You physically own the wines, not shares or units of investment.There have been some high profile court cases in the past where wine stockists who offer a storage facility have gone into liquidation and clients wines ? not stored in individual accounts ? were deemed the assets of the company and sold by the receivers.
We overcome this risk by giving each client an individual account within our Client Trust Account with Octavian Warehouse in Corsham, Wiltshire. The wine belongs to you at all times, and can only be removed from bond with yours and the company's signature or that of a beneficiary in the event of death. Octavian has recently spent in excess of £1.5m to install special equipment to monitor the atmospheric temperature and humidity.
The conditions must be perfect so the wines can mature properly and realise its maximum potential (see Christie's Ullage Chart) thus protecting your valuable investment against deterioration. The wines are fully insured for their full replacement value, both in storage and in transit.The overall benefits of our system are:
NB. If you decide to store your wines personally, please be aware that the conditions in which your bottles are kept will reflect on its value. Like any consumable rare product it must be stored in the correct conditions and carry full provenance. |