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Do you have a lot of experience with sherry? If not, which I assume, buy a few cheaper ones. Gonzales Byass, Tradicion etc. have lots of good (great) stuff in the 80 €/750 ml region (20-30 years aged). You could pick up a bottle of Gonzales Byass Matusalem (pedro ximenez/oloroso blend--pretty unique, I think) too.
I don't have much experience with Sherry, although I would be sharing the bottle with people who know far more than me. I just don't know if it's the kind of thing worth jumping on, or if it's not worth the price. For what it's worth, 190 is cheaper than any other price I've seen.
Sherry in itself is pretty good value, ime. I'd say get a few demi-bottles in the 40 € range. You'll learn more, and they'll certainly appreciate it.