Thirty years ago, the most-prized wines in California—including Robert Mondavi Reserve Cabernet, Duckhorn Three Palms Merlot, Heitz Martha’s Vineyard Cabernet—sold for under $30. Opus One got attention with its shocking price of $50. Inflation since then has roughly doubled the value of money. But the cheapest of those famous wines now costs about four times as much. Heitz Martha’s Vineyard is now $200; Opus One is $225.
Posted on May 27, 2016 - 12:38pm