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Hennessy X.O Exclusive Collection Holiday 2007. Not many luxury products can boast such a diverse clientele. Hennessy X.O cognac is enjoyed by well-heeled patricians, young upwardly mobile urbanites, hip hop artists, British secret agents, and North Korean dictators. The complex blend's remarkably balanced, full-bodied, and smooth quality provides a rewarding experience, making the cognac worth the $150 or so that it will cost you at a reasonably priced liquor store—provided you don't drink it too quickly, which is tempting.

For a mere $50 more comes Hennessy X.O Exclusive Collection Holiday 2007. Individually numbered with gold-accented glass and presented in a handsome gift box, this offering is designed with the collectors and luxury gift markets in mind. The original X.O cognac blend remains unchanged. (So you're paying for the gold accents and box…)—M.F.

Price: $200

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