The $300 Coravin question
Coravin is the new, hip, and incredibly well-reviewed corkscrew that lets you open a bottle of wine without taking out the cork. As such, it is as revolutionary as the company says. But it’s the $300 Coravin question that remains unanswered: Is it necessary to spend that much money on a wine gadget?
Make no mistake: the Coravin does what it says it does. Shasha Dotras (that’s her in the photo) impressed almost everyone who saw her demonstrate the opener recently at Pogo’s in Dallas. The hollow needle, which has a hole in the sharp end, pushes through the cork, argon gas is fed into the wine, the wine flows through the needle, and the opener’s handle works like a spigot. Pull the needle out, the argon gas fills the empty space, and the cork expands to fill the hole left by the needle. The wine remains mostly as fresh as before the Coravin.
But is that it works enough? If it costs $300, then it had better be worth $300 worth of wine, be they 30 bottles of $10 wine or three bottles of $100 wine (and that doesn’t include $11 each for the argon capsules). And that’s a difficult standard for any gadget to meet.
Further complicating the price/value discussion is that most of us don’t need the Coravin. There are four glasses in a bottle of wine. I open a bottle at dinner, and I have two glasses and the person with me has two glasses. When are we going to use the Coravin? And most people who don’t finish a bottle are more than happy to replace the cork or screwcap, put the bottle in the fridge, and drink the rest later. The idea that oxidation exists and could spoil their wine is something only wine snobs worry about.
So who would benefit from the Coravin? Professionals who taste a lot of pricey wine one glass at a time, but that can hardly be a market big enough to make a difference. Maybe there’s demand for a restaurant version, though given the level of training at most restaurants, breakage would probably make the Coravin prohibitively expensive.
This leaves everyone who has a cellar stuffed full of expensive wine, has lots of money to spend on gadgets, and sees wine as something to collect and not necessarily drink — probably less than five percent of the U.S. wine drinking population. In other words, the Winestream Media’s typical wine drinker. Which no doubt explains this. And this.
In this, the Coravin may well be to wine what the granite counter top is to home renovation — it sells well and is really nice to have, but isn’t going to make dinner any easier cook or taste any better. Which answers the $300 Coravin question for me.