Wine sold at auction over the past decade has generated some of the largest sales of wine ever!
With record breaking portfolios going under the hammer almost annually it is easy to see why wine is creating exponentially more interest in the marketplace. This has been compounded in recent years with iconic figures in Society selling their portfolios for six and even seven figure sums.
Examples of collections sold at auction;
Sir Andrew Lloyd Webber – Fetched £3.5m at auction in china (2011)
Sir Alex Ferguson – Fetched £2.3m at auction in Hong-Kong (2014)
Having seen the potential that can be achieved at action it is worth noting that in order to do this VAT and Import Duty must be paid on each and every case you wish to sell. As such we rarely promote this method of sale for our clients. However it is your wine and if you wish to take this approach then we will assist you where possible using our industry contacts.
Some of the most famous auction houses are Christie's, Bonhams and Sotheby's with auction houses across the globe. Note that these auction houses do charge in order to use their services and this additional cost must be taken into account.