The bottle of wine that cost $3,500

How much would you spend on a bottle of wine?

Wine producer Penfolds has released its most expensive ever bottle of wine – a five-vintage blend that retails for a wallet-scorching $3,500.

Named “Penfolds g5”, the red wine is a blend of five vintages of Penfolds Grange stretching back to 2010.

Penfolds will produce just 2,200 bottles of the Penfolds g5 which will be made available globally.

The wine is the final release in Penfolds “g” series, after Penfolds g3 was launched in 2017 and g4 was launched in 2020.

It is the most expensive retail price ever asked for a bottle of Grange, but pales in value compared to the value of some historic vintages on the auction market.

In July, a single bottle of Penfolds Grange from 1951 was sold at auction for a record-breaking $142,131, making it the most expensive bottle of Australian wine ever sold

But hey – if that that seems too cheap to you, in December last year, a complete Penfolds Grange set of 64 bottles dating from 1951 to 2014 sold for $430,000.

Today’s release is said to have “proven ageing potential”, meaning those who snap up one of the 2200 bottles are likely sitting on an appreciating asset.