The Wine Lover's Guide to Auctions: The Art & Science of Buying And Selling Wines
by Ursula Hermacinski
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Book Summary Information
Author: Ursula HermacinskiForeword: Michael Broadbent
Edition: Paperback
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2007-03-15
ISBN: 0757002757
Number of pages: 256
Publisher: Square One Publishers
Book Reviews of The Wine Lover's Guide to Auctions: The Art & Science of Buying And Selling Wines
Book Review: Sold!
Summary: 4 Stars
Ursula Hermacinski has been a wine auctioneer at Christies and elsewhere for over 20 years. Her well organized book is a clear exposition of the auction process.
Part One is a summary of the history and details of auctions and a short lesson in wine basics. Part Two is a superb tutorial in reading wine catalogs; she describes the bidding process, whether you attend in person, by telephone, or increasingly on the Internet. Part Three helps you decide which auction house to use to sell wine, and details many of the pitfalls: bad wines, shipping damage, handling charges, and more. Part Four is the weakest section, a sort of hodgepodge dealing with charity auctions and learning about wine: travel to wine regions and taste lots of wine is the essence of her advice.
The book is crisply written and is a useful source of trade secrets on how to try to buy wines inexpensively. It is well to remember that Ursula Hermacinski, though, is an auctioneer and has a self interest in encouraging buyers and sellers. One reviewer found her "so motivating one can hardly wait to zip off to the next auction and wave that bidding paddle with confidence."
Go slow say I.
One of my best auction hints if you are looking for a bargain is to never open the bidding. If the lot is unsold, you may be able to buy the lot by negotiation after the sale.
I've given this book only four stars for two reasons: first, except for general interest, it is applicable to only a tiny group of wine consumers. Second, the wine auction business is fast moving, driven by a number of factors including shipping laws in the United States, the growth of Internet auctions and uncertainty about the legal ramifications, and a serious problem with counterfeit wines.
If Ursula Hermacinski would enhance this book, say with an author's blog on Amazon, so she could keep her readers up to date, the book would be worth five stars for the clarity of her writing.
Robert C. Ross 2008
Summary of The Wine Lover's Guide to Auctions: The Art & Science of Buying And Selling Wines
The popularity of wine has skyrocketed in recent years. While millions of people around the world have come to appreciate both its elegance and its taste, a growing number of collectors also recognize wine as a sound investment. For these individuals, as well as for top chefs, restaurateurs, and wine enthusiasts, the wine auction has become an important place to find truly superior wines--and often at great prices! Those who are unfamiliar with these exciting events, however, may find them somewhat intimidating. Now, in The Wine Lover's Guide to Auctions, internationally renowned wine auctioneer Ursula Hermacinski removes the mystery of wine auctions by providing a clear explanation of how they work. Even the wine-auction novice can become a successful player.The guide begins by exploring the fascinating history of wine auctions. It then provides information on wine basics and details the mechanics of the auction process--for buyers and sellers. You will meet all the players involved in these events and discover a number of insider secrets that will enable you to save time and money. Rounding out this book are helpful hints on starting--or expanding--your wine collection, choosing the best auction house for your needs, and organizing your own wine tasting.
Whether you plan to participate as a buyer or seller, The Wine Lover's Guide to Auctions will help you get the most out of your auction experience. Enjoy!
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