This is a good example of a wine that was bought for less then 20$, was excellent a couple of years after release and reached its peak almost 9 years later.
Chateau Souverain Merlot Alexander Vally 1999
This wine is extremely elegant and harmonic, a feminine wine with class.
Medium deep garnet color. Ripe plum and blackberries along with violet and jasmine perfumes. Coffee, leather and a slight smoked aroma which is balanced well into the wine. The mouth feel is very smooth and round. Excellent long finish. 92
I haven't tasted any current releases of this wine. Some reviews claim they have not repeated this success in current vintages.