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1998 Penfolds Bin 707 Cabernet Sauvignon

Lightly depressed cork

Minimum Bid is $175
Ends Sunday, 7pm Pacific

ITEM 9812808 - Removed from a professional wine storage facility; Purchased upon release; Consignor is original owner

Bidder Amount Total
$175
Item Sold Amount Date
I9784999 1 $185 Nov 10, 2024
I9573278 1 $185 Jul 21, 2024
1998 Penfolds Bin 707 Cabernet Sauvignon

RATINGS

93.2CellarTracker

92Wine Spectator

Rich and resonant, this is a vibrant red with lovely currant and blackberry flavors on a fine-grained frame, echoing fruit and the merest touch of herb and spice on the round finish

92Stephen Tanzer

..Supple, juicy and intensely flavored, with bright, ripe acids framing the fruit and giving the wine lovely inner-mouth perfume. Lively and consistent from start to finish. Finishes very long, with ripe tannins...

90Robert M. Parker Jr.

The outstanding 1998 Cabernet Sauvignon Bin 707 is a thick, rich, full-bodied Cabernet emphasizing copious quantities of cassis fruit. Pure, with nicely integrated oak, acidity, and tannin, it cuts a broad swath across the palate.

PRODUCER

Penfolds

Penfolds makes Australia’s most renowned wine – Penfolds Grange, a Shiraz-based wine that was inspired by Rhone Valley’s Syrah blends. Grange was introduced in 1951 by Max Schubert, the legendary Penfolds winemaker in the middle and later years of the 20th century. As a wine producer, Penfolds’ history dates to the mid-19th century, when a young English physician named Dr. Penfold migrated to Australia and started producing wine as boon to the health of his patients. Until World War II the winery specialized in fortified wines and brandy, but Schubert helped turn Penfolds into a successful producer of table wines, including Grange and Bin 707, a Cabernet Sauvignon. Today the company is owned by Southcorp Wines and produces many grape varieties, including Sauvignon Blanc, Riesling and Chardonnay along with Shiraz and Cabernet Sauvignon. Annual production of Grange is 8,000-10,000 cases. Annual production of Bin 707 Cabernet Sauvignon is 10,000-14,000 cases.

REGION

Australia, South Australia

South Australia is the nation’s most important wine region. South Australia is to Australia what California is to the U.S. About half of Australia’s wine comes from South Australia and many of the country’s most acclaimed producers are there. Wineries based in South Australia include Penfolds Grange, Torbreck, Amon Ra, Henschke and Jacob’s Creek. The prestigious Barossa Valley is located in South Australia, and is often compared to Napa Valley because it is gorgeous topography covered in grape vines. First farmed by 19th century German-speakers who immigrated from what is now Poland, the Barossa Valley is the crown jewel of the region. South Australia has widely varying climates, from very hot, dry areas to cooler, high altitude areas. There are more than 150,000 acres of vineyards in South Australia, with more being planted each month. Shiraz is king, though the region also produces Cabernet Sauvignon, Grenache, Mourvedre, Chardonnay and Semillon.

TYPE

Red Wine, Cabernet Sauvignon

One of the most widely grown grape varieties, it can be found in nearly every wine growing region. A cross between Cabernet Franc and Sauvignon Blanc. It’s a hardy vine that produces a full-bodied wine with high tannins and great aging potential.