based Whisky Auctioneer launch online
wine auction site Wine Auctioneer.
am sure most of you are familiar with
Whisky Auctioneer, one of the world’s
largest and most successful online
whisky auctions, well it now seems like the
Perthshire based company is now bidding
for a share of the world’s online wine
auction market with the launch of Wine
Launching today, Wine Auctioneer is a
dedicated online wine auction site,
offering wine lovers, connoisseurs and
investors a more accessible way of
trading fine, old, rare and collectable
wines from around the world.
They aim to provide a fair,
transparent and uncompromising service
to all, Wine Auctioneer’s users will
benefit from a simple, clear and
competitive fee structure, along with an
intuitive and user-friendly website that
has been tried and tested over the past
four years of selling whisky.
Wine Auctioneer Selling Fees are:
- Selling Commission – 5%
- Basic Listing Fee - £5.00 per
- Mixed-Case Fee - £2.50 per
additional unique bottle
- Reserve Fee - £5.00 per lot
Wine Auctioneer Buying Fees are:
- 10% of the final selling price /
- Please note VAT (at current
rate, 20%) is applicable on
commission, delivery and surcharges.
VAT is not applicable to the hammer
price of the wine.
The inaugural bimonthly auction will
take place between Friday 10th and
Monday 27th November 2017. The deadline
for consigned entries closing on Monday
3 November and registration is free.
Whisky Auctioneer’s decision to launch
the new site came in response to the
growing diversification of its whisky
As founder and managing director, Iain
McClune explains: "Over the past four
years we have seen a big increase in
consignments of wine, port and other
spirits to our auctions. It became clear
that there was a demand for an easy to
use online auction platform within the
fine wine community. With our
established reputation as specialist
auctioneers and our in-depth knowledge
of the drinks industry it was a natural
move to launch a dedicated website to
meet this demand."
The team is headed up by wine expert
Stuart Campbell who has over 15 years’
experience in the wine industry
including as the owner director of Fyne
Wines, an independent wine merchant.
Commenting on the new auction, Stuart
Campbell said: "We’re all really excited
by this new venture. Wine Auctioneer
heralds a movement away from the
traditional bricks-and-mortar auction
house towards a platform that meets the
needs of a modern global audience of
buyers and sellers. We are the fine wine
auction for the 21st century.
“In 2016 almost $340m* was made from
wine auctions around the globe, with
sales taking place across Europe, the US
and Hong Kong. Despite having a global
customer base only 11% of these sales
were generated through online auctions.
We believe we can increase both the
proportion and value of online wine
auctions by offering buyers and sellers
alike a simpler, fairer and less
restrictive auctioning experience."
In addition to the publicly-released
wine, port and other spirits auctioned
from the premises, Wine Auctioneer will
also auction bottles held in-bond.
For interested sellers, a free valuation
service is offered along with advice on
how best to get bottles to the premises.
Sellers based within the UK can take
advantage of a regular bottle collection
service. For sellers outside the UK,
courier collections can be arranged.
Once consigned for auction, bottles will
be offered to an extensive and
established global user base.