Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Rivian Tells Staff EV Output May Be 24% More Than Forecast, Meta Cuts the Price of Its Quest Headset Up to 33% After Disappointing Demand, In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, John Malone andCharter Directors Agree to $87.5 Million Settlement, Congo President Tells Macron Conflict in East May Delay Election, Anti-ESG Crusader Wants to Take Trumps Agenda to Next Level, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. 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. 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. Price starts low and is sold to the highest bidder. Chteau Lafite in Bordeaux. I was so happy that day! To stimulate interest, Salin had pulled out all the stops. 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). Once again, the 1982 Lafite is at its peak (i.e. Asia House The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. A 200-year-old bottle of 1811 Chateau dYquem was sold by The Antique Wine Company in London, to a private collector who now displays the wine in his restaurant in Bali in a bullet-proof, temperature-controlled showcase.
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. Chteau Lafite-Rothschild 1986. 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.. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. 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. 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. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. 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). Could there be a changing of the guard among Bordeaux's top producers? Salin had also created a special label for the 2008 vintage. Some estates overcropped as the yield was generous, but dilution was rare. Soon after, it was available in the United States at $300 (now $600). This vintage could well go down in history as the most expensive bottle of wine never sold. Let us guide you through the process behind investing in fine wine. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. It is considered by some to be the best wine to come out of Bordeaux. At the time the sale set a record for the most expensive bottle of wine ever sold at auction, clocking up a whopping $29,000 per glass! Rapper, entrepreneur and innovator LaRussell takes us on a journey from his childhood in the Bay Area making music, to his viral freestyles that lead to an appearance on The Breakfast Club, to his current mission of reimagining the music industry from his own garage. Learn More >, It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices.
Grand Tasting of 1982 - Fine Wines SG 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. This term has been used in the past with disastrous results. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. [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]. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. 6 bottles per lot. Should go on for decades." If youre looking for a special bottle of wine to splurge on, Lafite is a great option. 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. Limited availability. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . The move helped establish Lafite as a leader in 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 Chateau Lafite-Rothschild, 1787 109,300. Nevertheless, Chateau Lafite is still one of the most popular wines in the world, and its high price tag is reflective of its quality and prestige.
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. If you disable this cookie, we will not be able to save your preferences. Long-term drinking is supported by both the short and long-term use of mixed formats. 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. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Discover what else your investment offers. It was predicted to earn about $666 a bottle, assuming there were buyers. The debonair Baron Eric is serious about his wines. In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. 12 bottles per lot. GB 129 9514 84 | AWRS No. The Lucky Country has had a rough few years, but change is in the air. Lafite only produces a few thousand cases of wine each year, which drives up the price. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Should go on for decades. Price. 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. 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. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. So, now you know why the '82 Lafite is so expensive, right? This lengthy aging process adds to the cost of the wine. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. 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 mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Nov 22, 2010. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. Estimate: 3,0004,000. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. ! The Drop is an online magazine that connects people to wines theyll love. When young, it is really difficult to understand despite being more . Critic tasting note: "(2002) Similar colour, but has retained more depth at core. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. And Salin had another plan in motion. Please sign in or create a free account to . Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. 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. Why is lafite so expensive? 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. Bordeaux are known for their age-ability.
Rothschild, however, died just three months after purchasing Lafite. (2002) Similar colour, but has retained more depth at core. 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. There have been many notable events at the estate over the last century. Retail Wines Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. 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. 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 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. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. 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. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. 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. Rather more closed on the nose. Subscribe to our magazine to stay in the know. It was rated second class after being classified as Deuxime Grand Cru in 1855. Copyright 2023 Cult Wines Ltd. All Rights Reserved. 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. What is the Difference Between Wine and Cocktails? Vintages at Chteau Mouton Rothschild are known for their distinct labels. It has a fruity taste with a hint of oak. Wine has a proven track record of returns and resilience in an unstable market.
1982 Chateau Lafite Rothschild Brings $41,175 To Lead Heritage Auctions 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. This is not a bad thing, but it is slightly different. 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.
1982 Lafite-Rothschild, Pauillac (1.5L) - SKU 998155 - K&L Wines drinkable). Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. 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. We use cookies to ensure that we give you the best experience on our website. A bottle of 1869 Lafite had an estimated price of $8,000. It was predicted to earn about $666 a bottle, assuming there were buyers. Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. Chteau Lafite Rothschild has a rich and fascinating history. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. More shipping infoShipping info, Please allow 20 days for delivery in US. 6 bottles per lot. Looking at the wine retail shelves raises one question: where's the Bordeaux? Posted in: The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. The Anglocentric language of wine is increasingly exclusive to the wider wine world. An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this week selling for $41,650. 2023 Union Press Ltd | Wigglesworth House, Fourth Floor, 69 Southwark Bridge Road, London, SE1 9HH, UK Tel: +44 (0)20 7803 2420 The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. We are using cookies to give you the best experience on our website. [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. Unfinished and not yet bottled. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. Great length and probably a few years off its peak.
1982 Chateau Lafite Rothschild - Wine-Searcher 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. A look at the Bordeaux vintage that retailers are backing as the best in years. [18], In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. We've finally reached the summit of our search for the world's most popular wines. There are a few factors that contribute to the high cost of Lafite wine. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. 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 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 . Price. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. World Class Wine. 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. For completeness we may include critic scores in our aggregation that we do not display. 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. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild.
1982 Chateau Lafite Rothschild - Wine-Searcher When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. If you continue to use this site we will assume that you are happy with it. Just as the 1990 Cheval Blanc is outrageously expensive, driven by Middle Eastern oil tycoons (NB: the current price is 7,032, higher than the '82), so is the price of Romane-Conti in Burgundy, France, at the very top of the pyramid, not only because of the tiny production of around 3,600-6,000 bottles (NB: Lafite's production is around 200,000 bottles) but also, it is said, because in the 1980s speculation by the Japanese when their economy took off. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. 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. 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.
A New Era Begins at Chteau Lafite as Baron de Rothschild Hands 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. Theres a world of difference between carefully-preserved decades-old vintages and two-for-a-tenner bottles of plonk on sale in the supermarket, not least the price tags. In this week's episode, we hear how LaRussell first started gaining traction in his hometown of Vallejo, how he landed appearances on some of the premiere hip-hop radio shows, and why he's turned down offers from every major label in pursuit of building an independent empire. Four different kinds of cryptocurrencies you should know. A single night in Hong Kong in 2010 proved a turning point in the history of wine. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. 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. The 1982 vintage for Bordeaux was and still is considered one of the great vintages.
Lafite 1982 Leads $820,000 Christie's Online Wine Auction 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. 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. The vintages are well-known and highly regarded by wine experts.
Trinken/lagern +40 Jahre. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. No. 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. Since then, the overall Chinese wine market has become globally significant.
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.