Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1995
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County > Napa Valley > Mount Veeder
  • Cabernet Sauvignon
  • Red
  • FF2359
  • FF2360
Lot 858

1995 Lokoya Cabernet Sauvignon Mount Veeder - 2 bottle(s)-750ml

Estimate: CAD$520 - CAD$720

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 2 bottle(s) of 1995 Lokoya Cabernet Sauvignon Mount Veeder - 750ml. Estimate for this lot is between $520 - $720 with a reserve of $360. The wine in this lot belongs to collection 11489.

Condition

Please note the following conditions on the bottle/s in this lot In Neck on 1995 Lokoya Cabernet Sauvignon Mount Veeder.

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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.

This consignor was raised by parents who always opened a bottle of wine with dinner, and he fondly remembers Gruaud-Larose. His early interest developed into a passion in 1993. Around that time, he was in Bordeaux and had heard of Chateau Margaux, so he went there, climbed the steps and rang the bell, and they granted him a visit. He started collecting that day and purchased 1990 Chateau Margaux in the village for $80 a bottle. He then started buying more wine, participated in wine events, traveled to several wine producing regions on many occasions and even got married at Château Smith Haut-Laffite. He purchased mainly from SAQ, LCBO but also from Berry Bros and Rudd, Hi-Time Wine Cellars in Costa Mesa and directly from importers for certain rare wines. He has also managed to get allocations directly from some producers including Harlan, Sine qua non, Kosta Browne and Williams Selyem. The bottles were all stored in a temperature-controlled cellar prior to auction.
The score for 1995 Lokoya Cabernet Sauvignon Mount Veeder is 91 from Robert Parker and the tasting note - The 1995 Cabernet Sauvignon Mount Veeder (1,600 cases) reveals an opaque purple color, and a sumptuous, Medoc-like nose of lead pencil, minerals, black currants, and smoky oak. It is extremely full-bodied and massive in the mouth, with sweet tannin, a layered, plushly-textured mid-palate, and a firm, exceptionally long, pure finish. This classic mountain-styled Cabernet Sauvignon can be drunk now, but it will be even better with 5-7 years of cellaring. It will keep for 2 decades. Another luxury operation in the Kendall-Jackson portfolio, this winery appears to be doing everything right. The wines are 100% Cabernet Sauvignons made in limited quantities of 250-350 cases. The wines are aged in 100% French oak casks (45%-75% new), malolactic fermentation is done in barrel, and the wines are bottled with no filtration. All of these wines revealed outstanding aromatics, natural, chewy, expansive textures, and exceptionally ripe, concentrated fruit. Moreover, they are candidates for 20 or more years of cellaring. In short, I am very enthusiastic about this project.