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The term 'Fine Champagne' on a bottle of Cognac specifically indicates that the Cognac is a blend of spirits from both Grande Champagne and Petite Champagne. This designation signifies a higher quality of Cognac, as these two regions are known for their superior terroir and the quality of grapes grown there, particularly in comparison to other areas.
Grande Champagne is recognized as the top crus of Cognac, providing the best grapes, which leads to the production of exceptional spirits. Petite Champagne, while not as highly esteemed as Grande Champagne, still produces quality grapes that can enhance the overall blend. By combining the two, the resulting Cognac reflects a complex flavor profile and higher quality, making 'Fine Champagne' a label that denotes distinction and craftsmanship in the final product.
In contrast, other options misrepresent the meaning of 'Fine Champagne,' as they do not account for the blend of both crus or incorrectly define the identity of the spirit.