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

Whether you are a private individual or professional, collector or simple novice, you may one day wish to part with some of the fine wines in your possession and sell your wines online.

Selling your cellar, or at least part of it, can prove to be a good solution: you will be able to benefit from substantial capital gains on the sale of your bottles. However, knowing the value or rating of a wine, obtaining an estimate of your wine cellar is not necessarily an easy task.

When one wants to estimate the price of a wine, with the objective of selling their cellar or simply to better know their assets, one might assume that its value depends only on its quality and age. However, today, like the art market, many elements come together to constitute the price of a wine:

- the producer's reputation and the potential rarity of their production,
- The reputation of the wine in question (its cuvée or appellation) and its vintage,
- The score or rating given to it by a renowned critic,
- The demand, particularly when it is global and results from the aforementioned criteria.

Several options are then available to you for estimating your wines:
- If you are knowledgeable, you can easily turn to specialized sites such as Wine Searcher, which offer updated ratings. However, these are not always significant, particularly for rare and old wines that require in-depth market knowledge for a correct estimation of your bottles' price.
- Auctions are also an option for obtaining the price of your old vintages. However, be careful: while the auctioneer is able to make a correct estimate of your wines, you must keep in mind that your fine wines, if they find a buyer (which is not always the case), will only bring you between 60 and 70% of the estimated price. Indeed, a seller's commission is applied that can reach up to 30% and a buyer's commission of around 20%. Furthermore, the return of wines that do not find a buyer will always be entirely at your expense.
- The best solution available to you is to turn to specialists in the buying/selling of old wines and rare vintages such as Vins & Millésimes. Indeed, through our expertise, we are able to provide a quotation for your wines within 24 hours and offer you a firm offer at the best market conditions with cash payment in order to purchase your cellar. You will thus be assured of the correct estimation of your wines' value and will spare yourself the stress and uncertainties of an auction: we take care of everything.

To have your bottles valued, nothing could be simpler: send us the list of your wines and we will contact you as soon as possible: By email: [email protected] By phone: +33 (0)1 46 59 08 20 Via our contact form: http://old.vinsetmillesimes.com/fr/contactez-nous