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Penfolds Red Wine Clinic - Effect on Auction Prices

Posted: Sun Dec 29, 2019 11:06 am
by Chuck
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

Re: Penfolds Red Wine Clinic - Effect on Auction Prices

Posted: Sun Dec 29, 2019 11:50 am
by JamieBahrain
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.

Re: Penfolds Red Wine Clinic - Effect on Auction Prices

Posted: Sun Dec 29, 2019 9:04 pm
by Diddy
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

Posted: Mon Dec 30, 2019 10:35 am
by Chuck
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.
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.

Carl

Re: Penfolds Red Wine Clinic - Effect on Auction Prices

Posted: Mon Dec 30, 2019 1:13 pm
by Rossco
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.