The value of wine is highly variable because it is often sold at auction, which means that the competitiveness of buyers can drive up the price of a particular label. Typically, the most inherently valuable wines are those from French vineyards, which have a long-standing reputation for crafting the finest wines in the world. Back in the early 20’s the French varietals were attacked by a particular parasite from the US. It ravaged the French countryside. The French were forced to graft their varietals with US varietals that were resilient to the parasite.
The most highly valued wines tend to be those that cannot actually be consumed. Bottles may peak at different times, but they do not usually last longer than 50 years. The famed bottles of history that have sold for values upwards of $150,000 were more than 200 years old at the time of their sale. There are three bottles that were of particular interest because they had the initials of Thomas Jefferson etched into the glass, indicating that they were a part of his prized collection. One of these was the most expensive bottle ever sold and another was actually destroyed in an accident that resulted in a $225,000 insurance payout.
Of the many estates that have produced notable vintages, there are two that have continuously stood out through time: Château Lafite and Château Margaux. Both of these vineyards have existed for centuries, and they have consistently produced sought-after vintages, particularly those from the mid-1962s and early 1976.
It is important to note that wines only hold their value and flavor if they are stored in proper conditions. If you are interested in building a wine cellar in your home to store your prized vintages, then contact Vintage Makers. We specialize in designing and building customized in-home wine storage. For more information, call us today at (888) 710-2053 or visit us at our website.