Pawning your fine wine
Our loan experts will take everything into consideration when valuing your fine wine in order to achieve an appraisal that’s both fair and accurate. We have a loans against fine wines department specifically for valuing and appraising fine wines. So if you have a collection of fine or vintage wines, you can be sure of an accurate valuation with our complimentary appraisal service.
The valuation process is essential to determine how much you can borrow against fine wines. The fine wine department at Pawnbrokers Rodeo Drive will start by working to establish the provenance of your vintage wine. If you’re looking to pawn old fine wines you feel may be of value, we will work to confirm the wine is from a reputable source. Unfortunately, fraudulent wine is quite common within the market, and it’s only through thorough checks, carried out by experts, that we can determine the provenance of the wine.
Paperwork will also let us know how the wine has been stored from when it was initially bottled and how it has arrived at its present location. Knowing the chain of storage of your fine wine will help confirm that the wine hasn’t been exposed to poor conditions or events that could have contributed to damaging or prematurely ageing the wine.
If you’d like to lend against vintage wines in Beverly Hills and Los Angeles , it’s important to remember that fine wines have a definitive lifespan, during which there is a peak drinking time. Depending on the vintage, as well as the producer and region of the wine, it’s quite common for wine to be premature. There is also a peak drinking range and a period where the wine would be considered to be in decline in terms of its drinkability. Our experts will use their knowledge and conduct research to determine which drinking range your fine wine is in so that an accurate valuation can be reached.
Just as important as drinking range, provenance and storage, how much you can get for loans on fine wine collections in Beverly Hills and Los Angeles area depends on the vineyard your fine wine is from. Wine collections from a variety of vineyards including established vineyards and contemporary ones can differ greatly. Below we’ll provide more information on the value of the most popular and prestigious wine collections.
Chateau Petrus Wine Collection Estimates
Chateau Petrus holds its value over time so well because of a number of factors; it produces no second wine and is renowned for being unofficially classified as an outstanding wine of the appellation. Wine prices for Chateau Petrus have remained consistent throughout time meaning that the valuation for these wines is usually significant when considering loans on fine wine collections. The most expensive Chateau Petrus wine ever sold at auction sold in 2011 in New York at Christie’s. It sold for £100,000 after predictions that the wine would sell for only £40,000. This was the only bottle known to exist at the time, however, the price demonstrates the importance of rarity when considering ‘should I pawn my fine wines collection in Beverly Hills or Los Angeles?’ As a very speculative estimate, wines from Chateau Petrus begin at a valuation of £1000 when measured favourably against the valuation criteria. Noteworthy vintages include several collections from the 2000s including 2006, 2011, 2012 and 2015. This list is far from exhaustive and subject to change, we therefore recommend taking up a complimentary appraisal with ourselves for an accurate answer.
Chateau Mouton Rothschild Wine Collection Valuation
Chateau Mouton Rothschild is renowned for wines that hold and increase in value throughout time. Chateau Mouton Grand Vin is one of the most highly regarded wines in the world and consistently amongst the most expensive to purchase. There are several vintages that retain value ranging from 1900 to 2014 – if you’re wondering ‘can I pawn my fine wines collection in Beverly Hills or Los Angeles?’ this is something to take note of.
Chateau Margaux Vintages
Chateau Margaux was one of only four wines to receive a first growth in the Bordeaux Classification, 1855. The prices to purchase a bottle start at £500 and owners of this collection can usually expect valuations of even the most standard vintages to start at this. A 1787 Chateau Margaux vintage is actually the most expensive wine to ever sell at an auction, selling in the US for $225,000. Another vintage from the same year was valued at $500,000 but never sold.