IronGate Fine Wine Auction
Tue, Nov 5, 2024 10:00AM EST - Tue, Nov 12, 2024 08:00PM EST
Timed Auction
Lot 131
1989 Chateau Palmer Margaux - 1 bottle(s)-750ml
Estimate: CAD$500 - CAD$700
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 1989 Chateau Palmer Margaux - 750ml. Estimate for this lot is between $500 - $700 with a reserve of $360. The wine in this lot belongs to collection 10582.
Wine in this lot has following conditions - Base Of Neck.
Condition
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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.
Growing up in Montreal, this consignor’s parents exposed him to wine as a teenager. Once he was working on Bay Street his mentor introduced him to Toronto’s best wine lists. While on vacation in Bordeaux in 1990 he enjoyed a bottle of Chateau Meyney at a local restaurant and Bordeaux became his wine of choice. On that same trip he purchased as many bottles as possible of 1989 (his daughter’s birth year) and 1990 directly from the vineyards. A close acquaintance owned Lifford and, with Robert Parker as his guide, he purchased wine through them and began collecting. He had a 1200 bottle professional cellar built in his home and wines were stored there upon acquisition.
The score for 1989 Chateau Palmer Margaux is 97 points from Robert Parker and the tasting note - Wafting from the glass with captivating aromas of dark berries, violets, sweet soil tones and black truffle, the 1989 Palmer is medium to full-bodied, rich and velvety, with a suave, seamless profile, terrific depth at the core and a long, sapid, perfumed finish. At its best, this is one of the vintage's finest wines.
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