Billionaire Wine Collector in Legal Battle Alleges He Was Sold Counterfeit Wines
Koch alleges that Greenberg knowingly sold counterfeit wines at a 2005 auction. Some of the bottles in contention include wines such as 1921 Château Petrus and 1921 Château Cheval Blanc. He paid more than $20,000 for multiple individual bottles. In all, Koch spent more than $300,000 on wine that he now believes to be counterfeit.
Koch has spent a considerable amount of money (more than $7 million) fighting counterfeit wines and having his collection’s authenticity verified.
Some of the ways a wine’s authenticity is determined include examining the cork and labeling. Experts say the best way to tell is by tasting it.