Iron Gate Auctions
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IronGate Fine Wine Auction

Tue, Apr 29, 2025 10:00AM EDT - Tue, May 6, 2025 08:00PM EDT
  2025-04-29 10:00:00 2025-05-06 20:00:00 America/New_York Iron Gate Iron Gate : IronGate Fine Wine Auction https://bid.irongateauctions.com/auctions/iron-gate-wine/irongate-fine-wine-auction-17825
Iron Gate is thrilled to announce the April Fine Wine Auction. There are over 1000 lots of exceptional wines to bid on from top cellars across the country. Vintage-claret takes up nearly a third of the April catalogue, and collectors can expect other significant offerings from Burgundy, California, and Tuscany, with excellent Champagne, Rhone, and South Australian (and more!) to fill the gaps. **Please note: A Buyer's premium of 17.5% is applicable to this sale.** Operated under license by Alberta Gaming Liquor and Cannabis and Alberta Auction license #813206.
Iron Gate Auctions info@irongate.wine
  • 1981
  • 750ml
  • Australia
  • South Australia
  • Shiraz
  • Red
Lot 818

1981 Penfolds Grange Bin 95 - 1 bottle(s)-750ml

Estimate: CAD$650 - CAD$900
Starting Bid
CAD$480
$333.33

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 1981 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $650 - $900 with a reserve of $480. The wine in this lot belongs to collection 11614.

Condition

Please note the following bottle conditions in this lot - Base Of Neck And Scuffed Label

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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.

Based in Montreal, this consignor has always had a passion for farming and was once a part-owner of a winery in Oregon. His journey into wine collecting began in 2005 when he acquired a collection from a SAQ cellar owner, soon after which he started investing in Bordeaux futures. Except for the Vice Versa, which was purchased directly from the winery, his entire collection was sourced through the SAQ. Every bottle has been carefully stored in his custom-built, climate-controlled underground cellar by Mr. St-Laurent.
The rating for 1981 Penfolds Grange Bin 95 is 97 points from Robert Parker and the tasting note - The 1981 stood out as slightly superior. Winemaker John Duval always felt this was a tannic style of Grange, but the wine has shed its tannins, and this is one of the few vintages where the percentage of Cabernet Sauvignon was above 10%. Sweet notes of creme de cassis, cedarwood, charcoal, and barbecue spices are followed by a full-bodied, opulent wine displaying heady amounts of alcohol, glycerin, and density in its full-bodied, skyscraper-like texture. I was drinking this wine with great pleasure in the mid-nineties, yet here it is nearly 15 years later, and the wine does not appear to have budged much from its evolutionary state. This is a testament to how remarkably well these wines hold up, and age at such a glacial pace. Grange, Penfolds’ flagship wine, is, by many accounts, the most renowned and world-famous wine produced in Australia, and these six vintages from my cellar all acquitted themselves well. These wines are almost always Shiraz, but many vintages include less than 10% Cabernet Sauvignon, and there are cross-appellations blends from vineyards in the Barossa and McLaren Vale.