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Four good reasons to indulge in cryptocurrency! She is the youngest woman leading a Premier Grand Cru Bordeaux estate. As a result, the appeal of this Pauillac wine has always been based on Lafite. It looks like a hill, and Lafite is located on the slope of a hill. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? A single night in Hong Kong in 2010 proved a turning point in the history of wine. Direct from the producer, in-stock and available for sale at the price shown. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. The estate then became the joint property of his three sons: Alphonse, Gustave and Edmond Rothschild. 6 bottles per lot. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. 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. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. 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. So, now you know why the '82 Lafite is so expensive, right? Is Chateau Lafite an expensive wine? Since then, the overall Chinese wine market has become globally significant. The wines are then released to wholesalers, who get it at a lower price than everybody else. But Salin had something up his sleeve that he hoped would give the auction a boost. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. [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]. When we discussed the 08, I said, Why dont we do that? Salin recalls. Looking at the wine retail shelves raises one question: where's the Bordeaux? 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? Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. During the ageing period, the wine would have been regularly racked and then fined before bottling. 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. He claims that the 10s brought a new energy to structure. For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. So, what makes Lafite wine so expensive? Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. And Salin had another plan in motion. CA: Los Angeles. Let us guide you through the process behind investing in fine wine. The night had turned into a bidding frenzy, with price after price shattered. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. Copyright 2023 Cult Wines Ltd. All Rights Reserved. Please sign in or create a free account to . It is considered by some to be the best wine to come out of Bordeaux. It's not just an asset, it's an experience. To stimulate interest, Salin had pulled out all the stops. Why is Petrus so expensive apart from the common logic of supply and demand? 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. Secondly, despite its previous reputation, Lafite was not very consistent into the last century, due to Phylloxerra, which swept across the continent, and the effects of the two world wars, and some of the good years were quite mediocre. 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. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. Go to shop. Why is the 82 Lafite so expensive? why is 1982 lafite so expensive. The wine is without a doubt one of the best Bordeaux wines to come out. 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. 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. Talk about opening with a bang! 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 [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. Most often asked questions related to bitcoin! And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. Price starts low and is sold to the highest bidder. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. 12 bottles per lot. Investing in wine could be your smartest investment yet. 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. It looks like you're in Asia, would you like to be redirected to the Although your wine cellar might be valuable, sharing bottles with friends is priceless. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. If youre looking for a special bottle of wine to splurge on, Lafite is a great option. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . For me, the magic of Bordeaux requires patience, the wines need time to evolve their complex secondary and tertiary characteristics of cedar, leather and tobacco. [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. Four different kinds of cryptocurrencies you should know. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Find out more about the people who make it work. 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Hotlines/WhatsApp. Great length and probably a few years off its peak. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. More shipping infoShipping info, Please allow 20 days for delivery in US. 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. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. 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. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Simply put it, it's just so good! Winemaking practices have changed little at Lafite. Manage Cookies Accept & Continue. Why is Lafite so expensive? Posted in: The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. Why is Lafite so expensive? The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. The wines are then released to wholesalers, who get it at a lower price than everybody else. The purity of fruit here really pushes through to the finish. The move helped establish Lafite as a leader in the market. Brand 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) Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973).