More Wine Auction Games - Secrets to Success

In the USA, surprisingly only Illinois and naturally California are the states that allow commercial wine auctions. In New York (the ideal place!) Bills to permit wine auctions are introduced regularly but they die just as often! In Chicago, people travel from all over just to get some bargains. In Britain where wine auctions are held anywhere throughout the country in the fall and winter, retail wine chains have flourished and one chain in particular has even taken over a wine retailer on the American West Coast!

British wine trading sees wine auctions as a method of stimulating interest in a diverse assortment of wines. In Australia, of course, there have always been plenty of wine auctions and online wine sales have been very popular. Australia has no problem opening up their wine cellars to the public. As well, there are large online wine sales being made through communities of people sharing notes and critiques of various wines amongst themselves. One very popular online wine sales community is the Auswine Discussion Forum. In this scenario, you do not even need to leave the comfort of your home to partake in the benefits of an online wine auction where wine sales take center stage.

Bidding and Tasting Tips when Attending a Wine Auction

Setting out into the virtual or real world of wine auctions should be handled about the same. Do your research and figure out what you are willing to pay for the wines you are looking to bid on in the auction. It is a good idea to get maximum and minimum prices paid for a comparable bottle of wine prior to the commencement of the wine auction. That way you will have a good idea of what should be charged for the wines. Try to attend a pre-auction tasting session so that you can get the wine you like. Sometimes there will also be end of line mixed cases available at hugely discounted prices that you will want to keep an eye out for. The trade bidders are not that interested in those, so there will be bargains galore.

Attend a wine warehouse tasting so that you can get a taste of the brands available, then you will get a good grasp on what you are bidding rather than bidding in the dark. You might also want to form a consortium between like-minded friends and family to buy in bulk. That way your bids will be more powerful and you can see that as a return in more bottles or reduced rates of purchase.

With online wine auctions, it is best to work out your preferences on paper first, so that you can get acquainted with the procedure. If you are going after California wines or just any wine sales you can get at a bargain, you will want to know that going in. Write down you bids for your preferred lots and the maximum amount you are willing to pay. Avoid bidding until you are sure what is going on and when you feel confident. If you are attending a wine tasting session, make sure that you have a designated driver to avoid any untimely accidents.

So you can see wine auctions are not about perceived social standing, they are the places to go to get bargains! A representative for a well-known international auction house recently said "I think online wine auctions are still in their infancy." A good opportunity not to be missed, make sure you research well and just do it!

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