Penfolds, Bin 707 Cabernet Sauvignon, South Australia 1998 sold at auction 13 times in the last five years, at a median of $239 per 750ml; half of those sales fell between $197 and $255. The most recent sale was on July 24, 2026. The lowest retail price today is $273, across 36 retail offers.
Auction median, last 5 yrs
$239
13 sales · $197–255 middle half
Lowest retail now
$273
36 retail offers
Last auction sale
Jul 24
2026
Critic scores
90
Wine Advocate
Penfolds, Bin 707 Cabernet Sauvignon, South Australia, neighbouring vintages
Wine facts
- Country
- Australia
- Region
- South Australia
- Type
- Red
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Most traded in South Australia
- Torbreck, RunRig, Barossa Valleyavg $152 · 170 sales
- Clarendon Hills, Astralis, South Australiaavg $167 · 168 sales
- d'Arenberg, The Dead Arm Shiraz, McLaren Valeavg $60 · 147 sales
- Ben Glaetzer, Amon Ra, Barossa Valleyavg $66 · 143 sales
- Henschke, Hill of Grace Vineyard, Eden Valleyavg $523 · 122 sales
- Hundred Acre, Ancient Way Vineyard Summer's Blocks, Barossa Valleyavg $206 · 115 sales
- Mollydooker, Carnival Of Love Shiraz, McLaren Valeavg $80 · 92 sales
- Clarendon Hills, Piggott Range Syrah, South Australiaavg $63 · 83 sales
- Two Hands, Lily's Garden Shiraz, McLaren Valeavg $29 · 82 sales
- Mitolo, G.A.M. Shiraz, McLaren Valeavg $42 · 74 sales
About Penfolds
Penfolds, Treasury Wine Estates' South Australian house, blends across vineyards and regions toward a house style of mid-palate richness, generous fruit and long ageing. Grange, the flagship, is ripe, intense Shiraz, partly barrel-fermented and aged 18–20 months in American oak. Bin 707 is a Cabernet Sauvignon in the house style, skipped when suitable fruit is lacking. RWT is a Barossa Valley Shiraz matured in French oak hogsheads, while St Henri, drawn mostly from cooler South Australian sites, ages in large old vats that add no oak flavour and gains texture over decades. Others include Bin 389 Cabernet-Shiraz ('baby Grange'), Bin 28 Kalimna, Bin 150 Marananga and single-vineyard Magill Estate Shiraz; Yattarna is a cool-climate Chardonnay.
- Region
- South Australia (Barossa Valley, Eden Valley, Coonawarra, McLaren Vale, Magill)
- Owner
- Treasury Wine Estates
- Vineyards
- Magill Estate (5.34 ha, Shiraz), Kalimna, Koonunga Hill, Waltons, Stonewell, Woodbury, plus McLaren Vale and Coonawarra sites
- Grapes
- Shiraz, Cabernet Sauvignon, Chardonnay, Grenache, Mataro
- Wines
- Grange; Yattarna; Bin 707; RWT; St Henri; Magill Estate; Bin 389; Bin 407; Bin 28 Kalimna; Bin 150 Marananga; Bin 169
- Style
- House style of mid-palate richness, fruit generosity and ageability; multi-region blending
- Website
- penfolds.com
Sources: penfolds.com, winespectator.com, Wikipedia, tysonstelzer.com