Thursday, November 5, 2009

The Jefferson Bottles: Fraud in the High Priced Wine World


This articles was written by Patrick Radden Keefe and originally published in the New Yorker.

The most expensive bottle of wine ever sold at auction was offered at Christie’s in London, on December 5, 1985. The bottle was handblown dark-green glass and capped with a nubby seal of thick black wax. It had no label, but etched into the glass in a spindly hand was the year 1787, the word “Lafitte,” and the letters “Th.J.”

The bottle came from a collection of wine that had reportedly been discovered behind a bricked-up cellar wall in an old building in Paris. The wines bore the names of top vineyards—along with Lafitte (which is now spelled “Lafite”), there were bottles from Châteaux d’Yquem, Mouton, and Margaux—and those initials, “Th.J.” According to the catalogue, evidence suggested that the wine had belonged to Thomas Jefferson, and that the bottle at auction could “rightly be considered one of the world’s greatest rarities.” The level of the wine was “exceptionally high” for such an old bottle—just half an inch below the cork—and the color “remarkably deep for its age.” The wine’s value was listed as “inestimable.”


http://www.newyorker.com/reporting/2007/09/03/070903fa_fact_keefe

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