Clark Wine Buyers Group Announces September Fine Wines Auction

Online, July 27, 2012 (Newswire.com) - Clark Wine Buyers Group & Clark Field Private Wine Auctioneers spokesman Stephen Davis announced "We are winding down our 3 month buying cycle in preparation for the September Fine Wine Auction"

He further stated "We are now accepting applications from sellers for both the Ordinary Auction and the Priority Auction on a first come first served basis".

Clark Wine Buyers Group Master of Wine MW Stephen Davis said: "We specialize in buying and auctioning fine, rare collectable and affordable New Age wines from the Australia-New Zealand wine growing regions, we also auction champagne, port, Madeira and cognac".

He further stated that "Several more fine wine auctions are to be held held during the year at Clark Field, alongside a number of tutored tastings and events which are open to bidders by invitation only and include the upper crust of Filipino society.

Wines for auction are sourced throughout Asia. The classic regions of Australia & New Zealand are the focus of this year's fine wine auctions, which will also include a limited selection of the best wines from the New World.

The Wine Department's multi-lingual valuation expert, Stephen Davis who is a Master of Wine, is delighted to offer complimentary auction valuations to all wine collectors interested in selling their wine portfolios..

(For non registered parties or Ordinary Auction registrants the normal one time valuation fee of $350.00 US Dollars is waived).

Valuation Details

valuation of wine & champagne -

The first step to selling at the upcoming obtain a valuation of your wine holdings by submitting a detailed list of your wine portfolio.

Auction valuations are free for paid registrants and can be obtained in the following way.

By sending an email to our expert at the email address listed below with a complete listing of all the labels in your portfolio and the price paid. (Important as in the priority auction a minimum opening bid of 80% of original purchase price is guaranteed. Not applicable for the ordinary auction).

Auction Registrar & Venue Coordinator Rick Stark said in a recent interview: "In view of numerous valuation requests we have been receiving on a daily basis registration will be on a strictly frst come first served basis, Stephen Davis MW, our expert in wine & champagne, will be at Clark Field for valuations starting the 1st of August, 2012 until 1 day prior to the auction start date of the 26th, of September, 2012".

For more information or to reserve and register your wines for a ordinary position or a priority position please send an email to [email protected]

The reservation and registration fee's are as listed below and must be paid within 24 hours of requesting a valuation or if contacted by one of our phone reps within 24 hours of verbal expression of intent to enter your wines for sale in the auction.

If the fees are not paid within the allotted time your registration will be withdrawn and offered to the next person on the waiting list as the auction simply cannot accommodate all the investors wanting to sell their fine wines in a single auction.

Registration fees and cost details:

ORDINARY AUCTION registration and reservation fees: $750.00 US Dollars. (No minimum opening bid guarantee and minimum bid is one case of fine wines)

PRIORITY AUCTION registration and reservation fees: $950.00 US Dollars

Benefits of priority registration

Priority registration guarantees your wine portfolio will be sold in it's entirety to a single bidder in a single transaction and the minimum opening bid is 70% of original purchase price/valuation price.

Priority registration guarantees the sale of your entire portfolio or the auction house will purchase your entire portfolio at the end of the auction for 67.5% of original purchase price.

Priority registration exempts sellers from 50% of the required Duties & VAT (Value Added Tax) which would normally be payable on all premiums and charges and exempts the seller from 50% of VAT rates that are chargeable on the Hammer Price.

These Lots are clearly marked in each Auction Catalogue to be distributed 15 days prior to auction.

Priority registration allows for your party of a maximum of two persons to enter the auction and observe the bidding from the observation deck and exempts your party from the $10,000.00 USD show money deposit requirement. (This is for observation purposes only to allow investors to see the bidding on their wine portfolios and bidding is strictly prohibited by observers).

To arrange a free and confidential auction valuation with a view to selling, contact: [email protected]

Additional Charges

There may be additional charges for shipping, packing and storage, if appropriate and agreed to prior to the auction.

There will not be any hidden charges or any fees due that are not expressly agreed to by the seller and the valuation expert prior to the auction.

Conditions of Sale

All sales are subject to the laws and regulations of The Philippines Clark Special Economic Zone (CSEZ).

All sale dates are subject to change. Customers are advised to contact the our Valuation Expert for further details.