Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Nov 5, 2024 10:00AM EST - Tue, Nov 12, 2024 08:00PM EST
  • 1978
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • II4790
  • II4790
Lot 76

1978 Chateau Palmer Margaux - 1 bottle(s)-750ml

Estimate: CAD$360 - CAD$500

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 1978 Chateau Palmer Margaux - 750ml. Estimate for this lot is between $360 - $500 with a reserve of $260. The wine in this lot belongs to collection 11261.

Condition

Wine in this lot has following conditions - Base Of Neck.

Available payment options

  • Visa
  • Mastercard
  • Amex
  • Diners
  • Discover
  • JCB
  • Union Pay

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 prominent Toronto collector and long-time client of Iron Gate. Wines were purchased from the winery on release, shipped directly to professional storage and never touched until now. An incredible offering of American wine with excellent provenance.
The score for 1978 Chateau Palmer Margaux is 93 points from John Gilman and the tasting note - The 1978 Château Palmer is a beautiful wine that is now at its apogee of peak maturity, with the personality of the vintage giving this wine a slightly exotic extra layer of complexity that is very appealing. As readers most likely remember, the 1978 vintage was one that was saved by a perfect Indian Summer that took what had been a underripe crop and pushed it across the finish line in October with three weeks of warm and sunny weather. By today’s standards, the grapes were still not physiologically ripe, so there can be a slight green element to both the flavors and aromatics of some of the wines of the vintage, but with the ’78 Palmer, this is a very minor element that simply adds a touch of exotica to the wine. The bouquet is pure and utterly refined, wafting from the glass in a mix of mulberry, plums, cigar smoke, gravelly soil tones, a hint of chipotle, gentle notes of black truffle, lavender and just a bit of new oak. On the palate the wine is full-bodied, suave and complex, with a seamless sense of balance, a lovely core of fruit, melting tannins and great length and grip on the very refined finish. Great juice.