Grange set - dodgy?

[crusty2]

Having a look through the Grange set https://www.duplessis.com.au/LotDetails.aspx ... n=2&pgs=50
and noticed a 1972 with a "white dot". So the set includes rejected wines from a recorking clinic
Hmnn

[George Krashos]

Well, they said full set, not good set. The purchaser won't be drinking them anyway.

-- George Krashos

[n4sir]

Having a look through the Grange set https://www.duplessis.com.au/LotDetails.aspx ... n=2&pgs=50
and noticed a 1972 with a "white dot". So the set includes rejected wines from a recorking clinic
Hmnn

The 1972 wouldn't be too hard to replace, but there are also no individual pics of some of the bottles from the '50s... buyer beware indeed.

[phillisc]

As I said in another thread seems weird that two sets in little ol' Adelaide turn up in 3 months at the same auction house...things come in three's??

Perhaps in a global world location doesn't matter, but would have thought eastern seaboard would realise a higher price

Anyway The Tiser will be all over it next Monday.

Cheers
Craig

[sjw_11]

Having a look through the Grange set https://www.duplessis.com.au/LotDetails.aspx ... n=2&pgs=50
and noticed a 1972 with a "white dot". So the set includes rejected wines from a recorking clinic
Hmnn

The 1972 wouldn't be too hard to replace, but there are also no individual pics of some of the bottles from the '50s... buyer beware indeed.

Interesting...

So if you were the cellar (edit, Freudian slip: seller), and this is the only wine which failed a re-corking clinic... wouldn't you replace the 1972 yourself to help get a maximum price for the collective set??

Or, the cynic in me wonders, if you were trying to do something dodgy, wouldn't you leave in a failed wine to provide a show to the market that this must be legitimate because who would fake a failed wine??

Still, it would be hard to fake so many exotic early vintages, almost all of which seem to have purportedly passed a re-corking clinic... Someone is bound to check carefully all the small details and compare with any records Penfolds kept of the bottles seen at their clinics?

[crusty2]

Still, it would be hard to fake so many exotic early vintages, almost all of which seem to have purportedly passed a re-corking clinic... Someone is bound to check carefully all the small details and compare with any records Penfolds kept of the bottles seen at their clinics?

I am not so sure that TWE has established a workable database of clinic, recorked or not, bottles so as to trace the ownership of individual bottles, despite cliniced bottles, in recent times, having a unique indentifier.
If TWE had such a database then those with special bottles could possibly expect a phone call to fill in gaps in the next "Rewards of Patience" lineups. Does not happen. TWE seems to rely on the Auction system to fill in the gaps, despite provenance doubts.
I am aware of 3 complete sets, in private ownership here in Adelaide, and another in Queensland.
I would suspect some people with gap fillers would willingly trade old for new or even a seat at the ROP tastings, I know I would.
cheers

[sjw_11]

Still, it would be hard to fake so many exotic early vintages, almost all of which seem to have purportedly passed a re-corking clinic... Someone is bound to check carefully all the small details and compare with any records Penfolds kept of the bottles seen at their clinics?

I am not so sure that TWE has established a workable database of clinic, recorked or not, bottles so as to trace the ownership of individual bottles, despite cliniced bottles, in recent times, having a unique indentifier.
If TWE had such a database then those with special bottles could possibly expect a phone call to fill in gaps in the next "Rewards of Patience" lineups. Does not happen. TWE seems to rely on the Auction system to fill in the gaps, despite provenance doubts.
I am aware of 3 complete sets, in private ownership here in Adelaide, and another in Queensland.
I would suspect some people with gap fillers would willingly trade old for new or even a seat at the ROP tastings, I know I would.
cheers

I guess I was thinking they might remember or make a note of at least the very rare bottles they see e.g. 1953 etc?? Your right maybe I am making too big an assumption

[crusty2]

$294,320
http://www.adelaidenow.com.au/thesourcesa/l ... 1511730942

wow.

[michel]

$294,320
http://www.adelaidenow.com.au/thesourcesa/l ... 1511730942

wow.

Link doesn’t work for me Crusty

[crusty2]

another link
https://au.news.yahoo.com/video/watch/380136 ... ord-price/

[phillisc]

another link
https://au.news.yahoo.com/video/watch/380136 ... ord-price/

Gee I am ahead of the game
And channel 7 too...very very very slow news day in little ol' Adelaide.

Cheers
Craig

[asajoseph]

What was the sale price? Link doesn't work for me in the office.

Anyway, a complete vertical went on sale here in London for £1.2m (about $2.1m) a few years ago, spanning 1951 to 2007 (then the latest release), with each bottle signed by the winemaker at the time. Not only did you get the vertical, you got an assortment of other Penfolds wine in magnum, £50k towards future Penfolds purchases, and 10 years' worth of additional wine, plus flights to Adelaide & a tour / tasting at Magill estate.

I have no idea if anyone bought it!

[phillisc]

So about $1.75 Million overpriced then?

Cheers Craig

[Mahmoud Ali]

Maybe, if you're talking about wine Craig. However I think we're looking at installation art here, meant to be bought, sold, and on display. The auctioneers said as much when he told the interviewer that the wines were not likely to be drunk.

Mahmoud.