Piccini Chianti

[skogkatt]

Laat night a dinner we were served a '99' Piccini Chianti. As a newcomer to quality I thought it quite nice and promptly went out today and purchased a 1.5 L for $7.99. questions: Is this a good wine or am I to inexperince to know what really is good? Secondly, is there another Chianti in a reasonable price range to compare it with that the board thinks is quite good?
Third, around the neck at the bottom edge of the cork wrap it has a pink label with the initials DOCG, says CHIANTI, has letter/numbers AAP04947428 and something written in Italian. What does all this mean?
Your thoughts as always are appreciated.