Iron Gate Auctions
Timed Auction

Iron Gate Fine Wine Auction

Tue, Jun 16, 2026 10:00AM EDT - Tue, Jun 23, 2026 08:00PM EDT
  2026-06-16 10:00:00 2026-06-23 20:00:00 America/New_York Iron Gate Iron Gate : Iron Gate Fine Wine Auction https://bid.irongateauctions.com/auctions/iron-gate-wine/iron-gate-fine-wine-auction-21731
The final auction of the half-year is one for the books, over __ lots spanning three centuries of winemaking, the oldest bottle dating back to 1875. We’re featuring over 100 lots of incredible, large-format wines from Germany, Champagne, Bordeaux, and beyond. Top up your cellar for the summer, this is the catalogue you don't want to miss. **Please note: A Buyer's premium of 19.5% is applicable to this sale.** Operated under license by Alberta Gaming Liquor and Cannabis and Alberta Auction license #824146.
Iron Gate Auctions info@irongate.wine
  • 2002
  • Red
  • Meritage
  • Napa County
  • North Coast
  • California
  • USA
  • 750ml
  • 100 points
Lot 1156

2002 Joseph Phelps Vineyards Insignia - 3 bottle(s)-750ml

Estimate: CAD$1,200 - CAD$1,700
Starting Bid
CAD$850
$611.51

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 2002 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $1200 - $1700 with a reserve of $850. The wine in this lot belongs to collection 11410.

Condition

Please note the following conditions in this lot - In Neck.

Available payment options

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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 30 days of auction close. Thereafter, your winnings will be subject to a $250 handling, administration and storage fee, including a subsequent $5.50/case/month and $1.50 per bottle fee for inventory services. If no contact has been made within two years, auction winnings will be considered abandoned.

 

Please note that auction winnings from earlier auctions cannot be combined with current or future winnings for shipping purposes. Each auction's items will be processed and shipped separately.

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.

Property of a private Ontario collector. He established his collection in 2020, initially inspired by the wines of Châteauneuf-du-Pape and the Rhône Valley. The bottles were primarily sourced through the LCBO and Iron Gate Auctions, with select additions from Zyn in Alberta. The collection was stored at Dymon Wine Cellar prior to moving Iron Gate's climate-controlled facility.
2002 Joseph Phelps Vineyards Insignia from this lot has the following scores - The Wine Advocate 100 points. This is the tasting note for 2002 Joseph Phelps Vineyards Insignia from Robert Parker - with a score of 100 points. The 2002 boasts an inky/purple color along with notes of graphite, violets, blackberries, creme de cassis and hints of charcoal and barbecue in addition to a full-bodied, multilayered mouthfeel that builds incrementally with great purity, staggering fruit concentration, and a long, velvety, 50+-second finish. This prodigious effort should continue to drink well for 20+ years. One of my all-time favorite vintages for Napa Cabernet Sauvignon, 2002 was warmer overall than 2001, but was cooler in May and throughout the summer. Unusually foggy conditions were apparent in July and August, and by September, when a warming trend began, the weather became remarkably dry and beautiful. That was followed by cool weather in early October, which allowed the grapes to be harvested under textbook conditions. Napa’s 2002 Cabernet Sauvignon-based wines tend to be flamboyant, All-American, juicy and extroverted with relatively high alcohols. There are 15,000 cases of the 2002 Insignia, a blend of 78% Cabernet Sauvignon, 14% Merlot, 7% Petit Verdot and 1% Malbec that hit 14.4% alcohol. Eighty-five percent of the fruit came from the estate vineyards and the balance from growers. I wish I had purchased more of this spectacular wine for my personal collection.