Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Feb 6, 2024 10:00AM EST - Tue, Feb 13, 2024 08:00PM EST
  • 1959
  • 700ml
  • Germany
  • Rheingau
  • Riesling
  • White
  • EE2081
  • EE2086
Lot 33

1959 Oestricher Wegeler Rheingau Riesling Spatlese - 700ml - 6 bottle(s)

Estimate: CAD$2,000 - CAD$3,000

Bid Increments

Price Bid Increment
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
This lot is comprised of 6 bottle(s) of 1959 Oestricher Wegeler Rheingau Riesling Spatlese - 700ml. Estimate for this lot is between $2000 - $3000 with a reserve of $1600. The bottles in this lot come from collection 11415.

Condition

In Neck; Scuffed Labels/ 1 Loose Label
These wines are from a portion of the cellar of an esteemed Private Club in Toronto. All were purchased on release and stored in a pristine temperature controlled cellar.
Producer notes- Weingüter Wegeler is a family-run business founded in 1882. The fourth generation of the Wegeler family continues the long tradition, supported by Ralf Frenzel as speaker of the owner families. All operations are run by managing director Richard Grosche. Weingüter Wegeler has two winery sites on the Rhine and Mosel rivers, all of which focus on Riesling. In 2007, the addition of the 5-hectare Krone estate at Assmannshausen contributed a small but fine share of Pinot Noir to the line-up. Julius Wegeler was a wine merchant and sparkling wine producer at Deinhard before he also established himself as a winemaker. The decision to produce wine must be seen from the perspective of a merchant and trader, based on the trading practices of the time- The quality of a wine was inextricably linked to its origin and its maturity. Young wine in today’s sense was usually left on the lees for at least two winters, while outstanding vintages were kept for much longer. To make great wine, Wegeler needed not only capital, but also foresight, cool storage space and the most precious commodity of all…time.