Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  2024-09-17 10:00:00 2024-09-24 20:00:00 America/New_York Iron Gate Iron Gate : IronGate Fine Wine Auction https://bid.irongateauctions.com/auctions/iron-gate-wine/irongate-fine-wine-auction-14560
Iron Gate is proud to present our 21st Fine Wine Auction. From September 17-24, browse over 1150 lots of spectacular back vintage treasures and cellar favourites. The catalogue is dominated by incredible wines from California, alongside an impressive selection of vintage Bordeaux, fine Burgundy, Tuscan gems, and more. Time to re-stock after the summer break and jumpstart the fall auction season with Iron Gate!
Iron Gate Auctions info@irongate.wine
  • 2001
  • 750ml
  • Australia
  • South Australia
  • Shiraz
  • Red
  • HH1468
  • HH1470
Timed Auction in Progress ... Currently on Lot
Lot 795

2001 Penfolds Grange Bin 95 - 3 bottle(s)-750ml

Estimate: CAD$1,500 - CAD$2,100
Current Bid
CAD$1,100
$808.82

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 3 bottle(s) of 2001 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $1500 - $2100 with a reserve of $1100. The wine in this lot belongs to collection 11486.

Condition

Please note the following condition/s on 2001 Penfolds Grange Bin 95 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 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 tasting note for 2001 Penfolds Grange Bin 95 is from Robert Parker and the score is 98+ - It is always a treat to taste Australia’s most famous wine, Penfolds’ Grange cuvee (the word Hermitage has been dropped because of legal issues). The 2001 Grange is one of the few vintages of this cuvee to be composed of 100% Shiraz (the others being 1951, 1952, 1963, 1999, and 2000). Aged 17 months in 100% American oak, and tipping the scales at 14.5% alcohol, the 2001 is undeniably one of the top examples of this wine. At this stage, it appears to eclipse the 1998 and 1996. Inky/blue/purple to the rim, with a stunning perfume of blueberries, blackberries, chocolate, graphite, and earth, it boasts good acidity, huge tannins, magnificent concentration, and a multilayered, textured mouthfeel. It is a big, but impeccably well-balanced Shiraz that should shed some of its structure and tannin over the next 4-5 years, and be at its best between 2010-2030+.