Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Lafite was one of five wine-producing chateaus of Bordeaux originally awarded First Growth status in the 1855 Classification. (AG) (3/2014) Good full, deep red.
Case of 1982 Lafite tops auction at $42k - The Drinks Business On this, the first day of the auction, Ritchie had 2,000 bottles of. Copyright 2023 Cult Wines Ltd. All Rights Reserved. Many people do not know why Lafite '82 is expensive, now I will tell you. Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $911. Not only was the wine famous, it was also a First Growth chateaux. In terms of red Bordeaux, the wines of Pauillac are classic versions characterised with intense blackcurrant flavours and aromas that develop into pencil lead, cedar and cigar box with age. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . why is 1982 lafite so expensive. Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. The night had turned into a bidding frenzy, with price after price shattered. The acidity then rushes in at the very end, causing the wine to become longer. He claims that the 10s brought a new energy to structure.
The legend of Lafite | JancisRobinson.com The Chinese love affair with Lafite and the stature of the 1982 vintage has made this among the most sought-after if not the most sought-after wine in the country. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality.
Chteau Lafite Rothschild - Wikipedia Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Although it eventually cooled after reaching about 80 million cases of wine in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas.
1982 Lafite-Rothschild, Pauillac (1.5L) - SKU 998155 - K&L Wines The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Price starts low and is sold to the highest bidder.
1982 Lafite Rothschild, Pauillac - SKU 950058 - K&L Wines This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc, Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50), Price today: between 47,000 and 54,000 per case (3,915 to 4,500 a bottle) and rising. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. Because of this madness, it is said that the price of an empty bottle of Lafite in 1982 was as high as 4,000 yuan, and the price of the most expensive Lafite in 1982 was about 500,000 yuan per bottle. A single night in Hong Kong in 2010 proved a turning point in the history of wine.
The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. [5] Towards the end of the 18th century, Lafite's reputation was assured and even Thomas Jefferson visited the estate and became a lifelong customer. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. They should be fine 2017 is potentially a very good vintage. Although Lafite was still somewhat unknown in China, it had been a household word around the world for centuries, dating its history back until at least the 1200s. Our story, setting a new standard for fine wine investment. Nov 22, 2010. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. Lafite is blessed with a fantastic terroir near to the Gironde estuary in the northern part of Pauillac, close to the border with St-Estphe. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. Will there be any dramatic changes at the heart of the wine world? From Barolo to Bordeaux, these wines are steeped in tradition. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. I believe Lafites popularity, particularly in Asia can be partly attributed to these characteristics of approachability in youth, the finesse and elegance combined with significant ageing potential. Finally, the legend of Lafite '82 is shared by those in the community: first a group of Hong Kong tycoons started drinking it, when it was considered a status symbol to drink Lafite, and choosing an '82 Lafite was a reflection of taste; then it became popular among a group of Wenzhou businessmen living in Europe to drink a wine called Lafite, and now it is the businessmen from Zhejiang, in addition to Wenzhou, who are starting to speculate on Lafite '82. Chteau Lafite Rothschild is a French wine estate of Bordeaux wine, located in Pauillac in France, owned by members of the Rothschild family since the 19th century, and rated as a First Growth under the 1855 Bordeaux Classification. [20] Prices for Carruades de Lafite rose dramatically due in part to Chinese demand, with the prices of its 2005 and 2000 vintage fetching over 10,000 per case. Cask tastings revealed a vintage of almost Port-like richness and weight. The wineries of SLO Wine Country boast an average distance of just five miles from the Pacific Ocean, resulting in prevailing marine conditions that are among the most pronounced of any wine region in California. The growing season was idyllic with both budburst and flowering occurring under perfect conditions. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Analysis of the reasons for this may be as follows. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. From an investment point of view, the price of a wine is also at its peak when it enters the world's top restaurants for people to enjoy. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. Rothschild, however, died just three months after purchasing Lafite. Chteau Lafite-Rothschild 2000. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Estimate: 3,0004,000. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. As our search for the world's most popular wines nears its end, we visit one of the great regions. Unfinished and not yet bottled. A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. [21], GBP closed at ~$1.48 on the day of the auction per, For the controversy, which is still unresolved, see, Last edited on 19 February 2023, at 22:59, "The Most Expensive Wine Ever Sold at Auction", "History | Domaines Barons de Rothschild (Lafite)", "CHATEAU LAFITE 1787 - The World's Most Expensive Wine", "Saskia de Rothschild On Building a Winemaking Empire - Maxim", "Worldwise: Vintner Saskia de Rothschild's Favorite Things", "A bottle of 1787 wine apparently bottled for Thomas", "Wine Lover's Nose For Fakery Leads To Famed Bottles", "Chteau Lafite cracks open its first Chinese vintage", "Chateau Lafite Rothschild, Pauillac, France: prices", "Lafite-Rothschild 2008 Falls to $8,800 Five-Month Low on Liv-Ex", https://en.wikipedia.org/w/index.php?title=Chteau_Lafite_Rothschild&oldid=1140398124, This page was last edited on 19 February 2023, at 22:59. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. The first two bottles of the lucky 2008 vintage, with an estimated lot price of $6,000 to $8,000, sold for $34,316 each. View our latest reports to see how the fine wine market is doing. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released.
What does "Lafite in 1982" mean?Where does this "stalk" come from and China's Vintage Alco Pop? Explaining Maotai's Price Spiral - WSJ So, now you know why the '82 Lafite is so expensive, right? [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. - 94/100, Tom Cannavan, Standard delivery next day The winning bid was by far the highest price ever paid for a single bottle of wine. Once again, the 1982 Lafite is at its peak (i.e. There was also plenty of the 2008 vintage on offer, but its fate was less certain. But it was a small market, complicated by the way that top Bordeaux is sold: Bordeauxs custom is to sell its wines two years before they are bottled. Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. A second Chteau Lafite Rothschild vineyard was established in the Chinese province of Shandong, where 250,000 vine stocks from France are planted on 30 hectares. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Wholesalers' Online Wine Claims Don't Stand Up, Chile Seduces China and a Winemaker Romance, Some Comfort for Wine Ponzi Scheme Victims, Popularity relative to other wines, spirits and beers, Chateau Lafite Rothschild 'Carruades de Lafite', Chateau Lafite Rothschild Vertical Collection, Chateau Lafite Rothschild The Almanac Case, Chateau Lafite Rothschild 'Carruades de Lafite' The Curve Vertical. [18], In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite.
Wine Legend: Chteau Lafite-Rothschild 1982 - Decanter Billed by many as the finest wine ever produced by the estate, only six bottles have been made, and one was sold to an Asian buyer in Dubai in 2013 for an eye-watering 122,380. This term has been used in the past with disastrous results.
Understanding Price: Behind The World's Most Expensive Wines It is undoubtedly one of the very best wines to come out of Bordeaux. There are a few factors that contribute to the high cost of Lafite wine. Lafites neighbours are Mouton and Cos dEstournel, both robust and flamboyant wines, which makes it strange that Lafite is renowned for an ethereal lightness that does not stand in the way of its ageability. And Salin had another plan in motion. These nuances continue to evolve and change through the wines long life and the type of bottle format will also influence this evolution, as the general rule is that the larger the format the slower the evolution due to less oxygen compared to the volume of wine, which means those lucky enough to have magnums, double-magnums, jeroboams or imperials of Lafite can enjoy their wines over a longer drinking window period. Should go on for decades." Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Rivian Tells Staff EV Output May Be 24% More Than Forecast, Meta Cuts the Price of Its Quest Headset Up to 33% After Disappointing Demand, In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, John Malone andCharter Directors Agree to $87.5 Million Settlement, Congo President Tells Macron Conflict in East May Delay Election, Anti-ESG Crusader Wants to Take Trumps Agenda to Next Level, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. Today, Lafites 112-hectare vineyard consists of three main areas: the slopes around the Chteau, the adjacent Carruades plateau to the west and a 4.5 hectare plot in the neighbouring commune of Saint Estphe, which historically has been allowed into Lafite and thus the Pauillac appellation. The wines have a vibrant acidity and a firm tannic structure which enables the wines to age gracefully over many decades in the successful vintages. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. What we do is different. The 2011 in particular has immense aging potential. The wines are then released to wholesalers, who get it at a lower price than everybody else. This means that every time you visit this website you will need to enable or disable cookies again. I was blessed to have drunk quite a number of Petrus vintages. Is it familiar? Soon after, it was available in the United States at $300 (now $600). When we discussed the 08, I said, Why dont we do that? Salin recalls. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. The Anglocentric language of wine is increasingly exclusive to the wider wine world. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . The estate is now known as Rubicon, owned by Francis Ford Coppola, who allegedly keeps an empty bottle of this vintage on top of his fridge. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. - Dusseldorf - Germany. Wine Lists. Chateau Lafite-Rothschild, 1787 .
82 years Lafite why so expensive - Distillery.sale drinkable). And it would be a public humiliation for one of the wine worlds premier chteaux. France: Paris [and Ile-de-France], Chateau Lafite Rothschild 1982 WL, [No Label], Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ELA, [Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1er Grand Cru Classe, Rouge, Pauillac, Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ETLA, [Very Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1982 MS, [Mid Shoulder], Chateau Lafite Rothschild 1982 TS SD, [Slightly Damaged Top Shoulder], Chateau Lafite Rothschild 1982 TS, [Top Shoulder], Chateau Lafite Rothschild 1982 THE EA, [Fairly Damaged Very Top Shoulder], Chateau Lafite Rothschild 1982 FD, [Fairly Damaged], Chateau Lafite Rothschild 1982 SD DC, [Slightly Damaged Damaged Capsule], Chateau Lafite Rothschild 1982 BN SD, [Slightly Damaged Base of Neck], Chateau Lafite Rothschild 1982 SD, [Slightly Damaged], Chateau Lafite Rothschild 1982 BN, [Base of Neck], France: Aquitaine, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 5000 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 12 x 750 ml, Chateau Lafite Rothschild 1982 ETA CA, [Highly Damaged Damaged Capsule], Chateau Lafite Rothschild France Red Pauillac Bordeaux, 6 x 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 750 ml. This lengthy aging process adds to the cost of the wine. The recent story about the world's most Googled beer doesn't appear to add up. I was so happy that day! The purity of fruit here really pushes through to the finish. Wine Investment, Tagged: [19], Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $1175.
World's Most Expensive Wines - Forbes Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. When it went for $233,972, it became the most expensive wine ever sold. If you disable this cookie, we will not be able to save your preferences. But Salin had something up his sleeve that he hoped would give the auction a boost. The tannins are well balanced and the finish is smooth. But it was a small market, complicated by the way that top Bordeaux is sold: Bordeauxs custom is to sell its wines two years before they are bottled. But what happened that night wasnt just a coup for Lafite. Some of the world's most famous wines. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a quality classification in 1855.
How Chteau Lafite Changed the World of Wine - Pix It was going to be a tough day, and neither Ritchie or Salin, the CEO of DBR Lafite, the company behind Lafite, were certain the wines would attract anything like the prices they were hoping for. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. Photo courtesy of DBR Lafite. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. Manage Cookies Accept & Continue. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Its not a blockbuster year but the tannins and the fruit were ripe and we should see wines at the same quality level as 2012 (an underrated year in my book) or perhaps 2014. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Since then, it has been a consistent producer of one of the world's most expensive red wines. Just as the 1990 Cheval Blanc is outrageously expensive, driven by Middle Eastern oil tycoons (NB: the current price is 7,032, higher than the '82), so is the price of Romane-Conti in Burgundy, France, at the very top of the pyramid, not only because of the tiny production of around 3,600-6,000 bottles (NB: Lafite's production is around 200,000 bottles) but also, it is said, because in the 1980s speculation by the Japanese when their economy took off. Because saliva builds up in the mouth all day, it can alter the taste of wine. Simply put it, it's just so good!