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Wine Auction Comparison

What are the similarities and differences of buying and selling wine with Cellarit vs. buying and selling wine at wine auctions?

 

Wine Auctions

Cellarit Wine Market
What's available? Well known labels & back vintages Well known labels & back vintages
Quantity available Some lots require multiple-bottle buy Can buy 1 bottle or more, mix & match
Wine Condition Bottles checked, onsite storage varies Bottles checked, climate control storage
Who's buying? Collectors, drinkers, trade buyers Collectors, drinkers, trade & gift buyers
"Pay to play"? Some levy annual membership fee No membership fee
Buyer's premium 10% to 15% commission added "on top" 12.5% (min. $5.00/bttl) incl. in wine price
Buyer Time frame Wait until auction closes Shopping cart & instant checkout
Wine Delivery Invoice sent, payment then delivery Same-day dispatch / Next-day delivery
Claimable GST Some lots may include claimable GST Included in price and fully claimable
Who's selling? Individuals, restaurants, estates Cellarit wine storage customers
Pickup/transport Usually expensive "own-arangements" Cellarit pickup: cost capped 20 dozen + 1.50% insurance
Seller's premium 12.5% to 15% (negotiable) 12.5% (min. $5.00/bttl)
Other Seller's fees Varies 3-mo. free storage then $4.50/doz/mth + $0.10/$100/mth insurance

Summary

Wine Auctions

Cellarit Wine Market
Buyer Advantages Lower buying prices Fixed buy price, instant gratification
Seller Advantages Certainty of sale Higher sale proceeds

Visit the Buy Wine pages to see what's available and get an idea of current wine prices. Whether you're buying or selling wine we hope this comparison table of Wine Auctions vs. the Cellarit Wine Market was helpful!

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