Top 10 most expensive red wines

Wines can be really expensive. There is a long-held belief that the wines get better with age and therefore, people have a tendency to store these. However, not all wines age well with time. Some of these which do age well, bear significant costs of storage, overhead expenses and the regular inspection which is undertaken from time to time. All this adds to their costs, and if these are cellared for tens of years, the cost is really great. This is one of the reasons why these wines are expensive. However, the other factors such as brand value and the market dynamics are other important pointers for pricey wines.

On the online marketplace Justwines.com.au, the most expensive red wines along with their astonishing prices that are listed are:

The wines of Tahbilk and Yalumba are from one of the oldest wineries of Australia. Another point to note is that Barossa Valley, Margaret River, Victoria, McLaren Vale and Clare Valley wine regions from where these wines have been produced. All of these are famous wine regions.