How to Appraise and Sell a Wine Collection

Wine collections are usually filled with a variety of vintages and types of wine. You may have inherited a wine collection or just think it’s time to look into the true value of yours. While plenty of wine enthusiasts sell their personal wine collections regularly, others new to the idea may wonder where to begin the process. We got together with Vintage Wine Buyers in Boca Raton, FL to provide you with the steps you will want to take before selling wine from your personal collection.

• Follow the Law – This may sound surprising to many wine enthusiasts, but some states actually have specific laws for selling wine from your personal collection. Inquire about your state and local laws and be sure to adhere to the rules. You will want to be sure that reselling wine is legal in your state.
• Choose the Wine – Make sure you know which wine bottles from your collection you would like to sell, as there may be some bottles you still want to hold on to. Note that the wines have to have been in the proper storage, as an experienced appraiser will inspect the bottles individually to evaluate the quality.
• Get it Appraised – Once you decide which wine bottles you will like to sell, you will want to have it appraised by a professional. An appraisal service, like Vintage Wine Buyers, will go to your location to review your collection and establish a value.
• Sell It – Finally, after learning the true value of your wine collection, you’ll be able to sell it to the appraisal service where they’ll then offer you the valued amount through different payment services like a check, money or wire transfer.

Once you make your first sale and you feel comfortable with the appraisal and selling procedures, you’ll want to keep the appraiser’s contact information for future sales. To learn more about the appraisal process from a company who knows their wine, visit vintagewinebuyers.com. They’ll guide you through all the steps ranging from appraisal to sale, making the process enjoyable and profitable.

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