Thoughts on wine and whatever strikes me at the moment. But it's mostly about wine.
Thursday, August 30, 2007
Bill Koch speaks
This is nice quick summary of recent events in the Koch situation and there are many links on the bottom of the article for older pieces on the fake wine situation. This guy is a bulldog. I love it! The Ralph Nader of fake wine!
The New Yorker article is pretty great, and sure doesn't put Broadbent, and to a lesser extent Parker, in a good light. Parker raves about a mag of '21 Petrus from HR. Petrus' cellarmaster says they didn't bottle any.
But Koch is amassing vast collections of wine that he doesn't plan to drink, just to be able to say he has, for instance, 150 vintages of Lafite. This is the true psycho endgame of the "collector" mentality and must be resisted, or at least mocked and robbed of its Veblenian value. Wine is for drinking.
Now, I wonder if he'll start in all the big auction houses that don't inquire too closely as to what they turn, and then we might really benefit. I was never at risk of 18th century claret, but I buy some from the 20th century, and I bet that more and more of it offered to me is fake.
Have you heard the story about him from the WS piece?
ReplyDeleteHe was serving some high end white burg at a party and some bimbo put it on ice.
He grabbed the glass and tossed it.
Classic. Nice to have enough cash that you don't care what anyone thinks/
The New Yorker article is pretty great, and sure doesn't put Broadbent, and to a lesser extent Parker, in a good light. Parker raves about a mag of '21 Petrus from HR. Petrus' cellarmaster says they didn't bottle any.
ReplyDeleteBut Koch is amassing vast collections of wine that he doesn't plan to drink, just to be able to say he has, for instance, 150 vintages of Lafite. This is the true psycho endgame of the "collector" mentality and must be resisted, or at least mocked and robbed of its Veblenian value. Wine is for drinking.
Now, I wonder if he'll start in all the big auction houses that don't inquire too closely as to what they turn, and then we might really benefit. I was never at risk of 18th century claret, but I buy some from the 20th century, and I bet that more and more of it offered to me is fake.