« Food & Drinks

Popping the Perfect Penfolds

by Jeff Flynt

When you go to the wine aisle in your local grocery or liquor store (or if you do your shopping at a wine shop), you may not think to head to the 'Australia' section.

The Australian wine industry is big businesses, as they are the 4th-largest wine exporter in the world. They export about 750 million liters, much of it headed to the U.S. market, in all varietals from Riesling down to Cabernet Sauvignon and everything in-between.

Labels are generally colorful, with great names and photos. You'll see a lot of Yellow Tail, Alice White, Jacob's Creek and d'Arenberg. 

But the star of the show right now is Penfolds, with its perfect rated 2008 Grange. Robert Parker's Wine Advocate scored it a 100. 

The Wall Street Journal reports that the '08 Grange is currently going for $800.

While it's definitely a heavy price tag, the winemakers recommend not opening the bottle until its peak drinking range which starts in 2016.

So if you have a cool, dark, dank and slightly humid basement where a bottle like this can be safely tucked away until then, it may be worth the investment.

One thing to take away from this is that while Australian wines are largely available for much lighter price tags, there are labels that can produce a high-quality product.

(photo courtesy of Penfolds)