Although the controversial Nobles Crus wine fund was liquidated in 2014, it continues to make headlines beyond the company grave. Some lots in a recent Baghera Wines auction that featured substantial quantities of DRC wines were withdrawn over concerns whether some of the wines were genuine. Although Baghera Wines claimed that the wines came from a single Swiss collector, it appears that at least some of the wines came from the Nobles Crus wine fund.
Nobles Crus was unusual in having holding a significant proportion of pre-1982 vintages, which raised questions at the time whether the provenance of these wines could be fully authenticated.
Today's story by Rupert Millar from The Drinks Business:
'Nobles Crus claims mar Baghera sale
Concerns over the provenance and authenticity of several lots of Burgundy have clouded the results of Swiss auction house, Baghera Wines’, latest sale, with claims much of the consigned Burgundy was sourced from failed wine fund, Nobles Crus.The new, Swiss-based auction house conducted only its second sale in Geneva at the weekend, a sale dominated by over 1,000 bottles of Domaine de la Romanée-Conti.
The sale made CHF 6.2 million in total, CHF 4.2m of which was made from the very large consignment of Burgundy. Baghera Wines said before the sale and repeated to the drinks business that the DRC collection had all been stored at the Geneva Freeport since they were bought and that they came from the collection of a single, Swiss collector.
In an increasingly predictable pattern, shortly before the sale LA-based lawyer, Don Cornwell, posted on the Wine Berserkers forum that there were serious doubts about the provenance and authenticity of several lots being offered.
Cornwell pointed out that 19 lots were, in his judgment, either “outright counterfeit or which fail to conform to known standards for those wines and thus should not in good conscience be sold and should be withdrawn.”
He added a further 30-40 lots, especially some older Yquem vintages, were the cause for “serious questions”.