PenfoldsGrange

Penfolds Grange Selling For Record Prices

Filed under: Wine

Prices for Bordeaux may be dropping but down under, the latest vintage from the Penfolds Grange may be the priciest yet. The 2004 Penfolds Bin 95 Grange, which will be released on May 1, is already selling in pre-release for $599 Australian (around $422 a bottle). It is said to be among the great vintages of the Grange (recent past top vintages have been the 1998, 1996 and 1990).

Decanter also reveals that the Penfolds' super-premium collection will also be released on May 1. The complete collection is seven wines that includes he 2006 Penfolds Bin 707 Cabernet Sauvignon with a recommended retail price of AUS$185; 2006 Penfolds RWT Barossa Valley Shiraz - $170; 2006 Magill Estate Shiraz - $100; 2005 St. Henri Shiraz - $95; and 2007 Penfolds Reserve Bin A Adelaide Hills Chardonnay - $90.

Penfolds Grange is one of the top name brands for wine in the world and widely regarded as Australia's most prized wine but at a time when even marquee name wines like Mouton Rothschild are being offered at the lowest prices in years it seems a daring strategy to charge this much no matter how highly regarded a wine it is.

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Tags: australian wine, AustralianWine, penfolds grange, PenfoldsGrange, wine

Wine Exec Surrenders Pricey Vintages to Airport Rules

by Deidre Woollard (RSS feed) —

Filed under: Wine

If you've traveled over the past year you have probably seen someone having to surrender a bottle of shampoo or some other liquid due to the rules about carrying liquids on planes. But pity poor Neil Grant, southern region general manager with Foster's Australia, who recently had to surrender bottles of a 1980 and an '82 Penfold's Grange, treasures worth a couple of thousand dollars. Grant was going to conferences in Scotland and Ireland and pulled the precious vintages from his personal cellar. At the final security check he ran into a woman who informed him the bottles would be destroyed because he could not take them on board. He argued that people from Emirates airlines were willing to find his checked baggage and put the wine in there but she refused. He also offered to open them and share them with everyone around. Finally, rather than just throw them whole into the trash, he smashed them. The best part of the article for me is that Grant was man enough to admit he was close to tears. To quote an old song, you would cry too, if it happened to you.

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Tags: airport, australia, penfolds grange, PenfoldsGrange, security, wine

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