Current and historical values paid at auction for Penfolds Grange in Australia as at April 223
If you would like us to value your bottle for auction, consignment or outright purchase, we can do a complimentary valuation on our sell my bottle page.
SellMyBottle Grange Sales Service
Penfolds Grange, also labeled as Penfolds Grange Hermitage until the 1989 vintage, is one of Australia’s most valuable wines and its price can vary depending on the vintage date, the bin number, the condition of the bottle and how well the bottle has been stored.
At SellMyBottle we have tried to help our client by reviewing the prices of Penfold Grange as it trades at auction houses around Australia. The bottle changes hands frequently and the prices can change over time according to prevailing market conditions, and whether or not the bottle is sold retail, wholesale or at auction.
Warning to Owners About the Price of Penfolds Grange
Grange sells for a very different value at auction (the secondary market) compared to retail (all wine is valued differently at auction) and, unless you are a retailer with all the associated overheads, you cannot expect to buy and sell at the same price point. When it comes time to sell your Grange the only available market for a private seller is via auction and therefore retail and other prices that can often be quoted in the media are exaggerations of the real value.
Auction alerts are a great way to keep track of the latest prices being paid for Grange on the secondary market.
| Penfolds Release | Vintage | Low or Average Market Price | Sell MyBottle High Price | Notes |
|---|---|---|---|---|
| Penfolds Bin 95 Grange Shiraz (2018 Release) | 2014 | $520 | $900 | |
| Penfolds Bin 95 Grange Shiraz (2017 Release) | 2013 | $550 | $700 | Released in October 2017. |
| Penfolds Bin 95 Grange Shiraz (2016 Release) | 2012 | $550 | $600 | Released in October 2016. |
| Penfolds Bin 95 Grange Shiraz (October 2015 Release) | 2011 | $530 | $600 | Released Oct 2015. |
| Penfolds Bin 95 Grange Shiraz (October 2014 Release) | 2010 | $585 | $600 | Released in October 2014. This is the first time that Grange has been released at this time of year. |
| Penfolds Bin 95 Grange Shiraz (May 2014 Release) | 2009 | $500 | $600 | Released in May 2014. |
| Penfolds Bin 95 Grange Shiraz | 2008 | $600 | $700 | Released on May the 2nd 2013. |
| Penfolds Bin 95 Grange Shiraz | 2007 | $400 | $510 | This was released on the 3rd of May 2012. |
| Penfolds Bin 95 Grange Shiraz | 2006 | $500 | $600 | Retail release price around $599 |
| Penfolds Bin 95 Grange Shiraz | 2005 | $400 | $460 | |
| Penfolds Bin 95 Grange Shiraz | 2004 | $440 | $470 | |
| Penfolds Bin 95 Grange Shiraz | 2003 | $375 | $440 | |
| Penfolds Bin 95 Grange Shiraz | 2002 | $390 | $480 | Retail release price around $500 |
| Penfolds Bin 95 Grange Shiraz | 2001 | $365 | $460 | |
| Penfolds Bin 95 Grange Shiraz | 2000 | $390 | $440 | |
| Penfolds Bin 95 Grange Shiraz | 1999 | $375 | $450 | |
| Penfolds Bin 95 Grange Shiraz | 1998 | $510 | $600 | |
| Penfolds Bin 95 Grange Shiraz | 1997 | $335 | $390 | |
| Penfolds Bin 95 Grange Shiraz | 1996 | $450 | $610 | |
| Penfolds Bin 95 Grange Shiraz | 1995 | $340 | $390 | |
| Penfolds Bin 95 Grange Shiraz | 1994 | $375 | $410 | Laser etching of the bottles introduced. |
| Penfolds Bin 95 Grange Shiraz | 1993 | $370 | $410 | |
| Penfolds Bin 95 Grange Shiraz | 1992 | $350 | $440 | |
| Penfolds Bin 95 Grange Shiraz | 1991 | $445 | $540 | Release price around $140 |
| Penfolds Bin 95 Grange Shiraz | 1990 | $515 | $600 | Retail release price at $130 – $140. |
| Penfolds Bin 95 Grange Hermitage | 1989 | $400 | $450 | Release price $110 |
| Penfolds Bin 95 Grange Hermitage | 1988 | $400 | $450 | |
| Penfolds Bin 95 Grange Hermitage | 1987 | $400 | $450 | |
| Penfolds Bin 95 Grange Hermitage | 1986 | $600 | $900 | Retail release price around $85. |
| Penfolds Bin 95 Grange Hermitage | 1985 | $350 | $720 | |
| Penfolds Bin 95 Grange Hermitage | 1984 | $340 | $780 | |
| Penfolds Bin 95 Grange Hermitage | 1983 | $390 | $600 | Retail release price around $50 – $60 |
| Penfolds Bin 95 Grange Hermitage | 1982 | $330 | $1100 | |
| Penfolds Bin 95 Grange Hermitage | 1981 | $360 | $1150 | |
| Penfolds Bin 95 Grange Hermitage | 1980 | $335 | $1200 | |
| Penfolds Bin 95 Grange Hermitage | 1979 | $350 | $1240 | The last vintage to use the white foil capsules |
| Penfolds Bin 95 Grange Hermitage | 1978 | $340 | $1150 | Release price around $27.50 |
| Penfolds Bin 95 Grange Hermitage | 1977 | $350 | $1300 | |
| Penfolds Bin 95 Grange Hermitage | 1976 | $800 | $1560 | The first Australian wine to be released over $20. |
| Penfolds Bin 95 Grange Hermitage | 1975 | $410 | $1600 | Retail price around $15 |
| Penfolds Bin 95 Grange Hermitage | 1974 | $450 | $1500 | Retail price around $13 |
| Penfolds Bin 95 Grange Hermitage | 1973 | $320 | $1450 | Retail price around $12 |
| Penfolds Bin 95 Grange Hermitage | 1972 | $385 | $1450 | Release price around $12 |
| Penfolds Bin 95 Grange Hermitage | 1971 | $700 | $8100 | Retail release price around $10 and considered by many experts to be the best Grange vintage released |
| Penfolds Bin 95 Grange Hermitage | 1970 | $350 | $2300 | Bin numbering for Grange was standardised with the 1970 vintage. |
| Penfolds Bin 95 Grange Hermitage | 1969 | $500 | $2700 | |
| Penfolds Bin 95 Grange Hermitage | 1968 | $550 | $3700 | |
| Penfolds Bin 95 Grange Hermitage | 1967 | $610 | $4000 | |
| Penfolds Bin 95 Grange Hermitage | 1966 | $1,000 | $4300 | |
| Penfolds Bin 95 Grange Hermitage | 1965 | $540 | $680 | |
| Penfolds Bin 95 Grange Hermitage | 1964 | $1,200 | $2700 | |
| Penfolds Bin 65 Grange Hermitage | 1963 | $1,400 | $3500 | |
| Penfolds Bin 95 Grange Hermitage | 1963 | $1,200 | $12500 | |
| Penfolds Bin 95 Grange Hermitage | 1962 | $1,650 | $5800 | |
| Penfolds Bin 95 Grange Hermitage | 1961 | $1,600 | $13000 | |
| Penfolds Bin 395 Grange Hermitage | 1961 | $700 | $19000 | |
| Penfolds Bin 95 Grange Hermitage | 1960 | $1,400 | $18000 | Retail price of approx. $1.75 |
| Penfolds Bin 46 Grange Hermitage | 1960 | $800 | $20100 | |
| Penfolds Bin 49 Grange Hermitage | 1960 | $1200 | $22000 | Grange production officially resumes. |
| Penfolds Bin 95 Grange Hermitage | 1959 | $1,700 | $24000 | |
| Penfolds Bin 46 Grange Hermitage | 1959 | $2000 | $31000 | Last of the 3 hidden granges |
| Penfolds Bin 49 Grange Hermitage | 1959 | $2000 | $12600 | |
| Penfolds Bin 95 Grange Hermitage | 1958 | $3900 | $14000 | |
| Penfolds Bin 46 Grange Hermitage | 1958 | $14,000 | $18000 | Second of the hidden Granges |
| Penfolds Bin 47 Grange Hermitage | 1958 | $10,000 | $16000 | |
| Penfolds Bin 50 Grange Hermitage | 1957 | $12,000 | $16,000 | |
| Penfolds Bin 113 Grange Hermitage | 1957 | $8000 | $30000 | First of the hidden, secretly produced Granges |
| Penfolds Bin 53 Grange Hermitage | 1956 | $15000 | $17000 | |
| Penfolds Bin 14 Grange Hermitage | 1956 | $8000 | $20100 | |
| Penfolds Bin 14 Grange Hermitage | 1955 | $2400 | $33000 | One of the most highly decorated of all Granges which eventually vindicated Max Schubert. |
| Penfolds Bin 95 Grange Hermitage | 1955 | $3000 | $4,000 | |
| Penfolds Bin 148A Grange Hermitage | 1955 | $2000 | $12,000 | |
| Penfolds Bin 13 Grange Hermitage | 1955 | $1800 | $12500 | |
| Penfolds Bin 12 Grange Hermitage | 1954 | $14000 | $18000 | |
| Penfolds Bin 11 Grange Hermitage | 1954 | $9500 | $122000 | Approx. 9 months in oak. |
| Penfolds Bin 145 Grange Hermitage Cabernet | 1953 | $15200 | $16900 | |
| Penfolds Bin 9 Grange Cabernet | 1953 | $12000 | $14000 | |
| Penfolds Bin 86C Grange Hermitage | 1953 | $15000 | $20000 | |
| Penfolds Bin 10 Grange Hermitage | 1953 | $12000 | $14000 | |
| Penfolds Bin 2 Grange Hermitage | 1953 | $13000 | $15000 | First vintage to use grapes from the Kalimna vineyard. |
| Penfolds Bin 4 Grange Hermitage | 1952 | $16000 | $21000 | |
| Penfolds Bin 1 Grange Hermitage | 1952 | $16500 | $16600 | First commercial release. Retail release price less than $1 |
| Penfolds Bin 1 Grange Hermitage | 1951 | $38000 | $60000 | First Vintage. An experimental wine that was not commercially released. Only 160 cases were made. |
Values have been aggregated from national secondary market data for Australia publicly available on the internet.
Notes on pricing and valuations
Low Price Range
The low value is designed to be an indicative price of low sales prices noted at public auction sales around the country and may not be a fair representation of the current value of the bottle. All prices are for bottles with little damage or ullage. Well stored bottles with a documented purchase and storage history will always attract the best prices.
High Price
The high price column features the highest bottle sale price either recorded by SellMyBottle of based on sales data. These bottles are often in superb condition having been properly cellared for the life of the bottle. Labels are in top condition and some come in boxes or special release packaging.