Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Apr 30, 2024 10:00AM EDT - Tue, May 7, 2024 08:00PM EDT
  • 2002
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • OWC, 100 points
  • EE4717
  • EE4722
Lot 713

2002 Joseph Phelps Vineyards Insignia - 6 bottle(s)-750ml format

Estimate: CAD$1,800 - CAD$2,500

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 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $1800 - $2500 with a reserve of $1300. The wine in this lot belongs to collection 11477.

Available payment options

  • Visa
  • Mastercard
  • Amex
  • Diners
  • Discover
  • JCB
  • Union Pay

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 Toronto based consignor has been collecting over 40 years. He acquired all of his wine directly from the LCBO and most were OWCs. The bottles have been meticulously stored in perfect climate controlled conditions prior to coming to Iron Gate.

The wine in this lot has a score of 100 from Robert Parker and the following tasting note -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.