Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Feb 6, 2024 10:00AM EST - Tue, Feb 13, 2024 08:00PM EST
  • 2002
  • 750ml
  • France
  • Bordeaux
  • Medoc
  • Margaux
  • Bordeaux Red Blend
  • Red
  • EE2069
  • EE2074
Lot 197

2002 Chateau Palmer Margaux - 750ml - 6 bottle(s)

Estimate: CAD$1,600 - CAD$2,300

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 6 bottle(s) of 2002 Chateau Palmer Margaux - 750ml. Estimate for this lot is between $1600 - $2300 with a reserve of $1200. The bottles in this lot come from collection 11415.

Condition

Bordeaux In Neck

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.

These wines are from a portion of the cellar of an esteemed Private Club in Toronto. All were purchased on release and stored in a pristine temperature controlled cellar.
The score for 2002 Chateau Palmer Margaux is 94 from Robert Parker and the tasting note - A successful wine for the vintage, this blend of 52% Cabernet Sauvignon, 40% Merlot, and 8% Petit Verdot boasts complex notes of menthol, black currants, plums, licorice, and a hint of cappuccino in its stunning aromatics. Dense, medium to full-bodied, with high levels of tannin in a big, full-bodied style (much in the spirit of such classic Bordeaux vintages as 1966, 1986, and 1996), this wine possesses superb purity and serious length, but should be purchased only by those with considerable patience and a good, cold cellar, since it will need plenty of time.