Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Mar 18, 2025 10:00AM EDT - Tue, Mar 25, 2025 08:00PM EDT
  • 2001
  • 750ml
  • Australia
  • South Australia
  • Barossa
  • Barossa Valley
  • Shiraz
  • Red
Lot 894

2001 Yalumba The Octavius Shiraz Barossa - 2 bottle(s)-750ml

Estimate: CAD$240 - CAD$320

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 Yalumba The Octavius Shiraz Barossa - 750ml. Estimate for this lot is between $240 - $320 with a reserve of $160. The wine in this lot belongs to collection 11473.

Condition

Please note the following bottle conditions in this lot - 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.

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 rating for 2001 Yalumba The Octavius Shiraz Barossa is 98 points from Robert Parker and the tasting note - Produced from yields of 1.2 tons of fruit per acre, the 2001 Shiraz Octavius spent 20 months in both French and American oak. A blockbuster, structured Shiraz with oodles of personality/soul, it offers a sumptuous bouquet as well as flavors of chocolate, white flowers, blackberry and cassis liqueur, prunes, figs, roasted meats, and burning embers. This full-bodied, hugely extracted, monster Shiraz has amazing balance and symmetry for its large-scaled style. It needs another 1-3 years of cellaring, and should last for 12-20 years, based on the longevity of some earlier examples. For instance, a gorgeous 1994 Octavius, drunk in 2004, had a decade of life remaining. A 1966 Shiraz/Cabernet The Signature tasted next to it, was still in spectacular shape.