It’s every oenophile’s desire to taste a rare bottle with the aroma and taste like that of the 1945 Domaine de la Romanée-Conti.
This fine bottle of wine was sold by Sotheby’s for a whopping price of $558,000, making it one of the most expensive wines in the world.
Wine is a collectible just like cars. Value of the most expensive bottles of wine is determined by their place of origin, maker, and the type of grapes used, over and above its age. As a collectible, wine has defeated classic cars to be the best performing collectible of the world’s uber-rich.
Let’s dive into our list of the five most expensive wine bottles in the world.
The five most expensive wines in the world
1945 Domaine de la Romanée-Conti
Average Price - $19,052
Topping our list of most expensive wines in the world is the world’s finest red Burgundy by Domaine de la Romanée-Conti Romanee-Conti (often referred to as DRC).
Wine connoisseurs consider the wine bottles produced by DRC to be the purest and the best Pinot Noir one could possibly find.One bottle of the 1945 DRC was auctioned off by Sotheby’s auction house for $558,000, making this sale the most expensive bottle of wine ever sold at an auction.
Domaine Leroy Musigny
Average Price - $7880
The finest and also some of the most expensive bottles of wine are made by Domaine Leroy. A close competitor to DRC in terms of both taste and price, the Domaine Leroy Musigny was the most expensive wine in 2018.
Currently the price of The Domanine Leroy Musigny shifts between $7880 and $18,000. Owner of this wine label- Madame Lalou Bize-Leroy is said to be one of the most famous wine makers producing the best Burgundy wines.
Egon Muller Scharzhofberger Riesling Trockenbeerenauslese
Average Price - $13,220
Third on our list of most expensive wines in the world is a fine Riesling wine by Egon Muller – a world-renowned winemaker from Germany. His Rieslings are considered to be the best in the world and naturally, they command hefty prices.
The Egon Muller Scharzhofberger Riesling Trockenbeerenauslese – the best Riesling wine produced by the Muller estate, commands on an average a price around $13,220.
In 2003, this Egon Muller Riesling, priced at $16,810 was the highest price ever achieved for a new wine at an auction.
Domaine Georges & Christopher Roumier Musigny Grand Cru
Average Price - $7747
Created by Georges Roumier, this Domaine produces excellent wines that never score anything less than a 95 on critic scores. Its famous Musigny Grand Cru has an average price of $7747, with certain offers crossing the $15,000 mark.
The Domaine Georges Roumeir has 11.8 hectares of land in the best wine-making localities of Côte de Nuits – the heartland of Burgundy wine.
Domaine de la Romanee-Conti Montrachet Grand Cru
Average Price - $7722
Another recipient of our list of most expensive wines in the world is from Domaine de la Romanee-Conti.
This Montrachet is considered to be one of the finest white wines in the world.
The Domaine de la Romanee-Conti Montrachet Grand Cru’s average price per bottle is $7722. But this white Burgundy’s acclaim sometimes shoots up the price to a staggering $108,000.
Their value doesn’t depreciate with time, their rarity is an added advantage, and its status as the drink of the posh and sophisticated – all these qualities have made wine an attractive investment for the wealthy. Since the value of fine wine doesn’t show any erratic fluctuations with changing external scenarios, they are a simple and relatively secure investment. The wines included in the above list of most expensive wine bottles command such high prices as they are also the best wines in the world in terms of aroma, taste, and texture. Their high prices are also a result of them being sound investments.