FAQ
Who is Vintage Cellar?
Who is Vintage Cellar?
Vintage Cellar is a member-only trading platform to build and manage your
fine wine collection assisted by our team of dedicated wine advisors.
Vintage Cellar is managed and operated by WineCo Swiss SA registered
under number CHE-432.554.262 with address at Boulevard des
Philosophes 15, 1205 Genève, Switzerland.
What services do you provide?
- Fine Wine Sourcing: Vintage Cellar is a digital and bespoke platform that allows you build and expand your wine collection. Our relationships with the world’s most prestigious wineries provide our clients with privileged access to highly sought-after fine wines.
- Wine Storage: we secure your wines in our in-bond warehouses equipped with ideal storage conditions (temperature & humidity).
- Worldwide Shipping: we ship your wines directly to you in optimal conditions.
- Wine Trips: we organize bespoke wine trips to the most iconic vineyards in the world.
- Private Wine Tasting: we organize bespoke tastings and events according to your needs and preferences.
What is your expertise?
Our wine advisors provide you with full guidance and advises throughout
your fine wine journey to acquire wines that suit your taste and profile. We
enable our clients to access the most iconic wines to:
- Drink and enjoy great bottles on their special events;
- Build collections that can span several generations and become a true family heritage
- Invest in wine with a potential return, due to its financial asset substitution
How can I access the App/ request my Account ?
How to create my account & become a member?
Request Your Access from Vintage cellar website You will receive your personal access code by email
&/or WhatsApp
Need any assistance?
- Get in touch via our website live chat, WhatsApp, or email
- Request a demo for a private presentation on App features & benefits.
Is there any membership /entrance ticket to become a VC member? Any minimum amount required to acquire wines?
There’s no entrance fees to become a member of Vintage Cellar community.
Eligible profiles get their access validated and issued by Vintage Cellar Admin.
There is no minimum amount required to spend on the platform neither.
How do you guarantee provenance of the
wines?
How do you guarantee provenance of the wines?
Provenance of wine is fully guaranteed on Vintage Cellar platform as we do
buy directly either ex-property or domain, from trusted negoce or wine
merchants. Certificates of origin or expertise may be assigned on specific
cases and issued by independent wine experts to authenticate origin.
The buying process & profile of clientele
What is the profile of Vintage Cellar clientele?
Our services are provided to Fine Wine Lovers, Fine Wine Collectors, and Fine
Wine Investors with strong expertise in serving HNWI.
Do members of the app have access to the information regarding other members?
We observe full confidentiality regarding our members and clients. We don’t
share our database with any third party.
Do you sell by bottle or cases?
Our bottles stay in their original wooden case as delivered by the producer (as
per our Provenance & Authenticity standards), therefore, you can purchase
your wines per original packing case of 1, 3, 6 or 12 bottles.
Do you provide any assistance to client to build his cellar or acquire wines?
Our wine advisors fully assist their clients in starting, expanding their cellar as
per their investment profiles and or consumption habits.
Is there a minimum order value to start building my cellar?
Client has flexibility to acquire wines from Vintage Cellar with no minimum or
limit. There is no yearly membership fees required provided that prospect /
client was referred by a trusted source.
Our Expertise in the Fine Wine Investment
What is Fine Wine Investment?
We perceive the Fine wine investment as building a legacy and asset for the
generations to come. Our vision when advising our client bets on exceptional
wine selection from the world's best vineyards that will gain value over time
to make your collection an exceptional one.
Vintage Cellar’s wine collection comprises of great wines only, ensuring that
your sought-after wine selection is risk-free, sourced directly from the
producers, and allowing you an investment with a potential return.
What are the recommended investment terms/ period?
Fine wine is a mid to long-term investment, ranging between 3 to 5 years or
longer, therefore, we recommend a minimum period of 3 years, in order to
benefit from a typical market cycle.
How is the "My Vintage Cellar" portfolio value calculated?
To calculate the value of your cellar and/or to track its performance over time,
Vintage Cellar relies on Liv-ex data. Liv-ex is a transaction-based source of real
time and historic fine wine market data used by professional fine wine
merchants. Vintage Cellar values your cellar accordingly to Liv-ex price data on
daily basis.
Can I resell my wines through/ to Vintage Cellar?
Yes, you have full flexibility to liquidate a part or entire account. Our wine
advisors will help you sell your wines to another member of Vintage Cellar
community against a management fee of 5% from total collection. This takes a
certain period of time depending on the market, wines and proposed prices.
How & where do you store my wine?
Our in-bond storage: a world-class facility
Your bottles are secured and fully insured in our climate controlled bonded
warehouses located in Beaune and Bordeaux [France].
Your ownership is tracked
We create a sub-account for you in our in-bound cellars (duty free zone)
located in: Beaune and Bordeaux. A monthly report of your inventory is sent
to you.
Fiscal Benefits of storing in bond
Tax savings: No VAT nor Excise duties apply when buying or selling wines that
are stored in our bounded warehouses: you will not be subject to any taxation
unless your wines are extracted from the in-bond inventory and shipped to a
destination. Furthermore, there is the benefit that VAT is payable on the initial
sale price of the wine, not the current market value which is a big financial
edge. At time of withdrawal, our wine advisor submits an all-inclusive
quotation for shipping fees and taxes for client’s validation.
Capital Gain Taxes are subject to the customer tax residency and should be
filed (if required) by the customer himself (whenever applicable): WineCo
Swiss SA through its APP “Vintage-Cellar” does not withhold any Capital Gain
Tax.
Authenticity and tracking of ownership: Wines that have been stored in bond
are much easier to track, raising confidence on provenance, hence, reaching
easier liquidation and great value to secondary market
Secured storage: The bonded warehouses are equipped with ideal storage
conditions, temperature and humidity are controlled to ensure wine storage
and maturation are at their optimum.
What are the storage and insurance fees?
Storage and Insurance fees will be invoiced at the yearly all-inclusive management fee of 1.5% over total portfolio acquisition value [Excluding En Primeur purchases]
How can I guarantee my ownership of acquired wines?
You will receive an invoice with your purchased wines. In addition, our stateof-the-art technology and dedicated digital tools will help you keep a knowing
eye on your collection in real time on your VC APP and in-bound account as
well.
Can I get photos of the wines in my cellar?
Upon request, your dedicated advisor will provide photographs of the wines in
your portfolio for a fee of 10€ per case. We cannot take photographs of En
Primeur as these wines are not bottled yet.
I already have an in bound account – can I transfer my wines to VC's in bound account for storage?
You have full ability to transfer your wines from an in-bound warehouse to
Vintage Cellar in bond warehouse. This service includes an additional handling
fee.
How do you insure the wines?
All wines stored at our bounded warehouse are fully Insured at market value.
Clients settles an annual storage fee of 1.85€ per btl inclusive of insurance. We
hereby certify the stock of wine premisesis covered against the following perils:
- FIRE, LIGHTNING, EXPLOSION;
- TERRORISM ATTACKS (ACCORDING THE 1986 FRENCH LAW)
- THEFT & PHYSICAL INVENTORY DISCREPANCIES IN THE PHYSICAL COUNTS
- WINDSTORM, HAIL AND SNOW PRESSURE
- WATER DAMAGE, FROST, THEFT, BOTTLES BREAKAGE
- SMOKE DAMAGE, AIRCRAFT IMPACT, VEHICLE IMPACT
- MALICIOUS DAMAGES, RIOTS, CIVIL COMMOTION
- NATURAL DISASTERS [as per French law of July 13, 1982]
Buying En-Primeur
What is En-Primeur or future wine?
It is a method of purchasing wines early while they are still in barrels. This
offers the customer the opportunity to buy his wines straight from the
producer at its very first offering price.
What are the recommended investment period for En Primeur?
En Primeur is a mid-long term investment, as wines are not bottled yet and
not released on the marketplace. That said, the minimum investment period
for En Primeur is 3 years (equal to their ageing period in barrels), in other
terms, you can not liquidate/ sell your En Primeur before this period of time.
What are the benefits of buying En Primeur?
- Price: buyers secure the best prices as En Primeur are released relatively cheaper than their marketplace prices (exclusive of Duty and VAT).
- Authenticity: buyers can be assured of the provenance of their wines when bought En Primeurs.
How does the Shipment work & fees?
How does VC organize shipping of my wines?
We ship your wines with industry leading logistics providers specialized in fine
wine handling. We can deliver bottles from your portfolio to your address or
any other address that wine can legally be shipped to.
DELIVERY TO A PRIVATE CELLAR / ADDRESS:
Client has full flexibility of taking possession of his wines [ex-domain, or exbounded warehouses] to secure their shipping by himself to the required
destination. No fees to be paid in that case.
Client may also require assistance of VC wine advisor to help him select the
best shipping formula and relevant fees [regular or express courier]. Client will
receive a detailed shipping quotation incl. cost of shipping and taxes to be
approved and paid before order execution.
Can I transfer/ship my wines to another in bound warehouses?
Vintage Cellar is available to support you in all your shipment activities. We
will coordinate with you to transfer your wines to your selected in bound
warehouses post-closing your account and settling all your fees. Service
charge will apply
How do I track my order?
Vintage Cellar wine advisor will inform you about your order’s shipment status
at every stage to ensure a safe receipt of your valued bottles.
Delivery time & charges
Time, shipping charges, and taxes will apply according to the destination
country.
Payment Methods accepted
Does Vintage Cellar charge a yearly management fee?
No, Vintage Cellar doesn’t charge any management fee to your account.
What currencies does VC accept?
Currency is Euro. Our prices are provided in Euros.
Does Vintage Cellar accept cryptocurrency?
At the moment, we do not accept cryptocurrency.
Which payment methods do you accept?
- Bank Wire Transfers
- Credit card payment Online
How can I receive my invoices/ ownership certificate of wines?
You will receive your order confirmation, invoices, and receipt by email and
directly on your App. This stands as an official proof of receipt