Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Jun 11, 2024 10:00AM EDT - Tue, Jun 18, 2024 08:00PM EDT
  • 1999
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • FF2080
  • FF2080
Lot 880

1999 Joseph Phelps Vineyards Insignia - 1 bottle(s)-750ml

Estimate: CAD$280 - CAD$400

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 1999 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $280 - $400 with a reserve of $200. The wine in this lot belongs to collection 11486.

Condition

Please note the following conditions on the bottle/s in this lot In Neck on 1999 Joseph Phelps Vineyards Insignia.

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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 parcel of wine and spirits was brought to us by a long-time aficionado, who began collecting wine in 1981. His interest in collecting began during his career, where every successful business closure was celebrated with fine wine. His wines and spirits were purchased through the SAQ, LCBO, and US independent retailers, and were stored in his temperature and humidity-controlled home cellar before coming to auction.
The score for 1999 Joseph Phelps Vineyards Insignia is 91 from Robert Parker and the tasting note - The 1999 possesses a healthy deep ruby/purple color along with an open-knit, sweet, candied nose of red and black currants, loamy soil, underbrush and forest floor as well as a touch of oak. This medium-bodied, fresh, lively Insignia exhibits tell-tale acids with much of its tannin already resolved. It is an outstanding Insignia, but not one of the estate's legendary efforts. It should keep for ten more years. I was in the minority thinking the 1999 vintage was good rather than special. The weather consisted of a mild summer, with a serious heat spike in July, and a relatively long hang-time that resulted in grapes with high acids as well as powerful tannins. The latter two issues have always concerned me, making me wonder if the fruit would crack and fade away before the tannins melted. A blend of 71% Cabernet Sauvignon, 21% Merlot and the rest Petit Verdot, Malbec and Cabernet Franc (79% from estate vineyards and 21% from growers), 15,000 cases were produced and the alcohol reached 14%.