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An Aston Martin is parked outside, and inside, attendees sip Bollinger and throw back Pacific oysters at an invitation-only auction of fine wine.

A bottle of Penfolds Grange Hermitage Bin 1 Shiraz 1951 has set the record for the most expensive bottle of...

Rare ’51 Grange sets new world record at auction July 20th, 2021 A rare bottle of Penfolds Grange 1951, which was signed and recorked by Max Schubert, has gone under the hammer at a Langton’s auction for $142,131, breaking the previous record of $103,000. The world record bid for the wine marks it as the most expensive bottle of Australian wine ever sold, and at the price of $141K, makes it roughly worth more than $28K per glass. The bottle is one of the few rare examples in existence of the first vintage of Penfolds Grange ever made, and went under the hammer at the Langton’s Penfolds ...

Penfolds Grange 1951 bottle expected to smash world record price July 5th, 2021 Image: Max Schubert with Grange. A rare bottle of Penfolds Grange 1951 that is made even rarer having been signed and re-corked by hand by Chief Winemaker and creator of Penfolds Grange Max Schubert is expected to break the world record price if it sells at the online Langton’s Rewards of Patience auction this month. “This bottle is one of a kind in the world, and I’ve never seen anything like it in my more than 20 years in fine wine. We expect it to go under the hammer for around $120,000* if it sells,” s...

Millennials move in on wine auctions as China tariff opens door Jane Rocca Photo: Supplied For more than 55 years the biennial Barossa Wine Auction has lured those keen on rare and vintage wines from the prized region of South Australia. This year, however, all eyes are on new collectors – millennials aged in their mid-20s – who are taking over the once-strong Chinese market interest. The event now includes two live auctions – the first held in the Barossa on April 16 and a new ticketed event in Sydney on April 29. An online auction runs until early May, while a live stream in Hong K...