Penfolds, Grange, South Australia 1998 sold at auction 122 times in the last five years, at a median of $470 per 750ml; half of those sales fell between $425 and $533. The most recent sale was on October 26, 2026. The lowest retail price today is $463, across 31 retail offers.
Auction median, last 5 yrs
$470
122 sales · $425–533 middle half
Lowest retail now
$463
31 retail offers
Last auction sale
Oct 26
2026
Critic scores
99
Wine Advocate
97
Wine Spectator
94
James Suckling
95
Wine Enthusiast
Penfolds, Grange, South Australia, neighbouring vintages
Live auction lots for 1998 (1)
$417per 750ml incl. premium10% below retail
The Dolce Vita Collection The Imperial Collection Selections Fine Rare Wines De October 29 30
1998 · Lot 2139 · Qty 6
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
- Torbreck, RunRig, Barossa Valleyavg $152 · 170 sales
- Clarendon Hills, Astralis, South Australiaavg $167 · 168 sales
- d'Arenberg, The Dead Arm Shiraz, McLaren Valeavg $60 · 147 sales
- Ben Glaetzer, Amon Ra, Barossa Valleyavg $66 · 143 sales
- Henschke, Hill of Grace Vineyard, Eden Valleyavg $523 · 122 sales
- Hundred Acre, Ancient Way Vineyard Summer's Blocks, Barossa Valleyavg $206 · 115 sales
- Mollydooker, Carnival Of Love Shiraz, McLaren Valeavg $80 · 92 sales
- Clarendon Hills, Piggott Range Syrah, South Australiaavg $63 · 83 sales
- Two Hands, Lily's Garden Shiraz, McLaren Valeavg $29 · 82 sales
- Mitolo, G.A.M. Shiraz, McLaren Valeavg $42 · 74 sales
About Penfolds
Penfolds, Treasury Wine Estates' South Australian house, blends across vineyards and regions toward a house style of mid-palate richness, generous fruit and long ageing. Grange, the flagship, is ripe, intense Shiraz, partly barrel-fermented and aged 18–20 months in American oak. Bin 707 is a Cabernet Sauvignon in the house style, skipped when suitable fruit is lacking. RWT is a Barossa Valley Shiraz matured in French oak hogsheads, while St Henri, drawn mostly from cooler South Australian sites, ages in large old vats that add no oak flavour and gains texture over decades. Others include Bin 389 Cabernet-Shiraz ('baby Grange'), Bin 28 Kalimna, Bin 150 Marananga and single-vineyard Magill Estate Shiraz; Yattarna is a cool-climate Chardonnay.
- Region
- South Australia (Barossa Valley, Eden Valley, Coonawarra, McLaren Vale, Magill)
- Owner
- Treasury Wine Estates
- Vineyards
- Magill Estate (5.34 ha, Shiraz), Kalimna, Koonunga Hill, Waltons, Stonewell, Woodbury, plus McLaren Vale and Coonawarra sites
- Grapes
- Shiraz, Cabernet Sauvignon, Chardonnay, Grenache, Mataro
- Wines
- Grange; Yattarna; Bin 707; RWT; St Henri; Magill Estate; Bin 389; Bin 407; Bin 28 Kalimna; Bin 150 Marananga; Bin 169
- Style
- House style of mid-palate richness, fruit generosity and ageability; multi-region blending
- Website
- penfolds.com
Sources: penfolds.com, winespectator.com, Wikipedia, tysonstelzer.com