Penfolds, Bin 707 Cabernet Sauvignon, South Australia 1999 sold at auction 10 times in the last five years, at a median of $238 per 750ml; half of those sales fell between $191 and $250. The most recent sale was on December 13, 2024. The lowest retail price today is $192, across 15 retail offers.
Auction median, last 5 yrs
$238
10 sales · $191–250 middle half
Lowest retail now
$192
15 retail offers
Last auction sale
Dec 13
2024
Critic scores
93
Wine Enthusiast
Penfolds, Bin 707 Cabernet Sauvignon, South Australia, neighbouring vintages
Wine facts
- Country
- Australia
- Region
- South Australia
- Type
- Red
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Most traded in South Australia
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About Penfolds
Penfolds was founded at Magill, near Adelaide, in 1844 by English physician Christopher Rawson Penfold and his wife Mary, who planted vine cuttings around their cottage, The Grange, and first made fortified wines as tonics for his patients. After Christopher died in 1870 Mary ran the winery, blending the wines herself, until she retired in 1884. By 1903 it was the Adelaide region's largest winery. After the Second World War chief winemaker Max Schubert, backed by chair Gladys Penfold Hyland, developed Grange Hermitage, later simply Grange; the Bin 389, 707, 28 and 128 reds followed in the 1960s. Family control ended in 1976, and Treasury Wine Estates now owns it.
- Appellation
- South Australia
- Owner
- Treasury Wine Estates
- Founded
- 1844
- Grapes
- Shiraz, Cabernet Sauvignon, Chardonnay, Riesling
- Wines
- Grange
- Website
- penfolds.com
Sources: Wikipedia