FREQUENTLY ASKED QUESTIONS
Yes, you can. Your wine is stored in your own individual account, and you can book an appointment through your vintage associates’ consultant to view your wine in person. You can also have a condition check on your wine throughout the duration of the investment on request.
New customers will receive an application form from Vine containing a stock report and in addition will supply rotation numbers on each case of wine that you purchase. Each client will also receive an online log in to access their online personal account.
Storage is free of charge for the first year and is £13.20 per case per year thereafter. This will be charged as a yearly invoice in advanced. Vintage Associates will pay the invoice from London City Bond on your behalf and then invoice you accordingly.
Yes, you can. Providing the cases are in good pristine condition and are stored at a reputable UK bonded warehouse, we would be more than happy to value your wine and make you an offer.
Buying and selling wines “under bond” have several benefits for both the buyer and the seller. It gives clarification that the wines are being stored in perfect conditions and it also ensures traceability. Wines that are stored in a government bonded warehouses are not liable to duty and VAT. Part of the agreement with the bonded warehouse includes insurance, which is regarded as the best protection within the sector.
The fine wine market is notorious for the liquid nature of the investment, however when liquidating your portfolio, we would recommend a timeframe of up to eight weeks from the day you are looking to liquidate in order to generate 100% of the market value.
Wines are rated by a number of renowned critics; whose job is to test and give a rating from 0-100 on each vintage that is produced that year. It is widely known and trusted within the industry that anything bearing a score of 90 and above is sure to be a sound investment. The opinion of these critics are valued extremely highly by investors and collectors and therefore we will only offer vintages that have a score of 95 or above.
All of our client’s wines are stored at Vine storage at London city bond. This is the most sophisticated and temperature-controlled facility within the government bonded warehouse. The chamber is fully equipped with CCTV cameras as well as photo booths and professional photo equipment for condition checks and verification.
In short, this is the best way to ensure and maintain the highest sell on value as this is what collectors will look for when you come to sell your wine. we will only deal with cases that are unopened and sold in its original wooden casing to ensure the wine has been kept in the best condition.
You do not need to have any knowledge on the wine market, that is why we are here. Vintage Associates works with a variety of investors and collectors alike, meaning we will provide you with everything you need to know about the fine wine market throughout the duration of your investment. We also have an open-door policy and are more than happy to meet with clients to further their knowledge on the sector itself and us as an organisation.
If you have any further queries or still have unanswered questions please do not hesitate to contact us.