Saturday, 26 November 2016
Photos from the launch of Everledger/ Chai Wine Vault's on-line provenance record
Part of Maureen Downey's collection of fakes
Rupert Millar (The Drinks Business) checking
a label under the guidance of Maureen Downey
"Oh dear this Pétrus 1945 bought
in Deptford Market may be a fake!!!"
Maureen offers Rupert guidance
Leoni Runge from Everledger explaining the new link up
between them and Chai Wine Vaults.
Previously Everledger was providing on-line provenance
Providing provenance for diamonds
A real 2001 Château Margaux with a
fake 1934 La Tache
(above and below)
Yesterday evening there was a brief presentation at 67 Pall Mall of new system from Everledger for providing an 'immutable' on-line record of high value wine. if this takes off this should provide a full record of a wine, who has owned it and where it has been stored etc. that cannot be tampered with.
If it becomes widespread for fine wine, it could also provide wine investors that companies, who have been persuaded them to buy wine as an investment, that this actually exists. This ought to make frauds perpetuated by companies such as The Bordeaux Wine Trading Company and Bordeaux Fine Wine Ltd, who failed to buy wine that their investor clients bought. Unfortunately this is unlikely to be foolproof as fraudsters target the elderly who may well not be aware of this new system.
Nick Martin of Wine Owners
Nick thinks that his company may well adopt the new system
The fake 1934 La Tache with the torch
that is an essential tool of trade to authenticate a wine