We have all heard of counterfeit razor blades. I always thought there could not be much money in that.
However, I discovered where the big money is: counterfeiting Scotch. The latest issue of Whiskey Advocate contains an interesting story about it.
With the price of some vintage Scotches and bourbons reaching astronomic proportions, counterfeiters are using all kinds of tricks to "make" Scotch appear old and rare. They have taken to buying old bottles, printing labels themselves, and sealing the bottles. Often the bottles contain tea that has been colored to look like it was old.
A woman from Whisky Auction in the UK has been busy exposing the racket.
To give you an idea of what some of the bottles go for:
In case you are interested, the real Scotch is the one on the right of the cover.
However, I discovered where the big money is: counterfeiting Scotch. The latest issue of Whiskey Advocate contains an interesting story about it.
With the price of some vintage Scotches and bourbons reaching astronomic proportions, counterfeiters are using all kinds of tricks to "make" Scotch appear old and rare. They have taken to buying old bottles, printing labels themselves, and sealing the bottles. Often the bottles contain tea that has been colored to look like it was old.
A woman from Whisky Auction in the UK has been busy exposing the racket.
To give you an idea of what some of the bottles go for:
- A single bottle of Glenfiddich 1955 Janet Sheed Roberts 55 year old went for $94,000.
- A decanter of Bowmore 1964 48 year old went for $98,610.
- Karuizawa 1960 52 year old "The Wanderer" brought $141,551.
In case you are interested, the real Scotch is the one on the right of the cover.