A New Standard For Your Finest Wines
To meet the demands of the informed fine wine buyer in an increasingly information-led age, Lay & Wheeler has developed a new Portfolio Service for cellared wines. This enhancement to the existing provision is of direct benefit to everyone interested in wine as a store of value in addition to its intrinsic merits of quality and longevity.
Customers will benefit from the following enhancements to the service previously offered by the Private Reserves department:
- Secure, stable storage at Vinothèque, an established wine storage facility run by one of the UK’s leading Bonded Warehouse companies
- High standards of documentation and administration
- Quarterly market valuations for wines with an established “secondary market” from an independent European wine trading organisation
- An Annual Stock Certificate itemising purchase price, market valuation and lot details
- 24 hour visibility of your wine cellar, and the ability to give withdraw instructions on-line
- Access to our expert Consultants for advice over cellar building strategies
- Quarterly Vintage Reports on what to buy, maturity reports, vintage reports, previews of up-coming “must-buy” vintages, regions and wines, the international fine wine market place and guest writers writing on a myriad of topics relating to the market, the vineyard, the winery and fine wine and food issues of interest to the consumer
- A consolidation service for large collectors and investors from third party merchants and brokers.
- No penalty in rent and insurance charges for wines purchased from third party merchants and brokers
- Regular review of drinking dates by wine experts
- Insurance cover against fire, theft, flood and accidental damage, based on the cost of replacement at today’s prices
- Nominated day of delivery (Gold Standard) is offered free of charge to subscribers to Lay & Wheeler’s Private Reserves Portfolio Service.
Your best wines deserve a cellarage service that offers much more than simply safe, sound storage. Insurance cover against fire, theft, flood and accidental damage is a basic requirement, based on the cost of replacement at today’s prices, and a fully annotated annual certificate is essential to help keep track of your cellar. You will expect informed guidance on your wines’ state of maturity and you will demand secure records and robust systems.
As a discerning customer, you will also require cost price records, and on-demand updates of the current market value of your wines, as if sold on the market. You will seek full-time access to your stock portfolio wherever you are, via the Internet, and have the ability to issue withdrawal instructions on-line. You will welcome regular assessments of market conditions, reports of significant recent vintages, and re-assessments of fine vintages already in the cellar.
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