Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  • 1998
  • 750ml
  • France
  • Burgundy
  • Pinot Noir
  • Red
  • II2659
  • II2659
Lot 276

1998 Faiveley Nuits St Georges 1er Cru Clos de la Marechale - 1 bottle(s)-750ml

Estimate: CAD$180 - CAD$240

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 Faiveley Nuits St Georges 1er Cru Clos de la Marechale - 750ml. Estimate for this lot is between $180 - $240 with a reserve of $120. 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 for 1998 Faiveley Nuits St Georges 1er Cru Clos de la Marechale - The Faiveley family has been running this domain since 1825. In 2005 Erwan Faiveley succeeded his father in the management of the property which is one of the largest ones in Burgundy - 10 hectares of Grands Crus and nearly 25 hectares of Premier Crus, including several climates where it is the sole owner (Gevrey-Chambertin Premier Cru Clos des Issarts, Beaune Premier Cru Clos de l'Ecu and Clos des Cortons Faiveley Grand Cru). The vineyards remain very fragmented with an average size of 1 hectare in each appellation. In general, the wines of the domain are dense and fruity. The estate was the first in Burgundy to convert 120 hectares of vines to sustainable agriculture, having obtained the HVE (High Environmental Value)) certificate. Its conversion to organic practices started in 2022 and 2025 will be the first vintage to be certified organic.