Rare ’51 Grange sets new world record at auction
July 20th, 2021
A rare bottle of Penfolds Grange 1951, which was signed and recorked by Max Schubert, has gone under the hammer at a Langton’s auction for $142,131, breaking the previous record of $103,000.
The world record bid for the wine marks it as the most expensive bottle of Australian wine ever sold, and at the price of $141K, makes it roughly worth more than $28K per glass.
The bottle is one of the few rare examples in existence of the first vintage of Penfolds Grange ever made, and went under the hammer at the Langton’s Penfolds Rewards of Patience auction which closed on Sunday night at 7pm (AEST).
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Penfolds Grange 1951 bottle expected to smash world record price
July 5th, 2021
Image: Max Schubert with Grange.
A rare bottle of Penfolds Grange 1951 that is made even rarer having been signed and re-corked by hand by Chief Winemaker and creator of Penfolds Grange Max Schubert is expected to break the world record price if it sells at the online Langton’s Rewards of Patience auction this month.
“This bottle is one of a kind in the world, and I’ve never seen anything like it in my more than 20 years in fine wine. We expect it to go under the hammer for around $120,000 if it sells,” said Langton’s Head of Auctions Tamara Grischy.