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Wine Valuation FAQs

We hope the following Frequently Asked Questions will answer any queries you may have. If there’s not a question below that covers your query then please get in touch and we’ll strive to respond with a response as soon as possible.

Q. How do I use your Online Wine Valuation Tool?

Using our Wine Valuation and Quotation tool allows you to discover the value of your wine collection quickly and easily. You can also see an indicative online quotation for what you could achieve if you decide to sell your fine wine through JF Tobias.

To use the tool:

  • Enter the name of the wine you want to value then select and choose the matching name from the dropdown list. You then need to select the vintage, case size, bottle size and quantity of cases, and then click ‘ADD WINE’ to add it to your list. Repeat this process if you have more wines.
  • Once you have added all of your wines to the list you will be able to view your valuation by clicking ‘GET MY ONLINE QUOTATION’. We then need you to give us a few personal details, this is so our Purchasing Team can get in touch should you later choose to sell your wine after viewing our quotation.
  • After submitting this your wine valuation and quotation will be displayed and will consist of the live market value and two offers:
    • Market Value – Live wine prices from our own bespoke database, Liv-Ex and Wine-Searcher.
    • Broking Offer – We find a buyer on your behalf. The process takes a little longer but you would achieve better wine prices.
    • Cash Offer – We offer to buy your wine outright. The process is quicker but you would achieve slightly lower wine values.

Our online valuations and quotations should only be used to give yourself an indication of your wines value and what you could receive if you wanted to sell your wine to us. To receive a confirmed quotation please click the corresponding button below the offer you’re interested in and a member of our Purchasing Team will verify the wine prices and will follow-up within 24 hours.

Q. Are there any fees involved to use your Wine Valuation and Quotation Tool? And after receiving a wine valuation, am I expected to sell it to you?

No, not at all. Using our Online Wine Valuation Tool is completely free and you are under no obligation to sell to us after receiving a valuation or a quotation for your wines.

Q. Is the market value displayed in my wine valuation the price I could achieve if I sold you my wine?

No, unfortunately not. Your online quotation will display the current market price based on live data, however, along with your market valuation we also show you two offers (broking and cash) which give an indication of what you could achieve if you sold your wine to us. These figures are displayed as the final amount you would receive, providing the wine is in good condition, and there are no other fees or costs to be deducted.

Q. What if I have a large collection of wine I need valuing?

If you have a spreadsheet or a document that lists your wines, then you are able to send this to us via the Upload Stocklist form below the Wine Valuation and Quotation Tool – we aim to respond within 48 hours. Alternatively, you can also email your list to us at purchasing@jftwines.com. If your collection is stored in a bonded warehouse then they should be able to send you a document listing your entire wine collection or portfolio.

Q. How long will my wine valuation be accurate for?

Our wine valuations online are usually extremely accurate, however, on occasions, the wine values may be slightly out-of-date. So, if you want to confirm the prices please click the corresponding button below the offer you’re interested in and a member of our Purchasing Team will verify the valuation and will follow-up with a confirmed quotation – usually within 24 hours. This confirmed quotation will be accurate for 14 days, after that the wine prices may have fluctuated and we can no longer guarantee that you will receive that price.

Q. Can I get wine prices for single bottles online?

No, unfortunately not. Our online tool can currently only provide wine values for complete cases. Please send us or get in touch with the details of the single bottles you want valuing and we will do our best to give an indication of the potential value of the wine(s).

Q. Do I need to provide any personal details to get a free wine valuation online?

Yes, if you would like to view an online wine valuation and quotation then you will need to provide your full name, email address and telephone number. These are only required so our Purchasing Team is able to get in contact with you in case you decide to request a confirmed quote. Your personal data is stored securely and we’ll never share or sell your information, hassle you on the phone or send irrelevant emails without your permission.

Q. How are your wine valuation prices calculated?

Our valuations are generated by live fine wine market data from Liv-Ex, Wine Searcher and our own bespoke database of wine prices, using a robust methodology and proprietary algorithms to generate the most transparent and accurate wine valuations and quotations. Additionally, our valuations are made on the assumption that the wines are held in-bond, and the condition and provenance are perfect. These are important factors in determining the value of your wine, if they do not meet these criteria then the value of your wine could change. Although we strive to provide the most accurate representation of value, the estimates we provide are provisional and the offers are only an indication of what you could achieve if you sold your wine to us.

Q. If I still have questions, what should I do?

Please feel free to contact a member of our team on +44 (0) 20 3384 1155 or email us at info@jftwines.com

 

If you have any further questions regarding selling wine to us, then please refer to our Sell Wine FAQs.

The Author

Craig Buckland

Craig Buckland

Marketing Manager