There are a few factors that contribute to the high cost of Lafite wine. Flight 4 d'Yquem 1975. . A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. It is deeply impressive. As our search for the world's most popular wines nears its end, we visit one of the great regions. [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. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. 12 bottles per lot. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Find out more about the people who make it work. 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. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. (AG) (3/2014) Good full, deep red. Could there be a changing of the guard among Bordeaux's top producers? The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. Lafite lies at the northern end of Pauillac. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. Winemaking practices have changed little at Lafite. Posted in: 6 bottles per lot. Fourth, Lafite is one of the most prestigious wine producers in the world. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. The vines are planted in well-drained soil made up of fine, deep gravel, mixed with aeolian sand on a subsoil of tertiary limestone. 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! 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. 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 . The 1982, considered one of the best vintages of last century, was the most expensive lot fetching $42,350, including a 21 percent commission known as buyers premium. 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. In October 2019, the 2017 vintage of Long Dai its first went on sale in Europe. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). It is considered by some to be the best wine to come out of Bordeaux. Hassle-free and easy, our plans and fees are simple and transparent. The purity of fruit here really pushes through to the finish. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. Brand 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 . That is certainly the case with the 1982 Lafite. 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. 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. Wine Legend: Chteau Lafite-Rothschild 1982, Pauillac, Bordeaux, France Bottles produced: No record Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc Yield: 40 hectolitres per hectare Alcohol level: 12.5% Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50) It was exceedingly wet the first half of the year and bone dry for much of the second half. More shipping infoShipping info, Guaranteed provenance The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. 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. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. Critics have scored this wine 95 points. Copyright 2023 Cult Wines Ltd. All Rights Reserved. Estimate: 11,00014,000. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. In Bordeaux, 2016 was a strange year. Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines. [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 history of Chteau Lafite Rothschild is rich and fascinating. First, the wine is produced in very limited quantities. 2 magnums per lot. Join one of our online webinars to hear from experts on the market. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. 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. Products range from still equipment, brew equipment craft home microbrewery beer brewery brewing beer equipment fermenter beer pilot brewing system, Micro Brewery equipment Two Vessels Brewhouse, 50L/100L Mini Alcohol Distiller Column Distillation Machine, Isobaric craft beer conical fermentation tank, jacket craft beer conical fermenter equipment, Variable Red Fruit Wine Fermentation Tank capacity Stainless Steel wine tank, Stainless steel wine fermenter and storage tank for winery and beverage factory, Distillery machine brewing vodka gin Rum Whisky Brandy liquor, 1000l copper still brandy distilling equipment. This means that every time you visit this website you will need to enable or disable cookies again. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. 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). It . [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. Chateau Lafite-Rothschild, 1787 . Since then, the overall Chinese wine market has become globally significant. Chteau Lafite-Rothschild 2005. Rather more closed on the nose. Go to shop. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. The harvest began early, on 16 September. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 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. Once again, the 1982 Lafite is at its peak (i.e. 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). [9][10][11][12][13][14] The authenticity of the bottle has been challenged. 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. Asia House The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. He knew the number eight is considered extremely lucky in Chinese culture, so hed arranged to have the Chinese symbol for the 8 in 2008 , discreetly engraved in the lucky color red, just above the label. 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. Estimate: 3,0004,000. Firstly, there is the 1982 vintage. 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. Yes, take me to the Asia edition Christoph Salin. Hotlines/WhatsApp. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. As a result, the appeal of this Pauillac wine has always been based on Lafite. Not only was the wine famous, it was also a First Growth chateaux. A look at the Bordeaux vintage that retailers are backing as the best in years. The wine is without a doubt one of the best Bordeaux wines to come out. The acidity then rushes in at the very end, causing the wine to become longer. 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. 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 . From Barolo to Bordeaux, these wines are steeped in tradition. 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. 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. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Salin had also created a special label for the 2008 vintage. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. When it went for $233,972, it became the most expensive wine ever sold. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . The Pauillac appellation is where the other First Growths Chteau Latour and Chteau Mouton Rothschild are located. Chteau Lafite-Rothschild 2005. Wine Lists. 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. Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. 2022 Distillery.Sale All rights reserved. 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. 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? The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. There are two seriously beautiful vintages on our hands, and theyre both fantastic. Although it eventually cooled after reaching. Our story, setting a new standard for fine wine investment. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. The 2011 in particular has immense aging potential. 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. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. 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. 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 grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. So, what makes Lafite wine so expensive? [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. {"api":{"host":"https:\/\/pinot.decanter.com","authorization":"Bearer OWFmMzIzM2EwYWNjNWE2ZTlmOTI3YjBhMDRmYzIzYzI0NGEyMTQ3YmFjYWY4Y2EzOWI3MDg5MTU4NmQyMDNiNA","version":"2.0"},"piano":{"sandbox":"false","aid":"6qv8OniKQO","rid":"RJXC8OC","offerId":"OFPHMJWYB8UK","offerTemplateId":"OFPHMJWYB8UK","wcTemplateId":"OTOW5EUWVZ4B"}}, {"location":"Keystone Header","subscribeText":"Subscribe Now","version":"2","menuWidgetTitle":"","myAccountLnk":"\/wine-reviews\/account","premiumLnk":"\/subscribe","menuLnks":{"2":{"text":"My Wines","href":"\/wine-reviews\/my-wines"}},"colors":{"text":"#ffffff","button":"#decc8f","link":"#ffffff"}}, Bordeaux agrees funding to pull up vineyards, Grapevines first domesticated 11,000 years ago, says study, Chile wildfires: damage to wine country as officials pledge help, September releases 2022: full score table, Subscribe to Decanter and get the latest wine legends every month. 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. 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. 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. In China, they wanted to drink Lafite with Sprite. Salin remembers. 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. Mobile: +254 798 368 561. The wines are then released to wholesalers, who get it at a lower price than everybody else. Because of the magic of Bordeaux, it takes a while to develop the complex secondary and tertiary characteristics of cedar, leather, and tobacco. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. A bottle of Lafite Rothschild costs around $500. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. Since then, it has been a consistent producer of one of the world's most expensive red wines. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. In-stock and available for sale at the price shown. why is 1982 lafite so expensive. The debonair Baron Eric is serious about his wines. The chteaux take these reactions into account when they come up with the wines release price. drinkable).
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