ABOUT
WHO ARE WE?
Whisky Buyers was launched by a small group of passionate whisky collectors. Their aim? Simply to provide a simple and punctual way for people to sell their unwanted whisky at a fair market value.
AN ALTERNATIVE FROM GOING TO AUCTION…
Whisky Buyers offer a quick and simple alternative to selling through an auction that ensures you get a fair price for your whisky based on the secondary market value. You receive payment immediately upon receipt of your bottle(s), either in cash or via bank transfer. If you wish to expedite the sale, the process can be completed within 1 day in some circumstances, from picture submission to receiving the funds in your account.
WHAT WE DO DIFFERENT…
The process of selling at auction can be a long and often onerous process. You can be required to send in your whisky weeks ahead of time, then there is the auction run time (usually 7-10 Days), and you may then wait a further 4-8 weeks to receive payment. This totals a potential 12 week long process from start to finish (and that’s only if you make a successful sale). There are also numerous fees and additional costs that can add up and are easily overlooked when initially receiving the auction's estimates, but can make a significant impact on the price you are actually paid. If any particular bottle(s) fail to either; attract bidders, or make the minimum offer amount/reserve price, and do not sell, you are still liable to pay the listing fees and any reserve fees you requested. In addition, you will likely incur an additional cost for the auction to return the bottle to you via courier. Therefore, you may actually be required to pay the auction in the above circumstance, while being no further forward in the sale of your bottle(s).
Selling via Auction
Bottle listing fee ( £5-£10 per bottle, payable regardless of the bottle selling or not)
Commission on the final hammer price of each bottle (5%-10% of the hammer price)
Reserve fee is also applicable if you wish to set a minimum bid amount (£5-£10 per bottle)
VAT (Value added tax) on the fees and commission payable (20%)
Potential 12 week waiting period
Selling via Whisky Buyers
No listing fee
No commission
No reserve fee
No VAT
Potential same day payment