AUCTION NO: 14579

AUCTION FORMAT: ONLINE ONLY
The auction will start closing from 12 noon BST and broadcast without video or audio.  Bids can be left via your online bidding account prior to the auction or you can bid online in real-time during the auction.  It is not possible to bid by telephone or leave a bid direct with Dreweatts. 

REGISTRATION:
We advise clients to register at least 48 hours in advance of the auction as you may be asked to provide documents to verify your identity.  

BUYER'S PREMIUM:
All purchases are subject to a buyer’s premium, which is 20% of the hammer price (24% including VAT). In the event that a lot has the symbol β beside the lot number in the catalogue, this indicates that the item is under Bond and if released for delivery to a UK address will additionally be subject to UK DUTY and VAT thereon at 20% on the hammer price.

WINE IN THIS SALE:

VIEWING / CONDITION: 
All wine and spirits are stored off-site. Images of lots for the purposes of condition can be viewed online and should be referred to prior to bidding. It is the responsibility of potential buyers to obtain any additional information (if any) on lots on which they intend to bid. Catalogue descriptions are for reference as to the contents of a lot and should not be relied upon as a statement as to the condition of a lot.  Please note that Dreweatts are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.

No returns will be accepted. Each lot shall be at the Purchaser's risk from the conclusion of the auction until payment and collection are made. 

DESCRIPTION OF THE LOTS: 

1. Descriptions, ullages and conditions of wines are described as correctly as possible at the time of the publication of the catalogue. Purchasers of old wines must assure themselves regarding ullage levels, labels etc. No returns will be accepted.
2. Vintages: Where a vintage cannot be ascertained from a label, it may still be noted based on cork branding, cellar records or other corroborating evidence including other lots from the same source.
3. Bottle sizes are 75cl unless otherwise stated in the lot description.     

ABBREVIATIONS USED IN THE CATALOGUE:  
OWC: Original Wooden Case
OC: Original Case

Abbreviations used in relation to the level of wines for Bordeaux style bottles:
Into Neck (IN)
Base of Neck (BN)
Very Top Shoulder (VTS)
Top Shoulder (TS)
High Shoulder (HS)
Mid Shoulder (MS)
Low Shoulder (LS)
Bottom Shoulder (BS) 

IN BOND LOTS:
Bidding will be at duty paid prices other than for those lots marked 'IN BOND/β'. Dreweatts Wine Department will contact buyers who have purchased wine 'IN BOND/β' to ascertain if the wine is to be removed from bond or transferred to a bonded account. Buyers of wine to be removed from bond will be invoiced duty and vat on the hammer price at the prevailing rates. VAT will also be added to the buyer’s premium on lots purchased whether or not they remain ‘in bond’.

DUTY RATES - EFFECTIVE FROM 1 AUGUST 2023:
The regime for calculating duty rates on alcohol has fundamentally changed since 1 August 2023 and buyers are recommended to read the most up to date HMRC guidance: https://www.gov.uk/government/publications/changes-to-alcohol-duty-rates/alcohol-duty-rate-changes 

Given that duty rates are now calibrated to the actual alcohol content within a beverage, it is not practical to set out the per bottle rates save that there is presently a concession for all still and sparkling wines in the 11.5% to 14.5% ABV range to have a simplified £2.67 (+VAT) per 750ml bottle duty applied, and this per bottle rate will apply pro rata for other bottle sizes and cases.  

PAYMENTS: An email with an invoice (including any additional charges for delivery and in bond lots) will be sent to you wiithin 48 hours of the conclusion of the auction.  Please note, for first time buyers, payment over the phone by debit or credit card up is permitted up to a maximum of £1,000.  For larger payments, please pay online or by bank transfer.   To pay online and for details on other payment methods, please see our website here. 

STORAGE:
Wine and spirits offered for sale via Dreweatts are stored at LCB Eton Park (previously known as Vinotheque) in Burton-on-Trent: 

Dreweatts
c/o LCB Eton Park
Derby Road
Derby Turn
Burton-on-Trent
DE14 1RY

Storage charges will apply for any lots not collected within 10 days of the sale: £2.50 per lot fixed charge and £0.20 per week or part week thereafter. Please note for large consignments there may be additional charges. These charges will be the sole liability of the purchaser and will be billed directly to them by Dreweatts.  To arrange long term wine storage with Dreweatts, please contact the Dreweatts Wine Department.

COLLECTION:
Collection is possible from Newbury or LCB Eton Park in Burton-on-Trent.  Please do not arrange to collect items without having paid online or by bank transfer beforehand. 

Collection from LCB Eton Park, Burton-on-Trent
Collections can be made 5 days following the sale, Monday to Friday 9am to 4.30pm.  Written notice is required 72 hours in advance of a collection, and all collections are subject to payment having been received by Dreweatts.  Please note that LCB Eton Park are not able to deal with customers directly so all enquiries need to be referred to the Dreweatts Wine Department.  

Collection from Dreweatts, Hambridge Lane
Collection from our Hambridge Lane warehouse is available 7-10 days following the sale and subject to a £2.50 per lot charge.  Collection can be made Monday to Friday 9am-5pm.  

DELIVERY AND TRANSFER:
Lots can be delivered to buyers via LCB Eton Park’s delivery service at very competitive rates. Warehouse transfers can also be made within the LCB network and to all other UK warehouses. If you are planning on shipping wine to the EU, we kindly request you to make your own shipping/courier arrangements.  For all other international shipments, please do not hesitate to contact the Wine Department.  

Delivery arrangements should be confirmed when settling your account.  Please contact Dreweatts Wine Department to obtain a quotation.    

To download a payment and shipping fact sheet, click here.    

THINKING OF SELLING? 
We are now welcoming consignments for our forthcoming Wine and Spirits Sales.  For further details or a free auction valuation, please contact: 

Dreweatts Wine Department
Mark Robertson | Dianne Wall
Direct tel: +44 (0) 1635 553 527
Main tel: + 44 (0) 1635 553 553
E-mail: wine@dreweatts.com 

BIDDING INCREMENTS FOR THIS ONLINE AUCTION:
The online bidding increments prior to the auction are listed below.  Please note during the live auction, the bidding increments shall be at the auctioneer’s sole discretion.

LOT DESCRIPTION SYMBOLS GLOSSARY:

† - Indicates that VAT is payable by the purchaser at the standard rate of 20% on the hammer price as well as being charged on the buyers’ premium.

Ɵ - Indicates that the lot is a zero rated item and therefore subject to buyer’s premium of 26% exclusive of VAT (0% VAT). 

‡ - Indicates that the lot is being sold whilst subject to temporary importation and that VAT is due at the reduced rate (5%).

Ω - Indicates that the lot has been imported from outside the UK and is liable to the standard rate of Import VAT currently 20% on the hammer price.

β - Indicates that the lot is offered in Bond. This applies to wine. Bidding will be at duty paid prices other than for those lots marked ‘IN BOND/β’.

Please see our Symbols Glossary and Terms & Conditions for more information.