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Are you considering selling a wine collection that you may have spent years creating? Collectors sell their wines for different reasons including:
Whatever the reason, selling your wine collection has never been easier or more profitable. Big Hammer Wines has trusted experts to assist you throughout the process. Our unique business model allows us to beat any competitor’s offer at the best price.
From live auctions to eBay, more options exist than ever for selling your wine. Because you want to maximize your return and ensure your wine is sold to someone who will appreciate it, you need to deal with someone trustworthy. Hiring a trusted wine expert saves time and should result in higher returns.
In the past, auction houses were the primary sellers of fine wines. They sold full collections, individual lots, or single bottles. More options exist today. You can sell:
Some companies may have a minimum required value to take on a collection. More extensive collections tend to be easier to sell. Online sales allow for smaller collections to be sold outright or on consignment.
The starting point is preparing an inventory list containing as much of the information below as possible:
Factors contributing to the value of wine in the market include vineyard sites, critical scores, thereputation of producer, classifications, vineyard and winemaking techniques, storage conditions, and the number of owners.
You can get an idea of the value of your collection by checking current pricing from such sites as Wine-Searcher.com. Reduce the online price by 25% to get a reasonable estimate.
Once you have your inventory list completed, send it to a company with wine experts who can properly evaluate your collection.
Deal only with companies that are transparent in providing all the details you need to make the right decision.
Historically, these companies sold large and expensive collections of highly in-demand wines. They tend to charge higher premiums, fees, or commissions. Determine if insurance and shipping costs accrue to the seller.
They operate both live and online auctions, and the processes and costs vary. Because sales depend on fixed timing based on the lots, the process can take months. Auction houses typically have a limited audience (a single group of buyers.)
You could get paid weeks after the auction ends, less any premium or other expenses.
Selling a wine collection by consignment could result in a quicker sale but returns vary. You have access to more buyers, and there are no time constraints.
They may or may not manage the logistics. No payments are made until the wine is sold through.
Some brokers sell retail and on consignment, so your payment will vary based on their choice.
These websites are public platforms that allow users to post wines for sale. Expenses are lower but sometimes buyers don’t pay, so you take on more risk.
If you choose to sell your wine through these platforms, understand all legal constraints. Private individuals cannot legally ship alcoholic beverages. If you choose this option, shipping is at your own risk.
You are not likely to get the best return selling on these platforms.
No hassle + transparency! No need to deal with auctions, consignment providers, or online shysters. Sell your wine directly to us at the best price.
We have a transparent, fast, and easy process, with no hidden or excess fees. We can help arrange logistics.
Big Hammer Wines is the #1 online wine retailer in California. Our passionate customers want unique, special, and limited wines.
You can trust us to evaluate your collection correctly, so you earn more. Unlike a wine auction, we provide estimates upfront, with no hidden fees or charges. Once your wine has been appraised and verified, we pay you immediately.
We deal with most styles of wine from the most iconic, high-value and in-demand, to collections that contain a range of wines. Our unsurpassed network of buyers means a ready market. And our direct to consumer business model ensures sellers get better returns.
Talk with us about swapping all or part of your collection for similarly priced but different wines.
Big Hammer Wines provides a better option to sell your wine, no matter your reason. Get started now selling your wine collection.
Contact us today
Let us know what you need, and we’ll get back with you quickly. No pressure. Call 1-619-567-9244.
We look forward to helping you earn more when selling your wine collection.