A rare Penfolds Grange wine collection – curated by a former Penfolds employee – has been put up for auction.
Featuring 60 bottles dating from 1959-2018, the collection is expected to sell for six figures.
It took the vendor more than 30 years to accumulate.
“We haven’t seen a wine collection as complete and pristine and as carefully looked after as this collection and it is attracting international attention,” says Lee Hames, chief operations officer for Lloyds Auctions.
“This is one for the ages and collections don’t come along like this very often.
“In fact I haven’t seen one worldwide, so this is a great opportunity for anyone who is looking to start investing in wine.”
According to Knight Frank’s 2023 Wealth Report, wine is considered to be in the top three passion investments in the world, seeing a 162 percent increase in price over the last decade.
Among the 60 bottles in the collection, the 1990 vintage had an immediate and dramatic impact on the international market.
Wine Spectator named it Wine of the Year – a first for a wine from outside France or California.
“Another significant bottle is the 1959, which kicks off the collection, and could fetch five figures come auction day,” says Hames.
Every bottle in the collection is presented in its original box.
Some bottles are signed by former Penfolds Grange winemaker John Duval.
The collection has been stored in a climate-controlled cellar and checked at the Grange clinic by former Penfolds winemakers.
You can view the collection here.
For more information visit www.lloydsauctions.com.au