image source: refinedguy.com

Bottle of 1951 Penfolds Grange fetches AUS$51,000 at auction

As if it wasn’t a highly celebrated wine brand already, Australia’s Penfolds just claimed yet another accolade as one of its pioneering bottles of its famed Grange red wine was recently auctioned off for a whopping figure of AUS$51,000.

The particular bottle in question that was sold at a specialist auction hosted by MW Wines last week happened to be  part of the famous label’s first vintage – 1951 Penfolds Grange. This also made it one of the most expensive bottles ever sold in the Australian market.

The sought-after bottle of red wine was reportedly snapped up by an avid Sydney-based collector who wished to remain anonymous. The previous record for a bottle of 1951 Penfolds Grange was set in 2004 when one sold for AU$50,000, while another sold for AU$43,700 in 2009.

image source: MW Wines

image source: MW Wines

Penfolds’ managing director Nick Stamford could only describe the sale figure as “staggering”. He further noted that of the 160 bottles originally produced for this particular vintage, only 20 bottles of the 1951 Penfolds Grange are thought to still exist at most.

If you didn’t know, the 1951 was the first vintage of Grange produced by Max Schubert. Regarded as one of Australia’s greatest winemakers, Schubert was inspired to produce a non-fortified wine from Shiraz after his trip to Bordeaux and the Rhône back in the late 1940s.

The bottle that was sold last week was supposedly tasted by its maker Schubert himself in 1993 – a year before his death in 1994. Additional reports states that this bottle was tasted yet again, only this by current winemaker Peter Gago in 2012.

(Main image source: refinedguy.com)

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