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Iron Gate Auctions (VIP)
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IronGate Fine Wine Auction-Gold Club Only

Thu, Apr 10, 2025 03:00PM EDT - Fri, Apr 11, 2025 03:00PM EDT
  • 1998
  • 750ml
  • Australia
  • South Australia
  • Shiraz
  • Red
Lot 169

1998 Penfolds Grange Bin 95 - 2 bottle(s)-750ml

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This lot is comprised of 2 bottle(s) of 1998 Penfolds Grange Bin 95 - 750ml. Estimate for this lot is between $1300 - $1800 with a BUY IT NOW of $1550. The wine in this lot belongs to collection 11583.

Condition

Please note the following bottle conditions 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.

A Quebec-based consignor, he developed an interest in wine after dining at Bistro Champlain and enjoying bottles from its iconic cellar. He has been collecting for the past 15 years, during which he primarily purchased bottles through the SAQ, though he also added to his collection while traveling or at auction. His wine collection was carefully stored in his home cellar, maintained at a consistent 12°C with humidity levels between 45-49%.

The rating for 1998 Penfolds Grange Bin 95 is 98+ points from Robert Parker and the tasting note - A wine that flirts with perfection, and should rival the 1986 as one of the legendary Granges produced, the 1998 has one of the highest alcohol contents (nearly 15%) as well as one of the highest percentages of Shiraz in the blend (97%). Its stunning purple color is accompanied by exceptionally sweet aromas of blackberry liqueur intermixed with barbecue spices, an endearing, smoky earthiness, pepper, roasted meats, and coffee. Huge, massive, unctuously textured, and extraordinarily youthful, this impressive wine is a candidate for perfection. It should continue to evolve over the next three decades. Grange, Penfolds’ flagship wine, is, by many accounts, the most renowned and world-famous wine produced in Australia, and these six vintages from my cellar all acquitted themselves well. These wines are almost always Shiraz, but many vintages include less than 10% Cabernet Sauvignon, and there are cross-appellations blends from vineyards in the Barossa and McLaren Vale.