Word: petrus
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Dates: during 1980-1989
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...wide variety of luxuries, and despite the new exchange rates, Parisian prices too remain pretty luxurious. As one survivor puts it, "Paris has gone from the ridiculous to the merely exorbitant." For oenophiles who have graduated from Mouton Cadet (price: $3), the Bordeaux to search for is Chateau Petrus, which sells out as soon as it is available, at $120 to $150 a bottle. And while many French wines are no cheaper in France than they are in the U.S., one of the top shippers in Bordeaux, the Maison Dubos, reports a steadily increasing number of American customers...
...much as $2 from the cost of their three-liter bottles. The serious wine collector can find remarkable bargains among prestigious Bordeaux and Burgundies, as well as vintages from lesser-known petits chateaux that have never exported before. In fact, the top vintages, such as a 1978 Chateau Petrus and a 1975 Chateau Lafite Rothschild, have resisted price-cutting. Even these are good buys at $82.95 and $79.95 respectively. As Sherry-Lehmann notes, "They will outlive most of us." -By Michael Demarest...