Petrus, Romanee-Conti, Chateau d’Yquem — wines coveted by connoisseurs, and targeted by counterfeiters.
French wine professionals say a handful of rare and fine wines face the same threat from fraud as luxury handbags and designer sunglasses.
Trafficking in fake wine has “always existed a little, but it’s definitely amplified with the rising prices of fine wines,” said Sylvain Boivert, director of the association representing Bordeaux wines classified back in 1855, the Conseil des Grands Crus Classes en 1855.
PHOTO: AFP WARNING: EXCESSIVE CONSUMPTION OF ALCOHOL CAN DAMAGE
To the relief of many, the fakery remains on a small scale.
“We are not dealing with industrial counterfeit production, unlike the luxury brands,” he said.
The counterfeiting “touches five to six of the very top wine estates in Bordeaux where there is a real potential to make a capital gain and where there is a worldwide demand because the products are rare,” said wine tycoon Bernard Magrez, owner of 35 estates, including several in Bordeaux.
Nor have Bordeaux’s rarefied cousins in Burgundy been spared, notably Romanee-Conti, one of the world’s most expensive wines.
Jeroboams, the equivalent of four bottles, of the 1945 vintage from this 1.8 hectare estate have recently been sold in auctions, said Laurent Ponsot, a renowned Burgundy producer.
Alas, Romanee-Conti did not bottle their 1945 in jeroboams.
Ponsot, owner of Domaine Ponsot, has had his own misadventures with counterfeiters.
At a sale in New York last year, the vintner was shocked to discover that “106 bottles out of 107” were fakes. The catalogue listed “a sale of Clos Saint Denis 1945 and other old vintages when we didn’t even begin producing this particular appellation until 1982,” he said.
“The counterfeiters aren’t Asian, they are European or American,” said Ponsot, who had to fly to New York to stop the sale.
The methods used to fool buyers are only limited by the imagination of the counterfeiters: photocopied labels, different chateaux names on the capsule and the label, to name a few.
Sometimes the bottle is authentic but doesn’t contain the wine or the vintage indicated, or only partially.
“The further one is from the original market, the cruder the fakes,” said Angelique de Lencquesaing, founder of the Internet auction Web site IdealWine.
Magrez said that counterfeiting increased “when Russians began consuming after the fall of the Wall … There was an enormous temptation, because of the considerable demand.”
Add to that the immense Chinese market. While the problem of counterfeit wine remains “very anecdotal” on the French market, it “could take on a much more serious amplitude in Asia because the market is developing at a dazzling speed,” de Lencquesaing said.
China is “the principal counterfeiter,” according to Renaud Gaillard, deputy director of the French export trade body, Federation des Exportateurs de Vins et Spiritueux de France.
While the main targets are champagne and cognac, Gaillard said, “One can find Petrus and Margaux in some little stores” in China.
In addition to export markets and Internet marketplaces, fake wines slip into circulation through the auctions.
“The auction houses are not always as demanding as they should be,” said David Ridgeway, chief sommelier at legendary Paris restaurant La Tour d’Argent.
For example, “Romanee-Conti 1945, we know there were only 600 [bottles] produced. But I don’t know how many thousands of bottles we have seen at the sales,” he said.
Unlike luxury goods groups such as LVMH, which have the financial power to fight aggressively against fake goods, most vintners don’t.
“There are no funds. Each lawsuit costs 500,000 euros [US$750,000],” Ponsot said. “Vuitton has the means. The vintner, even if he sells all of his merchandise, it’s small-scale” production.
There are also those vintners who prefer to avoid any publicity regarding fake wine.
“They file a complaint, but always quietly,” French wine expert Claude Maratier said. “They are too afraid that their entire production will be put in doubt.”
RESPONSE: The transit sends a message that China’s alignment with other countries would not deter the West from defending freedom of navigation, an academic said Canadian frigate the Ville de Quebec and Australian guided-missile destroyer the Brisbane transited the Taiwan Strait yesterday morning, the first time the two nations have conducted a joint freedom of navigation operation. The Canadian and Australian militaries did not immediately respond to requests for comment. The Ministry of National Defense declined to confirm the passage, saying only that Taiwan’s armed forces had deployed surveillance and reconnaissance assets, along with warships and combat aircraft, to safeguard security across the Strait. The two vessels were observed transiting northward along the eastern side of the Taiwan Strait’s median line, with Japan being their most likely destination,
‘NOT ALONE’: A Taiwan Strait war would disrupt global trade routes, and could spark a worldwide crisis, so a powerful US presence is needed as a deterrence, a US senator said US Senator Deb Fischer on Thursday urged her colleagues in the US Congress to deepen Washington’s cooperation with Taiwan and other Indo-Pacific partners to contain the global security threat from China. Fischer and other lawmakers recently returned from an official trip to the Indo-Pacific region, where they toured US military bases in Hawaii and Guam, and visited leaders, including President William Lai (賴清德). The trip underscored the reality that the world is undergoing turmoil, and maintaining a free and open Indo-Pacific region is crucial to the security interests of the US and its partners, she said. Her visit to Taiwan demonstrated ways the
GLOBAL ISSUE: If China annexes Taiwan, ‘it will not stop its expansion there, as it only becomes stronger and has more force to expand further,’ the president said China’s military and diplomatic expansion is not a sole issue for Taiwan, but one that risks world peace, President William Lai (賴清德) said yesterday, adding that Taiwan would stand with the alliance of democratic countries to preserve peace through deterrence. Lai made the remark in an exclusive interview with the Chinese-language Liberty Times (sister paper of the Taipei Times). “China is strategically pushing forward to change the international order,” Lai said, adding that China established the Asia Infrastructure Investment Bank, launched the Belt and Road Initiative, and pushed for yuan internationalization, because it wants to replace the democratic rules-based international
RELEASED: Ko emerged from a courthouse before about 700 supporters, describing his year in custody as a period of ‘suffering’ and vowed to ‘not surrender’ Former Taiwan People’s Party (TPP) chairman Ko Wen-je (柯文哲) was released on NT$70 million (US$2.29 million) bail yesterday, bringing an end to his year-long incommunicado detention as he awaits trial on corruption charges. Under the conditions set by the Taipei District Court on Friday, Ko must remain at a registered address, wear a GPS-enabled ankle monitor and is prohibited from leaving the country. He is also barred from contacting codefendants or witnesses. After Ko’s wife, Peggy Chen (陳佩琪), posted bail, Ko was transported from the Taipei Detention Center to the Taipei District Court at 12:20pm, where he was fitted with the tracking