Who we are
Ninety and Above operates a small team of dedicated wine consultants, who can guide you through the options available. Using their extensive knowledge of this exciting market, they can help you in selecting the most appropriate wines or champagnes for any occasion or purpose.
One of our consultants can even contact you personally to discuss your requirements. In this way, you can get a better idea about our services and the various options available for you to choose from. A private face to face meeting can also be arranged for you at our office; or at whatever location you’d like. It depends on what kind of meeting you prefer: formal or informal.
Operating independently, Ninety and Above is a team of wine specialists that is run privately and is not limited to a single supply chain. We source and draw our stock from a large network of brokers, merchants and traders so we can attain unusual or highly demanded wine without any issues.
Our primary business is based on the acquisition, supply or disposal of bonded quality wine throughout trading with private individuals and trade customers. Not only do we supply wine for consumption, but for investment too; it entirely depends upon our clients’ requirements. People that wish to sell wine in a UK regulated bond are offered brokerage service by us.
Proof of Origin
Ninety and Above promote the use of reputable storage facilities to all clients, regardless of how many cases they may have or whether they are looking to drink or hold their wine for future sale.
Provenance is very much like a pedigree or service history and therefore is paramount when buying or selling new wine. This is because it affects the value and desirability of the wine in all instances.
The history of where a wine is stored, or how a wine is transported or shipped can often tell a story of the condition or authenticity of origin. For this reason, Ninety and Above only purchase stock from sources that can be verified by virtue of original supplier, purchase and storage of the wine.
This is to ensure that the wine we buy is in pristine condition and we have verification to the best of our ability considering the quality of the wine (which should be of the highest standard before being offered for sale).
Collecting Fine Wine
Gaining financially by buying wine is not a new concept. People have been purchasing wine to offset the cost of their own consumption. They buy and lay down a lot more wine than they intend to drink. This excess wine adds up to their collection which they later sell to subsidise the cost of their own personal consumption.
Slowly and gradually this practice developed into the current use of wine as a solid alternative asset that offers great returns without great financial exposure. Over the last decade, this practice is being adopted hastily. Due to this the values of some of the leading labels have uplifted and caught major interest, also causing a new wine to be recognized as a Class “A” asset within financial circles.
The Market
Fine wine has become a new international marketplace for many wine enthusiasts, one of the most socially and financially rewarding concepts is to build a desirable new wine collection.
Centuries ago, the wine was used as an alternative form of currency. Since then the wine has been an active part of the trading business and is recognized as a tradable commodity that is solid, yet a great asset to hold.
This philosophy is largely responsible for the accelerated use of new wine as a good place to safeguard funds against financial downturns and turbulent economic movements.
Demand and consumption of investment grade wines continue to rise as a greater distribution of wealth is created by emerging economies. As more people discover that wine is a good tangible asset to hold onto, as well as is socially enjoyable and rewarding, a new generation of wine consumers and wine collectors is formed.
A greater demand is then placed onto some of the most sought-after, low production wines, which considerably reduces the availability of top labels. It is not difficult to see how demand can easily outstrip supply as the market continues to grow with the most exclusive vineyards producing 3,000 cases and the majority producing somewhere between 10,000 – 18,000 cases annually.
Tax Benefits
Wine falls under the 50 Year Rule and is deemed to be a Wasting Asset by HRMC because the tax treatment of wine is an unusual one. It is based on the assumption that wine is bought predominantly for consumption and if left for extended periods of time becomes undrinkable.
Due to this, wine is regarded as one of the last remaining tax-free areas where private individuals are not taxed on gains. The interpretation depends largely on how the wine is bought, stored and sold. However, there is a degree of speculation regarding this.
We suggest you speak with your personal tax consultant or accountant regarding your own tax circumstances this as the tax legislation keeps on changing constantly.
Since there is no direct correlation to financial markets single laws of supply and demand dictate the availability of naturally limited consumable and perishable product of exceptional quality that will diminish over time and cause a premium to be attached to available stocks, in more recent years, the buying of new wine is considered a strategic hedge by the financially astute.
Selection
It’s not easy to know which wine to select if you are new to the new wine. This is why we appoint one of our Senior Consultants to guide you personally and assist you throughout this process. They will help you in selecting the most appropriate wine that can suit your needs (whether for drinking pleasure or desirable collection value).
The selection process majorly depends upon your purpose of purchase, your individual budget and wine availability in the market at the time of purchase.
Options
Based on market buying trends, our consultant will recommend you the most suitable best wine options that perfectly match your specific requirements and can be easily bought under your budget.
Wine Reservation
Once you’ve made your choice, the buying process is pretty simple. Our Consultant will send you a Wine Reservation Form to confirm the details of the wine, the quantity of the wine and the purchasing prices of the wine; so you can be pretty clear about what exactly you are buying.
Ninety and Above will issue the necessary paperwork required for you to open your own private account with a rebuttable bounded warehouse once the confirmation of your purchase and the receipt of payment is received.
If you wish to sell your wine to the open market, Ninety and Above operate a wine broking service.
We make a standard commission charge of 10% for selling private wine stock based only on the profit realised for wines that are purchased through Ninety and Above.
When the process is complete your account is open, the transfer of your wine to your private account for safekeeping will be arranged by us.
Contact Info
111 Park Street’ Mayfair, London, W1K 7JF
