Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Apr 30, 2024 10:00AM EDT - Tue, May 7, 2024 08:00PM EDT
  • 1998
  • 750ml
  • Italy
  • Veneto
  • Valpolicella
  • Corvina Blend
  • Red
  • FF1021
  • FF1021
Lot 631

1998 Giuseppe Quintarelli Amarone della Valpolicella Classico - 1 bottle(s)-750ml format

Estimate: CAD$550 - CAD$800

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 Giuseppe Quintarelli Amarone della Valpolicella Classico - 750ml. Estimate for this lot is between $550 - $800 with a reserve of $420. The wine in this lot belongs to collection 11467.

Condition

Please note the following bottle conditions in this lot 3 cm on 1998 Giuseppe Quintarelli Amarone della Valpolicella Classico

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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 avid and knowledgeable Edmonton-based collector has been cellaring high quality wines for several decades. The wines were typically purchased in multiple quantities (3, 6, 12 bottles) from trusted local fine wine retail shops but over time were also sourced from the SAQ, LCBO, during US travel, or direct from US wineries. To round out the collection and ‘fill holes’, highly collectable bottles of interest were occasionally purchased at auction in Canada where provenance was assured. The wines are from regions around the world and were stored after purchase in monitored temperature (54-57 °C) and humidity-controlled wine fridges. The size of the collection has grown to a point where, although not initially purchased for resale, the time has come to ‘thin’ out multiple bottle quantities for others to enjoy.

The wine in this lot has a score of 93 from Robert Parker and the following tasting note -The 1998 Amarone reveals a gorgeous nose along with ripe red cherries, cough syrup, spices and minerals on a medium-bodied frame. Made in a sweet, inviting style, it offers excellent length as well as purity in a very classic style. It also appears to have enough fruit to compensate for the volatile acidity which is present. One of my regrets is not having spent time with Giuseppe Quintarelli when he was in his prime. His 1983 Recioto remains one of the greatest wines I have ever tasted. Today the estate is run by Quintarelli’s numerous children and grandchildren. It’s not too hard to observe what can only be called a lack of direction, not to mention a cavalier attitude that is a clear sign of an estate that finds it easier to coast on its reputation rather than continue to strive towards excellence. While many of the current releases are outstanding, the future appears much less certain. However, the best wines are phenomenal and are likely to remain objects of desire among the world’s most well-heeled collectors. Pricing is astronomical even at the cellar door, where virtually all of the wines in this article were purchased.