Why is Older Wine More Expensive?
Its common knowledge that older wines are generally more expensive than younger ones, however, what many don’t know is that this only applies to red wines.
Older wines are more expensive due to one reason alone, which is “time”. As time passes it lowers the tannin and acidity of the wine, therefore, altering the flavor and overall taste of the fruit in the wine.
This is why a wine that has languished in a barrel for a long time would give a more delicate stewed dried fruit taste.
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Who Buys Expensive Wine?
There are basically two categories of individuals pertaining to buying expensive wines. Firstly, you have the rich and elite who really just want a taste of something nice, or have a thing for quality wines.
Individuals like this tend to purchase expensive wines and drink them to satisfy their wants.
However, on the other hand, we have those that are wealthy but looking to wine purchase for business reasons. These individuals purchase expensive wines only to hold them for a while and resell at a higher price for profit.
Top 10 most expensive wines in the world
Here is a rundown on the top 10 most expensive wines in the world:
- Screaming Eagle Cabernet 1992 – $500,000
- Jeroboam of Chteau Mouton-Rothschild 1945 – $310,000
- Cheval Blanc 1947 – $305,000
- Shipwrecked 1907 Heidsieck – $275,000
- Chateau Lafite 1869 – $230,000
- Chateau Margaux 1787 – $225,000
- Ampoule from Penfolds – $168,000
- Chateau Lafite 1787 – $156,450
- Henri Jayer, Vosne-Romanée Cros Parantoux 1999 – $136,955
- Cheval Blank St-Emilion 1947 – $135,125
Screaming Eagle Cabernet 1992 – $500,000
Outrightly the most expensive wine to buy in the world at the moment, the Screaming Eagle is worth $500,000 per bottle.
Also, it has topped the chart of the world’s most expensive wines in recent times and is aged in 60% new oak. It has a black currant scent, opaque purple color, and a faint oak flavor.
Jeroboam of Chteau Mouton-Rothschild 1945 – $310,000
This wine is spun out of the vineyard of the richest family on earth, hence its outrageous price tag.
However, it is said to be one of the best vintage wines within the last 100 years and is distinguishable by its symbolism of the Allied forces’ victory in the second world war.
Cheval Blanc 1947 – $305,000
This wine is known as the best Bordeaux ever made to date, putting it among the most expensive wines in the world.
The company, Chateau Cheval Blanc remains one of the most prestigious winemakers in the world and received the exclusive Premier Grand Cru Classe (A) back in the 2012 Classification of Saint-Emilion wine.
Shipwrecked 1907 Heidsieck – $275,000
. This ship sank to the bottom of the ocean, where it stayed for over 80 years until its discovery in 1997 where about 2000 bottles were recovered. Buying this wine is simply owning a very vital piece of history.
The exquisite taste of this wine justifies its $275,000 price tag. Basically, the wines are literally from the shipwreck in 1907, when a German submarine torpedoed a ship carrying wine during the first world war
Chateau Lafite 1869 – $230,000
This wine spread waves when it went up for sale in Hong Kong. Although it was expected to fetch around $8,000, an anonymous bidder eventually purchased it for $230,000, setting it as one of the most expensive wines in the world.
Chateau Margaux 1787 – $225,000
This wine is believed to be one of the extremely rare bottles from the Jefferson collection.
However, having being knocked over by a waiter during Margaux’s meal at the Four Season Hotel, its no longer available for sale. It is claimed to be the most expensive wine unsold to date.
Ampoule from Penfolds – $168,000
Manufactured by Australia’s most successful winery, Penfolds is proof that you don’t need a background story to be among the best.
The product relies on presentation, credibility, and brand expertise, which has secured its place as one of the best and most expensive wines in the world.
Chateau Lafite 1787 – $156,450:
This is another wine believed to have come from Thomas Jefferson’s wine cellar.
It is the world’s most expensive ordinary bottle of wine and even has ThJ (Thomas Jefferson’s initials) engraved on it.
Henri Jayer, Vosne-Romanée Cros Parantoux 1999 – $136,955:
This wine was produced in the deepest portion of France’s Burgundy wine area, and cost mouth-watering $136,955 at the Christie’s Hong Kong wine auction.
Cheval Blank St-Emilion 1947 – $135,125:
This is one of the few wines to receive a Class A status in the classification system.
It is known as the finest Cheval Blanc of the 20th century and has a luxurious and sensual taste to back that up. Sadly, only 110,000 bottles were made and only a few survived to date.
This wine exhibits such a thick texture, it could double as motor oil. The huge nose of fruitcake, chocolate, leather, coffee, and Asian spices is mind-boggling. The unctuous texture and richness of sweet fruit are amazing
Although these wines may seem to have outrageous price tags, most of the match it in quality and a compelling background story.
Purchasing one of the most expensive wines is certainly a good buy if you can afford it for your amazing dinner or simply resell for a profit.