August 3rd, 2006


high stakes wine buying

San Francisco Chronicle

Worth its weight in gold?
Why some people happily pay $500 for a bottle of wine

 A dozen Screaming Eagle magnums (1.5-liter bottles) sold ... JC Cellars winemaker and president Jeff Cohn makes a Syra... Opus One wine, in an early stage of the winemaking proces... 

Only in Napa Valley -- and Bordeaux -- would 25.6 ounces of fermented grape juice sell for $500. 

In June, the new owners of Screaming Eagle Winery in Oakville sent a letter to their mailing list subscribers, offering them the opportunity to purchase a three-pack of 2003 Screaming Eagle Napa Valley Cabernet Sauvignon for $1,500. That's $500 per 750-ml bottle, a price that makes Screaming Eagle the most expensive current-release wine made in America.

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