Week in Review 20-10-18
Saturday, October 20, 2018 in Review
This year, we’re celebrating 30 of Langton’s. Established is 1988, we released the first Classification of Australian Wine in 1990. Penfolds has to lead the line in each of the subsequent six Classifications and now boasts nine wines of the 136 great wines in the country, more so than any other.
Langton’s opened its doors at a time of new optimism for Australian wine and since then both, in parallel, Penfolds and Langton’s have grown year after year. Through consistent demand at our auctions, Penfolds have topped each Classification. In partnership, we also host the Penfolds Re-Corking Clinic, appraising and caring for your wines so whether you drink, collect or sell your Penfolds wines, they are always in the best condition. The relation between Penfolds and Langton’s is unique. Langton’s is an essential part of the Penfolds journey for Australia's most discerning collectors.
Penfolds Bin 707 Cabernet Sauvignon, South Australia 2016
For some this 707 has been the wine of the release. For others, it’s simply Cabernet Grange! Made like the Bin 95 except with Cabernet fruit and release two years earlier. On the palate, it doesn’t so much open up but roll opens the hangar door to a panoramic view of potential development. The drawback of this wine is the amount available. There’s enough to satisfy immediate pouring needs but for future this might be a rare (or expensive) find at auction.
Penfolds Bin 169 Cabernet Sauvignon, Coonawarra 2016
The 2016 Bin 169 Coonawarra Cabernet is like a subterranean earthquake – full enormous, elemental power rumbling beneath the surface. What a vintage? Full-bodied and gloriously unapologetic. Any of the elements might seem contrived or overwrought by themselves but together, there’s a swaggering confidence. And that same confidence can be found across the portfolio for that matter.
Penfolds RWT Shiraz, Barossa Valley 2016
At the in-house tasting at Langton’s HQ, the RWT was the of the 2018 release. For the majority of the experienced Penfolds tasters in the room, the RWT was as good as it's ever been, and for some, it was better than ever.
Penfolds Reserve Bin 17A Chardonnay, Adelaide Hills 2017
If RWT was a white wine, it would be Reserve Bin A. A single-varietal wine from the single region, born in the 90s when Penfolds began experimenting and growing its stable of wines. And today, like RWT, it has really come into its own. No longer in the shadow of the big reds, its also stepped out from behind Penfolds flagship white wine, the Yattarna Chardonnay. It’s simply wonderful.
Penfolds Auction – Call for Consignment
Last month we released the seventh edition of the Langton’s Classification of Australian Wine. 136 wines from 91 producers, all of them bought and sold frequently at auctions. We’re currently consigning stock for upcoming Penfolds auctions. Talk to our specialist auctions team today for advice and a free appraisal on your wines and what price they could fetch at a Langton’s auctions.
While you wait for your Penfolds to go under the hammer, check out our Weekend Unreserved. The Unreserved auction market has been a rollercoaster of late with some lots smashing estimates while others have been scooped up by very happy bargain hunters.
The Langton's Team