‘eBay’ wine auction site opens

17th April, 2013 by Rupert Millar

A new wine auction website that refers to itself as the “eBay” of the wine trade has launched to allow merchants to anonymously sell off excess stock.

bottomofglassGrapePip, started by Caspar and Victoria Bowes, who also own Bowes Wine, have designed the site as a means for wine merchants to clear excess stock without having to resort to hefty discounts in their own catalogues.

As the website explained: “All wine merchants hold wines they would rather convert into cash. GrapePip is where these wines are offered in a centralised, interactive marketplace.”

The wines are sold through a time-limited auction, very similar to e-bay. Only merchants can put wine on to sell but the site is open to everyone as long as they register. All vendors’ identities will remain anonymous.

None of the wines have ever been sold before and all have been properly cellared. GrapePip charges a 10% commission plus VAT per sale to the vendor and 5% plus VAT to the buyer.

Certain wines with press tasting notes will have those descriptions added to their profile. Those that do not will have a short note written for them by wine writer Simon Woods.

The location of each lot is included in the notes. To move the wine from one warehouse to another or to a buyer’s address will incur additional charges but moving the wine from one account to another within the same warehouse is free.

Currently only 10 French wines and one Austrian wine are available to buy. The French wines are all Rhône and Burgundy, including a case of 2008 Rebourgeon-Mure Pommard premier cru Clos des Arvelets for £170 (one week left to bid), another case of 2008 Puligny-Montrachet Les Purcelles for £321 and a case of 2009 René Rostaing Côte-Rôtie Ampodium for £310.

The Austrian wine is a case of 2009 FX Pichler Riesling Steinertal Smaragd for £220.

Although the selection is currently quite limited, provision has been made to include wines from Romania, Bulgaria, Turkey, Switzerland and Uruguay as well as Chile, Germany and Italy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Administrative Assistant

Swig Wines Ltd
Chiswick, London, UK

HR Manager

Amathus Drinks PLC
London, UK

Beer Development Specialist

Matthew Clark
London, UK

Senior Sales Manager

Haynes Hanson & Clark
Gloucestershire, GB

Customer Services Administrator

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Group
London, UK

Inventory Analyst

Bibendum PLB
London, UK

Events Executive - Atom Supplies

ATOM Supplies Limited
London, UK

Off-Trade Sales Account Executive

Domaine Direct
Nationwide, working from a combination of home & London office.

Sales Executive/Brand Ambassador

Glenfarclas
Ballindalloch, Speyside, UK

Client Manager

Noble Rot
Wandsworth, London, GB

Spirits Investment Director

Stilnovisti
London, UK

Junior Brand Manager

Enotria Winecellars
Park Royal, London, UK

Content & Digital Assistant

ABVGlobal
London, UK

Sales Manager

Cellar Trends
London, UK

Champagne Masters 2017

Deadline : 7th July 2017

The Global Sparkling Masters 2017

Deadline : 10th July 2017

The Global Malbec Masters 2017

Deadline : 10th July 2017

The Global Syrah Masters 2017

Deadline : 18th July 2017

Click to view more

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

Click to view more