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Sotheby’s Wine Storage Rates and Additional Information
| Price in NY + Any Applicable Tax | Per | Notes | |
|---|---|---|---|
| Inventory Management & Access | $30.00 | Case | Minimum of $500.00 per year from October 1 to September 30 |
| Receiving (Sealed Solid Case) | $6.00 | Case | $3.00 for cases purchased from Sotheby's Wine |
| Receiving (Mixed Case) | $12.00 | Case | $6.00 for cases purchased from Sotheby's Wine |
| Receiving & Photo (Solid Case) | $12.00 | Case | $6.00 for cases purchased from Sotheby's Wine |
| Receiving & Photo (Mixed Case) | $18.00 | Case | $9.00 for cases purchased from Sotheby's Wine |
| Outbound (Full Case - Solid or Mixed) | $12.00 | Case | For pickup only. Additional delivery fees may apply. |
| Outbound (Split Case - Solid or Mixed) | $25.00 | Case | For pickup only. Additional delivery fees may apply. |
| Repacking into Sotheby's Wine Carton | $10.00 | Case | Sotheby's Wine may repack any wines not suitable for storage |
| Property Management Fee | 1.75% | Value | For bearing liability for loss or damage |
| Delivery/Collection in Manhattan south of 125th Street | $35.00 | Case | $10 for each additional case. Contact us for other rates. |
| Inspection Fee | $21.00 | Case |
For pulling the wine for client inspection. |
- Inventory Management & Access (IMA) fee, for maintaining inventory information online and handling and administration of the inventory, is an annual rate and calculated based on the property in storage on October 1 for the following 12 months. The rate is not prorated for taking out any property early.
- A case is defined as one container holding at least 1 bottle, or original packaging for wines or spirits.
- Property Management Fee (PMF) to cover liability against loss and damage is calculated based on the property in storage on October 1 for the following 12 months. The fee is not adjusted for taking out any property early.
- Please allow up to 15 business days for the wine to be received to your account.
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July 27, 2003
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