- Chronological age since production
- Low number of bottles produced
- Desirability for collecting
- Fame or high profile status
- Age worthiness or endurance for cellaring purposes
- A cult following caused by a loyal customer following or other hype
- Extreme or glowing praise by one or more famous wine reviewers
- Trophies and/or other awards
- Investment or “upside”, especially more recently
The fact that a specific wine may qualify as a rare wine does not necessarily mean it will be enjoyable, that it will taste good, or that it is worth lots of money. There may be only one bottle of Jacob’s Creek 1967 Cabernet Sauvignon in the world, so although this bottle may still qualify as a rare wine due to its scarce supply, it need not be regarded as a coveted treasure. All it means is that this particular year of this particular wine is in short supply. Yet a 1961 Chateau Latour from the Bordeaux Region in France is a rare wine in the more conventionally defined manner, as it is coveted for many reasons: it is an old wine, it was from a great vintage, it is a wine which has a great reputation for longevity, it has status, it has been renowned by the most revered and most trusted wine reviewers, and it has a very, very long life ahead. More >>>
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