Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  • 2003
  • 1500ml
  • Australia
  • South Australia
  • Shiraz
  • Red
  • HH320
  • HH320
Lot 801

2003 Penfolds Grange Bin 95 - 1 bottle(s)-1500ml

Estimate: CAD$1,100 - CAD$1,600

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 1 bottle(s) of 2003 Penfolds Grange Bin 95 - 1500ml. Estimate for this lot is between $1100 - $1600 with a reserve of $800. The wine in this lot belongs to collection 11502.

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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.

An Ontario based consignor who became interested in fine wine while working in F&B at a private golf course in 2007. He then worked for a wine importer/retailer and purchased wine through them as well as on his travels. Bottles were stored in a Vintage Keeper. He finds himself not drinking as much as he used to and is hoping his bottles end up with someone who enjoys fine wine as much as he does.
The tasting note for 2003 Penfolds Grange Bin 95 is from Robert Parker and the score is 97 - Containing just a dollop of 4.1% Cabernet Sauvignon, the 2005 Grange is about 85%+ Barossa fruit with the remaining proportions coming from McLaren vale and Coonawarra. It was aged for 18 months in 100% new American oak hogsheads. The nose begins a bit animal with some smoked game, mincemeat and bacon notes emerging over the freshly crushed, sun-warmed blackberries, black currant cordial, earth, black truffles, anise and allspice. Rich and full with very firm very fine tannins and very crisp acid, it gives a long finish layered with coffee, mincemeat and toast. Drink it 2013 to 2025+. With a lot of changes happening around the Foster’s Group, it is business as usual at Penfolds…which seems to operate within its own world. But this is no small world. The vineyard holdings here are vast and the connections with growers go back generations. Chief winemaker Peter Gago is the very well spoken front-man for the production team backed-up Kym Schroeter in charge of the whites and Steve Lienert crafting some very fine, consistent and sometimes inspired reds. If Champagne is all about the art of blending, then Penfolds is the Champagne of Australian wine. Those that think large companies producing wines that emphasize blending can’t make great wines need to think about the Champagne model or simply try some of Penfolds top wines to become believers. That said – check out their recent single vineyard release - the very special 2004 Block 42 Kalimna Cabernet Sauvignon, the first release of a wine made purely from this 100+ year old single block (perhaps the oldest block of Cabernet in the world?) since 1996.