Thursday, July 16, 2009

The Great Cabernet Ripoff

Vine reader and ol' drinkin' buddy Nate L. passed along this little gem of an article from The Daily Beast:

The Great Cabernet Ripoff

I really can't argue too much with too much in here. I was talking to another friend of mine who regularly attends private "wine tasting competitions" of cabernets and such. The latest cab to win one of those competitions cost around $300 a bottle, which is utterly ridiculous.

As you all know, I'm pretty partial to wines I feel like I can crack everyday, but after a certain point -- do you really gain anything other than showing people that you have $300 to spend on a bottle of wine?

UPDATE: K2 writes on a similar subject (and about Kings X!) over at Under the Grape Tree.


Unknown said...

Glad you liked the article!

The Wine School of Philadelphia

The Naked Vine said...

I certainly did. It's well put together -- and I would certainly appreciate it if the "bubble would burst" on the prices. I could certainly use some affordable, quality cab...

Wine and Recipes Forever said...

A very eye opening article that makes a lot of sense in many regards. Many of the Napa Valley Cabernets go for prices that are out of line. There are still gems to be found though I believe. Hayman and Hill Napa Valley Cabernet Sauvignon comes to mind ($13). This wine uses fruit from Napa but is produced Sonoma.

Unknown said...

Count me among the article fans. I forwarded it to several friends, as we've discussed the exact same thing for the last few years. As I mentioned in an email exchange with Mike earlier today, it's easier to find good wine values out of Bordeaux than it is Napa Cab these days. I wonder what kind of odds you could have gotten on that 30 years ago.