why is 1982 lafite so expensive

In China the name Lafite has the most extraordinary and unexpected resonance. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. Many people do not know why Lafite '82 is expensive, now I will tell you. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. 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. [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. Bordeaux and French wines in general had made a practice of catering to large wallets and fine palates around the world, always with an eye on the next market. The vintages are well-known and highly regarded by wine experts. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. There was also plenty of the 2008 vintage on offer, but its fate was less certain. We are using cookies to give you the best experience on our website. Each spring after harvest, an event called. There are two seriously beautiful vintages on our hands, and theyre both fantastic. It has a fruity taste with a hint of oak. Price. 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. 6 bottles per lot. 2022 Distillery.Sale All rights reserved. This means that every time you visit this website you will need to enable or disable cookies again. 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. 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. Rather more closed on the nose. It was an easy harvest that saw an early and large crop, and in the vat rooms they say, it smelt of hot fruit jam. Back in 2010 an Asian buyer made wine history when they purchased three bottles of Chateau Lafite-Rothschild for US$232,692 (163,000) per bottle. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. More shipping infoShipping info. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Brand The night had turned into a bidding frenzy, with price after price shattered. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . 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. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. Lafite wine is among the most expensive wines in the world. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 12 bottles per lot. Some of the world's most famous wines. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. 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 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). There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. 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. Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. This is not a bad thing, but it is slightly different. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. 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. 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. Therefore, a soil that is too fertile may not be what's best for a vineyard; an arid hillside may yield richer grapes than a green stretch of land by a river. The past few years have seen big price hikes for fine wine, but market patience might be wearing thin. [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. It is considered by some to be the best wine to come out of Bordeaux. Soon after, it was available in the United States at $300 (now $600). Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. Check with the merchant for stock availability. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Chteau Lafite-Rothschild 2005. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. If you disable this cookie, we will not be able to save your preferences. 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. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. The Drop is an online magazine that connects people to wines theyll love. The winning bid was by far the highest price ever paid for a single bottle of wine. 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. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Phone: +254 727 612 142. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? Sometimes small imperfections add complexity in a wine. Having already established a presence in Japan, Taiwan, and the more independent Asian mainland cities of Hong Kong and Shanghai, they saw China as the next big market, as soon as Communist rule permitted it. 2 magnums per lot. 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. 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. 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. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. Discover how your secure fine wine investment is stored. For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. Four different kinds of cryptocurrencies you should know. The bottle of 1869 with an estimated price of $8,000? This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. 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. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. 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. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . 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. 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. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. 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. There are a few factors that contribute to the high cost of Lafite wine. 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. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. 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. And he, Robert Parker, a relatively new and little-known American wine critic, staked his life on the credibility of that vintage as one of the best of the 20th century. Estimate: 3,0004,000. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. Posted in: With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes. 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. That is certainly the case with the 1982 Lafite. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. Price. Or youre an unabashed cork dork hunting for that Slovenian stunner you sipped on vacation. This lengthy aging process adds to the cost of the wine. It . [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. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. Because saliva builds up in the mouth all day, it can alter the taste of wine. Registered in England and Wales No. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. 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. Chateau Lafite Rothschild, 1869 163,000. The most important thing for Chinese people is their face. The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. I have been fortunate to taste Lafite on many occasions. Looking at the wine retail shelves raises one question: where's the Bordeaux? Long-term drinking is supported by both the short and long-term use of mixed formats. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. Rothschild, however, died just three months after purchasing Lafite. [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. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. 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. Chteau Lafite-Rothschild 2005. GB 129 9514 84 | AWRS No. (AG) (3/2014) Good full, deep red. Such criticisms have largely proved unfounded, and the top 1982s are still going strong, establishing the vintage as the most celebrated of the last 50 years. 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 . 06350591 | VAT No. It simply oozes class. 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 . Limited availability. Hassle-free and easy, our plans and fees are simple and transparent. Bottled and stored with producer, excludes shipping and tariffs. - London - United Kingdom, Jacob K Javits Convention Center 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. The style covers a broad spectrum of flavor profiles, but tend to be elegant and Far from being an officially defined or legal term, it is almost never used for wine-labeling purposes (although it occasionally appears on back labels). The debonair Baron Eric is serious about his wines. Lafite only produces a few thousand cases of wine each year, which drives . Users have rated this wine 4.5 out of 5 stars. We've finally reached the summit of our search for the world's most popular wines. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. 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. Amongst these Pauillac wines, Lafite has always held a particular allure. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. Asia House We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. I told them, Sprite tastes better without Lafite, and Lafite tastes better without Sprite. Nevertheless, the 1982 sold well among government dignitaries and oligarchs looking for the perfect gift, even if they never really intended to drink it. 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. The move helped establish Lafite as a leader in the market. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. But what happened that night wasnt just a coup for Lafite. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. Our story, setting a new standard for fine wine investment. 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. 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. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. 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 Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. $ 3,548.92. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. 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. 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. Second, the grapes used to make Lafite wine are of the highest quality. 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. - Dusseldorf - Germany. 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. A bottle of 1869 Lafite had an estimated price of $8,000.

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