After two decades at one of the world’s leading auction houses, Allan Frischman has joined our team, as Vice President of Global Client Reserves. We caught up with him to dive into the world of auctioneering, his 30 years in the business and his new role “The only thing more fun than drinking wine is…
A decade ago, I owned two bottles of 2000 Pavie, which I decided to sell. To do so, I resolved to learn how to auction wine online. At the time, I hadn’t sold any wine online before; I didn’t know which websites were the most trustworthy. After some research and recommendations from my tasting group, I found an online marketplace that not only helped me sell off my Pavie, but also took care of other details like photos and shipping. Today, I sell all of my wine online because it’s more convenient than selling through traditional auction houses.
A year ago, I was having dinner at one of my favorite wine bars in town when I noticed that the owner looked a little morose. I’d known him for two years, and he was usually boisterous and optimistic–that night, he seemed distracted and cranky. I asked him how he was doing, and he said,…
Sometimes, sellers will put a bad wine case up for auction without realizing there’s anything wrong with it. Take premox for example; unless you open one of the bottles, it’s not immediately apparent when a case of wine has been impacted. A collector might naively invest in a vintage that’s notorious for premox problems, keep…
A few years back, I invested in a case of New Zealand Sauvignon Blanc that I hadn’t personally tried, thinking it would be as good as the previous New Zealand vintages I’d sampled. Later, I opened the first bottle and discovered that I absolutely hated it. The wine tasted flabby and dull, and I thought…
Premature oxidation (premox) catches even the most seasoned wine collectors by surprise, and it’s easy to accidentally invest in an oxidized case at auction. Collector Billy Grippo has an expansive collection containing several thousand bottles at a time, and even he’s fallen victim to premox wines. Grippo explains, “A lot of people put their wines…