- Penfolds Bin 169 has been released for £1,500 per 12×75.
- The Wine Advocate gave the wine a score of 97+ points.
- There is value in the new release.
Penfolds Bin 169 Coonawarra Cabernet Sauvignon 2019 has been released through La Place de Bordeaux.
The wine is being offered internationally for £1,500 per case of 12×75. The new release offers value. See more pricing analysis below.
Critical response
Erin Larkin (The Wine Advocate) gave the 2019 a score of 97+ points. She said it was ‘aromatically reticent’ but with a power in the mouth that was ‘unassailable’. She added it was ‘pure, but far too young right now’.
Josh Raynolds, writing for Vinous, gave it 95-points and Lisa Perrotti-Brown MW (The Wine Independent) scored it 93-points.
Fair Value
The new release compares favourably with the limited number of back vintages currently in the market.
The 2018 vintage is available for marginally less (£1,450 per 12×75) but it has a lower Wine Advocate score of 96-points.
By comparison, the equally-scored 2016 (97-points) has a Market Price of £1,962 per 12×75.
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Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
