In the past finding a viable exit strategy for the sale of a wine portfolio was notoriously costly and in most cases prohibitive on profit. Now, though, you can find various online Merchants, auctioneers, consumers and other investors around the globe eager to acquire Investment grade wines. The art in liquidating a wine portfolio now rests firmly on achieving the greatest price from the most advantageous route. Premier Red has a system in which we offer our Clients the opportunity to capitalise on Physical Auction and Online sale factoring in all commissions and logistics for a stress free and transparent solution.

 

The auction market for Fine Wines currently accounts for over 1Bn Euros per annum. The fact that China has become increasingly bullish when vying for the finest wines in the world benefits our clients as the effect on already high prices and limited supplies will be profound.

 

Acker Merrall & Condit an auction house based in New York recently set the record for any wine auction in Asia by fetching 64 million HK dollars (8.2 million U.S. dollars).

 

"The sale clearly underlined the continuing strong interest in Hong Kong for the finest and rarest wines. The market has stabilized in 2009,"

(John Kapon, president and auction director of the family firm that has been in the market since 1820).

Bordeaux Graph