Cognac is arguably history’s most esteemed spirit. A drink for royalty, noblemen and the upper class, it has long signified opulence and quality. Rum, whisky and gin were the spirits of the everyman, poured for people drinking to forget the day. But as the reputation of those “lower” spirits has climbed, Cognac’s has quietly drifted the other way, and that drift has left behind one of the great value opportunities in spirits today. The Origins o…
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