{"id":71440,"date":"2014-10-22T23:55:19","date_gmt":"2014-10-22T21:55:19","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=71440"},"modified":"2014-10-22T16:17:34","modified_gmt":"2014-10-22T14:17:34","slug":"most-expensive-wines-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/71440\/most-expensive-wines-in-south-africa\/","title":{"rendered":"Most expensive wines in South Africa"},"content":{"rendered":"

If you have a taste for luxury French wines, then expect to pay over R150,000 for some of the most expensive wines the world has to offer.<\/p>\n

The world record for most expensive lot of wine sold at auction was broken earlier this month (October 2014), with 114 bottles (750ml) of Burgandy Romanee-Conti wines being sold for $1.6 million (R17.6 million).<\/p>\n

This translates to roughly $14,000 (R154,557) a bottle for the vintage haul.<\/p>\n

The auction, held in Hong Kong and hosted by Sotheby’s, also saw the sale of 66-magnum (1.5 litre) collection of Henri Jayer wine, which sold for $1.1 million (R12 million), or $16,000\u00a0(R176,640) a bottle.<\/p>\n

While the wine lot record was broken at the auction, two previous records for individual bottles of wine still stand.<\/p>\n

According to the Guinness World Records, the most expensive single bottle of wine sold at auction is a $304,375 (R3.36 million) bottle of 1947 French Cheval-Blanc, sold in 2010.<\/p>\n

The most expensive wine ever sold (non-auction), is a $117,000 (R1.3 million) bottle of Chateau d’Yquem (1811), which was sold by The Antique Wine Company, in 2011.<\/p>\n

\"Chateau<\/a>

Chateau d’Yquem (1811)<\/p><\/div>\n

Most expensive wines available<\/h3>\n

Auctions and rare vintage wines aside, the world’s most expensive wines fetch a heavy sum, though not as much when compared to whisky prices<\/a>, which can easily retail for tens of thousands of dollars.<\/p>\n

According to Wine-Searcher.com, the world’s most expensive wine is the Domaine de la Romanee-Conti Romanee-Conti Grand Cru, which retails for an average price of $13,127 (R144,920) a bottle – not too far short of the price it fetched at auction.<\/p>\n

The wine database notes that certain vintages of\u00a0Romanee-Conti can retail for as much as $51,303 (R566,400) a bottle.<\/p>\n

The second most expensive wine is the Henri Jayer brand, with a bottle of Cros Parantouch Premier Cru retailing for an average price of $7,708 (R85,095).<\/p>\n

A bottle of this wine can reach up to $15,765 (R174,000), with a magnum 1990 vintage reaching as high as $32,200 (R355,480).<\/p>\n

\"Romanee-Contie<\/a>

Romanee-Contie wine<\/p><\/div>\n

Top 10 wines by average price (USD)<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/strong><\/td>\nWine<\/strong><\/td>\nPrice (750ml bottle)
\n<\/strong><\/td>\n		Max. Price (750ml bottle)
\n<\/strong><\/td>\n<\/tr>\n
1<\/td>\nDomaine de la Romanee-Conti Romanee-Conti Grand Cru<\/td>\n$13,127<\/td>\n$51,303<\/td>\n<\/tr>\n
2<\/td>\nHenri Jayer Cros Parantoux, Vosne-Romanee Premier Cru<\/td>\n$7,708<\/td>\n$13,725<\/td>\n<\/tr>\n
3<\/td>\nEgon Muller-Scharzhof Scharzhofberger Riesling Trockenbeerenauslese<\/td>\n$7,129<\/td>\n$13,412<\/td>\n<\/tr>\n
4<\/td>\nDomaine Leflaive Montrachet Grand Cru, Cote de Beaune<\/td>\n$5,879<\/td>\n$9,544<\/td>\n<\/tr>\n
5<\/td>\nDomaine Leroy Musigny Grand Cru<\/td>\n$5,537<\/td>\n$15,270<\/td>\n<\/tr>\n
6<\/td>\nJoh. Jos. Prum Wehlener Sonnenuhr Riesling Trockenbeerenauslese<\/td>\n$5,395<\/td>\n$14,378<\/td>\n<\/tr>\n
7<\/td>\nDomaine Georges & Christophe Roumier Musigny Grand Cru<\/td>\n$5,046<\/td>\n$13,835<\/td>\n<\/tr>\n
8<\/td>\nDomaine de la Romanee-Conti Montrachet Grand Cru<\/td>\n$4,686<\/td>\n$11,711<\/td>\n<\/tr>\n
9<\/td>\nDomaine Jean-Louis Chave Ermitage Cuvee Cathelin<\/td>\n$3,819<\/td>\n$7,562<\/td>\n<\/tr>\n
10<\/td>\nGeorges et Henri Jayer Echezeaux Grand Cru<\/td>\n$3,372<\/td>\n$15,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

Wine-Searcher<\/a> bases its listing on the average price of a standard bottle (750ml), counting all available vintages, drawing information from a database of 50,161 price lists, totaling 6,708,894 wine offers.<\/p>\n

It’s unsurprising that a majority of the top 50 wines listed by the site are French (43 out of 50) – notably from the Domaine Estate in Burgandy – with other countries making up the other seven spots.<\/p>\n

This includes:<\/p>\n