“What Does $60,000 Taste Like?” – Penfolds’ Record-Breaking Auction

“What Does $60,000 Taste Like?” – Penfolds’ Record-Breaking Auction

Leading fine wine marketplace, Langton’s, is opening their cellar to the public. Starting from now until Sunday the 24th of June, you will be able to purchase some of the “… most treasured wines…”. One bottle of 1951 Penfolds Grange has already surpassed the previous $51,001 domestic record from 2017. The new record? $60,000 AUD.  

Some of Australia’s rarest and most acclaimed wines will take centre stage at this here auction. Wines of the same calibre as the record holding ’51 Penfolds Grange. The reason for this vintage being so coveted is due to the fact it was an initial experiment of Penfolds’ Chief Winemaker, Max Schubert. Schubert produced extremely limited quantities, did not sell it commercially, only gifting the wine to family and close friends. Not often do you encounter a variation of wine so exclusive and rare that is is unclear how many bottles remain in the world – if there even are any bottles that remain. 

The auction will also have a full set of sixty-two Penfolds Grange bottles on offer, spanning from 1951 to 2013. The collection has been carefully curated over the course of eighteen years by “… an avid wine collector…”. The set is expected to sell for a minimum of $300,000 AUD, with the current bid sitting at a respectable $274,999 AUD. 

“What Does $60,000 Taste Like?” – Penfolds’ Record-Breaking Auction

Other items of rarity hitting the block include an Imperial (six litres) of 1975 Penfolds Grange signed by Schubert himself, which is projected to fetch $30,000 AUD, as well as a 1962 Penfolds Bin 60A also signed Schubert, projected to fetch $7,000 AUD.

And there’s good news for those of us without outrageous amounts of disposable income. Reports indicate that we can also expect wines that aren’t “… a little out of [our] price range…”.

“… [O]n top of rare vintages and collections, the auction has something for everybody, with wines from the Penfolds Bin Range starting from as little as $10,” says Tamara Grischy, Langton’s Head of Auction. 

“Wine auctions are a great place for people to discover a diverse range of unique wines– whether that’s a rare wine, a great Australian wine, an international wine, or just one you haven’t tried before.”

But what about those of us that don’t have such a refined palette for the beloved nectar of the grape? 

“Our Penfolds Rewards of Patience Auction is a fantastic auction to have a look at whether you’re a passing enthusiast or a wine connoisseur.”

Well, there you have it, folks. Something for everyone.  

The Penfolds Rewards of Patience Auction is now up and running, set to end this Sunday the 24th of June at 7PM. Find out more here.