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Barossa vintage auction breaks record in the face of economic downturn
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The 2009 Rare & Distinguished Barossa Wine Auction was eagerly anticipated, with organisers concerned that the current world economic situation would keep people from bidding. However this proved not to be the case with the Auction breaking all previous records. At the last fall of the hammer, the amount paid for lots totalled AUD$245,266.
The 2004 Penfolds Grange Imperial fetched AUD$30,000 while other lots also fared extremely well, with 6L bottles of Henschke 2004 Hill of Grace and Rockford 1998 Basket Press Shiraz sold for $5000. A 27L bottle of Langmeil Freedom Shiraz reached $10,500 and the only Chris Ringland Shiraz to be offered as a double magnum finished at $4500. In the single 750ml bottles, the prize went to Penfolds 1962 Bin60A at $4000.
The auction began with vigorous bidding from the very first lot and continued strongly throughout. Single bottles, verticals, magnums and specialty lots all were strong, with verticals of Riesling and Semillon surprisingly sought after.
A single bottle of Penfolds 1976 Koonunga Hill reached $340, a remarkable figure for a wine that sold for only a few dollars when it was released.
“This was one of the most prestigious catalogues of Barossa wines ever assembled, showing the diversity of styles and varieties that the region does so well,” said Allister Ashmead, convenor of the Auction Committee.
“The support from our winemakers was fantastic and they were there in force, in some cases outbidding each other for rare lots.”
The proceeds of the 2009 Rare & Distinguished Barossa Wine Auction go towards ensuring that the Vintage Festival continues to be an event that benefits the entire Barossa community. Attended by 450 people this year, the Auction follows in the Festival tradition began by Peter Lehmann in 1965. Forty four later, the Barossa Auction once again proved its worth. From wine lovers to history buffs, from novice wine drinkers to seasoned collectors, the Auction had something for everyone.