#78

Somewhere out there is an art collector who paid too much for his Damien Hirst painting and he will never make any money on it. His name is not Charles Saatchi, obviously.

#79

Shame he can’t by himself some friends.

#80

The money’s in crisp packets

#81

Yeah, it’s about being the guy who gets in early and has the clout to get others to take notice

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#82

That does sound good. Can you remember the name of it? Wouldn’t mind having a look.

There was another thing on Radio 4 a while back about counterfeit wine that covered a bit about those secure storage houses. All pretty bonkers.

#83

The documentary Sour Grapes on Netflix is all about wine fraud and it’s excellent. Shows how much of the industry rests on trust and bullshit, because who can even reliably say what a 60 year old Petrus should taste like?

2 Likes
#84

I think it was this one-

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#85

Who are we to say it won’t turn into Vimto?

#86

It’s about this guy:

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#87

I assumed that was another Sideways-type film! Sounds interesting though. Might give it a watch

#88

Have been meaning to watch that for ages. Will pull my finger out. This is the R4 thing.

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#89

It’s really entertaining, lots of big characters. It’s mainly rich fucks getting scammed too so no real victims (annoyingly one of the guys who calls it out is one of the Koch brothers, one of the only people rich enough to risk tanking the value of his cellar by saying, hey, I think this guy has been scamming us.)

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#90

Ah, nice one. :+1:

#91

In that R4 doc they talk about uncovering a massive batch of fake 80s Petrus or something and telling the buyer, who was some Russian oligarch type who basically said “I don’t really care. People at my dinner party will still be impressed”.

#92

It’s a bizarre situation, at a certain point no one benefits from exposing the fraud because it just undermines the value of the whole market and costs everyone money, so there are a lot of victims who would rather it never gets exposed, even if they know personally they’ve been ripped off (because if you can still sell it on for the right price, I guess you never really lost out)

2 Likes
#93

I’m fairly Scotch and I have genuinely never heard of this.

#94

When I said relatively I meant I’ve heard of it a handful of times. I think it is a thing if not widespread

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#95

“could” being the operative word when it comes to apparently valuable collections of stuff. It seems to be self-valued (can’t read any more, it doesn’t like adblock)

#96

Somebody offered him ÂŁ10 for one packet and he has 500 of them, so it COULD be worth ÂŁ5000.

Most likely ÂŁ20 on EBay

#97

I thought it was fairly common. Not with whisky, but it became a bit of a thing for our group of mates to buy bottles of port when people had kids, and kind of assumed it was a popular thing to do. I don’t think any of them will be buying houses if/when they bother to resell them.