NEW RELEASE: 2024 Penelope Tokaji Cask Finish Rye Whiskey

2024 Penelope Tokaji Cask Finish Rye Whiskey

Recently announced, award-winning Penelope Tokaji Cask Finish Rye Whiskey will start arriving at retail this month. A limited-allocation of 1,900 (6-pack) cases will be available at a suggested retail price of $89.99 per 750-ml bottle. Penelope, est. 2018, made colossal headlines in May 2023 when it was acquired by MGP for a $100m+ price tag.

Tokaji Cask Finish straight rye whiskey captures the late harvest notes of Tokaji wine from Hungary, once dubbed, “the wine of kings” by King Louis XIV. Distilled in Lawrenceburg, Indiana, aged eight years and bottled at 106 proof, its two-grain mash bill consists of 95% rye and 5% malted barley.

Per the brand, the rye whiskey features a nose of dark chocolate-covered raisins and almond pastry; a viscous body with notes of sweet honey and caramel with hints of orange zest; and a savory finish highlighted by notes of black cherry, tobacco and red wine.

Penelope founder Michael Paladini. Courtesy

“From consumers to tasting panels, our Tokaji Cask Finish was really well received last year,” said Michael Paladini, founder of Penelope Bourbon. “For the initial release we used a 6-year-old straight rye whiskey as our base, and we are excited to bring this back but with an 8-year baseat the same price point.” 

In 2023, Penelope Bourbon Tokaji Cask Finish received 91 points from Whisky Advocate and was awarded a Gold Medal ASCOT Award.

It is the third installment of the company’s Cooper Series, which takes Penelope straight whiskeys on a world tour. The other members of the series include Rosé Cask Finish, Valencia and Rio. The Cooper Series was named after the son of Daniel Polise, one of the founders and the master distiller of Penelope Bourbon. A product locator for the Penelope family of bourbons can be found here


Founded in 2018, Penelope Bourbon has been one of the country’s fastest-growing whiskey brands. Named after the founder’s daughter, Penelope boasts a series of straight bourbon whiskey expressions that are all uniquely blended.

Penelope’s core expressions, Four Grain, Barrel Strength, Architect and Toasted Bourbon, have received over 35 combined awards and industry accolades. In 2023, the brand won Double Gold at the San Francisco World Spirits Competition and Best In Category at the ASCOT Awards – both for its Private Select.

In addition to its cornerstone expressions, Penelope continues to introduce new and innovative limited releases within its Cooper Series, Private Select and Founders Reserve lines.

Today, Penelope Bourbon is sold in over 40 states and three countries.