IronGate Fine Wine Auction
Tue, Apr 30, 2024 10:00AM EDT - Tue, May 7, 2024 08:00PM EDT
Timed Auction
Lot 674
2001 Penfolds Grange Bin 95 - 6 bottle(s)-750ml format
Estimate: CAD$3,600 - CAD$5,100
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 6 bottle(s) of 2001 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $3600 - $5100 with a reserve of $2800. The wine in this lot belongs to collection 11473.
Please note the following bottle conditions in this lot In Neck on 2001 Penfolds Grange Bin 95
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.
A Toronto based consignor who began collecting wine in his early 20s. He worked in fine dining establishments and was able to meet wine merchants and fell in love with it. He sourced his wine through the LCBO and stored it at optimum cellar temperature of 54-to-57-degrees Fahrenheit.
The wine in this lot has a score of 98+ from Robert Parker and the following tasting note -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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