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How to go about selling wine

  • 13-08-2013 3:42pm
    #1
    super_furry
    Registered Users, Registered Users 2 Posts: 27,351 ✭✭✭✭


    My Dad passed away earlier this year and my mam is still going through the process of sorting through his stuff. He was a bit of a wine buff and as a stock-broker at Christmas his clients would send him some really nice stuff. Anyway my mam found nine bottles of 2001 Chateaue Lynch Bages that was stored in a wine-rack under the stairs. It'd be too good for any of us to appreciate it really and I think my mam would rather just sell it, but how do you go about that and is it even legal to sell alcohol without a licence?


Comments

  • #2
    rubadub
    Registered Users, Registered Users 2 Posts: 32,387 ✭✭✭✭rubadub


    I know little about wine, but a guy I know who does is always going on about Lynch Bages, he buys a lot as an investment. I think it is steadily increasing in value so could be one to hang onto for a while. I am sure someone else will know more.


  • #3
    sourgrapes
    Registered Users, Registered Users 2 Posts: 46 ✭sourgrapes


    You may have trouble selling 'em as they're not part of a full case of 12 in original box.

    If a merchant was to buy them off you, they'd look to make at least 30% margin on the RRP so you'd stand to make €80 per bottle, maybe a bit more, maybe a bit less. The '01 is selling for between €120 and €150.

    The other thing worth mentioning is provenance and storage. A wine merchant would be taking a risk in that they don't know the original merchant and the storage may not have been ideal. It could have been too hot, or there could have been too much by way of vibrations, and how long it's been there may also be a factor.

    If it were me, I'd buy a book, Oz Clarke's "Bordeaux", review here: http://www.thewinedoctor.com/otherresources/clarke.shtml

    and open a bottle up every year on your Dad's birthday.

    Otherwise, give the following a call/email, they may be interested:

    The Corkscrew, www.thecorkscrew.ie
    Mitchell & Son, mitchellandson.com
    Terroirs, terroirs.ie


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