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Tue, Jun 2, 2026 03:00PM EDT - Wed, Jun 3, 2026 03:00PM EDT
  2026-06-02 15:00:00 2026-06-03 15:00:00 America/New_York Iron Gate VIP Iron Gate VIP : Iron Gate Fine Wine Auction-Gold Club Only https://vip.irongateauctions.com/auctions/iron-gate-wine-vip/iron-gate-fine-wine-auction-gold-club-only-21738
We are pleased to present our final Buy It Now Auction before summer. Beginning June 2 at 3:00 PM EST and running until June 3 at 3:00 PM EST, a select group of Iron Gate’s top clients will have exclusive access to bid on exceptional lots from the world’s finest producers. Take this opportunity to secure your summer cellar essentials, featuring premier Champagne, Burgundy, and more.**Please note: A Buyer's premium of 17.5% is applicable to this sale.** Operated under license by Alberta Gaming Liquor and Cannabis and Alberta Auction license #823996.
Iron Gate Auctions (VIP) info@irongate.wine
  • 1998
  • 750ml
  • Australia
  • South Australia
  • Shiraz
  • Red
  • 100 Points
Buy Now Auction in Progress ... Currently on Lot
Lot 102

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 11797.

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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.

Purchased at auction and stored at 13°C in Vancouver, this collection belongs to a long-time friend and client of Iron Gate.
1998 Penfolds Grange Bin 95 from this lot has the following scores - Falstaff Magazine 100 points. This is the tasting note for 1998 Penfolds Grange Bin 95 from Robert Parker - with a score of 98+ points. 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.