-
Wine Jobs
Assistant Manager
Assistant Cider Maker
Viticulture and Enology...
-
Wine Country Real Estates
Winery in Canada For Sale
-
Wine Barrels & Equipment
75 Gallon Stainless Steel...
Wanted surplus/ excess tin...
Winery Liquidation Auction...
-
Grapes & Bulk Wines
2022 Chardonnay
2023 Pinot Noir
2022 Pinot Noir
-
Supplies & Chemicals
Planting supplies
Stagg Jr. Bourbon - Batch 12
-
Wine Services
Wine
Sullivan Rutherford Estate
Clark Ferrea Winery
-
World Marketplace
Canned Beer
Wine from Indonesia
Rare Opportunity - Own your...
- Wine Jobs UK
- DCS Farms LLC
- ENOPROEKT LTD
- Liquor Stars
- Stone Hill Wine Co Inc
World of Wines: Wine industry's fight against counterfeiters
May 29, 2014
(RN) - From time to time I mention the value toward collecting and trading wines. I came across a valuable piece regarding counterfeit wines and what the big names in French wine are prepared to do about the illegal representation of their wine with fake and forged labels.
Much of this interest in fake wines comes from the trial of Rudy Kurnaiwan. It was Tuesday, May 13, that New York state prosecutors made their arguments on the sentencing to be at the maximum of 14 years in prison. The prosecutors made this argument not because of the counterfeiting of Romanée-Conti labels, but more to the fact that millions of dollars of worthless wine with counterfeit labels are in an untold number of private cellars around the U.S., their owners believing fully that they are genuine wines from Romanée-Conti, the world's most valuable Pinot Noir from the Côte de Nuits sub-region of Burgundy, France.
You may remember an article I wrote last month about the Hong Kong wine auctions this spring that showed how valuable Romanée-Conti is to today's wine traders. That particular label brought in $7.2 million in the whole auction with one lot, a six-bottle lot of 1990 vintage that sold for $149,199.
Comments: