Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Nov 5, 2024 10:00AM EST - Tue, Nov 12, 2024 08:00PM EST
  • 1994
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • First Growth
  • II4516
  • II4518
Lot 151

1994 Chateau Margaux - 3 bottle(s)-750ml

Estimate: CAD$1,500 - CAD$2,100

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 3 bottle(s) of 1994 Chateau Margaux - 750ml. Estimate for this lot is between $1500 - $2100 with a reserve of $1100. The wine in this lot belongs to collection 11546.

Condition

Wine in this lot has following conditions - Bordeaux In Neck.

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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 passionate and seasoned collector from Toronto, who has been buying fine wine since 1978. He purchased his first case of Mouton Rothschild and Chateau Latour at the vintage store in Ottawa and many bottles through the SAQ. He and his wife love traveling to wine regions in France and Italy and they acquired numerous bottles during their journeys. After downsizing to a smaller space, he decided to reduce his collection, hoping it will find a new owner who will appreciate it as much as he has. The collection was kept in his temperature-controlled cellar before going to auction.
The score 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.