Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Mar 18, 2025 10:00AM EDT - Tue, Mar 25, 2025 08:00PM EDT
  • 1987
  • 750ml
  • USA
  • California
  • Napa Valley
  • Cabernet Sauvignon
  • Red
Lot 953

1987 Cafaro Napa Valley Cabernet Sauvignon - 3 bottle(s)-750ml

Estimate: CAD$360 - CAD$480

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 3 bottle(s) of 1987 Cafaro Napa Valley Cabernet Sauvignon - 750ml. Estimate for this lot is between $360 - $480 with a reserve of $240. The wine in this lot belongs to collection 10815.

Condition

Please note the following bottle conditions in this lot - In 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 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 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.
Producer notes- Cafaro Cellars was founded in 1986 and is owned and run by Joe Cafaro. He has a long history in Napa Valley (since 1969) of making wine at select well-known wineries including Chappellet, Keenan & Dalla Valle, among others. Initially he made wine from purchased fruit but in the mid 90’s he acquired a 15-acre hillside vineyard right next to the southern boundary of the famous Stag’s Leap District. All fruit for Cafaro’s wines come from this vineyard. It is in a beautiful location slightly elevated over the valley floor set among rolling hills. He planted this with several varietals and manages all aspects of the growing and winemaking. His total production is about 3000 cases. He custom crushes at Miner Family Winery which is where you will meet Joe for a tasting when you make your appointment.