FAQ

The wine industry overall is under strict regulations. All top wines have serial numbers or QR codes, which make it easy to identify the wines. Fraud is always a possibility, but in our case it’s highly unlikely since our wines come through trusted partners or from the biggest B2B fine wine marketplace Liv-ex, which has its own fraud prevention methods in place and provides a guarantee. From a storage fraud prevention standpoint we have set up systems that provide storage conditions information in real time, so we can always keep our eye on our wine cellars. We will also provide a certificate of proper storage conditions when selling the wines.

All our wines are insured at current average market value. When a customer stores wine in our cellar and decides to take it out, then he will have an option to get a refund according to the storage contract’s repurchase agreement. Liv-ex gives quarantee to us for every wine (because they make a check for every bottle before they take wines in to storage) and every wine case has unique code. When wine is damaged or comes out of cork error, there is a repurchase commitment by LeVinum in the storage contract

Selling fine wines and storing them isn’t specially regulated besides only excise house rules which requires the movement of wines to be controlled and documented. Because of that we can sell wines with 0% VAT when keeping in under excise house storage.

The best regulation for wine critics is the Master of Wine title. We use only the world's most famous critic's scores and opinions, they are trustworthy and reputable in the field of fine wine trading. We look at wine critics such as James Suckling, Robert Parker, Wine Advocate, Wine Spectator, Jeb Dunnuck, Neal Martin, etc.

With a conservative risk level, you will invest into traditional investment wines (Liv-ex 1000). The expected return will be around 10% with a timeframe of 10 years minimum. With a moderate risk level, you will invest into Piemonte, Tuscany and Burgundy regions that have gained popularity in the last 10 years. The expected return from this investment will be around 13-15%, timeframe 10+ years. In high-risk investments there are smaller chateaus that are gaining popularity and have got great scores from critics. There’s no way of calculating the expected return rate for those. Average annual profit is about 13% per year. When taking out expenses then neto profit comes within at least 10 years 10%. So when you buy today 100 EUR wine, it could be about 200 EUR after 10 years.