IronGate Fine Wine Auction
Tue, Nov 5, 2024 10:00AM EST - Tue, Nov 12, 2024 08:00PM EST
Timed Auction
- 1997
- 1500ml
- France
- Bordeaux
- Medoc
- Pauillac
- Bordeaux Red Blend
- Red
- II4545
- II4545
Lot 186
1997 Chateau Pontet Canet Pauillac - 1 bottle(s)-1500ml
Estimate: CAD$320 - CAD$460
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 1997 Chateau Pontet Canet Pauillac - 1500ml. Estimate for this lot is between $320 - $460 with a reserve of $240. The wine in this lot belongs to collection 11546.
Wine in this lot has following conditions - Stained Label.
Condition
Available payment options
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.
Producer notes - Originally classified as a 5th growth, Pontet-Canet has a reputation far above its 1855 ranking with these wines largely considered Super Seconds, closely ranking as such on the Liv-Ex global wine trading platform. While their reputation was established earlier on, the Pauillac estate’s superior position today was hard-fought, needing to rebound after a scandal involving the previous proprietors coincided with a drop in quality. Forced to change hands, the estate was purchased by respected Cognac merchant Guy Tesseron who brought on Jean-Michel Comme to take on the important role of technical director. Together, with the help of consultant Michel Rolland in the 1990s, the duo was able to overcome the notoriety brought on by the previous ownership and launch the estate into an exciting new era.
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