How to buy wine on Wine Owners
How to buy wine using Buy Now option
If there is a wine you would like to buy and it's already for sale on the fine wine exchange, you can buy that wine by clicking Buy Now.
When you click the Buy Now button, you will go to the buy detail (ticket) page, where you'll be able to specify all your purchase and delivery preferences.
Select a pre-settlement inspection report
When you choose to buy now you will have the option to request a pre-settlement inspection report, in order to verify that the condition of the wine is pristine or as described on the exchange. Usually this is selected for more expensive wines.
Inspection takes place once you have paid into you Wine Owners client account but before the payment is transferred to the seller. During this period of about 5-7 working days payment is held securely in your member (client) account by us.
If the inspection photos are not as expected, you can cancel the trade at no cost: all your fees are refunded and your remittance is returned to you unless you want to keep your Wine Owners funded for an imminent purchase.
Place a Bid
If there is a wine you would like to buy and there is not corresponding wine for sale in the fine wine exchange, you can create a New Bid. . You can specify an expiry date when creating an open bid.
Owners of the wine you are bidding for are notified of your interest and can choose to sell it to you at the price you specify, or may offer the wine for sale at a higher price. You will be notified of all new offers listed for sale after you have placed your bid.
Once your bid is created, it’s called an open bid. You can create, amend and remove a bid for any wine listed in our referential database of more than 270,000 fine wines.
If an owner agrees to sell their wine to you at your bid price, you will have the opportunity to review this offer and accept or reject it based on the description of the wine for sale.
Once there is a matched offer of wine to your open bid then you must either accept the offer to match, unless there is a valid reason to reject it (due to variables like an overseas location, different case size or different duty status). If you have good reason to reject the offer for sale that matched your bid you can subsequently amend or remove your open bid.
When you choose to accept an offer that matches your Bid, you have the option to request a pre-settlement inspection report, in order to verify that the condition of the wine is as described on the exchange.
This safeguard makes it safe to accept matched offers of sale to your bid, since you can cancel a trade if an inspection report fails due to the condition of the wine not being pristine or if it’s not as otherwise described.
When you buy fine wine from a private seller they are anonymous. You cannot see their personal details. The seller can’t see your details either. The privacy of buyers is protected.
To manage, value & track your wines with Wine Owners, you need to be signed in
If you are an existing user, sign in to add wines, create cellars, record tasting notes and more.
If you are a new user and would like to manage, value and track your wines, create a free account.
If you are a new user and would like extra features and lower commission, choose a premium account.