IronGate Fine Wine Auction
Tue, Feb 6, 2024 10:00AM EST - Tue, Feb 13, 2024 08:00PM EST
Timed Auction
- 2001
- 750ml
- Australia
- South Australia
- Shiraz
- Red
- EE3515
- EE3516
Lot 963
2001 Penfolds Grange Bin 95 - 750ml - 2 bottle(s)
Estimate: CAD$950 - CAD$1,300
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 2001 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $950 - $1300 with a reserve of $750. The bottles in this lot come from collection 10232.
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 Ontario collector was one of Iron Gate’s very first storage clients. He purchased directly through the LCBO and local agents over the years, and many of the bottles have not left our temperature and humidity controlled, subterranean vault since they arrived
The score for 2001 Penfolds Grange Bin 95 is 98+ from Robert Parker and the 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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