The level of counterfeited bottles took on overwhelming proportions these last few years due to an increase in the demand for fine wines. According to some sources, regarding the wine sold in China, more than 30% are counterfeits, specially since these bottles have become exact replicas of the originals, since labels and capsules, are robbed directly from the domains or chateaux. This has happened to one of the most famous champagne producer in the world, Jacques Selosse, his property was broken into on the 21st of March 2013, 3700 bottles, 16 000 labels, and 12 000 neck labels where taken. All this of course, is destined to a parallel market!

This will probably remind you of one of the biggest Grand crus scam artist, Rudy Kurniawan, condemned for having counterfeited 1000 of the most prestigious French Grand crus bottles such as Romanée Conti, Roumier, Ponsot, Pétrus, and for having sold thousands of bottles to collectors the world over.

This declaration of intention has therefore been signed between China and France, in order to fight counterfeit, and thereby protecting producers, buyers and collectors as well. The General Direction of Customs and of Indirect Taxes and the AQSIQ (Administration of Quality Supervision, Inspection and Quality) of China, have opened the hunt for counterfeit wines.

This should re-assure producers and clients from the Asian market, this being the most affected area by counterfeit bottles.

L’article COUNTERFEIT: France and China sign a letter of intention. est apparu en premier sur Blog World Grands Crus.

Therefore the prices of the Bordeaux wines have shot up sky high and have reached to-day, record prices.
Asia having finally understood the interest and incomparable quality of Burgundy wines, has changed its position and has “attacked” two regions: the Burgundy and Champagne areas! But beware the wine production of the Burgundy area cannot be compared with that of the Bordeaux vineyards!
When one sees the mean annual production of the Burgundy vineyards (between 4000 to 10 000 bottles), and those of the Bordeaux area (approximately 300 000 bottles), it is easy to conclude: the strong demand and the reduced production leads to a shortage market hence the price increase. In order to give you an idea , the Domaine Mugnier in Burgundy, produces excellent wines, hasn’t accepted a single new client in the last 5 years, this might seem an absolutely astonishing situation.

For all the lovers of great wines two choices open up to you, increase your wine budget, or reduce your consumption, I suggest you increase your budget!
Let us now have a quick look as to how one can profit from this price rise: by investing in great vintages! Everyday several thousands of persons are looking to fructify their money and all have the same question in mind, “where am I going to place my liquidities?”
You’ll have understood that fine wines are an extremely interesting placement, and one of the most stable ones in the market place!
If I can give you some advice, diversify your portofolio by buying grand crus, not through an investment fund but directly on the real Mackoy! And let those bottles age gently, getting better and more valuable over the ages!

The wine investment remains basically an investment in pleasure, from which you will obtain interesting returns as well as offering yourselves the pleasure of opening some excellent bottles.

L’article Price increases in French wines. est apparu en premier sur Blog World Grands Crus.