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what is meant by "Basket pressed"? and "Show reserve"?

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HI everyone,

I had the opportunity to buy these 4 bottles of Wolf-Blass 1995 shiraz at about US$16 each. On the label were the terms "Basket Pressed" and "Show Reserve". Can anyone enlighted me as to what they mean? Is $16 a reasonable price for this wine?

Thanks very much
Jon


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