
Fancy owning a bottle of the very first vintage of Penfolds’ flagship wine: the Penfolds Grange Hermitage 1951, released as Bin 1?
The bottle is expected to fetch more than the current price record - and that of the country’s most expensive wine - of over $150,000 (including buyer’s premium).
It is one if the lots in the upcoming Penfolds Rewards of Patience auction to be hosted by fine wine purveyors Langtons.
The auction launched on the Langtons website this week and will close on Sunday, June 29, at 9pm.
The auction will be a chance for avid Penfolds fans to bid on the largest collection of rare, collector wines from the prestigious Australian winery including special, early vintages from the 1950s and large-format bottles.
Notably, the auction will feature a bottle of the very first vintage of Penfolds’ flagship wine the Penfolds
In addition to the Bin 1, the auction also features one of the world’s very few full Bin Grange Sets from 1951 to 2018, which was last seen up for bidding at the 2022 Penfolds Rewards of Patience Auction going for a record-price of $430,000.
The Penfolds Rewards of Patience auction has been hosted by Langtons since 1996, with the auction’s name a nod to the seminal book Penfolds: The Rewards of Patience by Master of Wine Andrew Caillard.
“As the auction market begins to warm to an interest rate cut, it’s the wines of Penfolds, the most represented wine in the Langtons Classification, that savvy wine enthusiasts and investors are reaching for,” says Michael Anderson, Head of Auctions and Wine Consignment at Langtons.
“This may be one the last chances to bid on a complete set of Penfolds Grange. These unicorn pieces
become rarer each year as bottles fail, wines are consumed and verticals are split.
“This is an incredible version of a Penfolds Grange Set - one of the finest we have seen.”
Other highlights in the Penfolds Rewards of Patience Auction include a g-series set of the g3, g4 and g5
bottles and early vintages of the Penfolds Grange from 1955.
The auction will be a chance for avid Penfolds fans to bid on the largest collection of rare, collector wines from the prestigious Australian winery including special, early vintages from the 1950s and large-format bottles.
Notably, the auction will feature a bottle of the very first vintage of Penfolds’ flagship wine the Penfolds
In addition to the Bin 1, the auction also features one of the world’s very few full Bin Grange Sets from 1951 to 2018, which was last seen up for bidding at the 2022 Penfolds Rewards of Patience Auction going for a record-price of $430,000.
The Penfolds Rewards of Patience auction has been hosted by Langtons since 1996, with the auction’s name a nod to the seminal book Penfolds: The Rewards of Patience by Master of Wine Andrew Caillard.
“As the auction market begins to warm to an interest rate cut, it’s the wines of Penfolds, the most represented wine in the Langtons Classification, that savvy wine enthusiasts and investors are reaching for,” says Michael Anderson, Head of Auctions and Wine Consignment at Langtons.
“This may be one the last chances to bid on a complete set of Penfolds Grange. These unicorn pieces
become rarer each year as bottles fail, wines are consumed and verticals are split.
“This is an incredible version of a Penfolds Grange Set - one of the finest we have seen.”
Other highlights in the Penfolds Rewards of Patience Auction include a g-series set of the g3, g4 and g5
bottles and early vintages of the Penfolds Grange from 1955.