Our data starts tracking the market from 2005 and is continually updated every month. Our aim was to make the Wine Indices interactive and provide the functionality to let the user choose the timeframes and compare the regions that interest them with the financial markets. They are valuable for anyone interested in the wine market, from buyers to sellers to journalists, and for both consumers and wine collectors. These indices are made from live auction sale prices, so they reflect true market prices paid by both consumers and the wine trade (not just B2B). ![]() Our data is the most comprehensive single source that reflects the global secondary auction market, including all Sotheby’s auctions in London, New York and Hong Kong. The PLCB may make determinations as to ineligible or disqualified entries at any time, and the PLCB’s decisions relative to such matters will be final and non-appealable.We created our Wine Indices as a useful tool so anyone can look at the market performance of fine wines, from different regions, with data taken from only one source, Sotheby’s, with the highest standard of quality of wines offered for sale. The PLCB will also review all winning entries following their selection to verify the eligibility of the entrant and the entry. The PLCB will review each entry prior to the drawing process to confirm the eligibility of the entrant and the entry. In addition, licensee drawings will be conducted prior to individual consumer drawings.Īny remaining entries submitted by a winning entrant will be removed from subsequent drawing pools as the drawing process progresses.Īll drawings will be witnessed by an independent third party. Moreover, the drawings for any multi-bottle package product codes will occur prior to any drawings for single bottle product codes. For any Lottery, the drawings for the product codes having the smallest number of bottles available will occur first, and will be followed sequentially by drawings for offerings having larger allocations. ![]() The PLCB will use a random drawing process to select the winning entries relative to each product code drawing conducted as part of a Lottery. Any licensee who submits, or is suspected of submitting, multiple entries under the same license for the same product code drawing may be disqualified. Holding a secondary permit, such as a Wine Expanded Permit, does not entitle a licensee to submit any additional entries. ![]() If more than one entry is submitted for the same product code drawing by different individuals living in the same household or sharing a billing address, the PLCB may either disqualify all entries or accept only the first entry received from that household or billing address.Įach licensee may enter a maximum of one time under each license that it holds per each product code drawing conducted as part of a Lottery. ![]() There is also a limit of one entry per household or billing address for each product code drawing conducted as part of a Lottery. Any individual consumer who submits, or is suspected of submitting, multiple entries for the same product code drawing may be disqualified. The PLCB may also withhold or move certain quantities of its available inventory in order to satisfy operational needs.Įach individual consumer may enter a maximum of one time per each product code drawing conducted as part of a Lottery. Available product code inventory may subsequently be redistributed between licensee and individual consumer drawing pools based on the level of licensee and individual consumer interest generated by each Lottery. The PLCB will similarly attempt to equitably distribute any multi-bottle package wine and/or spirit product codes between the applicable licensee and individual consumer drawings however, these percentages may vary from the standard 25%/75% split. The PLCB will attempt to proportionately distribute its inventory of products made available for sale through a Lottery as follows: approximately 25% of the inventory of any single bottle wine or spirit product code will be reserved for the licensee drawing associated with that product code, and approximately 75% of the inventory of any single bottle wine or spirit product code will be reserved for the individual consumer drawing associated with that product code.
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