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Old Fitzgerald Bottled-in-Bond vs Penelope Toasted Series

Old Fitzgerald Bottled-in-Bond and Penelope Toasted Series sit on opposite sides of a familiar divide: an old-guard, wheat-forward classic versus a sourced, rye-forward blend.

Key Specifications

Feature Old Fitzgerald Bottled-in-Bond Penelope Toasted Series
Type / Style Wheated Bourbon High-Rye Bourbon
Mash Bill 68% corn, 20% wheat, 12% malted barley 75% corn, 21% rye, 4% malted barley
Age 9 years No age statement
Proof 100 proof (50% ABV) 100 proof (50% ABV)
Approx. Price 1 ~$110 – $180 ~$55 – $70 ~$83 less
Availability Allocated Widely available easier to find
  1. US shelf prices as of 2026-08; they vary widely by market.

AG’s Rating and AG’s Notes

Old Fitzgerald Bottled-in-Bond

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Penelope Toasted Series

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Flavor Profile

Old Fitzgerald Bottled-in-Bond Penelope Toasted Series
sweetnessspiceoakfruitheatnuttiness

Axis by axis, biggest gap first

spice 2/5 spice: Old Fitzgerald Bottled-in-Bond 2 out of 10, Penelope Toasted Series 5 out of 10
fruit 6/4 fruit: Old Fitzgerald Bottled-in-Bond 6 out of 10, Penelope Toasted Series 4 out of 10
sweetness 8/7 sweetness: Old Fitzgerald Bottled-in-Bond 8 out of 10, Penelope Toasted Series 7 out of 10
heat 4/5 heat: Old Fitzgerald Bottled-in-Bond 4 out of 10, Penelope Toasted Series 5 out of 10
oak 7/7 oak: Old Fitzgerald Bottled-in-Bond 7 out of 10, Penelope Toasted Series 7 out of 10
nuttiness 3/3 nuttiness: Old Fitzgerald Bottled-in-Bond 3 out of 10, Penelope Toasted Series 3 out of 10

Flavor Profile Differences

Rye spice is the dividing line here.

  • Old Fitzgerald Bottled-in-Bond: The decanter series, released twice a year at varying ages, and Heaven Hill's most serious wheated statement. Age shows as polished oak and stewed fruit rather than tannin, but you pay handsomely for the bottle.
  • Penelope Toasted Series: Finished in a second, freshly toasted barrel, which pushes it toward toffee, roasted coffee and darker oak. The toast level changes from batch to batch.

Which One Should You Choose?

  • Go with Old Fitzgerald Bottled-in-Bond if you want an aged, bonded wheater in a presentation bottle and the price is not the obstacle.
  • Go with Penelope Toasted Series if you want a toasty, coffee-and-toffee bourbon from a second-barrel finish at a significantly lower price point and without hunting for it.

Best enjoyed neat (Old Fitzgerald Bottled-in-Bond); neat, old-fashioned (Penelope Toasted Series).