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Barossa Vintage Auction will set Australian Shiraz benchmark
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The biennial Barossa Vintage Festival Wine Auction, to be held next April, will be watched eagerly by collectors around the world, not only as a benchmark of the current value of Australian super-premium Shiraz but as an opportunity to invest in blue-chip wine stock.
“With other investments looking less secure in recent months and the world banking system in turmoil, there has probably never been a better time to invest in liquid assets,” auction spokesperson Barbara Storey said. “During the late 1990s and early 2000s the auction frequently smashed world records for iconic wines such as Penfolds Grange and Henschke Hill of Grace and next year’s event is expected to continue that tradition.”
In one of the most prestigious catalogues of Barossa wines assembled in more than a decade, Imperials of 2004 Penfolds Grange and 2004 Hill of Grace will go head to head under the hammer, along with a rare 1985 Penfolds Grange Imperial.
Cult Barossa Shiraz maker Chris Ringland will offer a 2003 Double Magnum of his Shiraz (the first ever large format wine by the Parker 100 point winner) and fellow Shiraz icon Torbreck will offer an Imperial of its 2005 RunRig Shiraz. Langmeil Wines, which is developing an international following due to its century old Barossa vineyards, will also break the volume barriers listing a massive 27 litre bottle of its rare 2006 Freedom Shiraz.
Other rare large format wines from leading producers include an Imperial of Peter Lehmann Wines 1996 Stonewell Shiraz and an Imperial of Rockford 1998 Basket Press Shiraz. A number of virtually unprocurable museum vertical collections will also be offered.
Ms Storey says that the 130-lot auction catalogue provides a diverse cross section of the best of the best of Australia’s most famous wine region. Other prominent wineries entering the catalogue include Grant Burge, Yalumba, Elderton, St Hallett, Bethany and Turkey Flat along with future collector labels such as John Duval, Kalleske and Rusden.
A very special lot will be two bottles of Seppeltsfield 100 Year Old Para Tawny drawn specially from the barrel to mark the Beijing Olympics. One from 1908 and the other from 1888, the wines were drawn and bottled on 08/08/08.
The Barossa Vintage Festival has been running continuously for more than 60 years and the auction, which relies on generous donations of wines from the personal museum cellars of local winemakers, raises funds for local marketing and wine education initiatives.