A friend posted this Sydney Morning Herald (SMH) article and I went ballistic. This really upset me, far more than selling Grange or their other select wines to the Chinese at $1,000 per bottle (and as I understand it, 90% of the total allocation was snapped up by the Chinese, making it close to impossible for long-term lovers of Penfolds premium wines to get any). Who the hell would pay $168,000 for a bottle of any wine, except some dumb rich Chinese guy recently into buying up good wine to impress his friends?
Please be certain that I am not ridiculing the Chinese here, as I think their appreciation for fine wine, and their ability to grow fine wine has greatly improved in recent years, and I am excited about their growing presence in the ownership of wineries in the Hunter Valley. The first Chinese female also recently received her International Masters of Wine (MW) certification.
But who other than a newly rich Chinese would actually buy this and for what purpose?
Penfolds is targeting a few 'dupes' here who want to look good with their very rich friends in return for $2 million more in revenue. I am pissed at Penfolds for even releasing this, and am going to dump all of my Penfolds wine. If you want an inventory of my Pendfolds wine and what I was currently selling it for anyway, let me know and I will knock and 25% off the price if you buy a half dozen or more. Or if that is not enough, make me an offer as I am ready yo unload.
You can email me at 'email@example.com'.
Penfolds, you disgust me!