When you place a sell order, the wines are removed from your account and placed on hold until the order is filled. You will be unable to place other sell orders with those wines unless you cancel the open order. Once your order is filled, the net profit will be added to your cash balance and the wines will be sent to the buyer’s trading portfolio.
Note: fine wine and whiskey are long-term, illiquid assets. Selling wine and whiskey outside of its ideal selling window may result in the rate of appreciation not covering costs and expenses, such as Vinovest transaction fees and third party costs to sell the wine or spirit. For more information, please read our Terms and Conditions.
