What Zachys Wine Auctions does

Zachys Wine Auctions operates a global fine wine auction platform founded in 1944 by Zachy Zacharia as a neighborhood wine shop in Scarsdale, New York. Now in its fourth generation of family ownership, the firm conducts live in-room auctions at prestigious New York venues (Le Bernardin, Manhatta, Barbetta), bi-monthly online-only zCollections auctions, and streamed Studio Sales from its Port Chester facility. Its technology stack is powered by Bidpath's auction platform (bid.zachys.com) and supplemented by native iOS/Android mobile apps, supporting absentee bidding, max bid automation, staggered lot closing, and extended bidding features. Bidding infrastructure spans multi-currency support (USD, HKD) and global shipping, with a 55,000 sq ft climate-controlled warehouse at New York Fine Wine Storage and partner facilities (UOVO, JAS Hong Kong) handling logistics.

The company monetizes primarily through a 25% buyer's premium on hammer prices, supplemented by a 1% shipping protection fee, 2% credit card processing charges, monthly storage fees (with 90 days complimentary post-auction), and consignment service commissions. It serves a dual customer base: high-net-worth wine collectors seeking rare bottles ($50 to $100,000+) and estate owners/consignors — including private collectors, restaurants, and family estates — seeking to liquidate collections through a global bidder network. Notable consignors in 2024-2025 include the de Rothschild Piatigorsky Collection ($11.16M, 162 world records), the Peter Hut Winemaker's Cellar ($9.6M), and estates from Ian Mill KC, Restaurant Left Bank, and The Great Lakes Collection. Offices span New York, Delaware, Hong Kong (regional HQ), Shanghai, Beijing, Napa, Paris, and Stockholm, serving bidders from 30+ countries.

Leadership is shared between Jeff Zacharia (President and Chairman of the Board, fourth-generation owner) and Eileen Rizzo (Acting CEO, promoted from CIO). The firm completed a comprehensive rebranding and bidding platform modernization in 2024, followed by a mobile app launch in 2026, signaling continued investment in digital infrastructure to complement its hospitality-driven, dine-around auction heritage.

Name

Zachys Wine Auctions

Legal name

Zachys Wine International LLC

Website

https://auction.zachys.com

Company type

Private

Founded year

1944

Operating status

Operating

Headcount range

51–100 employees

Short description

Zachys Wine Auctions is a fourth-generation, family-owned global wine auction house founded in 1944, operating live, online, and studio auctions to serve high-net-worth collectors and estate consignors across 30+ countries with offices in the U.S., China, and Europe.

Ownership category

akta.pro rank

Product category

Wine Auction Services

NAICS

Beer, Wine, and Liquor Retailers (445320)

akta.pro primary industry

Wine Shops (Off-Premise) (CRANAAAB)

akta.pro secondary industries

Wine Collection Moving & Cellar Relocation (HSAKAEAJ), Alcohol Subscription & Wine Clubs (Retail) (CRANABAF)

Keywords

• Wine auction services
• Fine wine auctions
• Wine consignment services
• Online wine auctions
• Wine storage services

Headquarters

HQ city

White Plains

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Buyer's Premium: 25% Buyer's Premium added to the hammer price of each winning lot, plus 1% Protection Fee for shipping protection
2. Auction Sales Commission: Company earns commissions on auction sales as the #1 wine auction house globally, having achieved over $1 billion in total auction sales
3. Storage Services: Wine storage at New York Fine Wine Storage facility in Port Chester, NY (55,000 sq ft climate-controlled warehouse). Storage fees apply after complimentary 90-day period for auction purchases
4. Consignment Services: Wine specialists manage the consignment process including cellar inspection, packing, shipping, cataloging, and auction execution for sellers

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Zachys Wine Auctions is a premier global wine auction house that conducts live in-room auctions, bi-monthly online auctions (zCollections), and streamed Studio Sales for collectors and consignors of rare and collectible wines. The company provides consignment services, temperature-controlled wine storage, and a proprietary online bidding platform with mobile apps supporting global participation.

Product overview

Zachys Wine Auctions operates a comprehensive fine wine auction platform offering live in-room auctions, bi-monthly zCollections online auctions, and Studio Sales streamed live from their Port Chester studio. The core product is the auction marketplace where collectors buy and sell rare wines, supported by consignment services, wine storage solutions with 90 days complimentary storage, and temperature-controlled delivery options. A mobile app enables on-the-go auction participation. The platform supports multiple bidding methods including absentee bidding, max bids, extended bidding with staggered closes, phone bidding, and in-person paddle bidding. Zachys also offers Shipping Protection Fee coverage for transit insurance.

Differentiator

Problem solved

Functional benefit

Products and services

• Live In-Room Auctions Traditional in-person wine auctions held at restaurants and event venues in New York, featuring curated tastings and an elegant atmosphere for collectors to bid in real-time on rare wines.
• zCollections Online Auctions Bi-monthly online-only wine auctions open for approximately two weeks, using staggered closing and absentee bidding features for convenient remote participation from collectors worldwide.
• Studio Sales Streamed live auctions conducted from Zachys' Port Chester studio, combining the energy of live bidding with online accessibility for collectors participating remotely.
• Wine Consignment Services Wine specialists assist consignors with collection appraisal, cataloging, packing, and sale coordination across Zachys' global auction platform with offices in multiple major cities worldwide.
• Wine Storage Solutions Climate-controlled wine storage at New York Fine Wine Storage facility in Port Chester, NY (55,000 sq ft) with 24/7 monitoring and backup generator; 90 days complimentary storage for auction purchases with monthly subscription thereafter.
• Mobile Auction App Native mobile application available on iOS and Android platforms enabling users to browse auctions, place bids, and manage their wine auction activities on-the-go.
• Wine Delivery Services Expedited delivery options including next day, 2-day, and ground service through common carrier network; temperature-controlled trucking and consolidated international shipments via dedicated network.

Quantifiable outcome

• 100% sell-through rate achieved at September 2025 de Rothschild auction
• +4 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• UOVOcoreStrategic or Co-development PartnerPremium storage and logistics partner with 16 nationwide locations offering climate-controlled facilities and 100% refrigerated transit. UOVO picks up wines from Zachys and transports to customer's chosen facility with lower shipping fees compared to standard carriers. Storage costs as low as $2.87/mo per case.
• New York Fine Wine StoragecoreStrategic or Co-development PartnerZachys' secure, temperature-controlled storage facility in Port Chester, NY providing 90 days complimentary storage on all auction and retail purchases. 55,000 sq ft warehouse with 24/7 monitoring and backup generator.
• JAS (Hong Kong)coreStrategic or Co-development PartnerPartner storage facility in Hong Kong for wines purchased at HK auctions. All wine from HK auction sales must be paid and collected or contracted to store with JAS within 14 days.
• River Valley Wine CellarsminorChannel Partner/ Reseller/ DistributorThird-party pickup service for New York auction purchases. Located in Hawthorne, NY. Available IN NY ONLY.
• Horse Ridge CellarsminorChannel Partner/ Reseller/ DistributorThird-party pickup and storage service with locations in New York and Connecticut. Available for New York auction purchases.
• Manhattan Wine CompanyminorChannel Partner/ Reseller/ DistributorThird-party pickup service for New York auction purchases. Located in Clifton and Ramsey, NJ.
• BidpathcoreTechnology or IntegrationAuction technology platform powering the online bidding infrastructure (Empowered by Bidpath). Provides the auction software, real-time bidding, and catalog management systems.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Sotheby's Wine: Auction division of global incumbent Sotheby's; competes for high-end wine consignments and HNW collectors. Broad incumbent offering wine within a much larger luxury auction portfolio, but directly overlaps on trophy lots and bidder base.
• Bonhams Skinner: Bonhams is a global broad incumbent running wine auctions alongside art and collectibles. Comparable on auction-house infrastructure, but wine is one of many categories rather than the exclusive focus.
• Heritage Auctions: US broad incumbent running wine auctions among many collectible categories. Competes with Zachys for consignments and bidders, though fine wine is not its specialization.
• Skinner Auctioneers: US auction house running periodic wine auctions alongside fine art and antiques. Broad incumbent with some category overlap; useful for auction-house infrastructure benchmarking rather than direct wine specialization.
• Christie's Wine & Spirits: Wine auctions run by global incumbent Christie's; operates live and online wine sales targeting HNW collectors. Wider luxury auction house — overlaps with Zachys on consignor relationships and bidder liquidity.

Regional players

• iDealwine: European-focused online wine auction platform strong in France. Operates live and online auctions for fine wine similar to Zachys' zCollections, but is region-specific rather than globally branded.

Direct peers

• Spectrum Wine Auctions: Smaller US wine auction house running live and online auctions for fine and rare wine. Direct competitor with overlapping target customers (collectors and estates), though smaller in scale and reach than Zachys.
• Morrell & Company Wine Auctions: Wine auctioneer and retailer historically tied to the NYC restaurant scene. Directly comparable live-auction hospitality model and overlap with HNY/collector client base, though smaller scale than Zachys.
• Acker Merrall & Condit: Direct competitor in fine wine auctions; long-established US wine auction house also focused on Bordeaux, Burgundy, and single-owner cellars, with comparable live and online auction formats. Highly comparable on product, customer (HNW collectors), and take-rate model.

Emerging players

• WineBid.com: Online-only wine auction marketplace serving collectors and the trade. Lower-overhead model with comparable buy-it-now and timed-auction formats; competes primarily on convenience and price transparency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/zachysauctions
• Instagraminstagram.com/zachysauctions
• Xx.com/zachysauctions
• LinkedInlinkedin.com/company/zachys-wine-auctions

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zachys Wine Auctions