Iron Gate Auctions
Timed Auction

Iron Gate Fine Wine Auction

Tue, Nov 4, 2025 10:00AM EST - Tue, Nov 11, 2025 08:00PM EST
  2025-11-04 10:00:00 2025-11-11 20:00:00 America/New_York Iron Gate Iron Gate : Iron Gate Fine Wine Auction https://bid.irongateauctions.com/auctions/iron-gate-wine/iron-gate-fine-wine-auction-19461
The November Fine Wine Auction is one of the largest to date, featuring over 1,530 lots sourced from some of Canada’s finest cellars. French wine makes up half of the auction, highlighted by Bordeaux from the iconic 1982 vintage and exceptional Burgundy offered at some of the most attractive price levels seen in years for this category. The sale also includes 124 large-format lots—perfectly timed for the holiday season. **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 #818717.
Iron Gate Auctions info@irongate.wine
  • 1983
  • Red
  • Shiraz
  • South Australia
  • Australia
  • 750ml
Timed Auction in Progress ... Currently on Lot
Lot 1225

1983 Penfolds Grange Bin 95 - 1 bottle(s)-750ml

Estimate: CAD$700 - CAD$1,000
Starting Bid
CAD$550
$416.67

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 1983 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $700 - $1000 with a reserve of $550. The wine in this lot belongs to collection 11686.

Condition

Please note the following conditions in the lot - Base Of Neck.

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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 30 days of auction close. Thereafter, your winnings will be subject to a $250 handling, administration and storage fee, including a subsequent $5.50/case/month and $1.50 per bottle fee for inventory services. If no contact has been made within two years, auction winnings will be considered abandoned.

Please note that auction winnings from earlier auctions cannot be combined with current or future winnings for shipping purposes. Each auction's items will be processed and shipped separately.

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.

This consignor’s wine journey began in the early 1980s, when quality wines were still reasonably priced. Regular visits to the LCBO Vintages shop in Sherwood Forest, Mississauga—now closed—provided access to weekly tastings and a diverse selection. The collection grew through purchases from the LCBO, wine agents, specialty shops in BC, the U.S., Australia, and directly from wineries during travels. All bottles were stored in a refrigerated, temperature- and humidity-controlled wine cabinet to ensure optimal preservation.
1983 Penfolds Grange Bin 95 from this lot has the following scores - Jeremy Oliver 96 points, James Suckling 94 points, CellarTracker 94 points. This is the tasting note for 1983 Penfolds Grange Bin 95 from Robert Parker - The earliest harvest on record at Penfolds, the 1983 vintage was characterized by devastating bush fires, followed by enormous flooding in March. A blend of 94% Shiraz and 6% Cabernet Sauvignon, the wine has a surprisingly low pH (3.41) for a Grange, with an amazing 7.1 grams of acid per liter. The wine still shows considerable tannin in its flavors, but enormously powerful, rich, high acid characteristics. It is somewhat of a paradox to taste. Five years ago, it was exhibiting huge, powerful, concentrated flavors, but also high acid and high tannin. The wine seems very youthful, very backward, and still in need of at least another 4-5 years of cellaring. Whether it will all come together in a seamless classic remains open to conjecture.