Kelly Clark Wine Accessories Online Guide

Wine Distributors

July 29th, 2011 | Author: Kelly

wine distributors

Wine Appraisal – Protecting your assets!

Many of us who are enophiles have amassed quite a valuable collection of fine and rare wines. We appreciate the artistry of wine, drink it regularly, and often boast to our friends when we acquire a wonderful treasure. This being said, we happily proceed with our passion and pursuit of collecting, never giving a second thought to protecting our wine as we do our other valued assets. Is your wine collection insured and has it been expertly appraised?

If you have a substantial collection of fine and rare wines, you should seriously entertain the thought of having your wine professionally appraised. Imagine the worst case insurance claims scenarios such as fire, flood, mechanical equipment failure (i.e. cooling unit in your wine cellar dying), and theft! These disasters could wipe out your entire wine collection instantly. Does your homeowner's insurance policy [The following insurance companies offer wine insurance policies. Firemans Fund, Travelers, Chubb, AXA, and InsureYourWine.com.] protect your wine collection currently? In most cases, your homeowner's insurance policy would require you to obtain an additional rider to your existing policy to protect your wines. Your insurance company requires that a dollar value be placed upon your entire wine collection, and this valuation is usually performed by an expert on valuation, a certified appraiser).

Have you ever considered other issues affecting your wine collection such as personal investment, estate planning, charity donations, and tax issues? These legal concerns also require the need for a certified wine appraisal. The IRS Tax Code changed in 2007 and any charitable donation you make to a nonprofit in excess of $500 dollars requires the filing of IRS tax form 8283 and also requires attaching a copy of your certified wine appraisal to your tax return.

What are the qualifications of a certified appraiser? A certified appraiser is someone who possesses training, an appraiser designation, and certification in the Uniform Standards of Professional Appraisal Practice (USPAP), which is a federal guideline established by the US Congress in 1986. All USPAP certified appraisers are registered with the Appraisal Foundation in Washington DC, and are overseen by the appointed congressional sub-committee. Are appraisers licensed? Only real estate appraisers are currently required to be licensed in most states. Personal property appraisers (i.e. wine appraisers) are not required to have a license, but are certified in USPAP just as real estate appraisers are. Unfortunately, your local wine shop retailers and wine distributors, although knowledgeable about the wines they handle and sell, are not qualified as appraisers, unless they are trained appraisers and certified in USPAP.

How can you spot a fraudulent appraiser? There are many appraisal organizations today awarding designations to appraisers, but do not be deceived by these designations! Only those appraisal organizations offering appraisal certification in USPAP are legitimate. Ask to see the appraiser's proof of his/her USPAP certification or his proof of registration with the Appraisal Foundation in Washington DC. Footnote: It is a violation of USPAP for any certified appraiser to charge a percentage of the appraised value as a fee. Legitimate wine appraisers charge a flat fee or hourly rate only.

Wine appraisal work is not cheap! Don't let appraisal television programs mislead you into believing that a wine appraiser has quick and easy job. We don't! A wine appraiser must inventory, noting condition and significant information, and photograph all of the wines to be appraised. This can take easily one day or longer. Then the wine appraiser must research the wine and pull his/her market comparison sales data (i.e. comparables). The time involved in this task alone can take days. After these steps have been completed, then the wine appraiser must write the wine appraisal report. USPAP also requires that an appraiser must keep the appraisal report for a period of five years, and seven years if an appraisal case is involved in litigation, before the reports can be destroyed. As you can easily see there is a great deal of work that goes into generating expert wine appraisals.

Over the years, I have appeared as an expert witness in many court cases in which issues of valuation were disputed by individuals, insurance companies, etc. More often than not the presiding judge would dismiss the other party's alleged expert witness, usually a wannabe appraiser, as being unqualified and unfit due to their lack of appropriate appraiser credentials. I have not lost a case yet, or a case of wine for that matter. Protect your wine assets and have them professionally appraised.

About the Author

Tom DiNardo is the founder of DiNardo & Lord Auctioneers. He is a nationally recognized keynote speaker, licensed auctioneer, certified master appraiser, expert witness, and sommelier and wine educator. DiNardo & Lord Auctioneers is ranked as one of the nation's "Top four benefit auction firms," and has raised over $50 million dollars for nonprofits.

Increase your wine sales! More than 8000 wine distributors included...

Metrokane Rabbit Wine Aerating Pourer

$10.98

Simply insert the Rabbit Aerating Pourer into your wine bottle as you would a conventional pourer. When you pour the wine you see and hear the aeration happening. When you taste it you enjoy the enhanced flavor and bouquet of perfectly aerated red wine. The Rabbit Aerating Pourer is the first easy uncomplicated way to aerate wine....

Nuance Wine Finer

$27.95

The subtle taste nuance of a fine red wine only comes out when the wine is thoroughly oxidized. This is easily and elegantly taken care of by the Nuance Wine Finer. In just 30 seconds you can decant a whole bottle of red wine while pouring it into the glasses. The elegant pourer filters out all sediments, pieces of cork and tartar, while a rushing sound of bubbles gives evidence of the efficient o...

Soapstone Whiskey Stones

$9.95

Our Soapstone Rocks can be used as Whiskey Stones, Wine Stones, or Coffee Stones.

Sustain the temperature of your drink without watering it down. Enjoy Climate Control for your drinks.

While there are plenty of opinions about the BEST single malt scotch available, there is only one way to serve it up! Our reusable soapstone cubes chill your fine liquor without diluting the superior tasting no...

Hollandlac Satin Enamel Paint W1088S-M Wine Red

Hollandlac Satin is a high performance interior or exterior enamel paint with a sophisticated, understated sheen. This formulation yields superior coverage and an easily maintained washable finish. Hollandlac Satin enamel paint flows on easily, levels beautifully and conceals minor surface flaws....

Sideways (Widescreen Edition)

$5.00

Bold and tasteful dramatic comedy follows recently divorced failed novelist Paul Giamatti as he takes his engaged struggling actor best friend Thomas Haden Church on a week-long trip to California's wine country. While spending their vacation drinking, golfing and taking stock of their lives, the buddies begin to rediscover the flavor of life after they encounter feisty wine steward Sandra Oh and ...

April Wine-Live in London

$9.62

This DVD contains a complete and incredible concert performed at London's Hammersmith Odeon during the band's 1981 tour of the UK. They formed in late 1969 in Halifax Nova Scotia and their first hit "Fast Train" appeared in 1971 the same year as the self-titled debut album. The next year brought the band's first Canadian number one single "You Could Have Been a Lady" from the On Record album. In 1...

TÃ¬nh cay ruou nong (Terror And Dry Wine)

$19.99

...

Remington BHT-650 Cordless Rechargeable Back and Body Extendable Groomer

$26.79

The Remington BHT-650 Back and Body Extendable Groomer gives you total control over body hair so you can look and feel your best. The ergonomically designed 7-inch extension makes it easy to trim the back and other hard-to-reach places without getting tied in knots! With its advanced 360 degree bi-directional trimmer heads and titanium-infused blades, you get a fast, precise trim every time. This ...

LUAU -24 message in a bottle Tropical INVITATIONS - wholesale LUAU party supplies by wholesale-distributor

$29.99

Wonderful Luau / party favor item
2 dozen INVITATION in a Bottle kits
each kit includes a plastic bottle w/cork, scroll invitation, mini plastic sunglasses, a little packet of sand, a mini cocktail glass, cocktail umbrella, and mailing label. you receive 24 of these kits.
*********IMPORTANT! ******Standard shipping means USPS parcel post that takes 7-21 days for delivery! - Expedited shipping =US...

TruNature Resveratrol Maximum Strength with Red Wine Extract-250mg -140 Softgels

$20.97

Maximum Strength Resveratrol is designed to promote antioxidant health by fighting against the effects of free radicals. Antioxidant protection can be important for your overall health and wellness, as free radicals can lead to the premature aging of cells. Each softgel supplies more Resveratrol than you would receive from a typical bottle of Red Wine - without the calories or alcohol!...

.
Hi wine lovers, welcome to our site. Check out the Wine Distributors products below. You"re love it!
.