Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1970
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • GG2219
  • GG2219
Lot 60

1970 Chateau Palmer Margaux - 1 bottle(s)-750ml

Estimate: CAD$420 - CAD$600

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 1 bottle(s) of 1970 Chateau Palmer Margaux - 750ml. Estimate for this lot is between $420 - $600 with a reserve of $300. The wine in this lot belongs to collection 11494.

Condition

Please note the following conditions on the bottle/s in this lot Base Of Neck and Severely Ripped Label on 1970 Chateau Palmer Margaux .

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All lots are located in Calgary, Alberta, Canada.  Confirmation of pickup or delivery of Iron Gate Commercial Auction winnings must be made within 60 days of auction close. Thereafter, your winnings will be subject to storage fees, including a $75 setup, subsequent $5.00/case/month and $1.25 per bottle fee for inventory services. If no contact has been made within two years, auction winnings will be considered abandoned.

 

It is the responsibility of the buyer to make all arrangements for insuring, packing and removing the property purchased and any assistance by the Auctioneer, or the employees of, agents or contractors in packing and removal shall be rendered as a courtesy and without any liability to them. The Auctioneer shall not be liable for any errors or omissions or damage caused by packers and shippers, notwithstanding the fact that the Auctioneer may have recommended such shippers or packers to the purchaser.

A Toronto based consignor who inherited her father’s wine. Her father’s love of wine began when he travelled through Europe. He truly loved the craft of winemaking. He became a sommelier and then, later in life, was the chair of the Wine Sommeliers Guild of Canada. He always enjoyed having people over to share bottles from his collection. His wine was purchased through the LCBO, from auction and in Europe. He stored his wine in a perfectly temperature-controlled cellar and then it moved to the Fine Wine Reserve before coming to Iron Gate.
The score for 1970 Chateau Palmer Margaux is 95 from Robert Parker and the tasting note - Not yet fully mature, the 1970 Palmer is one of the great wines of the vintage. It exhibits a dark, opaque garnet color, and an emerging, fabulously complex, exotic nose of licorice, over-ripe plums and blackcurrants, soy, cedar, and minerals. Rich and concentrated, with medium to full body, a sweet inner-core of fruit, firm but silky tannin, and a long, rich finish, this remains a youthful, potentially superb Palmer.