Iron Gate Auctions
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IronGate Fine Wine Auction

Tue, Apr 29, 2025 10:00AM EDT - Tue, May 6, 2025 08:00PM EDT
  2025-04-29 10:00:00 2025-05-06 20:00:00 America/New_York Iron Gate Iron Gate : IronGate Fine Wine Auction https://bid.irongateauctions.com/auctions/iron-gate-wine/irongate-fine-wine-auction-17825
Iron Gate is thrilled to announce the April Fine Wine Auction. There are over 1000 lots of exceptional wines to bid on from top cellars across the country. Vintage-claret takes up nearly a third of the April catalogue, and collectors can expect other significant offerings from Burgundy, California, and Tuscany, with excellent Champagne, Rhone, and South Australian (and more!) to fill the gaps. **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 #813206.
Iron Gate Auctions info@irongate.wine
  • 1994
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • First Growth
Lot 83

1994 Chateau Margaux - 12 bottle(s)-750ml

Estimate: CAD$7,200 - CAD$11,000
Starting Bid
CAD$5,500
$3,819.44

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 12 bottle(s) of 1994 Chateau Margaux - 750ml. Estimate for this lot is between $7200 - $11000 with a reserve of $5500. The wine in this lot belongs to collection 11604.

Condition

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

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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.

An Alberta-based collector who started buying wine in the early eighties. He was told at that time to buy futures, so he started to buy by the case. Wine was always stored at 58 degrees in one of his 2 wine fridges. He always liked Bordeaux and kept buying them and storing them for future consumption. Unfortunately, around 1995 the prices shot up and so began buying and drinking less expensive wine, concentrating on Pontet Canet, which he feels is as good as the first growths. As he ages, he has decided to thin out his collection.
The scores for 1994 Chateau Margaux - The Wine Advocate - 91, CellarTracker - 91, Vinous - 90, Wine Spectator - 90. The rating for 1994 Chateau Margaux is 91+ points from Robert Parker and the tasting note - This largely forgotten vintage seems to have turned the corner in the last year or two. Because of strict selections made at the top chateaux, the wines always had density, but the level of tannin was frequently too high, and the type of tannin was more green and astringent. Chateau Margaux’s 1994 has always been one of the candidates for the “wine of the vintage.” The wine still has a dense plum/purple color and a big, sweet nose of black fruits intermixed with licorice, camphor, vanilla, and a hint of flowers. The wine is dense and powerful, but the tannins have softened and do not seem as hard and intrusive as they did in the late nineties. This wine will last for decades and hopefully become even more seamless, although it is hard to believe all the tannin will gradually dissipate.