Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1998
  • 1500ml
  • France
  • Bordeaux
  • Medoc
  • Bordeaux Red Blend
  • Red
  • FF1873
  • FF1873
Lot 147

1998 Chateau D'Issan Margaux - 1 bottle(s)-1500ml

Estimate: CAD$220 - CAD$300

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 1998 Chateau D'Issan Margaux - 1500ml. Estimate for this lot is between $220 - $300 with a reserve of $140. The wine in this lot belongs to collection 10815.

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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 collector since university, more than 30 years ago, this consignor was on his school’s wine tasting team in England and was fortunate to have access to the university’s cellars to taste and learn about fine wines. He developed an appreciation for age worthy wines and began to purchase and carefully store them. Later in life he became friends with winemakers in the old and new world regions and was able to purchase highly allocated wines through them. He also buys wine from agents and the LCBO and occasionally from auction and all bottles go directly to storage at Iron Gate.
Producer notes - There are records of wine being produced at Château d'Issan since the 12th century - it was served at the marriage of Eleanor of Aquitaine and Henry Plantagenet in 1152. From this event, the château has its motto written in Latin on the label - Regum mensis aris que deorum (For the table of kings and the gods' altar). In the 16th century, the Chevalier d'Essenault, a member of the Bordeaux parliament, knocked down the old building and built the current château. The château's name, Issan, is a contraction of Essenault. The property was classified as a Margaux third growth in 1855. The Cruse family became the owners in 1945. The property has been managed by Emmanuel Cruse since 1998. In 2008 he was made the Grand Master of the Commanderie du Bontemps of Médoc, Graves, Sauternes and Barsac. Château d'Issan has a single block of vines, planted on excellent gravelly soil beside the Gironde. Typically for the appellation, the vines consist of 65% Cabernet Sauvignon and 35% Merlot, in biodynamics (without certification). As for the vines, they are cultivated sustainably, with treatments around seven to nine times a year to prevent disease.