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Would you spend $260,000 on your grandkids?

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An Adelaide couple just have – splashing out on all 62 vintages of Australia’s most celebrated wine, Penfolds Bin 95 Grange.

John and Leanne Davison paid $230,000 plus a buyer’s premium for the bottles which range from the first rare 1951 vintage to the 2012 edition.

John Davison and his Penfolds Grange collection. Credit: The Australian

Mr Davison, a retired earthmoving contractor and keen wine collector, has reportedly been on the lookout for a complete set since missing out on one at auction 10 years ago.

But if you thought he’d be a fan of the famous drop then, you’d be wrong.

“I’ve drunk Grange once,” Mr Davison told The Australian. “I’m a keen cyclist and when I did the Three Peaks ride in Victoria a couple of years ago I took a bottle of 1998 and promised myself I’d drink it if I finished.”

So how was it? “I don’t really know,” he says. “I was so buggered after the ride I couldn’t really taste it.”

Instead, the collection will be sold again in 10 years’ time when their youngest grandchild turns 21 to “help out the grandkids.”

As long as they’re not tempted to drink the inheritance before then.

Lauren Broomham

Lauren is a journalist for villages.com.au, agedcare101 and The Donaldson Sisters. Growing up in a big family in small town communities, she has always had a love for the written word, joining her local library at the age of six months. With over eight years' experience in writing and editing, she is a keen follower of news and current affairs with a nose for a good story.


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