A number of years ago someone said having a wine pass through the PRWC would detract from the wine's value as it would be topped up with a random recent vintage wine. So I was a little concerned when I put 2 Penfolds Bin 90As to auction recently (Langtons). One had passed the PRWC in 2010 and the other was in fact a generous replacement bottle from the Penfolds cellar after the other bottle failed miserably- it was horribly corked as N4Sir will attest to.
To my surprise the PRWC bottle sailed through auction at the $380 reserve however the other bottle is still stuck unloved well below the reserve.
What are other similar experiences with the PRWC wines at auction?
Also if anyone is interested in the remaining bottle that has been in my underground cellar since 2010 (from 1995 to 2010 in the Magill Estate cellar) send me a PM and I can reveal the lot number.
Carl
Penfolds Red Wine Clinic - Effect on Auction Prices
Penfolds Red Wine Clinic - Effect on Auction Prices
Your worst game of golf is better than your best day at work
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JamieBahrain
- Posts: 3754
- Joined: Sat Aug 16, 2003 7:40 am
- Location: Fragrant Harbour.
Re: Penfolds Red Wine Clinic - Effect on Auction Prices
I was happy to buy a recently PRWC 80's Grange for a vertical. However, this was more of a curio to show tasters and explain the clinic system. The added bonus being the wine's provenance.
"Barolo is Barolo, you can't describe it, just as you can't describe Picasso"
Teobaldo Cappellano
Teobaldo Cappellano
Re: Penfolds Red Wine Clinic - Effect on Auction Prices
I would have thought the wine being opened and tasted by a Penfolds winemaker would serve as a fairly invaluable data point as to the wine's condition whereas the non-PRWC bottle still has the inherent risk of being a dud - despite how well cellared it may have been.
Re: Penfolds Red Wine Clinic - Effect on Auction Prices
That's what I would have thought and confirmed by the auction price. Other Bin 90As not through PRWC are still languishing unloved at auction including mine.Diddy wrote:I would have thought the wine being opened and tasted by a Penfolds winemaker would serve as a fairly invaluable data point as to the wine's condition whereas the non-PRWC bottle still has the inherent risk of being a dud - despite how well cellared it may have been.
Carl
Your worst game of golf is better than your best day at work
Re: Penfolds Red Wine Clinic - Effect on Auction Prices
Diddy wrote:I would have thought the wine being opened and tasted by a Penfolds winemaker would serve as a fairly invaluable data point as to the wine's condition whereas the non-PRWC bottle still has the inherent risk of being a dud - despite how well cellared it may have been.
100% where I am as well. I would take a Wine Clinic bottle over a non certified bottle every day of the week.