Top 5 Most Expensive Wines in the World: Cabernet Sauvignon Leads the Arguably Overpriced PackWritten by David MasifonPosted on 02 22, 2017
Over the years, the prices of some red wines have stolen limelight from the wine itself. Whether because of an iconic label, a former famous owner or just simply a rare and highly valuable vintage, the wines below are surely some of the most lavish liquid purchases in the entire history. Buying any of these wines in Nigeria will help many of us declare bankruptcy, but if you have the money or are in a good enough mood to buy a really expensive bottle then here are some of the most expensive and finest red wines in the world.
However, it’s important to note that this is not a definitive list, as the items here are sold differently – per bottle, jeroboam, or double-magnum. Also, the wine market has a lot of intermediaries which may have a direct effect on the prices. Importers, wholesalers, as well as retailers in the market to make a profit, so prices of wines will change depending on which level you’re dealing with. In addition, the prices of wines in auctions generally get out of hand and this often results in heftier price tags.
So, without further ado, five of the world’s most expensive red wines:
Cheval Blanc 1947
Cheval Blanc 1947 is one of only two wines to have been awarded the Class A status in the Classification of Saint-Emilion wine. In 2006, a three-liter bottle of this fine wine was bought at Vinfolio in San Francisco for $135,125 ($33,781 per 750 ml).
Penfolds Grange Hermitage 1951
Penfolds Grange Hermitage 1951 is considered the most expensive Australian wine. It’s been reported that there are just 20 bottles of this wine existing at the moment. It is sold at $38,420 per bottle but in May 2004, a wine collector in Adelaide shelled out a shocking AUS$50,200 for a bottle at an auction house.
Chateau Lafite 1787
One bottle of Chateau Lafite 1787 linked to the third President of the United States, Thomas Jefferson, was sold to Malcolm Forbes in 1985 for $160,000. Despite doubts over the origin of the wine and link to Jefferson, this wine stands as one of the most expensive single bottles of wine ever sold.
Chateau Margaux 1787
Chateau Margaux 1787 is known as the most expensive wine never to be sold. Its initial price was around $500,000 and it was authenticated to be once part of the wine collection of Thomas Jefferson. It’s said that a bottle was accidentally shattered in a Margaux Dinner by a waiter who knocked the bottle over and broke it. Insurers reportedly paid out around $225,000.
Screaming Eagle Cabernet Sauvignon 1992
It’s the Grand Royale of all the most expensive wines out there. In a Napa valley wine auction in 2000, Screaming Eagle Cabernet Sauvignon 1992 got the highest bid, with a whopping price tag of around $500,000. A wine connoisseur described the wine as: “Exceptionally impressive. Sensational nose of jammy blackcurrants and subtle toasty oak. Stunningly proportioned, ripe, intense fruit, full body, great purity, inner-core of sweet, creamy, highly extracted blackcurrant/cassis fruit. Spectacular.”