Can wine really be worth $700 a bottle?

By Huon Hooke
Updated July 21 2015 - 10:08am, first published May 26 2015 - 2:26pm
Well aged: Vines dating back to the 1860s are responsible for Henschke’s Hill of Grace shiraz. Photo: Dragan Radocaj
Well aged: Vines dating back to the 1860s are responsible for Henschke’s Hill of Grace shiraz. Photo: Dragan Radocaj
Well aged: Vines dating back to the 1860s are responsible for Henschke’s Hill of Grace shiraz. Photo: Dragan Radocaj
Well aged: Vines dating back to the 1860s are responsible for Henschke’s Hill of Grace shiraz. Photo: Dragan Radocaj

A special vineyard site is one of the defining factors that can lead to a jaw-dropping price on the shelf.

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