Henschke family wants Hill of Grace Shiraz to sell at higher price than Penfolds Grange

AUSTRALIA might witness a very unusual price war before long — a tussle to be the nation’s most expensive wine. The Barossa Valley’s Henschke family have decided they want their iconic Hill of Grace Shiraz, generally regarded as the second best Australian wine, to sell at a higher price point than Treasury Wine Estate’s Penfolds Grange, and thus become seen as Australia’s best. There’s not much doubt that it’s a two-way contest between these two 60-year-old reds. Grange currently sells for $785 while the 2009 Hill of Grace is listed at $595.