Iron Gate Auctions
Timed Auction

Iron Gate Fine Wine Auction

Tue, Sep 15, 2026 10:00AM EDT - Tue, Sep 22, 2026 08:00PM EDT
  2026-09-15 10:00:00 2026-09-22 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-23464
We’re launching the autumn auction season with an extraordinary sale featuring 1498 premier lots from top global estates. Headlining this event is a remarkable, single-owner cellar of 2022 Bordeaux, representing the finest expressions the region has to offer.. **Please note: A Buyer's premium of 19.5% is applicable to this sale.** Operated under license by Alberta Gaming Liquor and Cannabis and Alberta Auction license #826324.
Iron Gate Auctions info@irongate.wine
  • 1988
  • Red
  • Bordeaux Red Blend
  • Margaux
  • Medoc
  • Bordeaux
  • France
  • 6L
  • First Growth
Lot 76

1988 Chateau Margaux LARGE FORMAT=PICKUP ONLY - 1 bottle(s)-6L

Estimate: CAD$6,000 - CAD$8,500
Starting Bid
CAD$4,500
$3,260.87

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 Margaux LARGE FORMAT=PICKUP ONLY - 6L. Estimate for this lot is between $6000 - $8500 with a reserve of $4500. The wine in this lot belongs to collection 11807.

Condition

Please notice the following conditions in this lot - Base of Neck and Stained and Scuffed Label on the bottle of 1988 Chateau Margaux. Due to its oversized nature, this lot is available for local pickup (Calgary or Toronto) or palletized freight shipping only. Please note that all shipping arrangements and costs are the responsibility of the buyer. Please email for more information.

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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 (Ontario only), 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 fascination with wine began with a deep appreciation for the history, craft, and regional diversity of the world's great producers. Over time, that curiosity turned into collecting exceptional bottles built to age. Built over several years, his collection was assembled gradually with an emphasis on provenance, careful selection, and long-term cellaring rather than immediate consumption. The majority of the cellar was acquired through Iron Gate Auctions, supplemented by select purchases from provincial boards—including the LCBO, BCL, and AGLC—and acquisitions made while traveling. Once acquired, the wines were kept in dedicated, temperature-controlled storage—safely protected from light and vibration—where they remained untouched until consignment to ensure optimal condition.
1988 Chateau Margaux from this lot has the following scores - Wine Spectator 95 points, Gary Vaynerchuk - Wine Library TV 93 points. This is the tasting note for 1988 Chateau Margaux from Robert Parker - The 1988 Chateau Margaux is a wine that was always overshadowed by the succeeding pair of vintages and like many 1988s, appeared rather conservative and lacked flair. However, I was gobsmacked by the performance of this wine at 28 years of age. Deep and clean in color, the bouquet is quintessentially Chateau Margaux with blackberry, potpourri, cedar and violets. It has wonderful clarity. The palate is medium-bodied, fresh as a daisy on the entry with a killer line of acidity that offsets those vibrant black and red fruits. There is energy here, vivacity, as if this Chateau Margaux suddenly realized its true potential after all these years. While it does not possess the length of the 1989 or 1990, there is such pleasure bound into this wine that you care little about that. Maybe I underestimated this wine for many years or perhaps it is a simple case of a late bloomer. While the 1988 might not belong in the top echelons of releases from this First Growth, it might be considered the undiscovered gem of that prosperous decade for the chateau..