Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1975
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • First Growth
  • FF1755
  • FF1755
Lot 64

1975 Chateau 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 1975 Chateau Margaux - 750ml. Estimate for this lot is between $420 - $600 with a reserve of $300. The wine in this lot belongs to collection 10815.

Condition

Please note the following conditions on the bottle/s in this lot Base Of Neck and Stained Label on 1975 Chateau 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 collector since university, more than 30 years ago, this consignor was on his school’s wine tasting team in England and was fortunate to have access to the university’s cellars to taste and learn about fine wines. He developed an appreciation for age worthy wines and began to purchase and carefully store them. Later in life he became friends with winemakers in the old and new world regions and was able to purchase highly allocated wines through them. He also buys wine from agents and the LCBO and occasionally from auction and all bottles go directly to storage at Iron Gate.
Winemaker notes - This vintage which was immediately acknowledged in Bordeaux as a great success, developed very slowly in bottle, especially those wines that were Cabernet Sauvignon-based. We have wondered since that time if the Cabernet had really been picked at full ripeness, in so far as the tannins had remained firm, or even hard, for so many years. It is very likely that today such a vintage would produce a different wine, very probably as concentrated but more accessible. 1975 came after three particularly difficult years (1972, 1973 and 1974). Perhaps the potential of this vintage was overestimated through understandable enthusiasm. Today, this wine displays a nose a bit austere. On the palate, there is a trace of the tannic firmness which has now become a little dry on the finish. The general impression is one of finesse, but it lacks length and density. The bottles of Château Margaux 1975 are to be drunk now. We do not think they will improve.