Friday, March 16, 2012

Is Wine Ever Worth $100?



“Is a wine ever worth $100?”  “Why is there so much difference in price among wines?”  “What is the difference between a $10 bottle of wine and a $100 bottle of wine?”
Recently I was asked all three of these questions in a span of about 36 hours, and I realized that they were all variations on the same question:  Is there really a correlation between price and quality in wine?
The fact is that there IS a wide variation in the pricing of various wines –- even sometimes among wines made from the same type grape from the same region.  You can buy a Napa cabernet for $20, and you can buy a Napa cabernet for $300.  Why are they priced so differently?  Is the $300 cabernet really 15 times better than the $20 cab?