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Sherry is perhaps the least understood — and, consequently, most underpriced — wine in the world. Just name one other wine that offers such greatness in a bottle for as little as $10. I’ve racked my brain and can’t think of a single one. Now consider how far a ten-spot normally gets you in the fine wine world. Think Aussie plonk, California rough rider red, and the ubiquitous “international style” chardonnay (whether Australian, American, or French) that’s oversugared and overripe, but has lots of “toasty oak” on the nose to mask its many sins.

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