Grange hits new high
Published: 23 July, 2008
Aussie auction beats October peak
A complete set of 44 vintages of Penfolds' Grange Hermitage was sold for a record price of A$159,000 at a Langton's auction in Australia on 26 November. The telephone bid by an unidentified Hong Kong-based purchaser beat the previous highest-ever price of A$112,000 paid in October 1999. Individual bottles of Grange can change hands for between A$10,000 and A$15,000, depending on their rarity value, although the experimental 1951, which was heavily criticised on its release, recently notched up a price of A$24,500. According to Andrew Caillard MW of Langton's, fewer than 40 complete sets of Grange exist worldwide.
Keywords:
Search
© Agile Media Ltd 2024. All rights reserved. Agile Media Ltd. Registered office:
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
56-58 Church Walk, Burgess Hill, West Sussex, RH15 9AN
Registered in England No. 6646125. VAT No. 938 4452 95
