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
  • France
  • Champagne
  • White
  • FF1000
  • FF1000
Lot 420

1998 Krug Brut Champagne - 1 bottle(s)-750ml format

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 1998 Krug Brut Champagne - 750ml. Estimate for this lot is between $420 - $600 with a reserve of $300. The wine in this lot belongs to collection 11467.

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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 95 from Robert Parker and the following tasting note -Krug's 1998 Brut Vintage is an excellent choice for drinking today, as the classic Krug style is rich, alive and totally vivid. Honey, almonds, smoke, graphite and dried apricots are some of the many aromas and flavors found in this rich, enveloping Champagne. A wine of texture and depth, the 1998 impresses for its vinous personality and terrific balance. Lively veins of underlying acidity suggest the 1998 will drink well for many years to follow. This is one of the best bottles of the 1998 I have ever tasted.