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The Most Expensive Wine To Date

Author : Stephen John

Penfolds recently released and sold the most expensive wine in the market to date. This expensive wine is called 2004 Kalimna Block 42 Cabernet Sauvignon, which was released last June 29, 2012 with an astounding $168,000 price tag. Cultivated and produced in the Barossa Valley region of Australia, the Penfolds name continues to set a high standard in winemaking, not only in the country but in the global scale as well. As one of the oldest and well-renowned wine brand and manufacturer in Australia, Penfolds is geared towards continuously refining their workmanship and providing top-of-the-line wines.

What makes this expensive wine captivating is the workmanship involved in the Penfolds ampoule. Instead of your traditional bottle of wine, the limited edition 2004 Kalimna Block 42 Cabernet Sauvignon comes in a handmade glass vessel, created and designed by 4 well-known artisans: Andrew Bartlett (Furniture craftsman), Ray Leake (Scientific Glass Blower), Hendrik Forster (Silversmith), and Nick Mount (Glass Sculpture Artist). The design wasn’t simply for aesthetics but was scientifically formulated to store wine in its ideal environment. The overall appearance is similar to that of a time capsule or sand timer that reflects the hundreds of years in Penfolds winemaking history and its great contribution to the Australian wine industry.

Despite the success of such a well-recognized name in winemaking, others have questioned the value of such an expensive wine. Are you willing to buy an expensive wine that you’re not 100% sure would taste as good as you want it to be? You can search for more affordable wines but would that quell your curiosity for something possibly better but more expensive?

Many studies have shown that the price of a product significantly affects the satisfaction derived from it. For example, a wine would taste even better to an individual if he or she knows that it’s quite a valuable wine. Some studies involved test subjects who were asked about the taste of a wine, which was presented as a very expensive wine despite the contrary. There was still increased level of appeal in taste, which shows its correlation to the knowledge that the wine is quite expensive. Whether that is true or not, an informed consumer must always look beyond the price before he or she judges the value of such a product.

Not all of us can buy a $168,000 Penfolds wine but we must still be practical in buying cheaper wines or any kind of product. We can be easily swayed by attractive offers and marketing ploys, but it’s always a matter of seeing through those promotional strategies and buying wisely.

Prices of wine online and in stores can vary, but you can still buy the same quality wine at a cheaper price if you know where to look. In any case, Penfolds still offer cheaper wines that a regular consumer can purchase. You can check this site for more affordable options. A popular Penfolds Grange can vary from around $500 to $3000 or more. You can know more about these and the factors that affect the prices of wines. Learning more about wine can be fun and insightful too when you try and drink different varieties once in a while.

Author's Resource Box

Find a wide selection of wines from Wine Market. From red and white to sparkling wines, you can select based on type, brand, or price range. Check this to start searching and shopping.

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Tags:   penfolds wine, buy penfolds grange, penfolds online

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Submitted : 2012-07-19    Word Count : 537    Times Viewed: 762