Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Apr 30, 2024 10:00AM EDT - Tue, May 7, 2024 08:00PM EDT
  • 2001
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • EE3831
  • EE3836
Lot 81

2001 Chateau Palmer Margaux - 6 bottle(s)-750ml format

Estimate: CAD$2,000 - CAD$3,000

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 6 bottle(s) of 2001 Chateau Palmer Margaux - 750ml. Estimate for this lot is between $2000 - $3000 with a reserve of $1600. The wine in this lot belongs to collection 11415.

Condition

Please note the following bottle conditions in this lot Bordeaux In Neck on 2001 Chateau Palmer Margaux

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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.

These wines are from a portion of the cellar of an esteemed Private Club in Toronto. All were purchased on release and stored in a pristine temperature controlled cellar.
The wine in this lot has a score of 90 from Robert Parker and the following tasting note -A virile, muscular effort for this estate, the 2001 Palmer (a blend of 51% Cabernet Sauvignon, 44% Merlot, and 5% Petit Verdot) exhibits a saturated purple color to the rim. Although closed and backward, it is surprisingly powerful, layered, and formidably endowed, revealing hints of charcoal, black fruits, earth, and underbrush. There is a lot going on in this offering, but it needs 5-7 years of cellaring to resolve its high tannin.