Gradually establishing itself as a popular auction category, wine is enjoying an increasing global demand in the last few decades. It is considered not only an enjoyment but also an investment, thus it is important to know how wine is valued, in order to buy and sell at the right price.
Not every vintage wine is collectible and a rare bottle doesn’t necessarily mean it is valuable. Boudreaux, Burgundy, Napa Valley, Pomerol, Super Tuscans, Rhones and special high quality and limited production Champagnes are some of the most sought-after wines.
The condition of the bottle, filling level and preservation history is essential in wine valuation. Low levels and signs or any evidence of weeping will indicate a significant risk, thus reduce the price.
Another important variant is the provenance. Similar to art, the provenance of wine is a combination of its purchase and storage history. The number of bottles you want to sell is also important. Collectors are more inclined to buy a case of the same wine rather than only 1 bottle.
Confused? Don’t be. Mearto puts you in contact with the best experts from top auction houses, who will assess your wine and determine the market value professionally.
If you want to have a wine appraisal, fill out our form and send us detailed photographs of the bottle, cork, label, and case. Make sure you don’t forget to give us information about the storage conditions to guarantee accurate valuation.
