Selling your wine cellar: how to estimate the price of a wine?

by Didier frayssou
 

Whether you’re an individual or a professional, a collector or simply new to wine, you may one day want to part with some of the grands crus you own and resell your wines online.

Selling your wine cellar, or at least part of it, can be a good option: you may be able to make a substantial profit on the sale of your bottles. However, determining a wine’s value or market price, or getting your wine cellar valued, is not always easy.

When you want to estimate a wine’s price, whether to sell your wine cellar or simply to understand the value of your collection, you might assume its value depends only on its quality and age. But today, much like the art market, a wine’s price is shaped by many factors:

-       The producer’s reputation and any scarcity of their wines,
-       The reputation of the wine itself (its cuvée or appellation) and its vintage,
-       The score or rating given by a respected critic,
-       Demand, particularly when it is global and driven by the preceding factors.

You have several options for valuing your wines:
-       If you know wine well, you can consult specialist sites such as Wine-Searcher, which provide up-to-date market prices. However, these prices are not always representative, particularly for rare and old wines, which require in-depth market knowledge to value your bottles accurately.
-       Auctions are another way to establish the price of your older vintages. But take care: although an auctioneer can value your wines accurately, you should bear in mind that, if your grands crus find a buyer—which is not always the case—you will receive only 60–70% of the estimated price. Seller’s fees can be as high as 30%, while buyer’s fees are around 20%. You will also bear the full cost of returning any wines that do not sell.
-       Your best option is to turn to specialists in buying and selling older wines and rare vins et millésimes, such as Vins & Millésimes. Drawing on our expertise, we can value your wines within 24 hours and make you a firm offer on highly competitive market terms, with immediate payment to purchase your wine cellar. You can be confident that your wines have been valued accurately while avoiding the stress and uncertainty of an auction: we take care of everything.

Getting your bottles valued couldn’t be simpler: send us a list of your wines and we’ll get back to you as soon as possible. By email: [email protected] By phone: +33 (0)1 46 25 98 47 Through our contact form: https://www.vinsetmillesimes.com/fr/contactez-nous

 

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