Langton’s expects to break a number of world fine wine records at its exclusive live auction event in Sydney on Thursday 6 October,
The coveted lots include a Penfolds Barn Hermitage Bin 1 Shiraz 1951, the first vintage ever made from Australia’s most famous wine. In December 2021, a bottle of the rare vintage went under the hammer at an online Langton auction for $157,624*, making it the most expensive bottle of Australian wine ever sold.
“Penfolds Grange is liquid gold in a bottle, and as early vintages become rarer to find, we will continue to see demand increase. We expect this bottle to fetch between $140,000 and $160,000, which means she could break the existing world record,” said Langton general manager Tamara Grischy.
In total, participants will have the opportunity to lift a paddle from 35 lots, including an extremely rare bottling of 1953 Penfolds Bin 86C ($28,000 – $35,000), Penfold G Series – g3, g4, g5 – Shiraz MV – three bottles together ($20,000 – $30,000), one Armand Rousseau-Chambertin Collection (2005, 2009, 2015 – est. $25,000 – $30,000) and 2012 Domaine G Roumier Grand Cru, Musigny ($20,000 – $25,000).
“Very old Australian and international fine wines, at least 30 years old, are in high demand as the number of bottles available continues to decline. Additionally, vertical vintage sets from well-known classic producers are receiving extraordinary demand as these offerings are very limited and difficult to access, which means this could be a night where many records are broken,” explained Grischy.
Langton’s will hold its first live auction at Sydney’s Australian Technology Park’s Eveleigh, where guests can enjoy a decadent three-course meal with premium wines paired with top brands such as Penfolds, Wynns and Bollinger .
The 200 tickets for the evening are already sold out, but wine collectors around the world can participate in the auction by telephone.
It is estimated that there are around 40 bottles of the first vintage of Penfolds Grange. This includes approximately 30 bottles which are part of complete Penfolds Grange sets, which include all Penfolds Grange vintages from 1951 to the present day.
To learn more about the auction and all the lots, and to register to be able to bid by phone during the live auction, go to langtons.com.au
* All prices quoted in this press release include the buyer’s premium, which is 16.5% including GST and is paid in addition to the hammer price.