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Remarkably small amounts of the release have been shown around the world markets, but this did not quell the price war of earlier this month in Australia when it was first released, between Costco and its competators, with the Costco price being a reported A$489.99 per bottle - significantly lower than the recommended retail price tag of A$625.
Dan Murphys then entered the scrum and dropped it to A$479.99 on May 3, 2012 - reports the Sydney Morning Herald.
I doubt that there will be an ocean of the wine at this price point indefinitely, but we have secured limited quantities of it for S$599 - an Australian dollar equivalent of A$477 - if that helps ease the pain ...
Turning to the real issue - namely the quality of this vintage, none of the usual gurus have published anything yet, but this is what Philip White says about it last week and I reckon he has summed it up perfectly:
"This is a Grange. There’s no doubt about that. It has all the fractal chaos of any baby Grange. It has the tar and the boilerstoker’s apron; the fig and quince and syrupy black cherry liqueur; it has panforte and dates and over-ripe persimmon and tamarillo. It has black Iberian ham and the balsamico; it has the glowering warmth and the soul and the enveloping reassurance that dear Max likened to a mother. It has the faint swarfy whiff of Max’s father’s smithy, and if in this its infancy a wine could have a sound this one would ring like a forge, especially if it were under screwcap. It’ll live for decades if you’re lucky with the cork, and it will always be a properly luxurious delight. It is an exceptional wine. But it’s not a great vintage. Simple as that. Not even Penfolds can fix the weather."
The Offer:
Penfolds Grange 2007 (750ml) 14.5%
10 Dozen Only
S$599 net
Available in OWC cases of six if you wish. Delivery in July
Also Available:
Penfolds Grange 2006 - 12 bottles - S$540 net Penfolds Grange 1997 - 12 Bottles - S$350 net
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