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More fake wines?!?!?

Posted: Wed Apr 23, 2014 6:28 pm
by Roy Hersh
Check this out from a reliable source:

http://www.nytimes.com/2014/04/24/busin ... il0=y&_r=0

Re: More fake wines?!?!?

Posted: Thu Apr 24, 2014 5:14 am
by Andy Velebil
I suspect we'll see more of these type of cases as people are now much more aware of who and what is suspect. But you have to wonder how seemingly smart wealthy people can't figure out that buying a case of 1900 Chateau XXX in perfect condition, where no one has ever seen more than a rare bottle here and there, is probably not a good idea as it's most likely fake. [dash1.gif]

Re: More fake wines?!?!?

Posted: Thu Apr 24, 2014 5:35 am
by Peter W. Meek
My own feeling is that people who buy wine as an investment probably deserve what they get.

Re: More fake wines?!?!?

Posted: Thu Apr 24, 2014 4:30 pm
by Eric Menchen
Peter, you reminded me of this story about art fakes:
http://www.cnn.com/2014/04/21/justice/n ... index.html

If you saw the artwork and thought it was worth $8 million, what difference does it make if it is a fake or not?

Of course with wine, it might not taste like the real thing.

Re: More fake wines?!?!?

Posted: Thu Apr 24, 2014 11:09 pm
by Dries V.
Peter W. Meek wrote:My own feeling is that people who buy wine as an investment probably deserve what they get.
I disagree. Why would someone who likes wine and would like to invest not combine both? What's the difference between an 18th century wine bottle and another collectible? I've seen people paying high amounts for old guns that they will never use. Similar to buying an old wine that you will never drink....

Perhaps we should look at old wines as pieces of art and open a museum to display them in :)

Sent from my iPad using Tapatalk HD

Re: More fake wines?!?!?

Posted: Fri Apr 25, 2014 10:24 am
by Moses Botbol
My Mogen David 20/20 is now suspect of being fake? :evil:

Re: More fake wines?!?!?

Posted: Sun Apr 27, 2014 10:12 am
by David Spriggs
The collector, who paid hundreds of thousands of dollars for the bottles in 2006 and 2007, is suing the seller, the Antique Wine Company, based in London, for $25 million.
Oh wow... Some of my 1994 Vesuvio is from them! But, of course I don't believe that it's fake :-)