How We Can Help You Buy Wine at Auction


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How We Can Help You Buy Wine at Auction

The fall auction season is upon us, and even at this early stage, I am looking at a stack nearly 8” tall on my desk of auction catalogs, with more coming almost every day. It’s an embarrassment of riches and overwhelming at the same time. I’m sure many of you feel the same way. We know that auctions are imperfect with so many variables impacting what sells and for how much, but simply put, they are often the best and sometimes only way to find wines you are looking for. This is especially true for back vintages. At the same time, the older a wine is the more careful we must be about researching its condition and provenance before deciding what to pay or placing a bid.

Some of our clients have relied on us to help both ongoing and periodically for our entire history. We realize far more of you would like to participate in auctions but are held back by many reasonable concerns. The most common of which are below.

1. How do we tell good bottles from bad and avoid common mistakes and pitfalls?Image of Auction

2. Who has time to review photos or inspect lots before bidding?

3. How do we decide what market price really is, when catalog estimates can vary so much from house to house or sale to sale?

4. There are too many sales on the same day or close together. How do we deploy bids and capital in a conservative and rational manner?

5. Dealing with payment and shipment is a hassle, each house has different procedures

6. Reconciling what is received and verifying conditions asap is time-consuming and daunting

7. What if there is a problem at delivery? Who can handle discrepancies and condition issues for me?

The good news is that we are here to help. For a very modest cost, we can develop a bidding strategy, provide objective pricing data based on thorough review of historical results, offer insight when we know the back story on a collector, consignment or particular bottle and make sure your winnings are safely inbound to your storage or home cellar. We attend many auctions in person and even more online or by phone. Most importantly, since we are spending your money, we never get auction fever and never exceed bid limits. Even if you enjoy attending auctions, let us do the preparation before and cleanup work after. All you need to do is enjoy the show!

To learn more or join us at an upcoming sale, please contact us and let us know. It’s that easy.

Cheers,

Marc

Have any questions or comments about the auction process? Comment below, we’d love to hear from you.

Wine Delivery Dates to the Hamptons


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hamptons emailHave Your Wine Delivered

We are already gearing up for your wine delivery needs this summer. The Domaine New York team scheduled deliveries to the Hamptons and Eastern Long Island on the following dates:

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An Autumn Cellar Offer from Domaine


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Cellar

As the weather cools, you may have more time to contemplate the state of your collection. Therefore, We invite you to take advantage of our Autumn Cellar Offer.

 

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How to Choose Your Wine Shipper


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How to Choose Your Wine Shipper

When moving wine from one place to another you must always choose a wine shipping company with care.  Do not assume that they have your collections best interest in mind!  At Domaine Wine Storage facilities we receive too many pallets from shippers that have not handled clients wine properly.  Worse yet, 60 cases of Charlie Trotters wine was stolen last November en route to Christies in New York!  Read more about the Charlie Trotters shipment here.

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Joe Roseman’s Investment Thesis For Fine And Rare Wine


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Joe Roseman’s Investment Thesis For Fine And Rare Wine

Hoping to diversify your portfolio? We are asked weekly about a succinct investment thesis for fine and rare wine. In this story, Joe Roseman, most recently of Moore Capital Management, explains how wine falls into a newly recognized asset class along with gold, silver and art.

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A Côte-Rôtie Tasting By Christopher Klingenstein


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A Côte-Rôtie Tasting By Christopher Klingenstein

Christopher Klingenstein led a Côte-Rôtie tasting in late 2011. Read his tasting notes here.

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Wine As An Alternative Investment


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Wine As An Alternative Investment

A headline in Chicago Tribune today “Alternative investments gain mainstream interest, but knowledge, passion for subject help” noted wine, art and coins as potential streams for double-digit returns, but its much easier to make those returns if you’re an expert in the the field.

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MGA’s Uncork Multiple New Program Niches


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MGA’s Uncork Multiple New Program Niches

Specialty insurance has become an important niche in its industry. Read the detailed and educational complete story here!

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East Coast Consolidated Shipping


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East Coast Consolidated Shipping

Twice per year we help our clients get wine from New York retailers and auction houses to our facilities in St. Louis and Chicago. Let us know if you would like to save on shipping to the Midwest!

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