- New York - USA, Messe Dusseldorf A nearly two-century-old bottle of Chateau Lafite, believed to have been part of an order set aside for Thomas Jefferson, commanded $156,450 today at an auction here. Check with the merchant for stock availability. Should go on for decades. Chteau Lafite in Bordeaux. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. Lafite lies at the northern end of Pauillac. Chteau Lafite Rothschild is a wine estate in the Pauillac region of the Mdoc, producing one of the most sought-after and expensive red wines in the world. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Many people do not know why Lafite '82 is expensive, now I will tell you. Stored in bonded warehouse with duty and sales tax suspended. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. The next morning, the price of the 2008 Lafite jumped 20% on the key London markets. 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. 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. It became the most expensive wine ever sold when the hammer went down at the final price of $233,972. I was blessed to have drunk quite a number of Petrus vintages. On this, the first day of the auction, Ritchie had 2,000 bottles of. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. [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. 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. If you disable this cookie, we will not be able to save your preferences. [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. Chteau Lafite-Rothschild 2005. Why is Lafite so expensive? The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. ! Christoph Salin. The mystique extends beyond the wine in Beijing, there is a La Fite. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. That is certainly the case with the 1982 Lafite. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Cask tastings revealed a vintage of almost Port-like richness and weight. During the ageing period, the wine would have been regularly racked and then fined before bottling. . Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. Because of the magic of Bordeaux, it takes a while to develop the complex secondary and tertiary characteristics of cedar, leather, and tobacco. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. The core is plummy and rich, with notes of bramble and earth, but then a creamy layer of blackcurrant adds to a fleshy mid-palate. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. First, the wine is produced in very limited quantities. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . But what happened that night wasnt just a coup for Lafite. A look at the Bordeaux vintage that retailers are backing as the best in years. Amongst these Pauillac wines, Lafite has always held a particular allure. The recent story about the world's most Googled beer doesn't appear to add up. It was exceedingly wet the first half of the year and bone dry for much of the second half. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Cult Wines is proudly invested in offsetting carbon emissions through dedicated projects around the world, championing sustainability, supporting ethical practices and actively contributing to the future of the wine industry with impactful initiatives. After peaking in 2011, however, the price of some vintages halved in two years. Estimate: 11,00014,000. Salin had not only helped open up the Chinese market for fine wines, he was now helping to open Western markets to prestige wines made in China. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. 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. View our latest reports to see how the fine wine market is doing. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. And Salin had another plan in motion. Mixed formats support both near- and long-term drinking. Balancing Leisure and Learning: A Students Guide to Watching TV and Sipping Wine, Unforgettable Weddings In The Napa Valley: Celebrating Love In A Vineyard, Experience History And Award-Winning Wines At Renault Winery In Egg Harbor City NJ, Uncovering The History Of Ovid Winery: From Founding Winemaker Mark Herold To The Herold Family Today, Exploring The Winery And Beyond: A Quick 4-Mile Drive From Andaz Napa To The Francis Ford Coppola Winery, Experience The Best Of Napa Valley At Newton Winery, Exploring The Perfect Pairing: White Wine And Roasted Duck, Enjoying White Wine Responsibly: Understanding Calories And Nutritional Value. Case of 1982 Lafite tops auction at $42k 12 May 2014 By Lauren Eads An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. It may be early in the marathon that is Bordeaux En Primeurthe worlds biggest weeklong barrel-tasting eventbut its not too soon to say that 2016 is a great vintage overall. When it went for $233,972, it became the most expensive wine ever sold. For me, the magic of Bordeaux requires patience, the wines need time to evolve their complex secondary and tertiary characteristics of cedar, leather and tobacco. There was a lot at stake. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. They should be fine 2017 is potentially a very good vintage. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. Four good reasons to indulge in cryptocurrency! Critics have scored this wine 95 points. It looks like a hill, and Lafite is located on the slope of a hill. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. Some estates overcropped as the yield was generous, but dilution was rare. The Clockwork Building, 45 Beavor Lane, London W6 9AR, Reg Company No. Is Chateau Lafite an expensive wine? If you continue to use this site we will assume that you are happy with it. Estimate: 3,000-4,000. 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. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. Once again, the 1982 Lafite is at its peak (i.e. Because saliva builds up in the mouth all day, it can alter the taste of wine. The Lucky Country has had a rough few years, but change is in the air. Great length and probably a few years off its peak. Direct from the producer, in-stock and available for sale at the price shown. We have well known master distiller in Canada and the USA, also installation team in North America, and our own researching department and factory, which assure that we can provide high quality distillation equipment for our customers. Brand The wine is without a doubt one of the best Bordeaux wines to come out. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. A bottle of 1869 Chteau Lafite Rothschild holds the world record for the most expensive bottle of wine sold at auction for $233,973 in 2010. In China, they wanted to drink Lafite with Sprite. Salin remembers. [4], In the early 18th century, Nicolas-Alexandre, marquis de Sgur refined the wine-making techniques of the estate, and introduced his wines to the upper echelons of European society. So, now you know why the '82 Lafite is so expensive, right? This would be a historic low, said the ministry 16% lower than the five-year average and worse than 1991, a vintage also hit hard by frost. This week's news roundup covers all the major themes romance, money and crime. The wines are then released to wholesalers, who get it at a lower price than everybody else. The tannins are well balanced and the finish is smooth. With the 2009, it turned out, the Chinese wanted to buy more of it than we had to sell, says Salin, who retired in 2018. When we discussed the 08, I said, Why dont we do that? Salin recalls. Chteau Lafite-Rothschild 1986. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. Chateau Lafite-Rothschild, 1787 109,300. 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. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. Bordeaux are known for their age-ability. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. The history of Chteau Lafite Rothschild is rich and fascinating. Well, youd hardly keep it under the stairs, would you? BEVERLY HILLS A case of 1982 Chateau Lafite Rothschild Pauillac, one of three such cases with bottles in original tissue, realized $41,175 to top Heritage Auctions' $1.76 million Wine Signature Auction, which sold 100% by value and 100% by lot. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. Once again, the 1982 Lafite is at its peak (i.e. [2] In the 17th century, the property of Chteau Lafite was purchased by the Sgur family, including the 16th century manor house that still stands. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. 6 bottles per lot. We've finally reached the summit of our search for the world's most popular wines. The purity of fruit here really pushes through to the finish. 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. Third, Lafite ages its wine for a longer period of time than most other producers. 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. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}451330N 04623W / 45.22500N 0.77306W / 45.22500; -0.77306. 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. Sometimes small imperfections add complexity in a wine. [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. 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. 2 magnums per lot. It is considered by some to be the best wine to come out of Bordeaux. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. 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. A bottle of 1869 Lafite had an estimated price of $8,000. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. But Salin had something up his sleeve that he hoped would give the auction a boost. It was not until 1983 that Charles Chevallier became Lafites deputy technical director; he later became technical manager of not only Lafite but the other properties - Rieussec, Duhart-Milon and Evangile that form part of the group. This wine is made from a blend of 87 percent Cabernet Sauvignon and 13 percent Merlot, according to the Chateau Lafite Rothschild Pauillac 2010 label. Chateau Margaux, 2009 - 122,380. The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! The core is plummy and rich, with notes of bramble and earth, but then a creamy layer of blackcurrant adds to a fleshy mid-palate. Chateau Lafite-Rothschild, 1787 . Nov 22, 2010. Mobile: +254 798 368 561. First, the wine is produced in very limited quantities. 12 bottles per lot. Sold in 2011 at a Christies sale in New York, this Petrus vintage was expected to sell for between US$50,000 and $90,000, but the hammer went down on a considerably higher sum of $144,000 (100,800), setting a record for the most expensive Petrus ever sold at auction. As a result, the appeal of this Pauillac wine has always been based on Lafite. $ 3,548.92. It . The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. Registered in England and Wales No. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Californias Best-Kept Wine Secret: Santa Cruz Mountains, The Bottles That Shaped Tony Parkers Love of Wine, Heavy Metal Fans Drink Muscadet and You Should Too, Get to Know Portugals Stunning White Wines. Or youre an unabashed cork dork hunting for that Slovenian stunner you sipped on vacation. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. Although your wine cellar might be valuable, sharing bottles with friends is priceless. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. In contrast, due to Chinas average annual salary of just over $11,000, paying such a high price for a bottle of wine may be out of reach for some consumers. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . The Anglocentric language of wine is increasingly exclusive to the wider wine world. So, what makes Lafite wine so expensive? The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. The problem was that the Chinese had never bought much at En Primeur, Salin recalled recently. Let us guide you through the process behind investing in fine wine. The style of wines proved a terrific shot in the arm for claret, especially on the US market. Wine Lists. 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. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. The only known bottle in the Imperial format was expected to sell for between US$150,000-$200,000, but smashed its estimates to sell for $304,375 (192,000). With a surprisingly clever search engine alongside bottle reviews and articles from trusted voices in wine, youre just a click and a clink away from your new favorite bottle. Manage Cookies Accept & Continue. Talk about opening with a bang! Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? Go to shop. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Then it indirectly helped to advertise Lafite '82. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. All of these factors combine to make Lafite wine one of the most expensive wines on the market. 1982 Chateau Lafite Rothschild Pauillac, France Avg Price (ex-tax) $ 4,076 / 750ml Red - Savory and Classic 4.5 from 43 User Ratings 95 / 100 from 13 Critic Reviews All 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 Prices Profile Reviews Vintages Analytics 194 Prices Compact view Acker Merrall & Condit Auction USA: (NY) New York In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 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 debonair Baron Eric is serious about his wines. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. Photo courtesy of DBR Lafite. to put under the hammer. Every year, a different artist is commissioned by the winery. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. I have been fortunate to taste Lafite on many occasions. Why is lafite so expensive? Good luck getting hold of a bottle, though, the vintage is available in maddeningly small quantities. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. Trinken/lagern +40 Jahre. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Most often asked questions related to bitcoin! 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. I was so happy that day! 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. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. The vintages are well-known and highly regarded by wine experts. The Global Financial Crisis was still in full swing, and collectors across the world, including in the all-important U.S. market, had abandoned expensive wines. 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. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. Chteau Lafite Rothschild is one of the most expensive wines in the world, with prices ranging from $911 per 750 ml bottle to $1,699 per 750 ml bottle. Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. In Bordeaux, as almost anywhere else in the world of fine wine, wines get more expensive as they get older, and that effect accelerates the older the wine becomes. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. The wines are then released to wholesalers, who get it at a lower price than everybody else. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. But selection for the grand vin was less stringent than it would become from 1985. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. Why is Lafite so expensive? Some of the world's most famous wines. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. The 1982, considered one of the best vintages of last century . 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.. What year is the most expensive Lafite? 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. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. But what happened that night wasn't just a coup for Lafite. The acidity then rushes in at the very end, causing the wine to become longer. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. A single night in Hong Kong in 2010 proved a turning point in the history of wine. Not only was the wine famous, it was also a First Growth chateaux. The chteaux take these reactions into account when they come up with the wines release price.