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A GUIDE TO SELLING RUM AT AUCTION, STEP BY STEP

A GUIDE TO SELLING RUM AT AUCTION, STEP BY STEP

 

RumTrades makes it simple to sell rum online.

 

If you want to sell rum on the internet, our team is continuously accepting entries for our next rum auctions.

We also offer free expert rum valuations and complementary bottle pickups throughout the European Union.

Please follow the instructions below or contact us directly if you have a bottle of rum you'd like to sell or have valued.

 

Take a look at our upcoming auction dates!

 

STEP 1: SET UP YOUR ACCOUNT

By creating an account, you will be able to sell your stuff to a global audience of rum fans in our regular monthly and exclusive auctions.

It's completely free!

 

STEP 2: REGISTRATION OF BOTTLES

Simply click "Sell" in the upper bar, fill out the form with the bottles you want to sell, the reserve price (if applicable), and any other specific information or bottle damage we should know about, and then choose your chosen shipping method to get your bottles to RumTrades.

You will receive an e-mail shortly after that verifying that we have received your lot registration as well as the selling mandate.

Print it, sign it, and place it in your package.

 

STEP 3: SEND US YOUR BOTTLES

You can choose from these options.

 

Sellers work directly with their preferred courier firm to arrange delivery.

 

We can arrange for a free pick-up service for larger collections or unusual items.

If you would like to learn more about our pick-up service, please contact our customer service department.

 

If you live near the RumTrades, you can drop off your stuff at our Rome headquarters.

RumTrades | W-Trades srl, Via del fosso di s. Andrea 41, 00118 Rome, Italy +39 06 86357244 

To make arrangements, please contact us by phone or email (info@rumtrades.com).

 

You can bring your stuff to our collection site in Rome if you reside near the RumTrades.

+39 06 86357244 RumTrades, Via di Tor Vergata 257, 00133 Rome, Italy

Monday through Friday, 9 a.m. to 1 p.m. / 2.30 p.m. to 6 p.m.

 

STEP 4: AUCTION

Once we receive your bottle(s), we will inspect them for quality and condition, and if they are satisfactory, we will begin the process of preparing them for auction. We will take excellent photos, write clear and precise lot descriptions, and go to work promoting your bottles to our global rum fan audience. The bottle(s) will be listed in the next auction that becomes available. Here you may find information about forthcoming auctions.

 

STEP 5: PAYMENT

If your item has been successfully sold, payment is issued to the seller 14 days after the order is delivered.

If a piece with a reserve does not sell, we can either list it in a future auction (subject to costs) or arrange for delivery back to you (subject to delivery charge).

More information on seller's fees and payment conditions can be found here.

 

BACK TO HELP
FAQ
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WHAT FEES ARE INVOLVED FOR SELLING RUM? 
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Seller Commission: 5% of the final hammer price 

For more in-depth information about the fees involved for selling rum online, please visit our seller’s fees and payment terms page.

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HOW MUCH IS MY RUM WORTH? 
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If you have a bottle or collection that you are interested in selling, at RumTrades we're happy to provide free, no-obligation expert valuations for our customers.

Our valuations are based on previous auction results, latest market trends and current retail prices and must be regarded as estimates.

Find out more about free request valuation here

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WHAT IS THE RESERVE PRICE?
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The reserve price is the lowest price the seller is willing to accept before selling his item(s).

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WHAT IF I PLACE A RESERVE ON A LOT AND IT DOES NOT SELL?
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If your item fails to meet a reserve price, we still require the listing fee and reserve fee be paid. 

After that we will re-list your item in the subsequent auction (subject to fees) or arrange for delivery back to yourself (subject to delivery charge).  

Find out more information about seller's fees and payment terms here

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HOW MANY ITEMS CAN I SUBMIT TO SELL? 
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You can submit as many items as you like! 

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I HAVE A LARGE COLLECTION TO SELL. HOW CAN RUMTRADES HELP ME? 
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RumTrades offers sellers a full range of bespoke services when it comes to larger private collections. We work side by side with private collectors to make the process of using our services as seamless and straightforward as possible with one or more experts at your disposal.

If you have a large collection to sell, please get in touch with our customer service team.

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ARE THERE ANY ITEMS YOU DON'T ACCEPT? 
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Due to various reasons the following goods may not be sold through our Site:

  • bell's decanters
  • dimple ceramic decanters
  • cream liqueurs
  • unofficial samples / minis (this includes press packs which are unsealed)
  • unofficial / homemade merchandise
  • goods (including bottles) which are unsealed or where the seal or packaging is no longer intact
  • goods whose contents are leaking
  • goods which are in a condition which is not suitable for sale, for example which are mouldy; and/or items which contain foodstuffs other than alcohol or whose use by date has passed

RumTrades reserves the right to accept or reject any items at their own discretion.

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