Cooks California sparkling wine is a non-vintage, inexpensive wine, and many people enjoy it, especially at its price point. It should be safe to drink even if five or more years old, as long as the cork is wet when you open it. The refrigerator to room temp to fridge won't harm it, but if it sat in a hot attic or trunk of a car for any period of time, it could taste bad, like sparkling bad vinegar. You'll know as soon as you open it whether it's drinkable.
Regarding aging and more valuable. Sorry, not gonna happen. It was made to be drunk "young"
I've got a bottle of Mateus wine I bought when I got out of the Navy in 1972, and I expect it would be vinegar by now, and the cork dried out, but it's a keepsake memento more than anything else. I've also a signed Pat Paulson sauvignon blank that's not been cellared, and I doubt it would be drinkable, but again, it's a keepsake.
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