Monday, December 01, 2008                 Register

VinoCellar.com Wine Forums
Selling advice needed
Last Post 08-01-2007 09:12 PM byMTPockets. 5 Replies.
AddThis - Bookmarking and Sharing ButtonPrinter Friendly
Sort:
PrevPrev NextNext
You are not authorized to post a reply.
AuthorMessages
Randy Wigginton  Send Private Message
Master of Wine
Master of Wine
Posts: 10871

--
07-30-2007 03:27 PM  
This is not the usual "Wine commune or winebid.com" question... though information on those is always useful.

I have a bottle of 1948 Petrus that I acquired from 1855.com when they were starting up; it was early in the dot bomb days, and I won an auction for the wine.  At that time, I paid $700 for the bottle.  I've decided that I will never open the bottle, and considering finances are currently tight I would like to sell it.  Prices on Wine-searcher range from $2095 to $9500 for a bottle.  Question is, how do I maximize my return on this single bottle?
JimmyV  Send Private Message
Central Connecticut
Avatar
Wine Connoisseur
Wine Connoisseur
Posts: 5222

--
07-30-2007 04:49 PM  
Not necessarily guaranteed to "maximize", but should avoid "minimizing" your return...Sell it yourself but assign a Reserve price. Even though doing so will up your cost at the on-line auction sites, it is a small price to pay given the likely return.  The percentages charged at the big time auction houses will cost you a lot of dough if you go that route.
Beta testing a new signature.
Daniel Bailey  Send Private Message
Barrel Racker
Barrel Racker
Posts: 1534

--
07-30-2007 05:04 PM  
Find someone who is going to sell off a fair amount of wine through a traditional auction house and then piggyback your sale with his or hers.
Eric White  Send Private Message
San Ramon, CA
Avatar
Advanced Sommelier
Advanced Sommelier
Posts: 9559

--
07-30-2007 06:43 PM  
Randy, perhaps through a local wine shop with whom you have a good relationship with? I know many wineshops often consign wines. I also have one in mind, I'll PM you.
2008: the end of an error
Drew  Send Private Message
Sammamish, WA
Avatar
Wine Bottler
Wine Bottler
Posts: 3355

--
07-30-2007 08:26 PM  
I'd give Bert a call... he should be able to help.
MTPockets  Send Private Message
Barrel Racker
Barrel Racker
Posts: 1837

--
08-01-2007 09:12 PM  
I agree with Dan.  The piggyback approach should get you more attention and has the potential to lower your expenses if premiums are negotiated up front.
You are not authorized to post a reply.

Active Forums 4.1

Related Links

VinoCellar Updates

 


Who's Online
MembershipMembership:
Latest New UserLatest:karlmarvin
New TodayNew Today:0
New YesterdayNew Yesterday:1
User CountOverall:2113

People OnlinePeople Online:
VisitorsVisitors:434
MembersMembers:1
TotalTotal:435


Where Are They
Members Where Are They:
Jeremy Charmak : Wine Forums
Anonymous User [18] : Home
Anonymous User [408] : Wine Forums
Anonymous User [5] : My Messages
Anonymous User [3] : FeedBack Center

Privacy Statement    |    Terms Of UsePage generated in 0.671875 seconds.    |    Copyright 2002-2008 by Revlus, Inc.