Symington to Offer Graham’s 1882 Port at $7,690 a BottleGuy Collins
June 19 (Bloomberg) -- Symington Family Estates said it plans to sell a limited edition of 656 bottles of Graham’s port dating from 1882 for 4,510 pounds ($7,690) each that commemorates the arrival of the Symingtons in the Portuguese wine trade.
The company, based in Vila Nova de Gaia across the river from the northern Portuguese city of Oporto, was founded by Andrew James Symington, who arrived from Scotland in 1882 and later married Beatrice Atkinson, a descendant of 17th century port producer Walter Maynard.
The port has been bottled from one of three barrels of 1882 port acquired by the company in the early part of the last century to mark the occasion. It’s being sold in numbered crystal decanters in leather presentation boxes.
The Symingtons control port brands including Graham’s, Cockburn’s, Warre’s and Dow’s.
Earlier this month Taylor’s, a rival port house founded in 1692 and now part of the Fladgate Partnership, made a presentation at the London wine fair saying it’s putting a single-harvest aged tawny 1863 vintage port up for sale.
That move came after Taylor’s sold a similar port from the mid-19th century called Scion in 2010. A bottle of Scion now retails for about $3,300, according to Wine-searcher.com.
To contact the reporter on this story: Guy Collins in London at firstname.lastname@example.org
To contact the editors responsible for this story: Paul Sillitoe at email@example.com James Kraus, Jim Silver