Last year, Australia's Penfolds released a wine that cost a hair over $1,000. That's chump change compared to the going rate for its latest luxury offering, a 2004 Kalimna Block 42 Cabernet Sauvignon priced at $168,000. What makes the wine worthy of such a lofty price tag? The Wall Street Journal takes a look. For one, it's made from what Penfolds touts as the world's oldest continually producing Cabernet vines (in action since the 1880s).
The wine, which has received at least one 100-point rating (from critic James Suckling) is housed in a master craftsmen-designed vessel made from hand-blown glass and called an ampoule, or tube-shape vial. That is suspended inside another piece of hand-blown glass called a bob. All that is housed in a cabinet adorned in rhodium, a precious metal that's pricier than gold. And then there's the exclusivity factor: Only 12 were made, and only one is still available. Should you manage to snatch it up (the Journal explains who to call with such an inquiry), a senior Penfolds winemaker will travel to you to open it. Click for more chi-chi details. (More Penfolds stories.)