A Set of Penfolds Grange Breaks a World Record Selling for $372,800

We’ve all spent a little too much on a couple bottles of red, but we’d be seriously surprised if any of you have spent quite this much.

Earlier this week, a mystery Australian collector broke the world record with the purchase of an extremely rare set of Penfolds Grange. Selling at the Langton’s Rewards of Patience Auction for a staggering $372,800, this sixty-five bottle set includes a Penfolds Grange from every vintage between 1951 and 2015. For fans of the illustrious winemaker, this is a near-complete set including a bottle of the first-ever vintage of Penfolds Grange from 1951.

For those wondering, the previous record was set was for a Penfolds Grange set from 1951 to 2014 which sold for $349,500. “We’ve seen fewer and fewer of Penfolds Grange sets on the markets, and the collectors are certainly looking for them, so watch this space,” said Jeremy Parham, General Manager of the Langton’s auction house. “Every set is unique and has its own unique value depending on its condition and provenance. This was a superset that was in perfect condition, so I’m not surprised about the result.”

Funnily enough, this wasn’t the only record broken at the auction on Monday evening. Two rare bottles of the first-ever vintage of Penfolds Grange from 1951 sold for over $81,000 a pop, which is also a hair more expensive than the previous record holder.

I don’t know about you, but I’ll be sticking with my cheap and cheerful reds this holiday season.

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