While Argentina makes some great Merlots, much of it goes into the high-end blends made by various producers. Here is a 100% Merlot that is IMO very special and also offers attractive QPR.

Banfi Cinco Tierras Premium Merlot 2003
Mendoza, Argentina

Made from old-vines from the sub regions of La Consulta & Agrelo, this 100% Merlot is aged in French Oak (50% first year) for 12 months. Shiny deep red color, complex nose of fruits, coffe & spices. Big attack full of very ripe red fruits, good balance and finish. Only 8,000 bottles produced.