Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Feb 6, 2024 10:00AM EST - Tue, Feb 13, 2024 08:00PM EST
  • 2005
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • DD4664
  • DD4665
Lot 1081

2005 Joseph Phelps Vineyards Insignia - 750ml - 2 bottle(s)

Estimate: CAD$440 - CAD$650

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 2005 Joseph Phelps Vineyards Insignia - 750ml. Estimate for this lot is between $440 - $650 with a reserve of $320. The bottles in this lot come from collection 11136.

Condition

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.

A passionate Calgary collector of primarily US wine. All purchased on release and stored in a 600 bottle Vintage Keeper in his home. Wine is being sold as the collector is moving to Napa, CA and does not want the expense of bringing wine into the US.
The score for 2005 Joseph Phelps Vineyards Insignia is 96 from Robert Parker and the tasting note - The 2005 Proprietary Red Insignia (14.5% alcohol and typically aged 24 months in new French oak) is a blend of 92% Cabernet Sauvignon, 7% Petit Verdot and 1% Merlot. Juicy, fresh and vibrant, with a dense, ruby/purple color, and a classic nose of licorice and crème de cassis as well as hints of new saddle leather and earth, the wine is a brilliant blend that after ten years shows no evidence of the 24 months it spent in new French oak. Full-bodied, opulent, but still youthful, this wine looks set for another 25-30 years of aging. The wine’s best elements are its finesse and elegance allied to great richness and intensity. This wine is accessible now, as most Insignias tend to be, but much of its greatness will be revealed over the next two decades.