Wine has a proven track record of returns and resilience in an unstable market. More shipping infoShipping info, Guaranteed provenance 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. 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. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Since then, the overall Chinese wine market has become globally significant. XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. The recent story about the world's most Googled beer doesn't appear to add up. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. - Dusseldorf - Germany. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Learn More >, The Drop is an online magazine that connects people to wines theyll love. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. This is not a bad thing, but it is slightly different. Subscribe to our magazine to stay in the know. The 1982 Chteau Lafite-Rothschild, from magnum, is a bit rough around the edges, but still striking in its beauty. On this, the first day of the auction, Ritchie had 2,000 bottles of. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. [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. Stored in bonded warehouse with duty and sales tax suspended. The wines are then released to wholesalers, who get it at a lower price than everybody else. Each spring after harvest, an event called. Amongst these Pauillac wines, Lafite has always held a particular allure. 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 wines have a vibrant acidity and a firm tannic structure which enables the wines to age gracefully over many decades in the successful vintages. Bordeaux are known for their age-ability. Unfinished and not yet bottled. Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. Analysis of the reasons for this may be as follows. The grapes would have been picked by hand, selected in the vineyard, and brought to the winery for destemming and fermentation in large wooden vats (stainless steel tanks were only installed in 1988). Will there be any dramatic changes at the heart of the wine world? But what happened that night wasn't just a coup for Lafite. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. Not only was the wine famous, it was also a First Growth chateaux. Asia House Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The history of Chteau Lafite Rothschild is rich and fascinating. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Soon after, it was available in the United States at $300 (now $600). Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? The mystique extends beyond the wine in Beijing, there is a La Fite. First, the wine is produced in very limited quantities. In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. The chteaux take these reactions into account when they come up with the wines release price. Yes, take me to the Asia edition Lafite in particular has maintained a youthful character, developing harmony as it ages. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. The consumer price index jumped 6.8% from a year earlier, the fastest pace since 1982, as prices surged for staples such as food and gasoline, new and used cars, rent and physicians' services . Although it is less than 1 million a bottle of Kande red wine, I can't bear to drink it when I buy it back. For completeness we may include critic scores in our aggregation that we do not display. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. 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 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 tannins are well balanced and the finish is smooth. 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? I was so happy that day! It was exceedingly wet the first half of the year and bone dry for much of the second half. 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. CA: Los Angeles. 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. Chteau Lafite-Rothschild 2005. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. 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. View our latest reports to see how the fine wine market is doing. A bottle of 1869 Lafite had an estimated price of $8,000. A look at the Bordeaux vintage that retailers are backing as the best in years. Estimate: 3,000-4,000. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . The problem was that the Chinese had never bought much at En Primeur, Salin recalled recently. Baron Philippe is the first and only person to accomplish this. 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. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Lafite was officially ranked first in the list of the 1855 Classification of the Bordeaux Grands Crus Classs prepared for the Universal Exhibition in Paris in the same year. A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. Photo courtesy of DBR Lafite. 06350591 | VAT No. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Lafite only produces a few thousand cases of wine each year, which drives . In 2001 he wrote: So much on show, so much left to show., Clive Coates MW writing a year later, thought the wine fresh, classy and intense, adding: It will get even better as it gets more decadent.. 12 bottles per lot. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. There is no doubt that this is one of the best Bordeaux wines ever made. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Lafite is approachable in youth with a beautiful fragrant fruit character, however it will be fascinating to taste their younger vintages, such as 2009, 2010, 2015 and 2016 when they are fully matured. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. Is it familiar? 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. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. So, now you know why the '82 Lafite is so expensive, right? 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. This week's news roundup covers all the major themes romance, money and crime. Join one of our online webinars to hear from experts on the market. The price of other Bordeaux wines rose as well. Chateau Lafite-Rothschild, 1787 109,300. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. DBR Lafite was not the first major French company to invest in Chinese terroir, but its presence was an important vote of confidence in Chinas future as a wine producing country. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. We've finally reached the summit of our search for the world's most popular wines. Trinken/lagern +40 Jahre. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. The chteaux take these reactions into account when they come up with the wines release price. 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. It's not just an asset, it's an experience. Users have rated this wine 4.5 out of 5 stars. They're wrong. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. The wines are then released to wholesalers, who get it at a lower price than everybody else. Other full-bodied wines with robust structures will also age well, but we zeroed in on these nine as our top choices for the cellar treatment. The general rule with all red meat is the leaner the meat, the lighter the wine this also applies to different cuts of beef or steak, although side dishes and sauces also have to be No longer confined to the realms of science fiction, AI is increasingly permeating all aspects of life. What we do is different. Its vines are around 70% Cabernet Sauvignon, 25% Merlot, 3% Cabernet Franc, and 2% Petit Verdot, whereas the final wine is between 80% and 95% Cabernet Sauvignon, 5% and 20% Merlot, and up to 3% Cabernet Franc and Petit Verdot. In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. 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. 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. 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 wine is without a doubt one of the best Bordeaux wines to come out. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. Manage Cookies Accept & Continue. This website uses cookies so that we can provide you with the best user experience possible. Long-term drinking is supported by both the short and long-term use of mixed formats. 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, 1869 163,000. World Class Wine. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. to put under the hammer. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. The remaining vintage years of the 21st century have all otherwise been reasonable quality, although the 2013, 2010 and 2005 stand out above the rest. Wine Lists. 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. Once again, the 1982 Lafite is at its peak (i.e. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. Chteau Lafite-Rothschild 1986. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. So, what makes Lafite wine so expensive? Brand 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. - New York - USA, Messe Dusseldorf The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. 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. Why is the 82 Lafite so expensive? Past performance is not indicative of future results. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. There are a few factors that contribute to the high cost of Lafite wine. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. The purity of fruit here really pushes through to the finish. Discover what else your investment offers. 6 bottles per lot. The first half of the 19th century saw Lafite in the hands of the Vanlerberghe family and the wine improved more, including the great vintages of 1795, 1798 and 1818. [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. 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. 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. The estate then became the joint property of his three sons: Alphonse, Gustave and Edmond Rothschild. ! There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). Mobile: +254 798 368 561. In October 2019, the 2017 vintage of Long Dai its first went on sale in Europe. French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. 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. Direct from the producer, in-stock and available for sale at the price shown. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. 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. 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. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. Chteau Lafite-Rothschild 2005. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Fourth, Lafite is one of the most prestigious wine producers in the world. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. Investing in wine could be your smartest investment yet. In terms of red Bordeaux, or claret as it is also referred to by the British, there are no greater wines than the five chteaux referred to as the first growths: Chteau Lafite-Rothschild, Chteau Latour, Chteau Margaux, Chteau Haut-Brion and Chteau Mouton Rothschild. $ 3,548.92. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. In Bordeaux, 2016 was a strange year. What is the Difference Between Wine and Cocktails? There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. It has a fruity taste with a hint of oak. 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. In 1989, the bottle collided with a tray at a wine dinner in New York, and win merchant William Sokolin scooped $225,000 (157,200) from the insurance (although he had originally sought out a massive half a million). Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. The growing season was idyllic with both budburst and flowering occurring under perfect conditions. I have been fortunate to taste Lafite on many occasions. Am Gaumen komplex, dabei saftig und elegant, extraktse Frucht, prsente Tannine, etwas schwarzer Tee, leicht adstringent, hat den robusten Kern aller guten 82er, hat Tiefgang, dunkle Schokolade, aber auch Nuancen von roter Frucht im Abgang, sehr gute Lnge, ausgezeichnetes weiteres Reifepotenzial. 2 magnums per lot. Chteau Lafite in Bordeaux. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Why is lafite so expensive? The first reference dates back to 1234 and the name Lafite derives from the historic language term fite, which means mound or hillock, and describes their plateau which is one of the highest spots in the appellation. You are wondering about the question why is 1982 lafite so expensive but currently there is no answer, so let kienthuctudonghoa.com summarize and list the top articles with the question. 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. 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. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. The move helped establish Lafite as a leader in the market. Chateau Margaux, 2009 - 122,380. Third, Lafite ages its wine for a longer period of time than most other producers. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. And it would be a public humiliation for one of the wine worlds premier chteaux. It is undoubtedly one of the very best wines to come out of Bordeaux. In fact, at the beginning, 82 Lafite was a line of a movie, and then gradually evolved into an expression bag. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. why is 1982 lafite so expensive. Why is Petrus so expensive apart from the common logic of supply and demand? If you disable this cookie, we will not be able to save your preferences. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. This means that every time you visit this website you will need to enable or disable cookies again. Rather more closed on the nose. More shipping infoShipping info. 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. [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. 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. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. More importantly, Chinese consumption caused Bordeaux prices to rise so high, that it priced many of its traditional British and American fans out of the market. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. The price of other Bordeaux wines rose as well. Vintages at Chteau Mouton Rothschild are known for their distinct labels. The Drop is an online magazine that connects people to wines theyll love. 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. The night had turned into a bidding frenzy, with price after price shattered. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. The purity of fruit here really pushes through to the finish. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. The Lafite Rothschild vineyards in the Bordeaux region of France produce a wide range of red, white, and ros wines. The winning bid was by far the highest price ever paid for a single bottle of wine. And Salin had another plan in motion. 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. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. 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Great length and probably a few years off its peak. If youre looking for a special bottle of wine to splurge on, Lafite is a great option. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. 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. Christoph Salin. With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes. Flight 4 d'Yquem 1975. . Before long he was known as the "Wine Prince", and the wine of Chteau Lafite called "The King's Wine" thanks to the influential support of the Marchal de Richelieu. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. 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.
