Auction Description
Iron Gate's 11th auction of 2023 is a staggering $1.6M mid-estimate behemoth with over 4200 bottles. Every corner of the world is represented but we're long on top notch Bordeaux and American classics at 34% and 30% of the total bottles respectively. As with all our commercial auctions, this is subject to a 17.5% Buyer Premium and 5% GST which remains the lowest in Canada.
Buyer's Premium
| Start | Premium(%) |
|---|---|
| CAD$1 | 17.50 |
Bid Increments
| Start | Increments (CAD$) |
|---|---|
| CAD$0 | CAD$20 |
| CAD$500 | CAD$50 |
| CAD$1,000 | CAD$100 |
| CAD$2,000 | CAD$200 |
| CAD$3,000 | CAD$250 |
| CAD$5,000 | CAD$500 |
| CAD$10,000 | CAD$1,000 |
| CAD$20,000 | CAD$2,000 |
| CAD$50,000 | CAD$5,000 |
| CAD$100,000 | CAD$10,000 |
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