Dows 1985 vintage port
Dows 1985 vintage port
I have a case of dows 1985 vintage port that I was given for a christening present, however It would be wasted on me and so I am wanting to sell the whole case, it has been cellared well until the past year where it has been kept under the stairs due to moving house, I have checked each bottle and there is no sign of damage or leakage if anyone is interested or wants to know more just leave me a message
Henry
Henry
Re: Dows 1985 vintage port
Where are you located and what are you looking to get for these?
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
Re: Dows 1985 vintage port
In Northamptonshire near daventry, berry bros have told me it is worth 45 a bottle but, would sell the case for 480
Re: Dows 1985 vintage port
Dow 1985 has really impressed me the last couple of times i have had it.
If Berry Brothers are willing to buy the case off you for around that price, i must admit i'd go for it as i think you may struggle to realise such a good price from a private sale.
If BBR is not possible and you don't receive any offers to your liking from this forum, you could either try selling through a different merchant (Wilkinson Vintners and Seckford Wines would be good places to start) or through auction (Straker Chadwick may be your best bet for a case like this).
If Berry Brothers are willing to buy the case off you for around that price, i must admit i'd go for it as i think you may struggle to realise such a good price from a private sale.
If BBR is not possible and you don't receive any offers to your liking from this forum, you could either try selling through a different merchant (Wilkinson Vintners and Seckford Wines would be good places to start) or through auction (Straker Chadwick may be your best bet for a case like this).
Rob C.
Re: Dows 1985 vintage port
http://www.farrvintners.com/wine.php?wine=23525Henry2202 wrote:In Northamptonshire near daventry, berry bros have told me it is worth 45 a bottle but, would sell the case for 480
I'd go with Ray's suggestion, if BBR is goign to give you that much per bottle take it.
Farr vintners is very well respected and tehy sell it for 430
Personally, if i were to buy this at auction, I dont think i'd pay more than 375 inclusive of buyer's premium.
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
Nett of sales commission, a case of Dow '85 is likely to realise about £350 - £380 at auction.
Hammer price is likely to be about £400 - £440 + buyers premium
I would suggest a fair compromise price for a private sale would be about £420.
(I don't need this case)
Hammer price is likely to be about £400 - £440 + buyers premium
I would suggest a fair compromise price for a private sale would be about £420.
(I don't need this case)
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Re: Dows 1985 vintage port
even if a retailer is selling it for £430 ?uncle tom wrote:Nett of sales commission, a case of Dow '85 is likely to realise about £350 - £380 at auction.
Hammer price is likely to be about £400 - £440 + buyers premium
I would suggest a fair compromise price for a private sale would be about £420.
I can't see how the case would hammer for anywhere near 400-440 without the buyers.
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
Re: Dows 1985 vintage port
Add £125 for VAT and duty...g-man wrote:
even if a retailer is selling it for £430 ?
Rob C.
Re: Dows 1985 vintage port
I recently paid £44 per bottle for a small number of bottles from a consistently low-end-priced retailer with a sound reputation. I think Tom's estimate is very fair.
"The first duty of Port is to be red"
Ernest H. Cockburn
Ernest H. Cockburn
Re: Dows 1985 vintage port
Doesn't hammer price at auction also need to add vat and duty, as they do stateside?RAYC wrote:Add £125 for VAT and duty...g-man wrote:
even if a retailer is selling it for £430 ?
I checked my past invoices
i have 2 btls @ 71$ Dec, 2011
I have 6 btls @ 49$ Apr, 2012
I do stand corrected as I had still thought (incorrectly) that the USD to GBP conversion was still 1.62. turns out it's 1.52.
But even so, I'm surprised you guys in the UK pay more for the d85 then I did state side.
Granted, I don't buy as much of this as you guys do and I tend to bottom feed the auctions.
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
Sometimes, but as this a private sale, it would not apply in this instance.Doesn't hammer price at auction also need to add vat and duty
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Re: Dows 1985 vintage port
uncle tom wrote: Hammer price is likely to be about £400 - £440 + buyers premium
g-man wrote:Doesn't hammer price at auction also need to add vat and duty
I agree, however you mentioned that the hammer price of this would be £400-440 +buyers.uncle tom wrote:Sometimes, but as this a private sale, it would not apply in this instance.
I'm pointing out that retail is £430
to which ray mentioned vat and duty and I'm saying that auction at least state side always have taxes added on the total price afterwards.
Which is why i'm saying that i'd doubt this would realize £400-440 hammer.
I would have thought that my price I quoted was probably the more realistic price of a private transaction.
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
But that quoted retail price is subject to duty (£32) and VAT (£92.40) making a total of £554.40
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Re: Dows 1985 vintage port
which brings us back to full circle,uncle tom wrote:But that quoted retail price is subject to duty (£32) and VAT (£92.40) making a total of £554.40
I asked if the hammer price not include the vat and duty?
Because here in the states taxes are applied to after the final price, hammer + commision.
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
- Alex Bridgeman
- Graham’s 1948
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Re: Dows 1985 vintage port
In the UK, the seller at an auction can either be registered for VAT (ie. a business) or not subject to VAT (ie. a private seller).
If I, as an individual, buy from a private seller via auction it will cost me the hammer price + buyer's premium + VAT on the buyer's premium. If I buy from a commercial seller it will cost me hammer price + buyer's premium + VAT on the total of the two.
The hammer price that Tom has quoted is from a private seller, so there is nothing to add other than buyer's premium (and VAT on the buyer's premium).
If I, as an individual, buy from a private seller via auction it will cost me the hammer price + buyer's premium + VAT on the buyer's premium. If I buy from a commercial seller it will cost me hammer price + buyer's premium + VAT on the total of the two.
The hammer price that Tom has quoted is from a private seller, so there is nothing to add other than buyer's premium (and VAT on the buyer's premium).
Top Ports in 2023: Taylor 1896 Colheita, b. 2021. A perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
2024: Niepoort 1900 Colheita, b.1971. A near perfect Port.
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
to which I replied:I asked if the hammer price not include the vat and duty?
Nor would it, if the case were sold at UK auctionSometimes, but as this a private sale, it would not apply in this instance
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Re: Dows 1985 vintage port
I’m confused as to whose estimates include which of VAT, duty, buyer’s premium, or anything else. Perhaps the original poster is as confused.
Please could there be a summary?
Please could there be a summary?
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
1) If the OP attempts to sell this case to a merchant or at auction, he is likely to nett less than £400.Please could there be a summary?
2) If someone here seeks to buy a case at auction, the total cost, including BP, is likely to exceed £450
Conclusion: If someone here would care to offer the OP £420, both parties should be satisfied with the outcome.
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
Re: Dows 1985 vintage port
InterestingAHB wrote:In the UK, the seller at an auction can either be registered for VAT (ie. a business) or not subject to VAT (ie. a private seller).
If I, as an individual, buy from a private seller via auction it will cost me the hammer price + buyer's premium + VAT on the buyer's premium. If I buy from a commercial seller it will cost me hammer price + buyer's premium + VAT on the total of the two.
The hammer price that Tom has quoted is from a private seller, so there is nothing to add other than buyer's premium (and VAT on the buyer's premium).
Retail: £430 + duty (£32) and VAT (£92.40) making a total of £554.40
( a + b ) * (1 + c) where a is the price, b is the buyers and c is the vat
Auction: £440 + (22% Buyers) £96.8 + £19.36 (20 %Vat on buyers) is 556.16
Or the general formula a+ ab( 1+ c) where a is the price, b is the buyers and c is the vat
Disclosure: Distributor of Quevedo wines and Quinta do Gomariz
Re: Dows 1985 vintage port
Depends which auction you buy from.
At Strakers i think it would only add about £10 to the hammer price. Bonhams or Christies would be more, but initial bids would probably be correspondingly lower.
Disregarding one-off "hot" lots, I'd be very surprised if Dow 85 of unknown provenance is going much north of £450 at auction all-in on a regular basis. If it is, i might be tempted to sell some of mine!
At Strakers i think it would only add about £10 to the hammer price. Bonhams or Christies would be more, but initial bids would probably be correspondingly lower.
Disregarding one-off "hot" lots, I'd be very surprised if Dow 85 of unknown provenance is going much north of £450 at auction all-in on a regular basis. If it is, i might be tempted to sell some of mine!
Rob C.
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
Most UK auction houses charge BP at 15% with VAT chargeable on the BP only, unless the wine is in bond, or from a VAT registered vendor.Auction: £440 + (22% Buyers) £96.8 + £19.36 (20 %Vat on buyers) is 556.16
Or the general formula a+ ab( 1+ c) where a is the price, b is the buyers and c is the vat
Typically, £440 hammer = £519.20 inc.
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill
- uncle tom
- Dalva Golden White Colheita 1952
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Re: Dows 1985 vintage port
Strakers have become the biggest wine auctioneers outside London on the strength of their low BP, which is not a percentage charge, but a flat £8.40 per lot, inc VAT.At Strakers i think it would only add about £10 to the hammer price. Bonhams or Christies would be more, but initial bids would probably be correspondingly lower.
This translates into higher bids, which is good for vendors.
I may be drunk, Miss, but in the morning I shall be sober and you will still be ugly - W.S. Churchill