GIVE YOUR WINE INTERNATIONAL EXPOSURE

Whether you are looking to sell collectible wine, mature vintages, or simply good fine wine, iDealwine is here to help, by auction or direct purchase, in France and abroad. It is indeed, through International Wine Auction, Voluntary Sales Operator (licensed auctioneer) and subsidiary of iDealwine, it is the number 1 wine auctioneer in France, appreciated by more than 650 000 wine lovers in 60 countries. iDealwine is the go-to in the wine world for industry analysis, resale and the purchase of fine wine.

Selling and consigning wine couldn't be easier, iDealwine will give you a valuation of your wines based on previous results at auction. If you require faster payment you can request a binding purchase. For binding purchases, the price offered is the lowest estimate minus the sales commission. Payment is immediate.

The iDealwine price estimate is regularly updated and is an average calculated from most recent auction results from throughout France. It consists of the hammer price and the buyer's premium. The estimation sent to sellers excludes the buyers premium which is why there is a difference in price.

The reserve price is the starting auction price for a lot, i. e. the price below which a lot cannot be sold. The reserve price is automatically set as the low estimate provided. The vendor can set a reserve below the lower estimate, or opt not to set any reserve. In the latter case, the auction starting price will be fixed at €1 to encourage competition between bidders, which is very successful at generated buzz with wine enthusiasts.

When buying wine at auction, sales commission is charged to the seller when the hammer falls. This is iDealwine's fee for appraising, storing, insuring, advertising, and selling your wine. Advertising includes promotion through our offices in Paris, Bordeaux, Beaune, Hong Kong and Singapore, and to a global customer base (65 countries). In the case of a binding purchase of your wine (that is then sold at a fixed price rather than at auction), the sales commission is deducted from the final purchase price, the rate for which is variable according to the volume of wines sold.

At every stage of the sale (from receipt to dispatch), the bottles are stored in a secure facility at an appropriate temperature. iDealwine holds an insurance policy covering wine stored on behalf of a third party.

Each auction sale lasts approximately ten days. During this period, your wine will be given prominent exposure and high visibility on our website. Over 650,000 people have an iDealwine account, all looking for precious wine, meaning that you wine should find it's new forever home.

You can monitor your wines throughout the auction process. Use your iDealwine account to track bids on each of your lots in real time, in the form of email alerts.

For binding purchase, payment will be made immediately by cheque or bank transfer as soon as the wines have been checked. The estimate submitted to you are based on auction results minus the buyer's premium. For wines which are not listed, the estimate is an average market prices based on a panel of leading wine merchants. iDealwine makes a commitment to complete the transaction promptly once a buyer has been found, and payment is guaranteed. You will be paid by cheque within 35 days of the end of the auction sale.. Alternatively you can send your bank details by email to estimate@idealwine.com or by fax to +33 1 56 05 86 11 if you wish to be paid by bank transfer.

For the transit of your bottles to iDealwine, you can choose from 3 options:

1- Drop off your bottles at our storage warehouse: Drop off your bottles at our storage warehouse: you can drop off your bottles directly in our warehouse by making an appointment with our Selling Team on +33 1 56 05 86 19 at least 72 hours in advance, bringing a piece of identity with you. We ask that you send a complete list of the wines you’re selling, agreed in advance by the Selling Team, by email to estimate@idealwine.com or by fax on +33 (0)1 56 05 86 11.

2- Pick up by iDealwine (we will give a cost estimate for this within a few days of request)

3- Transport your wines by post through our trusted partners or by your own means

There are several transport solutions for France and abroad:

1- Special, pre-paid packaging and labels for Colissimo shipment (only for France). Shipping costs are for you to manage.

2- All-inclusive solution: pick up from your home and transport by iDealwine or one of our partners (specialist courier).

3- Transport organised yourself: find a courier. In this case, we recommend that you check the courier is qualified to transport wine, and to make sure you have insurance to the value of the bottles (ad-valorem).

4- You must give us all the necessary information about the wines you are transporting before they are sent, so that we can verify the delivery on its arrival. Our teams are available to advise you on the best solution.

The transport cost will vary depending on the quantity and value of the bottles you are selling, as well as your location. Our teams are at your service to provide a quote. You can equally choose to deliver the bottles yourself, or to have them delivered by a courier of your choice.

All of our transportation is value insured (ad valorem insurance). In the case of an accident during transport, your wines are reimbursed at the median value of the estimation given (between the high and low estimate).

Whatever mode of transport is chosen, the wines have to travel in suitable packaging. In the case that you choose Colissimo or collection by iDealwine, we will provide special packaging. If you choose any other option for sending, you must use specialised packaging (wooden cases or cardboard boxes). We can also provide you with these on request, the price of this service depending on the quantity and your location.

iDealwine will inform you by email when your wine is received. Once the bottles have been verified, you will receive confirmation of handover by email.

During the evaluation of your cellar, iDealwine will give you a high and low estimate for each lot. The low estimate will be the reserve price during the auction. Our specialists reserve the right to review and, if necessary, lower the estimate price once the bottles are received if they do not conform to the description and/or photos provided. Your agreement will be required in order for the bottles to be put up for sale at a modified price. iDealwine also reserves the right to refuse to sell lots that have not been preserved in a satisfactory manner.

Once the auction is closed, you will receive an email detailing the results for each of the lots up for sale.

If your wines don’t find a buyer during the sale, they are automatically entered into the next sale at no extra cost.

Once the sale is closed, it is possible for you to pick up any bottles that haven’t been sold at no extra cost (apart from eventual transport costs). To do this you have to make an appointment with the Selling Team (estimate@idealwine.com info@iwa-auction.com) at least 72 hours before the desired collection date.