What is the most expensive bottle of Grange Hermitage?
A bottle of Penfolds Grange Hermitage Bin 1 Shiraz 1951 has set the record for the most expensive bottle of Australian wine ever sold. The expensive drop went under the hammer on Sunday at a Langton’s auction and fetched $157,624.
What is the best vintage of Grange?
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.
Whats the most expensive bottle of Grange?
In July a single bottle of Penfolds Grange from 1951 was sold at auction for a record-breaking $142,131, making it the most expensive bottle of Australian wine ever sold. If that seems too cheap to you, in December 2020 a complete Penfolds Grange set of 64 bottles dating from 1951 to 2014 sold for $430,000.
What is 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.
Why is Grange so expensive?
1951 Grange has become so valuable because, although it was bottled, it was never commercially released. Max Schubert gave some to friends and family, but the rest remained as museum stock, further contributing to their significant value today.
How much is a 1991 Penfolds Grange worth?
|Penfolds Bin 95 Grange Shiraz||1991||$540|
|Penfolds Bin 95 Grange Shiraz||1990||$600|
|Penfolds Bin 95 Grange Hermitage||1989||$450|
|Penfolds Bin 95 Grange Hermitage||1988||$450|
What is a bottle of Grange?
Penfolds Grange (until the 1989 vintage labelled Penfolds Grange Hermitage) is an Australian wine, made predominantly from the Shiraz (Syrah) grape and usually a small percentage of Cabernet Sauvignon. It is widely considered one of Australia’s “first growth” and its most collectable wine.
How much is a bottle of 1997 Grange worth?
|Wine Name||Vintage||Low or Average|
|Penfolds Bin 95 Grange Shiraz||1997||$335|
|Penfolds Bin 95 Grange Shiraz||1996||$450|
|Penfolds Bin 95 Grange Shiraz||1995||$340|
|Penfolds Bin 95 Grange Shiraz||1994||$375|
What makes Grange so expensive?
What blend is Grange?
The G5 combination of 2010, 2012, 2014, 2016 and 2018 Grange, representing 97% Shiraz and 3% Cabernet Sauvignon, contains fruit sourced from the Barossa (70%), McLaren Vale and Clare Valley, with a fraction from Wrattonbully in 2014.
How much is a bottle of 1990 Grange worth?
|Wine Name||Vintage||Low or Average|
|Penfolds Bin 95 Grange Shiraz||1991||$445|
|Penfolds Bin 95 Grange Shiraz||1990||$515|
|Penfolds Bin 95 Grange Hermitage||1989||$400|
|Penfolds Bin 95 Grange Hermitage||1988||$400|
Why is it called Grange Hermitage?
“Grange was known as Grange Hermitage – rather than shiraz. Max named it Hermitage and in his words that was to ‘hand it to the snobs in New South Wales’. It was in here that the wines were stored. So when he was told to stop making them, he continued on.
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 ).
Can I Sell my Grange wine at auction?
Grange sells for a very different value at auction (the secondary market) compared to retail (all wine is valued differently at auction) and, unless you are a retailer with all the associated overheads, you cannot expect to buy and sell at the same price point.
Why is Grange wine so famous?
Grange’s reputation as one of the world’s most celebrated wines continues to grow today. On its 50th birthday in 2001, Grange was listed as a South Australian heritage icon, while the 2008 Grange vintage achieved a perfect score of 100 points by two of the world’s most influential wine magazines.
How much is Grange worth?
Signing up for our auction alert is a great way to keep track of the latest prices being paid for Grange on the secondary market. 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. Released October 2017 for around $850.