wine faqs
Here are some of the frequently asked questions but should you need to know anything else, please get in touch.
The main risk is quite simply poor wine selection. A wine that is in high supply but low demand will generally not make for a good investment.
There is no minimum time frame, so you can sell your holdings whenever you like. However, we recommend that you hold onto your wine for a minimum of 3 to 5 years as it will become more scarce over time; thus increasing its value.
Your wine will be stored under your own name in your own bonded account. Therefore if anything happens to us, you would still own your wine and be able to sell it through any other reputable merchant or broker.
Your wine will be fully insured by the bonded warehouse. In the unlikely event that any damage is caused, you will be offered a replacement at the same value or the cash price for your wine.
We accept all major card providers including American Express, as well as bank transfer and cheques. We also employ the service of an FCA regulated escrow provider that operates a client holding account on our behalf. This means that client funds are held separately and securely during the sales process. Funds are only released to us once we have confirmed that the wine is ready and available for transfer or on order from a reputable supplier.
You have the same security as you would by owning a property. The wine is your asset, owned by you only and will retain an intrinsic value regardless of the economic climate.
Depending on the method of sale, timeframes can vary from a few days to a few weeks. Our cash/buyback offers are much quicker than a brokered sale through our client base or one of the various exchanges but even the latter is seldom seen to take any longer than a few weeks.
You can but we do not recommend it if you are only purchasing the wine as an investment. Wines that are being held for investment should always be kept in a specialist facility that offers a temperature controlled environment.
You can book an appointment to see your wine at any time. Alternatively you can request condition reports to save the journey and have the images sent to you by email.
Of course, we actively encourage clients to come and meet us at our office but if travel is a problem for you, we are happy to meet at a location that is convenient for you.
HOW CAN WE HELP?
BUYING
Looking to learn more about how and what to buy? We will be happy to discuss your requirements with you and hopefully get you started. Get in touch to find out more.
SELLING
Looking to sell your current wine collection? We can help you sell your wine or we could even be interested in buying your wine from you directly. Fill out our form and we will aim to get back to you within 48 hours.
MANAGEMENT
Looking for guidance with your pre-existing portfolio? We are happy to help even if your wine has been purchased elsewhere, so get in touch to see how we can assist.
CONTACT US
Got a question? Send us a message and we’ll respond as soon as possible.