biggest penfolds grange auction ever

  1. 2,129 Posts.

    Just dropping by to let any wine buffs know that the biggest Penfolds Grange auction ever held is underway online.
    The auction is being conducted by Langtons, Australia's leading wine auctioneer.
    Prices realised are usually well below what you would pay at retail.

    If you are looking for a bargain bottle or two of Grange, head on over to:-

    Just click on "more" next to the Grange Auction listing to open up the first page of lots, then click on "more" at the bottom right hand corner of the page to access the next page of lots on offer, and so on.


    Penfolds Grange Auction June 13 - July 14, 2003

    A remarkable collection of Australia’s greatest wine, Penfolds Grange, is now available online at Langton's closing on July 14, 2003. This is Australia’s largest ever single auction of Grange representing over AUD$1 million in value.

    The sale comprises every vintage of Grange released including - rare single bottles from the 1950s, a complete collection of Grange 1951 to 1998 (some bottles originating from the private cellar of Max Schubert the creator of Grange), over 80 magnums from the inaugural 1979 vintage to 1998, four extremely rare imperials from the 1975, 1985 and 1993 vintages and full multiple case lots of vintages from the 1960s, 1970s, 1980s and 1990s.

    Specialist wine auctioneer and Grange expert, Stewart Langton, comments: “This is very close to the definitive Grange auction. The sheer size and scope of this sale is quite breathtaking. We expect this auction to attract buyers from all over the world but especially from our home market. Australians are profoundly proud of Penfolds Grange. It embraces both traditional values and innovation. Grange is in every respect an Australian icon.

    The recent release and unprecedented interest in the 1998 vintage is a timely reminder of how Grange is perceived by wine collectors and enthusiasts. While the 1950s vintages and some specific older vintages (like the 1971) may attract significant interest, many vintages from the 1970s, 1980s and 1990s will be sold at comparatively moderate prices - in the AUD$240-300 range. Compare these prices with the prices reported currently in the primary retail market. And for those who missed their allocation of 1998 Grange this auction will be an excellent panacea to their disappointment!”

    Grange is an Australian wine icon for good reason. It is probably the most consistent wine produced in the world. Today the style is distinctive and individual. Wines of immense power, plush concentration and balance are a combination of ripe fruit and well-seasoned American oak woven together by barrel fermentation and careful maturation. Great vintages will last longer than forty years. Ordinary vintages will go for at least twenty. This is achieved through vintage triaging and classification - a system that ensures that only the best components find their way into the final Grange blend.

    The development of Grange has influenced a whole generation of winemakers. The use of American oak and partial barrel fermentation has had a profound effect on winemaking philosophy. From an investment perspective Grange is the quintessential investment wine. Its iconic status is reflected in Langton's Classification of Australian Wine. Although the wines in each of Langton’s four classification levels are ordered alphabetically, Grange heads the list - indicative of its present significance and historical importance.

    Penfolds Grange is inextricably linked to the foundation of the contemporary Australian wine industry. As the market for ultra-fine Australian wine evolves, embracing new ideas and enthusiasms, Grange remains the rock on which it was built.


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