Single bottle of Penfolds Grange 1951 shatters world record price at auction

A single bottle of Penfolds Grange 1951 shatters the world record price at a Langton’s auction, becoming by far the most expensive bottle of Australian wine ever sold. 

The Penfolds Grange Hermitage Bin 1 Shiraz 1951 is one of just a few bottles in existence from the first ever vintage of Penfolds Grange, and went under the hammer at the Langton’s Penfolds Rewards of Patience auction, which concluded at 7pm on Sunday night (18 July).

The single bottle sold for a remarkable $142,131, which makes it by far the most expensive bottle of Australian wine ever sold, breaking the previous record of $103,000.

“This is extraordinary, never in my wildest dreams would I have thought a bottle of Australian wine would sell for this much. However, this is a unicorn of a wine, and one of the finest bottles we’ve ever seen come through at Langton’s,” Langton’s Head of Auctions Tamara Grischy said of the sale.

“The buyer is thrilled to have secured this fine piece of Australian wine history for their collection,” she added…. Read Full Article | https://www.thedrinksbusiness.com/2021/07/single-bottle-of-penfolds-grange-1951-shatters-world-record-price-at-auction/

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