A “good value” wine means a good price relative to the wine’s quality: it’s that $9 wine that tastes like $20, or a $15 wine that could pass for $50…heck, a $50 wine that tastes like $200! We can all appreciate a good deal like that, but knowing where to find them in wine takes time, a curious palate, and the willingness to take an overpriced or under-quality bottle in stride every now and then.
However, here is a good pointer to follow: find good bang for buck when you look beyond the best-known wine regions, or the fancy or trendy areas. Look for the overlooked. Some great examples are: Sicilian reds, Chilean reds, Loire Valley sparkling wines, Spanish whites and reds, or Barolo and Barbaresco (Piemontese Nebbiolo in general).