INVEST IN 2000 CHATEAU L'EGLISE-CLINET, POMEROL TODAY!
Buy Shares in Fine Wine
$29,980 Raised
Offering Circular | Operating Agreement | Terms Sheet | Selected Risks Related to this Offering | StartEngine Collectibles' SEC EDGAR Page | Section 17(b) Disclosure
This Reg A+ offering is made available through StartEngine Collectibles Fund I, LLC. No broker-dealer or other intermediary is involved in this offering.
Reasons to Invest
- StartEngine Assets, the fund manager of this offering, selects and acquires the wine, then arranges for storage and insurance, taking all of the hassle out of fine wine investing. Diversify your portfolio with fine wine for as little as $500.
- According to Entrepreneur, the fine wine market has outperformed most global equities and is less volatile than gold. Over the past 15 years, the fine wine market has seen a 13.6% average annualized return.
- Famed critic, Robert Parker, Jr. said, “Bordeaux’s hallelujah-as good as it gets.” L’Eglise Client also achieved a bevy of critics' scores of 97 and above, the highest being James Suckling’s nearly perfect 99 where he called the wine “opulent and gorgeous.”
- Owner's Bonus Exclusive: This offering is reserved for Owner’s Bonus members for the first 7 days. If you would like to invest during this period, and you are not currently an Owner's Bonus member, you can purchase it during the investment process.
*If you make an investment but you are not an Owner's Bonus member, your investment will be processed after 7 days, unless the offering is oversubscribed, in which event your investment will be cancelled. After the first 7 days, the offering will be available to all investors.
The wine
Chateau L'Eglise-Clinet, Pomerol 2000
This 2000 is a legendary vintage in Bordeaux, that has received 97 and 99-point scores from critics, a stunning achievement for a wine whose release price was nearly 20 times lower than their other high scoring neighbors such as Petrus and Lafleur.
The winery
Chateau L’Eglise-Clinet
Chateau L’Eglise-Clinet is a small producer in Pomerol with an annual production of only 1500 cases. While this estate does not have the storied history of its Bordeaux brethren, in recent years thanks to superstar winemaker Denis Durantou, l’Eglise-Clinet has been the 2nd highest scoring wine in the entire region.
The Market
Fine wine has consistently outperformed the S&P 500 over the last 30 years
According to a 2018 article published by a Morgan Stanley analyst, Liv-ex Fine Wine 100 Index, which tracks the price movement of 100 of the most actively traded wines in the world, showed returns over a 10-year period exceeding that for FTSE and S&P 500, with lower volatility than gold.
*Please note that these are historical returns for the wine market as a whole, and do not reflect the value of or potential returns on the shares of this Series.
This graph represents some auction results for comparable works at auction but does not represent all sales for similar objects and does not represent sales of the work currently being offered by StartEngine Collectibles unless denoted by an asterix *.
Why Invest
Why invest in wine?
StartEngine Collectibles lets you diversify your portfolio with an asset that can increase in value as it increases in scarcity. Instead of company quarterly earnings changing the value of your investment, wine can increase in value as it is consumed, leaving fewer bottles on the market.
We anticipate holding our wine assets for a minimum of one year, and a maximum of six years. We intend to pay distributions to the extent we sell some or all of our assets. Otherwise, liquidity for investors would be obtained by transferring or selling their interests in a series.
What Is SE Collectibles?
StartEngine Collectibles is the future of alternative assets
Alternative Investments:
The 2018 U.S. Trust Insights on Wealth and Worth survey on wealthy household’s found that while baby boomers and older investors rely primarily on traditional stocks and bonds, younger investors, especially millennials, are more likely to incorporate alternative strategies into their investment portfolios.
Millennials allocate 17% to alternatives and assets other than stocks, bonds and cash. It also found that 61% of millennial investors think it’s not possible to achieve above-average returns by investing solely in stocks and bonds anymore, and are looking for alternative investments. For example, the report showed that millennials are the fastest-growing segment of art collectors, up 8% year-over-year and comprising 36% of total respondents. We believe these shifts in millennial investing tastes suggest there will be more interest in investing in alternative assets.
Interested in purchasing this investment opportunity outright? Email assets@startengine.com.
Do you have artwork you would like to sell using Start Engine? Email assets@startengine.com.
No further investment commitments will be accepted for the current offering after 11:59pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but prior to closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date in its sole discretion.
DISCLAIMER:
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE .
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
THERE IS NO EXPECTATION THAT AN ACTIVE PUBLIC OR PRIVATE MARKET WILL BE ESTABLISHED FOR THE SECURITIES IN THIS OFFERING, EITHER IN THE UNITED STATES OR ANY FOREIGN JURISDICTION, WHETHER THROUGH STARTENGINE SECONDARY, THIRD-PARTY REGISTERED BROKER-DEALERS OR OTHERWISE. FURTHERMORE, EVEN IF A MARKET WAS ESTABLISHED, THERE IS NO GUARANTEE THAT FOREIGN INVESTORS WOULD BE ABLE TO PARTICIPATE IN TRANSACTIONS ON THOSE MARKETS. STARTENGINE SECONDARY CURRENTLY DOES NOT, AND MAY NEVER ALLOW FOREIGN INVESTORS TO ESTABLISH OR MAINTAIN SUBSCRIBER ACCOUNTS REQUIRED TO TRADE SECURITIES ON THE ALTERNATIVE-TRADING SYSTEM.
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ABOUT
HEADQUARTERS
3900 W ALAMEDA AVE, STE 1200
Burbank, CA 91505
WEBSITE
View Site
StartEngine Collectibles brings you an opportunity to diversify your portfolio with Chateau L’Eglise-Clinet, Pomerol 2000 (96 bottles). Please note this offering is reserved for Owner’s Bonus members for the first 7 days.
TERMS
2000 Chateau L'Eglise-Clinet, Pomerol
Overview
PRICE PER SHARE
$10
DEADLINE
May 24, 2023
VALUATION
$52k
AMOUNT RAISED
$29,980
Breakdown
MIN INVESTMENT
$150
MAX INVESTMENT
$25,000
MIN NUMBER OF SHARES OFFERED
5,243
OFFERING TYPE
Equity
ASSET TYPE
UNITS
SHARES OFFERED
Membership Units
MAX NUMBER OF SHARES OFFERED
5,243
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | StartEngine Collectibles Fund I LLC |
Corporate Address | : | 3900 W ALAMEDA AVE, STE 1200, Burbank, CA 91505 |
Offering Minimum | : | $0.00 |
Offering Maximum | : | $52,430.00 |
Minimum Investment Amount(per investor) | : | $500.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Membership Units |
Minimum Number of Shares Offered | : | 0 |
Maximum Number of Shares Offered | : | 5,243 |
Price per Share | : | $10.00 |
Pre-Money Valuation | : | $52,430.00 |
ALL UPDATES
03.16.22
Important Announcement
As many of you are aware, StartEngine Collectibles has been notifying the public about the number of days left to invest in 2000 Chateau L'Eglise-Clinet, Pomerol. Given the amount still available in the offering, StartEngine Collectibles has decided to adjust the final day to invest, which will now be April 30, 2022.
We appreciate your understanding and look forward to fulfilling the offering moving forward!
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
03.13.22
3 DAYS LEFT TO INVEST IN 2000 CHATEAU L’EGLISE-CLINET, POMEROL
In the next 3 (three) days, don’t forget to make your investment in fine wine classes here on StartEngine! 2000 Chateau L’Eglise-Clinet, Pomerol has just 3 (three) days left to invest.
No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but before closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
03.11.22
5 DAYS LEFT TO INVEST IN 2000 CHATEAU L’EGLISE-CLINET, POMEROL
Counting down with 5 (five) days left to invest in the 2000 Chateau L’Eglise-Clinet, Pomerol!
L’Eglise-Clinet is a vineyard, tucked away in Pomerol, France and has produced world-class wines since 1982. We’d certainly raise a glass to that!
No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but before closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
03.11.22
QUESTIONS ABOUT INVESTING IN ART? JOIN STARTENGINE’S LIVE Q&A NEXT MONDAY 3/14
We know you have questions about investing in collectibles on StartEngine! So, we’re giving you a chance to get your burning questions answered LIVE.
Join Leon Benrimon, Vice President of Assets and Collectibles on Monday, 3/14 at 2:00 PM PST/5:00 PM EST for this virtual event.
INVESTING IN ART LIVE Q&A | STARTENGINE COLLECTIBLES
DATE: MARCH 14, 2022
TIME: 2:00 PM PST / 5:00 PM PST
We hope to see you there!
03.09.22
7 DAYS LEFT TO INVEST IN A FINE WINE FROM 2000!
Let’s see some highlights from the year 2000…
Sony released the Playstation 2
The Millennium Dome in London opened
Brad Pitt and Jennifer Aniston were dating
It is safe to say that some of these moments and events have not stood up to the test of time. However, on the other hand, the 2000 Chateau L’Eglise-Clinet, Pomerol, like any fine wine, gets better with age.
It is crazy to think that the year 2000 was over 20 years ago. Safe to say that time flies. And just like those 20+ years, which passed in a blink of an eye, so too will the opportunity to invest in eight cases of 2000 Chateau L’Eglise-Clinet, Pomerol (96 bottles), as there are only seven (7) days left!
No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but before closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
03.06.22
10 DAYS LEFT TO INVEST IN A 99 POINT RATED WINE!
There are only ten (10) days left to invest in eight cases of 2000 Chateau L’Eglise-Clinet, Pomerol (96 bottles)!
Not only did famed critic James Suckling give this wine a near perfect score of 99, but did you know that the fine wine market has outperformed most global equities over the past 15 years with a 13.6% average annualized return? That’s certainly worth a cheers!
Take advantage of this tasty offering and invest in the fine wine asset class today!
No further investment commitments will be accepted for the current offering after 11:59 pm PST on March 16, 2022. Commitments in the offering will be accepted up to that date and processed as promptly as possible. Processing may occur after commitments are no longer being accepted, but before closing. None of the terms of the offering have been changed. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond this date at its sole discretion.
This Reg A+ offering is made available through StartEngine Collectibles Fund I LLC. No broker-dealer or other intermediary is involved in this offering. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view the offering circular and the risks associated with this offering.
01.11.22
Updated Fee Structure
You spoke and we listened!
StartEngine is venturing out into this exciting new world of collectibles, and is therefore navigating a new field and business model, and doing the right thing for our investors.
We are happy to announce that after receiving your feedback, we have decided to change our fee structure for StartEngine Collectibles. For all collectibles currently open for investment on StartEngine our fee structure is below:
16.7% Sourcing Fee: Our sourcing fee is approximately 16.67% of the total amount we are seeking to raise and is built into the offering. The sourcing fee covers shipping, expertise, appraisal, and sourcing expenses.
0.5% Yearly Management Fee: This fee is retroactively charged when the object is sold and includes the costs for insurance, quarterly inventory assessment, and annual value appraisal, and storage
20% Profit Split: Lower than some of our competitors who charge as much as 50%.
We do not intend to charge you any other fees related to your collectibles investment!
What Has Changed:
Expenses and Fees: Previously expenses and fees were deducted from profits or had to be repaid by investors. We have now included those expenses in our fees and will deduct them from there rather than burden our investors.
Profit split: Previously the profit split was 50/50 to match our competitors, it is now 20% making us one of the leaders in the industry.
We look forward to implementing this new fee structure and more importantly to listen to you, our StartEngine community. If you have any questions, comments or concerns feel free to email us at assets@startengine.com.
FOR ANY SERIES OF STARTENGINE COLLECTIBLES FUND I LLC FOR WHICH THE OFFERING STATEMENT FOR THAT OFFERING HAS NOT YET BEEN QUALIFIED BY THE SEC:
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.
NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.
AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. YOU MAY OBTAIN A COPY OF THE PRELIMINARY OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM HERE https://www.sec.gov/Archives/edgar/data/1841003/000110465921147333/tm2133841d2_1apos.htm.
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Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
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Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
