In some cases, yes. There is no fee for selling wine that has reached its optimal selling window (five or more years). However, if you choose to sell your wine early (before five years), Vinovest will levy a 1.5% fee.
Fine wine is a long-term, illiquid asset. As such, it takes time to mature, both in quality and value, and selling prematurely undermines that growth potential. That’s why we strongly encourage our clients to invest with at least a 5- to 10-year timeline in mind, and we have structured our fees accordingly.
We’re here to help you make the most of your investment, and part of that is ensuring transparency around the process. If you have any further questions, our team is always here to help. For more details, you can refer to our Terms and Conditions.