How To Sell Your Whisky At Auction
Online whisky auctions are big business – over 20,000 bottles are sold every month through online whisky auctions in the UK with some auctioneers selling in excess of £30,000,000 of whisky annually. But if you have a bottle of whisky and you are looking to sell it, how do you know which auction house is best for you? On the face of it many of these auction houses appear similar – they all have glossy websites proclaiming they are the best in the industry. The rates of commission can vary from -1% to 24%. In an attempt to help customers understand what auction is best for them Cheshire-based whisky brokers, Mark Littler Ltd, have written a comprehensive guide to selling your whisky at auction in the UK.
Until now there has been no single collective resource which compared all of the auction houses in one convenient and easy to use amenity. Historically, there have been resources which compared the various selling commissions but, as they explain in their article, a lower commission does not necessarily mean you will achieve a higher return for your bottle.
To make their guide Mark Littler Ltd contacted every whisky auction house in the UK to find out what they could about their services. The information in the guide includes: seller’s fees, 2020 turnover, number of bottles sold in 2020, storage options and shipping options. The article also goes into more detail about what makes each of these online whisky auction houses stand out from the rest. The guide aims to educate customers on what to look for when choosing an auction house to use.
From Bonham’s to Sotheby’s to Whisky Auctioneer, this guide has everything you need to know about the country’s whisky auction houses, in the hopes that it will make it easier for you to navigate the tricky world of auctions.
Director of Mark Littler Ltd, Mark Littler, said “knowing which auction house to entrust your bottles to can be difficult. There are a whole host of auction houses out there, all with different fees and specialties. We hope that this guide will help whisky-owners to decide which house is best for them, both in terms of selling their whisky and in terms of customer experience”.
Mark Littler LTD have been helping their clients to sell their whisky for over 5 years and have over 400 five-star reviews of their service across Google, Yell and Facebook. They provide free valuations of bottles, advise clients on the best route to sell (either through auction, private sale, or their brokerage shop). They hit the headlines in 2020 when they sold a vertical of Macallan 18 Year Old for Matthew Robson, and the story broke across the world.
To read this in-depth guide on how to sell your whisky at auction visit the Mark Littler website.
The Mark Littler website also has a wealth of information about everything from investing in whisky, to selling your antiques. For all things whisky, watches, jewellery, silver, and more, head over to marklittler.com.