Penfolds, Grange, South Australia 1997 sold at auction 54 times in the last five years, at a median of $375 per 750ml; half of those sales fell between $338 and $437. The most recent sale was on September 14, 2026. The lowest retail price today is $382, across 20 retail offers.
Auction median, last 5 yrs
$375
54 sales · $338–437 middle half
Lowest retail now
$382
20 retail offers
Last auction sale
Sep 14
2026
Critic scores
94
Wine Advocate
92
Wine Spectator
90
Wine Enthusiast
Penfolds, Grange, South Australia, neighbouring vintages
Live auction lots for 1997 (1)
$325per 750ml incl. premium15% below retail
Zcollections New York October 13 26
1997 · Lot 1925
Wine facts
- Country
- Australia
- Region
- South Australia
- Type
- Red
See retail offers and the full price history
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Most traded in South Australia
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- Mitolo, G.A.M. Shiraz, McLaren Valeavg $42 · 74 sales
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