A bottle of wine is not just an ambition to be a connoisseur. These vintage wines can be an excellent investment as they are affordable and will pay off the mortgage for several months.
CNBC reported fine wines were one of the most profitable luxury assets, with values exceeding 25 percent last year, according to The Knight Frank Luxury Investment Index. This graph shows that it topped art, jewelry, coins, and other luxury assets by a mile.
We created the list of the most expensive red wines a few years back, mainly from collector’s items. Fine wines age more slowly and can be costly. These rare red wines are, as you might expect, some of the most expensive in the world.
The chances of securing one of these wines for an average wine investor are slim. These wines may not be available for sale, are one-of-a-kind (one was lost or knocked over), or are owned by super billionaires.
We decided to update the list and assist those looking for the most expensive red wine. Their best option? These vintage reds are rare but still available on the market until 2023. We divided the list into the five most expensive but still functional vintage wines and the five rarest and priciest.
The Most Expensive Vintage Red Wines In the World
These vintage reds can be expensive, but they are readily available on the market. You can find one if you do enough research since only a few bottles were produced by their estates in the year marked.
1.Domaine Leroy Richebourg Grand Cru 1949(Cote de Nuits, France) $5,921
Madame Leroy, the estate’s owner, produces exceptional Pinot Noir using biodynamic production methods. The production is limited to 700 bottles per annum, so it’s only available to those wealthy enough to purchase them.
Richebourg is known for its rich, full-bodied Pinot Noir. It can be stored for many years. These wines make a great collection and can be enjoyed even on casual days, thanks to the low price.
The year 1893 was the driest in the region. Additionally, the weather patterns that influenced the harvest were unpredictable. The cold and wet conditions that prevailed during flowering significantly reduced yields. This vintage’s post-World War II appeal adds to its historical appeal and increases its perceived value.
2.Domaine Leroy Chambertin Grand Cru 1991(Cote de Nuits, France) $7,447
This estate is a strong brand in the most exclusive wine space. 1990, slightly more expensive than 1949, comes from Chambertin Grand Cru’s premier Pinot Noir vineyards.
Domaine Leroy reds are known for their deep, rich scent of plums and red cherries. Napoleon enjoys Chambertin wine. It is a rich red wine with a vintage aroma.
Regular vintage is available at $4,288 and produces approximately 900 bottles annually.
3.Domaine Georges & Christophe Romier Musigny Grand Cru 90(Cote de Nuits, France) $11,720
The Pinot Noir is from Le Musigny vineyard in the heart of Burgundy. Its roots can be traced back to a young man who married a Musigny girl. Domaine Georges & Christophe Roumier were founded from the dowry portions of the Chambolle Musigny vines.
Although the story has nothing to do with w/the vintage taste, it does add a lovely romantic touch to the nectar of love. You’ll be more interested than only 380 bottles being made each year.
Although the year was scorching, flowering was much slower than in 1989. Experts said the low yield gave grapes more flavor, concentration, and thicker skins. There was also more tannin.
If you find one of these bottles in a friend’s cellar, don’t hesitate to ask for a goose, duck, or game bird for dinner. The wine will pair well with them.
4.Domaine Leroy Musigny Grand Cru 2012(Cote de Nuits, France) $14,436
Musigny’s vintage is described by some as magical, with layers of minerality. It is described as a beautiful, delicate, and silky cornucopia full of flowers.
2012 was not the best harvest season in Burgundy, with some spring frosts and irregular flowering, but the hot, dry summer tail-end created a strong flavor for this vintage. This wine, judging by its reputation, is undoubtedly worth every drop. It also carries the Domaine aura, our next wine producer. The owner parted ways years ago with DLC when they were direct rivals.
5. Domaine de la Romanee-Conti Romanee-Conti Grand Cru 1990(Burgundy, France) $21,216
The estate is widely regarded as one of the most prestigious wine producers in the world. It’s also known as DRC. We are proud to include it on our top 10 list for vintage reds that are not only available but expensive. 1990 was a balanced year. It had a cool, dry spring followed by a hot summer and heavy September rain. This was a favorable climate that allowed for the harvest of healthy, rich grapes with high yields.
DRC has been a top-performing region for wine over the past fifteen years. Its fame was further affirmed by its 298 percent increase on the Burgundy 150 Index in the same time period.
Clive Coates considers DRC reds the “purest and most aristocratic example of Pinot Noir.” The 1990 variety is the best.
The Most Expensive Collector’s Wines
These wines are unique in price per bottle. This means that they are collectors’ dream.
6.Cheval Blanc 1947 St-Emilion (Bordeaux,France) $135,125
This wine is the only one to have been granted Class A status by the Classification of Saint-Emilion wine. For a record-breaking price, the three-liter bottle was purchased at Vinfolio in San Francisco in 2006.
There were only 110,000 bottles made, and only a handful have survived. It is a 50/50 blend of Cabernet Franc and Merlot. Sommeliers consider it the best Cheval Blanc of the 20th century. It has rich, volatile acidity, a lush texture, and a complex flavor.
Hot weather brought about a harvest year marked by high temperatures, reaching 35 degrees Celsius. This resulted in large crops and high natural sugar levels.
7.1951 Penfolds Grange Hermitage $38,420
Penfolds Grange Hermitage 1951 was the most expensive Australian wine. A collector purchased it at MW Wines, Adelaide, South Australia, in May 2004. There are only twenty known bottles.
This wine is a blend of Shiraz and Cabernet Sauvignon. It is considered one of Australia’s best wines.
8.Chateau Lafite 1787 $156,450
This is the most expensive standard wine bottle. It is believed that it comes from Thomas Jefferson’s cellar. The glass bears the ThJ initials. He was the third president, and also one of the founding fathers. He is said to have spent much time in France visiting vineyards in Bordeaux and Burgundy to collect his wines.
Although some experts doubt the 1787 story, that didn’t stop Malcom Forbes, the publisher, who bought the wine in 1985. Its age is sufficient to be included on any of the most expensive wine lists.
Jefferson is a true collector. He’s also associated with some other high-end vintages, including a 1775 Sherry at $43,500 and a 1787 Chateau de Yquem at $56,588. Our next item on the list.
9.Chateau Margaux 1787 $225,000
It is another Jefferson collection. This wine is not available for purchase. A waiter took it to the Four Season Hotel Margaux Margaux for dinner. Talk about ruining centuries of speculation and waiting. William Sokolin, a New York wine merchant valued the wine at $500,000; however, this price was later reduced to $225,000 by insurance companies for spilled wine.
10. Screaming Eagle Cabernet 1992 $500,000
This vintage still holds the record for the most expensive red wine. It is a six-liter Cabernet from Napa Valley. The technicality was the key to the wine’s success at the Napa Valley Wine Auction 2000, where it sold for charity at a record-breaking price.
This bottle can be kept and is well worth the price. It has topped many of the most expensive wine lists and gained international attention. This region is the most highly regarded in the New World. It is known for its “Napa Cab” wine, a rich oak-aged aroma that is infused with blackcurrants, licorice and boysenberry.