Do We Have eBay to Thank for All That Counterfeit Wine?

Do We Have eBay to Thank for All That Counterfeit Wine?
If you aren't yet aware of the fact that fake wine is a big deal, you will be soon. It's coming to a theater near you.

Billionaires getting swindled by fake bottles of wine purportedly belonging to Thomas Jefferson aside, as the world's greatest wines continue to climb in price, wine fraud continues to increase in frequency and in value.

At this point, the fakery of wines has become a big business. No one knows just how large, but some wine experts say the real figure is probably shudderingly large: millions of dollars worth, to be sure, and perhaps even tens of millions. Wine Critic Allen Meadows told writer Michael Steinberger that he believes perhaps 10% of the pre-1960 wines he comes across these days might be fakes.

And it all may be due, in part, to things like this:

3 x RED WINE BOTTLE LABEL SCREAMING EAGLE GRACE ..Empty

A bottle of 1994 Grace Family Vineyards Cabernet, a bottle 1995 Tignanello Red Blend from Tuscany, and a bottle of 1996 Screaming Eagle, all empty, of course.

Together they may sell for between $10 and $60 on eBay. Filled up again with some red wine, re-corked and re-foiled, these three wines would sell for a total of about $2224 according to WinePrices.Com.

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