Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Feb 6, 2024 10:00AM EST - Tue, Feb 13, 2024 08:00PM EST
  • 1992
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • DD3864
  • DD3864
Lot 1011

1992 Joseph Phelps Vineyards Insignia - 750ml - 1 bottle(s)

Estimate: CAD$340 - CAD$600

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 1992 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $340 - $600 with a reserve of $260. The bottles in this lot come from collection 11432.

Condition

Base Of Neck; Writing On The Bottle

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.

This consignor grew up among the vineyards in the Niagara region and has fond memories of eating grapes off the vines at her friend’s family farm. It was during her 20s that she learned to appreciate wine, travelling through France, Italy and eastern Europe for business. In her 60s she began to collect wine seriously, some shipped to her by business associates and others purchased from wine merchants and collectors. The bottles have been meticulously stored in a custom designed wine cellar and were then moved into 2 temperature-controlled wine cabinets.
The score for 1992 Joseph Phelps Vineyards Insignia is 95 from Robert Parker and the tasting note - An attractive dark plum/purple color is followed by sweet aromas of creme de cassis, spring flowers and a touch of background oak. This opulent, full-bodied, sexy, full-throttle Insignia is drinking beautifully. As the wine sits in the glass, mature aromas of black tea and charcuterie begin to emerge. It should continue to age effortlessly for 10-15+ years. A dream vintage for growers, 1992 enjoyed an early bud break, large and even flowering, warm weather during the summer and a super-abundant, perfectly mature crop. In fact, in some cases there was too much wine. There were a whopping 9,500 cases of the beautiful 1992 Insignia, a blend of 67% Cabernet Sauvignon and 33% Merlot (82% came from estate vineyards). This wine, which achieved 13.5% alcohol, has still not reached full maturity. It is one of those magical Napa wines that has been drinkable since its release and has never closed down.