Iron Gate Auctions
Timed Auction

IronGate Fine Wine Auction

Tue, Sep 17, 2024 10:00AM EDT - Tue, Sep 24, 2024 08:00PM EDT
  • 750ml
  • USA
  • California
  • North Coast
  • Napa County
  • Meritage
  • Red
  • Verticals
  • HH366
  • HH371
Lot 862

Vertical Joseph Phelps Insignia 1994-1996 - 6 bottle(s)-750ml

Estimate: CAD$1,900 - CAD$2,700

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 Vertical Joseph Phelps Insignia 1994-1996 - 750ml. Estimate for this lot is between $1900 - $2700 with a reserve of $1400. In this lot 2 bottles of 1994 Joseph Phelps Vineyards Insignia (750ml), 2 bottles of 1995 Joseph Phelps Vineyards Insignia (750ml), 2 bottles of 1996 Joseph Phelps Vineyards Insignia (750ml).

Condition

Please note the following condition/s on all bottles in this lot - In Neck.

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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.

This prestigious collection comes to Iron Gate from a revered connoisseur and long-time wine collector. Lover of American wines, he spent many years sourcing them from some of the USA's finest properties and had them stored professionally at 55 Degrees in Napa Valley. Recognizing his cellar had grown far beyond what he could reasonably consume, he's brought the wines to auction to share with fellow enthusiasts.
The tasting note for 1994 Joseph Phelps Vineyards Insignia is from Robert Parker and the score is 98 - The 1994 boasts an inky/purple color along with a glorious nose of black raspberries, blackberries and black currants that is still somewhat primary despite nearly 18 years in bottle. The Phelps team kept this cuvee in 100% new French oak for 28 months. Its magnificent structure, intensity and purity of fruit, ripeness, balance combined with authoritative power and the magnetic appeal of this full-bodied, Bordeaux-styled wine are extraordinary. This amazing effort is just coming into its best years, and should drink well for at least another 15-20 years.The 1994 vintage has long been considered to be one of Napa Valley's finest years over the last three decades. A bone-chilling spring, a cooler than normal early summer, and a gentle, increasingly warm August through early October resulted in small berries that resulted in concentrated, pure wines. There were 8,000 cases of the 1994 Insignia made from a blend of 88% Cabernet Sauvignon, 10% Merlot and 2% Cabernet Franc (69% from estate vineyards and 31% from growers). Still in its adolescence, the remarkable Insignia is one of many stunning Cabernet Sauvignon-based wines produced in Napa in 1994.