Current bid for rare 1951 Grange breaking world record for most expensive bottle of Australian wine ever sold
July 14th, 2021
Jacob Parker, a senior wine broker at Langton’s, posted on Linkedin that the rare 1951 bottle of Penfolds Grange Hermitage currently has a world record-smashing bid.
The bid has beaten the current world record for the most expensive bottle of Australian wine by $38.5K, according to the wine broker.
The wine is currently sitting pretty at auction, which closes on 18 July, for AUD$122,001.
This bottle of ’51 Grange was recorked and signed by renowned winemaker Max Schubert himself in 1988.
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Millennials move in on wine auctions as China tariff opens door
Jane Rocca
Photo: Supplied
For more than 55 years the biennial Barossa Wine Auction has lured those keen on rare and vintage wines from the prized region of South Australia. This year, however, all eyes are on new collectors – millennials aged in their mid-20s – who are taking over the once-strong Chinese market interest.
The event now includes two live auctions – the first held in the Barossa on April 16 and a new ticketed event in Sydney on April 29. An online auction runs until early May, while a live stream in Hong Kong is aimed at expat collectors.