Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  • 1997
  • 750ml
  • USA
  • California
  • North Coast
  • Meritage
  • Red
  • 100 points
  • II1892
  • II1892
Lot 874

1997 Joseph Phelps Vineyards Insignia - 1 bottle(s)-750ml

Estimate: CAD$420 - 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 1997 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $420 - $600 with a reserve of $300. The wine in this lot belongs to collection 10582.

Condition

Please note the following condition/s on 1997 Joseph Phelps Vineyards Insignia Base of 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.

Growing up in Montreal, this consignor’s parents exposed him to wine as a teenager. Once he was working on Bay Street his mentor introduced him to Toronto’s best wine lists. While on vacation in Bordeaux in 1990 he enjoyed a bottle of Chateau Meyney at a local restaurant and Bordeaux became his wine of choice. On that same trip he purchased as many bottles as possible of 1989 (his daughter’s birth year) and 1990 directly from the vineyards. A close acquaintance owned Lifford and, with Robert Parker as his guide, he purchased wine through them and began collecting. He had a 1200 bottle professional cellar built in his home and wines were stored there upon acquisition.
The tasting note for 1997 Joseph Phelps Vineyards Insignia is from Robert Parker and the score is 100 - An inky/plum/purple color is accompanied by a stunning bouquet of violets, charcoal, creme de cassis and a hint of toast. Prodigious when it hits the palate with a full-bodied expansiveness, there is not a hard edge to be found in the 1997, only velvety tannins, compelling depth and fruit intensity, and stunning purity. It is a perfect expression of Napa viticulture and wine that should continue to age effortlessly for two decades or more. An ideal warm, dry spring, June and July was followed by a surprisingly cool August that slowed down what looked to be rapid sugar accumulation in the grapes. September's temperatures were average to above average, without any potentially damaging heat spikes. This allowed the harvest to unfurl slowly, with no stress or imminent danger. For many Napa Cabernet Sauvignons, this resulted in one of the top vintages of the nineties. Consumers, observers and wine critics will undoubtedly argue for decades over which vintage of the nineties turned out to be the finest – 1991, 1992, 1994, 1995 or 1997. The 1997 Insignia is a 20,000-case blend of 83% Cabernet Sauvignon, 14% Merlot and 3% Petit Verdot, with 60% coming from estate vineyards and 40% from growers. The alcohol came in at 13.8%.