Iron Gate Auctions
Timed Auction

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
  • 1988
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Bordeaux Blend
  • Red
  • First Growth
Lot 71

1988 Chateau Latour Grand Vin Pauillac - 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 1988 Chateau Latour Grand Vin Pauillac - 750ml. Estimate for this lot is between $650 - $900 with a reserve of $480. The wine in this lot belongs to collection 11283.

Available payment options

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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 highly involved collector who acquired the wine in his cellar over many years. Sourced from negotiants, LCBO vintages releases and agencies, all wines were stored in a home cellar equipped with a state-of-the-art cooling and humidification system. A photo of his cellar is included in the gallery.
The scores for 1988 Chateau Latour Grand Vin Pauillac - Wine Spectator - 96. The rating for 1988 Chateau Latour Grand Vin Pauillac is 91 points from Robert Parker and the tasting note - The best showing yet for a wine from this under-rated vintage, the dark garnet-colored 1988 Latour reveals slight amber at the edge. A bouquet of melted tar, plums, black currants, cedar, and underbrush is followed by a sweet entry, with medium to full body, excellent ripeness, and mature tannin. It is a classic, elegant Latour with more meaty, vegetable-like flavors than are found in a riper year, such as 1989 and 1990. The 1988 has just begun to enter its plateau of maturity, where it should remain for 25 years.