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How To Sell Wine Collection For Bigger Profit

By Marisol Guy


If you are a collector and hobbyist and you need that extra cash for the holidays to enjoy yourself or to take a trip. You can sell wine collection that you have kept for years to get extra cash. It is important that you select the right dealer that will handle the whole transaction for you from start to finish. The process is not just as simple as bringing your items to the market place. There are procedures that have to be done to get the right price and the service you need to dispose of your stocks.

Make a list of the wines you would want to sell and include complete information of each bottle. The description should include the producer, variety, vintage and bottle size. The quantity you want to sell will also help in the disposal process as it will affect the price you will ask for. Do not include varieties that have no demand which is your everyday choice to drink with dinner.

When the list is sent out to the buyer, trustworthiness on your part will go a long way to establish trust with both parties. If you think there are some minor problems like seepage, it is best that you include it in your list description. As soon as it is done, send the list immediately to your broker you have chosen to do the transaction.

An appraiser will tell you approximately what your wine is worth in the existing market. Charges on shipping will be to your account and has to be taken into consideration. A few days are needed for the prices to be set and for you to have a clear picture of what your selections are worth.

When the list of prices has been sent back to you, a thorough study should be the next if you want to peddle it or not. If you agree on the pricing, inform the broker so he will tell you where to send the products. The brokerage will inform you who the buyer will be and where to ship the goods for inspection and clearing.

In the market of selling vintage collections, be ready for your items to be inspected thoroughly for spoilage. The distributor will go through your list and will inform you about any issues involved. If there are some problems, the distributor will contact you and will try to reach an amicable solution on the bottles in question. If not the affected bottles will be returned to you.

The buyer will consolidate what the stocks are and will pay you within 30 days after a final discussion with you. You should get a higher price from them instead of dealing straight with the auction house. The auction houses pay after a wait of more than ten weeks. Commissions to the broker will be taken from the sale and the net proceeds sent to you by the distributor.

It might be the perfect time for you to sell wine collection and turn those bottles to cash. There are many avenues to move your items and it would be in your best interest to choose the right provider and company to do what you like. Reliability should be a standard basis for you to choose from the numerous providers out there.




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