Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Nov 5, 2024 10:00AM EST - Tue, Nov 12, 2024 08:00PM EST
  • 1988
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • II3344
  • II3344
Lot 125

1988 Chateau Palmer Margaux - 1 bottle(s)-750ml

Estimate: CAD$360 - CAD$500

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 Palmer Margaux - 750ml. Estimate for this lot is between $360 - $500 with a reserve of $260. The wine in this lot belongs to collection 11541.

Condition

Wine in this lot has following conditions - 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 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 collection from the estate of a Toronto gentleman who stored his bottles in a dedicated temperature controlled wine fridge.
The tasting note for 1988 Chateau Palmer Margaux is from Robert Parker - This wine, like a number of 1988s, has matured well and is just beginning to show maturity. It has a dense, somewhat rugged constitution, with plenty of density, some earthy black fruits intermixed with licorice, compost, camphor, and roasted herbs. The wine is dense, medium to full-bodied, with some coarse tannins in the finish. I do not expect the tannins to ever melt away, but there is plenty of depth to this mouth-filling Palmer.