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
  • 1989
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
Timed Auction in Progress ... Currently on Lot
Lot 97

1989 Chateau Margaux - 2 bottle(s)-750ml

Estimate: CAD$1,600 - CAD$2,200
Current Bid
CAD$1,300
$948.91

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 2 bottle(s) of 1989 Chateau Margaux - 750ml. Estimate for this lot is between $1600 - $2200 with a reserve of $1200. The wine in this lot belongs to collection 11629.

Condition

Please note the following bottle conditions in this lot - Scuffed Label.

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 consignor who was a member of a group of professionals who launched a wine club in Toronto during the mid-1970s. Though his interest in wine was long-standing, his serious collecting didn’t begin until after his retirement in 2008. Following several years of research into proper wine storage and investment, he crossed paths with Warren Porter, which further shaped his approach. Most of the wines were sourced through Iron Gate, while additional selections came from the LCBO's Oakville flagship store and its exclusive Classics catalogue. His collection was housed in custom-built cellars, maintained at optimal temperature and humidity, with each bottle categorized by its purpose: Investment, Maturation, or Inheritance.
1989 Chateau Margaux has following scores - Wine Spectator 97, Decanter 97. 1989 Chateau Margaux has the score of 90 from Robert Parker and the tasting note -Dwarfed by its younger sibling, the 1990, the 1989 Chateau Margaux has a dark plum/garnet color and a big, sweet nose of new saddle leather, toasty oak, and weedy black cherry and cassis fruit. The wine is medium-bodied, with relatively elevated tannins, outstanding concentration and purity, but a somewhat clipped as well as compressed finish. This certainly outstanding wine has put on a bit of weight in its evolution in the bottle, but it is hardly one of the most profound efforts from Chateau Margaux.