[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. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Four good reasons to indulge in cryptocurrency! On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. The history of Chteau Lafite Rothschild is rich and fascinating. 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. It . takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. More shipping info. This term has been used in the past with disastrous results. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Please sign in or create a free account to . why is 1982 lafite so expensive. The 2005 and 2000 vintages of Carruades de Lafite have skyrocketed in price due to increased demand from China, with the 2005 vintage fetching more than 10,000 per case and the 2000 vintage fetching nearly 12,000. It looks like a hill, and Lafite is located on the slope of a hill. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. Most often asked questions related to bitcoin! to put under the hammer. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. Hotlines/WhatsApp. Amongst these Pauillac wines, Lafite has always held a particular allure. Critics have scored this wine 95 points. So, what makes Lafite wine so expensive? Photo courtesy of DBR Lafite. [1], Situated in the wine-producing village of Pauillac in the Mdoc region to the north-west of Bordeaux, the estate was the property of Gombaud de Lafite in 1234. He claims that the 10s brought a new energy to structure. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. - 94/100, Tom Cannavan, Standard delivery next day 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. And Salin had another plan in motion. Flight 4 d'Yquem 1975. . The 1982, considered one of the best vintages of last century . When young, it is really difficult to understand despite being more . Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. In der Nase feines florales Bukett, nach Herzkirschen, zart nach Orangenzesten, Lakritze und Brombeeren klingen an, floral nach Lilien, ein Hauch von Zedernholz, Steinpilzen und Schokolade. Is it familiar? Why is Petrus so expensive apart from the common logic of supply and demand? 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. If you continue to use this site we will assume that you are happy with it. Some of the world's most famous wines. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. Learn More >, The Drop is an online magazine that connects people to wines theyll love. The acidity then rushes in at the very end, causing the wine to become longer. 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. 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. For completeness we may include critic scores in our aggregation that we do not display. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Sometimes small imperfections add complexity in a wine. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. Robert Parker said the wine reveals considerable tannin as well as amazing, atypical power and concentration for Lafite, and rated it 100. Half of those cases went to China. It was a vintage that many experts at the time were down on: a vintage that was seen as fruity, seductive, over-ripe and youthful before it was even bottled, but without enough tannins to support it and make it difficult for it to develop in the bottle, lacking the makings of a great wine. 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. We are using cookies to give you the best experience on our website. Chteau Lafite-Rothschild 2005. It looks like you're in Asia, would you like to be redirected to the The vintages are well-known and highly regarded by wine experts. Why is the 82 Lafite so expensive? Mr. Liu put the price of a bottle of 1982 Lafite at about 60,000 yuan or $9,500 (taxes tend to make wine more expensive in China than in other markets) -- and he clearly expected Maotai to. Producer. Looking at the wine retail shelves raises one question: where's the Bordeaux? ! The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. Second, the grapes used to make Lafite wine are of the highest quality. Why is Lafite so expensive? Sold in 2004, this is regarded as one of the most expensive American wines ever sold. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. Cask tastings revealed a vintage of almost Port-like richness and weight. [15] On 29 October 2010 the record was broken at a Sotheby's auction in Hong Kong three bottles of 1869 Chateau Lafite-Rothschild were sold for HK$1.8M (US$232,692) each.[16]. Well, youd hardly keep it under the stairs, would you? Winemakers have discovered that vines which yield a smaller amount of fruit make better wines because there is a greater concentration of flavor in the grapes. Should go on for decades." 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. It is considered by some to be the best wine to come out of Bordeaux. Although your wine cellar might be valuable, sharing bottles with friends is priceless. Drinks Business Asia edition? Hassle-free and easy, our plans and fees are simple and transparent. Chteau Lafite Rothschild, located in Pauillac, France, is an estate of Bordeaux wine owned by members of the Rothschild family since the nineteenth century and classified as a First Growth under the 1855 Bordeaux Classification. CA: Los Angeles. 2010 saw a return to form. Chateau Lafite tastes like a fine wine should taste. Direct from the producer, in-stock and available for sale at the price shown. There was also plenty of the 2008 vintage on offer, but its fate was less certain. This week's news roundup covers all the major themes romance, money and crime. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. The move helped establish Lafite as a leader in the market. 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. They are deeply-coloured and have intense fruity aromas. The 2017 vintage is a major success for the dry white wines of Bordeaux, which are clearly superior to 2015 and 2016. 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. Talk about opening with a bang! 2 magnums per lot. Generally speaking, Lafite takes about 25 years to blossom in a strong vintage; the 1999, from a less powerful year, is just starting to develop secondary nuances, the herbal and savory notes that . Every year, a different artist is commissioned by the winery. 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. Unfinished and not yet bottled. Salin had also created a special label for the 2008 vintage. Christoph Salin. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Chateau Margaux, 2009 - 122,380. It has a fruity taste with a hint of oak. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . The chteaux take these reactions into account when they come up with the wines release price. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. Phone: +254 727 612 142. First, the wine is produced in very limited quantities. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. What we do is different. More shipping infoShipping info, Guaranteed provenance Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. (AG) (3/2014) Good full, deep red. Succeeding his uncle lie de Rothschild, Lafite has been under the direction of ric de Rothschild from 1974 to 2018, when he was succeeded by his daughter, Saskia de Rothschild. Wine has a proven track record of returns and resilience in an unstable market. The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. [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. [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. We've finally reached the summit of our search for the world's most popular wines. Great length and probably a few years off its peak. GB 129 9514 84 | AWRS No. 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. [7][8], At the 5 December 1985 Christie's auction, a new record price of approximately US$156,000 was paid for a bottle of wine a 1787 Chteau Lafite which was thought to be owned by Thomas Jefferson. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . 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. Given that wine is a beverage, of course, one bottle is rarely consumed and eventually becomes a scarce item, perhaps hidden away in the hands of a collector and labelled as a non-sale item. Baron Philippe is the first and only person to accomplish this. drinkable). Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. Chteau Lafite Rothschild in Pauillac, France, Get the best stories from Christies.com in a weekly email, *We will never sell or rent your information. More shipping infoShipping info, Please allow 20 days for delivery in US. Could there be a changing of the guard among Bordeaux's top producers? So drinking a bottle of 1982 Lafite Rothschild meant you were enjoying the best wine made, and if you in turn gave a bottle as a gift . This website uses cookies so that we can provide you with the best user experience possible. The harvest began early, on 16 September. It was predicted to earn about $666 a bottle, assuming there were buyers. Chteau Lafite Rothschild has a rich and fascinating history. Such resonance that Carruades de Lafite, the Bordeaux first growth's second wine and often a thin little thing, can command a higher price than super-second Ch Cos d'Estournel. XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. At the beginning of the 18th century Lafites wine was sold in London, where it was reported to be a favourite of the Prime Minister, Robert Walpole, who was reputed to have purchased barrels of 1732 and 1733. Our story, setting a new standard for fine wine investment. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. This moniker has stood the test of time, with modern-day Lafite still commanding more demand and attention globally than it's first growth counterparts. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. Artists work is not compensated in the same way that other types of work are, but they are given a box of wine with their own vintage. drinkable). A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. And it was our thank you to China for helping us through the years., But what happened that night wasnt just a coup for Lafite. Retail Wines In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. The recent story about the world's most Googled beer doesn't appear to add up. 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. Then it indirectly helped to advertise Lafite '82. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. 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 At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. 6 bottles per lot. Perhaps spurred on by the enthusiasm of the proprietors, the press and trade mostly reacted very positively, and 1982 was soon regarded as a blue-chip vintage, confirmed by steadily rising prices for the top wines. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market.