Iron Gate Auction Platform Tutorial
Press Release – Canada’s First Fine Wine Auction By Iron Gate Auctions
Wine industry’s shift to digital poised to put Canada on the Fine Wine Auction map in 2021
IronGateAuctions.com commercial platform provides wine collectors access to rare vintages and a point of entry for new, energized buyers
March 4, 2021 [Calgary, Alta.]: The Covid-19 pandemic has accelerated a digital shift for the fine wine auction industry, with international auction houses reporting strong online sales results in 2020 marked by new buyers driving significant growth. Until now, Canada hasn’t registered on the fine wine auction map, but with the launch of Canada’s first national fine wine auction by Iron Gate Auctions, Canadians will finally gain broader access to vintage wine and rare spirits from collections for sale in Canada.
Frequently Asked Questions
Q: Do I need a credit card to bid?
A: Yes, we authorize your credit card for $1 in order to place bids to ensure that it is yours and authorized. If you would rather wire the funds following the auction, please let us know and we’ll make arrangements so that your card is not automatically charged.
Q: How do I know the provenance of these wines and how they’ve been stored?
A: When we do larger collections from the same consignor we’ll often add a write up in the “Provenance” section of each wine. In some cases there’s only a couple bottles per consignor so we don’t go to that length. Each and every bottle however has been screened to come from the proper storage conditions, often from clients we have known in our 17 years in the wine storage business. We go to great lengths to make sure the collection has been properly taken care of before we accept it.
Q: If I live in another country or province, will you ship to me?
A: Iron Gate Auctions does not ship but has contracted the responsibility of that to a separate shipping company who will contact you immediately following the auction. It is your responsibility to know of any restrictions, taxes or duties that might be applicable in your country or province and manage those directly.
Q: Why don’t all the bids close at the same time instead of over 2 hours?
A: Staggered bidding is employed to make it easier for people who have numerous lots their bidding on. Historically, 30% of bidding can happen within the last 3 hours of an auction and often times a flurry of bidding in the last 15 minutes. If everything closes at the same time, and you’re bidding on multiple lots, this would be very difficult to manage.
Q: Why aren’t all the condition details written in the description
A: Condition details are necessary when the auction house uses a generic photo of a wine or no photo at all. Iron Gate goes to great lengths to provide high-definition photos of each and every bottle so you can zoom in and see exact label conditions and ullage. If you want further information on a bottle, just ask!
Q: What wines do you accept for consignment if I have some to sell
A: We accept all types of wine providing the provenance is sound, the quality is good, the drinkability is solid and the value is reasonable. Please contact [email protected] with a list of wine you’re considering and we’ll provide you with our assistance.
Four Unicorns From The Previous TSO Charity Wine and Spirits Auction
Press Release – Virtual charity wine auctions poised to mitigate COVID-19 fundraising challenges
IronGateAuctions.com launches Nov. 17; helps charities increase returns compared to live auctions
Monday, Nov. 2 (Toronto, Ont.): On Nov. 17, Toronto-based Iron Gate Private Wine Management will launch IronGateAuctions.com, one of Canada’s first online wine auction platforms that will give charities more flexibility to fundraise while in-person events are cancelled due to COVID-19. And, as charities continue to experience pandemic-related revenue shortfalls, IronGateAuctions.com is designed to help increase their net return compared to traditional live charity auctions.
