Iron Gate Auctions
Timed Auction

Iron Gate Fine Wine Auction

Tue, Jun 17, 2025 10:00AM EDT - Tue, Jun 24, 2025 08:00PM EDT
  2025-06-17 10:00:00 2025-06-24 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-17827
Iron Gate is pleased to present the final auction of the first half of 2025, a selection of 983 lots from Canadian consignors. June’s catalogue offers an impressive range of bottles, including nearly 100 large formats—perfect for summer celebrations. Whether you're looking to expand your collection with iconic Bordeaux, Burgundy, or Tuscans, this is the perfect opportunity to top up your cellar. **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 # #815046.
Iron Gate Auctions info@irongate.wine
  • 1988
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Bordeaux Blend
  • Red
Timed Auction in Progress ... Currently on Lot
Lot 92

1988 Chateau Latour Grand Vin Pauillac - 1 bottle(s)-750ml

Estimate: CAD$600 - CAD$900
Current Bid
CAD$500
$364.96

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 $600 - $900 with a reserve of $480. The wine in this lot belongs to collection 11640.

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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.

His interest in wine was first sparked by his older brother’s passion for French wines, leading him to join the Opimian Society and begin expanding his own knowledge. While working full-time in Vancouver, he took a weekend job at a retail wine store, where his understanding of wine deepened. A defining moment came with the release of the 1990 Château Margaux—an extraordinary wine that left a lasting impression and solidified his love for Bordeaux. After relocating to Calgary, he invested in a 400-bottle wine fridge and began thoughtfully building his collection through purchases from local retailers, LCBO, and the SAQ, with one exception via a Bordeaux futures offering. With shifting priorities, a declining palate, and a desire to see his wines enjoyed by fellow enthusiasts, he has decided to offer a portion of his collection for sale.
1988 Chateau Latour Grand Vin Pauillac has following scores - Wine Spectator 96. 1988 Chateau Latour Grand Vin Pauillac has the score of 91 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.