Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Apr 30, 2024 10:00AM EDT - Tue, May 7, 2024 08:00PM EDT
  • 1989
  • 1500ml
  • France
  • Rhone
  • Southern Rhone Red Blend
  • Red
  • FF2981
  • FF2981
Lot 366

1989 Clos du Mont Olivet Chateauneuf du Pape Selection Reflets - 1 bottle(s)-1500ml format

Estimate: CAD$400 - CAD$550

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 Clos du Mont Olivet Chateauneuf du Pape Selection Reflets - 1500ml. Estimate for this lot is between $400 - $550 with a reserve of $280. The wine in this lot belongs to collection 11312.


Please note the following bottle conditions in this lot Burgundy In Neck and Label Condition on 1989 Clos du Mont Olivet Chateauneuf du Pape Selection Reflets

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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 Vancouver-based cellar who purchased all wines on release from trusted importers/agents. Wines were stored professionally from the time of purchase. Looking to pair down his cellar, Iron Gate is delighted to bring these wines to auction.
Producer notes- Clos Rougeard is an highly regarded wine estate in Saumur Champigny near the village of Chacé in the Loire Valley. The estate was taken over by brothers Bernard (better known as "Nady") and Charly Foucault in 1969, but had been in their family since 1894. Clos Rougeard has become famous as a cult producer because of the high quality and extremely limited release of its wines – around 2500 cases annually. All of its wine is sold by allocation only, mostly to restaurants, and very little outside of France. Added to this, the Foucaults' shunning of publicity further added to the estate's cult status.