Cult Wine
Cult wines are those for which dedicated groups of committed enthusiasts will pay large sums of money. Such wines include, for example, Screaming Eagle from California and Penfolds Grange from Australia, among many others.
Cult wines are often seen as trophy wines to be collected or as investment wine to be held rather than consumed. Because price is often seen as an indicator of quality, high prices often increase the desirability of such wines. This is true even for less expensive wines. For example, one vintner explained that "on several occasions we have had difficulty selling wines at $75, but as soon as we raise the price to $125 they sell out and get put on allocation".
Others wines that fall under the title occasionally are from Burgundy, Bordeaux, Rhône and Italy.
These wines when scored highly by Robert Parker have had a tendency to increase in price resembling the Bordeaux investment market.
Read more about Cult Wine: California Cult Wines, Bordeaux Cult Wines
Famous quotes containing the words cult and/or wine:
“By Modernism I mean the positive rejection of the past and the blind belief in the process of change, in novelty for its own sake, in the idea that progress through time equates with cultural progress; in the cult of individuality, originality and self-expression.”
—Dan Cruickshank (b. 1949)
“I believe that water is the only drink for a wise man: wine is not so noble a liquor; and think of dashing the hopes of a morning with a cup of warm coffee, or of an evening with a dish of tea! Ah, how low I fall when I am tempted by them! Even music may be intoxicating. Such apparently slight causes destroyed Greece and Rome, and will destroy England and America.”
—Henry David Thoreau (1817–1862)