What is the value of my wine?
Wine Stocks acts as offical valuer for wine funds.
Wine Stocks valuations are based on live data from the worldwide fine wine auction market. The fine wine auction market represents an annual turnover of 1 billion. We collect prices form more than 100 sources (standard fine wine auction houses and online auction houses) from more than 15 countries. Our database contains more than 25 million historical and actual fine wine prices and is updated daily with up to 50.000 new prices. This reflects 99% the fine wine auction market and allows us to provide price information of the fine wine market, like no other authority on the market. In total our database contains more than 51.000 wines which represents multiplied by the by potential 310 vintages and 30 bottles sizes 474.000.000 different wines. Consequently Wine-Stocks own the world largest database concerning fine wine prices and is able to provide valuations not only of the 400 most traded wines of the world.
A Wine Fund valuer in real time
The strength of Wine-Stocks data is on the one hand that that all prices are updated on daily basis and on the other hand that all data are prices based on legal contact commitments between the buyers and the auction house therefore prices that are reached on auctions and accessible as well as reachable for every actor of the market. Mostly other wine price information platforms are only providing “offers” (means merchant list prices)
Independence: Wine Stocks is a pure online information platform and does not trade with wines like other protagonists on the market.
Transparent: Wine Stocks price data is, posted in real time, on www.wine-stocks.com. All prices are net prices “hammer prices” excluding fees and taxes of the auction houses, therefore all prices are comparable. This type of transparent market price data is not available anywhere else. Is desired Wine Stocks is in the position to establish fund valuations only on prices of 6 or 12 original wooden case boxes.
The Wine Price Methodology
Our price methodology to price wines held by wine funds is based on prices that pass through different verification processes. We use auction prices to calculate the price that presents the exact wine´s value on the valuation date. These data is also used for our benchmark indices.
The verification process is divided in different steps.
In the first step all collected row data will matched with the 474.000.000 wines in our database. After all new prices are verified on trading relevance, trading volume and bottle sizes, only wines that are traded minimum seven times are mentioned in the database. In the next step all prices will be checked automatically by algorithms on their plausibility. Therefore peak and bottom prices will be only mention until they are confirmed by more than two auctions.
In a second verification process all prices will be checked twice manually in our “four –eyes principal” That means that all prices will be check twice manually.
In the last step all prices will be matched with our database and published on Wine-Stocks.com
Wine Price Database daily updated
With its daily updated database Wine-Stocks is in the position to offer valuations on a daily basis. By request of valuations on a monthly or quarter basis Wine Stocks use average prices of the last month for its valuation.
In the case that Wine Stocks need to do valuations of wines not listed in its database, we developed special advanced search engines, that frisk all significant merchant internet sides that means prices of more than 500.000 of global wine merchants. Prices will be collected and used to build average prices of the wines, these average prices can be established for special regions e.g. Europe, Australia, US, or globally.
Additionally we use our access to special online wine cellars and their price information, to recheck all prices on plausibility.
