Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1997
  • 750ml
  • USA
  • California
  • North Coast
  • Napa Valley
  • Cabernet Sauvignon
  • Red
  • FF2357
  • FF2358
Lot 868

1997 Lokoya Cabernet Sauvignon Howell Mountain - 2 bottle(s)-750ml

Estimate: CAD$680 - CAD$1,000

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 1997 Lokoya Cabernet Sauvignon Howell Mountain - 750ml. Estimate for this lot is between $680 - $1000 with a reserve of $480. The wine in this lot belongs to collection 11489.

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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 1997 Lokoya Cabernet Sauvignon Howell Mountain is 93 from Robert Parker and the tasting note - Mineral, blueberry, plum, and earthy characteristics can be found in the dark purple-colored 1997 Cabernet Sauvignon Howell Mountain (700 cases). Soft in the mouth, but full-bodied, dense, and rich, it is an immensely impressive effort.