Bottle of Penfolds Grange 1951 sells for record $80k

A rare bottle of 1951 Penfolds Grange has sold for a record AU$80,386 (£45,758) at auction, smashing the previous record of $78,000 (£44,400) set earlier this year.

A full set of Grange from 1951 to 2013 also fetched almost $350,000 at Langton’s online auction, which closed on Sunday night. Last year, a full set of Penfolds Grange sold for a record $260,360 to an Adelaide couple.

“This auction had something for everybody, from potential bargains to rare vintages to a selection of unique bottles like the pristine 1951 Penfolds Grange,”  said Langton’s general manager, Jeremy Parham.

The 1951 Grange vintage is particularly sought after due to original Penfolds chief winemaker Max Schubert, and the timing of its ‘release’.

The 1951 was first ever vintage of Penfolds Grange Hermitage. However at that time, Schubert was not selling his wine commercially. Instead chose to pass on the vintage to family and friends. It was only later that Penfolds became a force to be reckoned with on the fine wine market.

Consequently, there were very few of the 1951 vintage in circulation. They are believed to be less than 20 bottles of the vintage left across the world.

Most recently, Penfolds announced the launch of its ‘2018 Collection’, which features the 2014 Grange and 2016 Bin 707.

The latest Grange, Australia’s most famous and one of its most collectible fine wine labels, is the 64th consecutive release and includes grapes from a brand new source.

In total the collection covers five vintages, seven varieties and 15 regions.

The latest slew of releases naturally includes the Bin 169 Coonawarra Cabernet Sauvignon, 2016 Magill Estate Shiraz, 2015 St Henri, 2016 Bin 389 Cabernet Shiraz, Bin 407 Cabernet Sauvignon and Kalimna Bin 28 Shiraz among others.

The white wines in the collection are also growing in stature. The 2016 vintage of Penfolds’ top Chardonnay ‘Yattarna’ is now out, so too the 2017 vintage of the Reserve Bin A Chardonnay.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Advisor

The Whisky Exchange
London, UK

Customer Services Administrator

Speciality Drinks
London, UK

Trading Administrative Assistant

Vin-Exchange Ltd
London, UK

Events Sales Executive

The Drinks Business Hong Kong
Hong Kong

On-Trade Regional Sales Manager

Anthony Byrne Fine Wines
West Midlands, UK

Sales Executive

Wine Source
London, UK

Sales – North East England

Liberty Wines
London, UK

Account Manager

Grape Passions Ltd
Hertfordshire, UK

Account Manager Business Development

Gourvid Limited
London, UK

Pink Rosé Festival

7th Feb 2019

Wine Paris

11th Feb 2019
Click to view more

The Global Fortified Masters 2018

Deadline : 25th January 2019

The Global Pinot Noir Masters 2019

Deadline : 1st February 2019

Click to view more

Rioja Masters 2018

View Results

The Global Beer Competition

View Results

Click to view more