At Twelve-By-Seventy-Five, it is important for our partners to know what our charges are, so that you can make an informed decision if this is the right market for you and if we are the right company for you.
Buying Wine Charges:
When buying wine from Twelve-By-Seventy-Five it is important that we are transparent with our charges. When purchasing wine through ourselves we do charge a front end margin on all stock that is sold. This can vary from wine to wine and depending on the source and rarity of the wine. We en-devour to make these margins as low as possible to ensure all clients and partners that they are purchasing at the right price and if you are investing into wine that you make a profit. All front end margins are visible on the sales checklist, which is sent out to you upon your purchase of any given wine. Should you not be happy with the the margin that is added to the purchase of wine then you are not obligated to continue with the purchase.
Selling Wine Charges:
Selling your wine through twelve-by-seventy-five and your not a client: If you are a non client of Twelve-By-Seventy-Five wishing to sell all or part of your wine portfolio through our platform then our fees are a simple 5% off the whole value. We will provide you with a FREE of charge valuation for your wine and should you wish to pursue with the sale of wine then we will also cover your transportation costs to move your wine over into our trade account. Payment of your wine can take between 2 and 4 weeks.
Option One: Selling your wine through Twelve-By-Seventy-Five as a client: If you are a client of Twelve-By-Seventy-Five wishing to sell all or part of your portfolio then we will take a simple 10% off the profit that you make only. This allows us to advise you as best we can and creating portfolios that we are confident with making money.
Option Two: Selling your wine through Twelve-By-Seventy-Five as a client: We also offer a Twelve-By-Seventy-Five Signature Membership to all of our valued clients. This normally works best for those with portfolio's over £50,000 or have portfolio's with a number of cases in storage. The membership fee is £300 per annum and includes the following;
- Direct contact to a member of staff Monday to Friday 7am until 11pm
- Reduced selling costs - 0% commission on all profits made
- Reduced buying costs - decreased front end margins
- Free valuations, whenever you like
- Access to cellar watch - online portal to monitor your wines performance
- Free transportation and storage on your wine holdings
- Personal 1 to 1 meetings with the Director every 6 months, if required
- Free Trip to either Bordeaux or Italy for an all inclusive wine tasting tour