This is a translation of the original press release from Kloster Eberbach. A total of 3'619 bottles went under the hammer with a total net result of 305,768 euros. A gigantic conclusion formed lot...
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VDP.Rheingau x vinID – prestigious wine auction since 1806
vinID will seal all bottles of the prestigious wine auction of VDP.Rheingau with vinID NFC tags. The non-removable tags are dynamically encrypted and positioned at the top of every bottle...
NFTs – Let’s get physical
Global NFT (non-fungible token) sales are setting new highs. In 2021 they reached nearly USD 25 billion after totalling only around USD 100 million the year before. What is an NFT? An NFT is a smart...
Spotlight China: 13,000 cases of counterfeit Bordeaux wines – One of the biggest worth nearly USD 50 million
As reported by Vino Joy, a wedding banquet in China’s eastern Shandong province has led police to uncover the biggest counterfeit Bordeaux wine case in China. An elaborate web of deception that...
For the future of the Ahr Valley – A call for donations
We would like to express our deepest solidarity and our thoughts are with all those affected by the storm in NRW and RLP, especially in the Ahr valley. The floods have hit many wineries in the...
Did the bottle win a world travel award? vinID’s NFT-based digital passport would know it!
As written in an earlier post there are only great old bottles and no great old wines. This highlights the importance of transparency and storing conditions. vinID solves this problem by equipping...
Blockchain against wine counterfeiting
Swiss start-up protects wine against counterfeiting According to estimates, up to 20% of fine wine is faked, costing the industry and customers billions every year. The start-up vinID is taking...
Château Cheval Blanc 1955 without any doubt about its provenance
I am referring to a recent tasting note by the wineterminator. This is how the immutable vinID passport for the bottle of Château Cheval Blanc 1955 would look like: "Will this be the wine of the...
Sophisticated Penfolds fake operation in China busted
Penfolds is one of most traditional wine producers from Australia founded in 1844. It is very popular in China. Biggest Penfolds fake operation to date An interprovincial police investigation...
Provenance matters – “There are no great old wines, only great old bottles
A recent anecdote by Wineterminator highlights the importance of Provenance. “Bottle variation can be a nightmare unless you are on the winning side. That is what just happened to me. All my bottles...
Weinkellerei Stämpfli AG equips Bordeaux 2018 with vinID NFC tags
We are pleased to announce a new partnership with Weinkellerei Stämpfli AG from Bern region. vinID will equip their “en primeur” Bordeaux 2018 bottles and cases, which are currently being delivered...
A Counterfeiting Puzzle: Sassicaia 2010 – 2015
In October 2020, the Italian police Guardia di Finanza (GdF) uncovered a sophisticated and organised network of wine counterfeiters in the Province of Milan. They seized a total of 80,000...
“Fine wine – a real asset or “just” passion?“
Fine wine is about passion and emotion. It transports cultural heritage, but is it also a real asset? Long-term fine wine investments protect purchasing power and offer other unique investment...