@ZachysAuctions

KeeperCollection @KeeperColl: Welcome to #SommChat everyone! Tell your friends to join us to learn about #wine auctions from Global Managing Director for @zachysauctions, Jamie Pollack!

KeeperCollection @KeeperColl: We're about ready to dive in w/questions, so shout out to Jamie to say hello & so she knows you're here! #WineWednesday #SommChat

KeeperCollection @KeeperColl: Don't forget that EVERY tweet during this chat should include the #SommChat hashtag in order for everyone to see it!

KeeperCollection @KeeperColl: As we ask Jamie Pollack @zachysauctions our Qs, you can ask your Qs as well! She'll do her best to answer all Qs in the order they come #SommChat

KeeperCollection @KeeperColl: W so many participants lots of gr8 Q's R asked! Even if u dont ask 1--give a S/O 2 @keepercoll & @zachysauctions 2 let us know u R here! #SommChat

KeeperCollection @KeeperColl: Let's start talking #wine auctions with Jamie Pollack from @zachysauctions! #SommChat

Jamie Pollack for @zachysauctions: so excited to be here in #Austin - my first time in #ATX and can’t wait to hear from all of you and talk @zachysauctions on #SommChat

KeeperCollection @KeeperColl: @zachysauctions Jamie, tell us about how someone can buy #wine at Zachy’s auctions? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll It’s easy for the first timer! Look at our catalog online at bit.ly/2DAoe0j or get a hard copy, then bid absentee, online or by phone. on this site U can see both the live sale and z Collections for our internet auctions #SommChat

KeeperCollection @KeeperColl: Q fr #SommChat #Somm Jamie does @zachysauctions see much participation from #wine Directors buying on your auction in states where allowed

Jamie Pollack for @zachysauctions: @keepercoll YES we definitely see participation from #Wine Directors because #Auction is a natural fit to find older, mature, ready to drink #wines perfect to add depth to already great #wine lists #SommChat

KeeperCollection @KeeperColl: @zachysauctions how do you find the #wines that you auction off and how do you decide which #wines make it to auction? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll We source #wine from the cellars of private collectors, some of which have been collecting for decades. #Bordeaux, #Burgundy, #Champagne, #Piedmont, #Napa —we focus on the most famous regions. #SommChat

KeeperCollection @KeeperColl: Q fr #SommChat peep: Is there a minimum price per bottle for @zachysauctions and how long has Zachys been doing auctions?

Jamie Pollack for @zachysauctions: @keepercoll @zachysauctions has been holding #Auctions in #NYC since 95 and in #HongKong since 08… #SommChat

Jamie Pollack for @zachysauctions: @keepercoll The MIN bottle value for our live #Auctions is $85 and for our Internet Auctions known as “zCollections” is $35 and these values R secondary mkt resale values of the bottles not retail release price…. #SommChat

Jamie Pollack for @zachysauctions: @keepercoll so basically the current market resale value of the #wines at Auction must meet this minimum pricing #SommChat

Jamie Pollack for @zachysauctions: @keepercoll if curious to know the current secondary mkt of a #wine U can view all recent hammer prices at #Auction on a website called bit.ly/2DCtnVK #SommChat

KeeperCollection @KeeperColl: @zachysauctions if a #wine has not been active in #Auctions for over 2+ years how do you determine the value? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll @zachysauctions would look at current mkt trends for “like" region, vineyard, vintage and producer and deduce from there #SommChat

KeeperCollection @KeeperColl: @zachysauctions how do people find out or know where and when the #wine auctions are happening? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll Our website has a calendar with all of our upcoming auctions bit.ly/2DDix21. They’re open to the public, and we serve great wine to bidders! AND you can get our email list to be 1st in the know #SommChat

KeeperCollection @KeeperColl: @zachysauctions have you always known you wanted to work in the #wine industry? If not, what started this path? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll I did not grow up with fine #wine in the house. My first real job post-university was selling pharmaceuticals. Going to great dinners/wine tastings with my clients sparked my passion for wine. #SommChat

KeeperCollection @KeeperColl: @zachysauctions describe what your job as Global Managing Director of #Wine Auctions is like #SommChat

Jamie Pollack for @zachysauctions: @keepercoll It is an absolute dream job. #Zachys has hands down the most talented and experienced #auction team in the world, so I am blessed to have my co-workers. Our clients are second to none, consisting of collectors from across the globe... #SommChat

Jamie Pollack for @zachysauctions: My job is 2 ensure we only bring the best product to market, highlight each collection in a superior light, and serve each client with white glove treatment. #Wine is all about experience, and that's what I get to enjoy with our clients: great wines, with great company! #SommChat

KeeperCollection @KeeperColl: Q fr #SommChat #Somm do you ever have #restaurants which are closing approach @zachysauctions to sell there #wine inventory and do you vet it the same?

Jamie Pollack for @zachysauctions: @keepercoll yes we have represented a number of #restaurant collections whether just closing or interested in reducing their inventory. We vet them the same as every other collection #SommChat

KeeperCollection @KeeperColl: @zachysauctions what makes Zachys unique from other #wine auction houses? #SommChat

Jamie Pollack for @zachysauctions: .@keepercoll @Zachys is a family owned, third-generation business with #NewYork roots, but a global reach. We have a huge retail operation as well as our #Auction division. #SommChat

KeeperCollection @KeeperColl: Q fr #SommChat #Somm @zachysauction do you ever get offers to sell #wines from #wineries inside and outside of the #US

Jamie Pollack for @zachysauctions: Yes we call those offers “domaine direct consignments” and we have had many brilliant offerings, i.e., in Sept 2017 #Auction we had an offer from @vegasicilia Unico with vintages back to 1942!… #SommChat

Jamie Pollack for @zachysauctions: & if you love #Napa our #NYC #Auction next week includes Domaine Direct Consigments from 2 of Napa’s greats - Dana Estates vintages 2005-2013 & rare large formats from Maybach #SommChat

KeeperCollection @KeeperColl: @zachysauctions we imagine you see some very rare and/or old #wines in your #Auctions - any you can mention to our #SommChat peeps?

Jamie Pollack for @zachysauctions: Excited to share that in our Feb 3rd #Auction we have not 1 but 2 bottles of 1902 #Lafite! and we have a bottle of 1918 Cheval Blanc…. #SommChat

Jamie Pollack for @zachysauctions: And the oldest bottle we have auctioned thus far (in 2016) @zachysauctions was a 1748 Madeira Verdelho Justino Henriques Solera #SommChat

KeeperCollection @KeeperColl: @zachysauctions tell us about Zachys' growth in the #auction arena in recent years #SommChat

Jamie Pollack for @zachysauctions: We’ve seen the market for rare #Burgundy soar, and our online #auctions have seen double-digit growth for the past 3 years…. #SommChat

Jamie Pollack for @zachysauctions: 2017 saw our most successful year ever with nearly $80 Mil in fine and rare #wines sold by #Zachys #wine #Auctions - when considering #US & #HK auction sales, #Zachys was #1 in 2016, so we were so excited to show our 2017 results #SommChat

KeeperCollection @KeeperColl: @zachysauctions have you seen any trends in the #wine #auction arena recently? #SommChat

Jamie Pollack for @zachysauctions: #Burgundy is “trending” upwards, but I wouldn’t call the most famous #wine region in the world a trend. I’d say that the power of #Instagram and social media in driving prices on certain wines is a trend. #SommChat

KeeperCollection @KeeperColl: @zachysauctions about how many #wine auctions does #Zachys hold each year? #SommChat

Jamie Pollack for @zachysauctions: @keepercoll About 10 live #Auctions and 12 online auctions. The sun never sets on #Zachys auctions! #SommChat

KeeperCollection @KeeperColl: @zachysauctions If someone wants to sell #wine to #Zachys #auction division what is the process? #SommChat

Jamie Pollack for @zachysauctions: Contact me! The process is easy but not easily explained in 280 characters. Just know that after 10 years in #wine #auctions, I know your collection is not just bottles on a shelf. It is a labor of love, and I will take amazing care of every single bottle. #SommChat

KeeperCollection @KeeperColl: @zachysauctions How does #Zachys auction division vet #wine that someone wants to sell? #SommChat

Jamie Pollack for @zachysauctions: We have an in-depth conversation with the consignor about provenance and, of course, we taste, along with having a multiple step assessment process. #SommChat

KeeperCollection @KeeperColl: Q fr #SommChat #Somm Can you tell us what you have experienced at @zachysauctions regarding fraudulent #wine versus what we read in the media?

Jamie Pollack for @zachysauctions: As we all know, over the last 10+ yrs, the mkt was majorly affected by one well-known individual. As soon as made available #Zachys inspected and cataloged all FBI evidence & therefore we know exactly what to look for when presented w/ #wine…. #SommChat

Jamie Pollack for @zachysauctions: Also, in 2017 we sold nearly 200,000 bottles of rare & fine #wine so our property team is well versed in authentic wine vs questionable bottles. we do not sell every bottle presented to us for sale. we use our multi step assessment process before bringing to #auction #SommChat

KeeperCollection @KeeperColl: Time to wrap up! Hope you enjoyed this hour of #wine talk w/ Jamie Pollack from @zachysauctions! #SommChat

KeeperCollection @KeeperColl: It was great to have Jamie Pollack @zachysauctions join us today for #SommChat. We hope everyone learned as much as we did!

KeeperCollection @KeeperColl: Please join us in thanking Jamie @zachysauctions for her time #SommChat

Jamie Pollack for @zachysauctions: As a #twitter virgin, it has been such a pleasure to share this hour with #SommChat peeps. If you are interested in exploring our #Auction experience, we would love to host you at one of our sales. Email Auction@zachys.com and refer to #SommChat to make arrangements