IronGate Fine Wine Auction
Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
Timed Auction
- 2001
- 750ml
- Australia
- South Australia
- Shiraz
- Red
- HH1468
- HH1470
Lot 795
2001 Penfolds Grange Bin 95 - 3 bottle(s)-750ml
Estimate: CAD$1,500 - CAD$2,100
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.
Please note the following condition/s on 2001 Penfolds Grange Bin 95 In Neck.
Condition
Available payment options
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+.
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