Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  • 1999
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • HH355
  • HH356
Lot 880

1999 Joseph Phelps Vineyards Insignia - 2 bottle(s)-750ml

Estimate: CAD$440 - 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 2 bottle(s) of 1999 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $440 - $600 with a reserve of $280.

Condition

Please note the following condition/s on 1999 Joseph Phelps Vineyards Insignia In Neck.

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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 prestigious collection comes to Iron Gate from a revered connoisseur and long-time wine collector. Lover of American wines, he spent many years sourcing them from some of the USA's finest properties and had them stored professionally at 55 Degrees in Napa Valley. Recognizing his cellar had grown far beyond what he could reasonably consume, he's brought the wines to auction to share with fellow enthusiasts.
The tasting note for 1999 Joseph Phelps Vineyards Insignia is from Robert Parker and the score is 91 - 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%.