Penfolds Grange Prices & Investment Potential

With the soon-to-be release of the new Penfolds wines tagged to the marketing line of ‘the 50th anniversary of Bin 389’, the Penfolds label is still being talked about within the circles of  wine-drinkers/collectors because of another increase in the retail prices of the wines. There have been a couple of price adjustments in the past decade (how many exactly, I don’t know), and these inevitably impact on the investment potential of the wines. This is especially relevant for high-end labels such as Grange, which I recall being sold for under $400 when I first arrived in Australia, and now stands at about $550 for the last releaase.

Mark Wickman has taken the time to make a comparison table of the retail prices, and auction high and low prices, for Penfolds Grange. Penfolds Grange Prices & Investment Potential. It a nice read and reference for the wine collector which I recommend.

Incidentally, the 2012 release prices are as follows (obtained from the media release pack):
2009 Bin 389 Cabernet Shiraz $75
2009 Bin 150 Marananga Shiraz $75
2009 Bin 407 Cabernet Sauvignon $65
2009 Bin 28 Kalimna shiraz $38
2010 Bin 128 Coonawarra Shiraz $38
2010 Bin 138 Barossa GSM $38
2011 Bin 23 Adelaide Hills Pinot Noir $30
2011 Bin 311 Henty Chardonnay $40
2011 Bin 51 Eden Valley Riesling $33

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About simplepalatesseriously

I am a neuroscience researcher in Melbourne, Australia with a keen interest in wines of the world.
This entry was posted in Australia, Barossa Valley, Daily happenings, Eden Valley, Press-its, South Australia and tagged , , , , , , , . Bookmark the permalink.

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