As a wine investor, you often find yourself wondering, “When should I sell my wine?” It’s a common question with an easy answer: Sell your wine when somebody wants to buy it. It sounds so simple, doesn’t it? But most wine connoisseurs won’t settle for such an easy answer, so let’s break it down for you.
Some experts say that wine holds the most value between 7 and 15 years after the vintage. This figure is based on the timeframe that gives the wine enough time to work its magic and become richer, more complex, and full-bodied.
Wine prices aren’t determined by the stock market or the current price of gold. Wine prices are simply based on demand. If someone is willing to pay what you consider good money for your wine, then that is the best time to sell it. For example, let’s say you have a 2005 Leroy Romanee St Vivant in your cellar, and you hear of a wine collector searching for that exact bottle for his anniversary. Well, it’s better to sell it to him than to hold on to it and hope someone else wants to purchase it later. Wouldn’t you agree?
Here’s the good news. If you sell your wine cellar online through Cellaraiders, you don’t have to worry about any of this. Instead of waiting for the highest bidder or trying to sell your wine collection one bottle at a time, you can sell it all at once. As long as your wine has been properly cellared, we would love to discuss our procedures to buy a wine cellar.
Are you ready to sell your wine collection? Contact us today to discover just how painless and profitable it can be.