What is the best Penfolds Grange year?
The best-performing vintage Granges in the current market are: 1986, 1990, 1991, 1996, 1998 and 1999. More recent vintages such as 2002, 2004, 2006, 2008, 2010, 2012, 2013 and 2014 are also highly regarded.
How much is a bottle of Grange worth?
How much is Penfolds Grange Worth? The first vintage, 1951, can fetch over $80,000. 1952 – 1959: Between $4,000 to $35,000. Exceptional later vintages such as the 1971, 1976, 1986, 1990 and the 1998 normally trade between $600 to $1,700.
Where is Grange Hermitage made?
It was finally decided that the raw material for the first experimental Grange Hermitage would be a mixture of Shiraz grapes from two separate vineyards and areas, consisting of Penfolds Grange vineyards at Magill in the foothills overlooking Adelaide and a private vineyard some distance south of Adelaide.
How much did Langton’s sell this bottle of Penfolds Grange 1951 for at auction?
A bottle of Penfolds Grange 1951 has gone under the hammer at a Langton’s auction for $142,131, making it the most expensive bottle of Australian wine ever sold.
Does Grange go up in value?
Most bottles of Penfolds Grange purchased in the 1970’s, 1980’s and early 1990’s have increased in value from their purchase price but they have not increased beyond the current release retail price.
Why is Grange Hermitage so expensive?
Setting records. As Grange is a wine best cellared – left to ferment over a considerable length of time – decades-old bottles are regularly sold at auction. 1951 Grange has become so valuable because, although it was bottled, it was never commercially released.
Is Grange a blend?
For over 170 years, multi-varietal blending has underpinned the Penfolds winemaking philosophy. Crafted to a house style, some of our most celebrated wines are multi-varietal blends, including Grange and Bin 389 Cabernet Shiraz.
Is Grange worth the money?
In 2018 a bottle of 1951 Grange set the Australian record, selling for $67,000AUD ($78,000 including buyer’s premium). 1951 Grange has become so valuable because, although it was bottled, it was never commercially released.
Is Penfolds Grange a good wine?
Penfolds Grange, also labeled as Penfolds Grange Hermitage until the 1989 vintage, is one of Australia’s most valuable wines and its price can vary depending on the vintage (not the bottled date), the bin number, the condition of the bottle and how well the bottle has been stored (known as its provenance ).
How much does a Penfolds Bin 95 Shiraz cost?
To be released October 2018 for $900. Initially all new releases will drop in price at auction if they are still available to the retail market. Penfolds Bin 95 Grange Shiraz. 2013. $590. $700. Released October 2017 for around $850. Although a good Grange it is not as good as the 2012.
Are there different bin numbers for old vintages?
Old vintages may be labeled as different Bin numbers. Penfolds is Australia’ s most famous wine producer, best known for its flagship wine Grange, one of the most acclaimed wines in the world. Among many other accolades, the 1955 Grange was named one of the top 12 wines of the 20th…
What is penpenfolds famous for?
Penfolds is Australia’ s most famous wine producer, best known for its flagship wine Grange, one of the most acclaimed wines in the world. Among many other accolades, the 1955 Grange was named one of the top 12 wines of the 20th…