News By Tag
News By Location
Cult Wines Australia accesses a limited supply of 100 point Penfolds Grange 2010
Cult Wines Australia the fine wine investment specialists based in Melbourne are predicting excellent demand for the newly released Penfolds Grange 2010.
Cult Wines is pleased to offer its clients access to the highly acclaimed 2010 Grange, Australia’s most collectible and recognized wines
The current price of A$3,565 for a case of 6 on the Penfolds Grange 2010 represents excellent value. With demand strong for high scoring Grange it is expected key vintages such as the 2010 to be strong market performers.
James Suckling, one the world’s best known wine critics awarded the 2010 Penfolds Grange a perfect 100 points. He gave the following tasting notes – The 2010 Grange arrives with much expectation and does not disappoint. This is a powerhouse, structurally superior to both the 2009 and 2008 vintages and breathtakingly dense, long and precise. The nose has cola, blackberry, vanillin, hard brown spices of all kinds, coal smoke, meaty charcuterie elements and a strong tarry, savoury note that speaks of the 85% Barossa Valley componentry. The palate has super deep tannins that fan out through flavoursome black fruits. These are purposeful tannins; they bristle on the palate, tantalizing and assertive yet playful, strong not aggressive. The power here is the thing; this has mouth-coating density and terrific drive, so tightly coiled, it gives enough away to suggest a very, very long cellaring wine is here. This is a classic Grange that will please the serious collectors. A wine of genuine pedigree. Better in 2026.
The 2010 vintage for Grange is an indispensable addition to a wine portfolio, given the global output of the brand and the long term benchmark vintages. Grange has been a standout performer against the wider market, the index of its last 10 vintages climbed 65% over a 5 year period at the end of 2013. With growth of 50-100% anticipated over the next 5 – 10 years, we would encourage all existing clients to consider allocating at least 1 case at this first tranche release.
Cult Wines Director Harley Salt explains further “Entering into any investment market for the first time can be a little daunting without expert help. Here at Cult Wines we like to draw on many years of fine wine and investment experience to ensure a successful wine portfolio. We strongly believe that our Australian clients will see the excellent value and strong growth prospects the 2010 Grange offers. It is over 15% more affordable than the similarly rated 2008 Grange and at just A$3,565.00 per 6 bottle case inclusive of all fees, bonded storage and insurance we see this as a great entry level investment opportunity for those new to wine investing”.
For more information on Cult Wines and the 2010 Penfolds Grange please visit www.au.wineinvestment.com