Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). 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. The winning bid was by far the highest price ever paid for a single bottle of wine. GB 129 9514 84 | AWRS No. [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. (2002) Similar colour, but has retained more depth at core. 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. In der Nase feines florales Bukett, nach Herzkirschen, zart nach Orangenzesten, Lakritze und Brombeeren klingen an, floral nach Lilien, ein Hauch von Zedernholz, Steinpilzen und Schokolade. The 10 most expensive wines | Cult Wines - wineinvestment.com 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. Why is Lafite so expensive in 1982 - iMedia The price of other Bordeaux wines rose as well. 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. A look at the Bordeaux vintage that retailers are backing as the best in years. Find out more about the people who make it work. Why is Lafite so expensive? - AnswersAll Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. 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. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. In fact, at the beginning, 82 Lafite was a line of a movie, and then gradually evolved into an expression bag. drinkable). I have been fortunate to taste Lafite on many occasions. Estimate: 3,0004,000. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. The Lucky Country has had a rough few years, but change is in the air. Bordeaux are known for their age-ability. Although it eventually cooled after reaching. Registered in England and Wales No. 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. Estimate: 11,00014,000. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. articles a month for anyone to read, even non-subscribers! There are a few factors that contribute to the high cost of Lafite wine. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Asia House 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. Simply put it, it's just so good! Sold in 2004, this is regarded as one of the most expensive American wines ever sold. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. 1982 Chateau Lafite Rothschild - Wine-Searcher 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 . Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. 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. If youre looking for a special bottle of wine to splurge on, Lafite is a great option. Why is Lafite so expensive? The Most Expensive Bottle of Wine in the World (For Now) Check with the merchant for stock availability. How Chteau Lafite Changed the World of Wine - Pix 03606414. 6 bottles per lot. That is certainly the case with the 1982 Lafite. We are using cookies to give you the best experience on our website. Posted in: 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. Chateau Margaux, 2009 - 122,380. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Drinks Business Asia edition? The growing season follows a similar pattern to 2016, 2018 and 2019, in that we had a wet spring followed by a dry, hot summer, topped off by a warm, dry harvest. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? Take a wild guess. This is not a bad thing, but it is slightly different. Chateau Lafite tastes like a fine wine should taste. Subscribe to our magazine to stay in the know. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. Amongst these Pauillac wines, Lafite has always held a particular allure. You can find out more about which cookies we are using or switch them off in settings. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . Chteau Lafite Rothschild has a rich and fascinating history. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. The 1982, considered one of the best vintages of last century . 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. Grand Tasting of 1982 - Fine Wines SG 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. The harvest began early, on 16 September. It looks like you're in Asia, would you like to be redirected to the 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. 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. 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. Hotlines/WhatsApp. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. China and Bordeaux Wine, The Complete Story, Current Situation Today 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. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. A bottle of Lafite Rothschild costs around $500. 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Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. The tannins are well balanced and the finish is smooth. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. Wine Investment, Tagged: The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. It looks like a hill, and Lafite is located on the slope of a hill. 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. It was a vintage that many experts at the time were down on: a vintage that was seen as fruity, seductive, over-ripe and youthful before it was even bottled, but without enough tannins to support it and make it difficult for it to develop in the bottle, lacking the makings of a great wine. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. With a surprisingly clever search engine alongside bottle reviews and articles from trusted voices in wine, youre just a click and a clink away from your new favorite bottle. 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). 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. Returns are calculated in GBP and results may vary depending on exchange rates. ! The wines are then released to wholesalers, who get it at a lower price than everybody else. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. When we discussed the 08, I said, Why dont we do that? Salin recalls. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. 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. Price. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Lafite only produces a few thousand cases of wine each year, which drives up the price. Lafite in particular has maintained a youthful character, developing harmony as it ages. 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. 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. . Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. And Salin had another plan in motion. Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. 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. 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. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. 1982 Lafite Rothschild Bordeaux Red - Sokolin LLC The acidity then rushes in at the very end, causing the wine to become longer. Is it familiar? Lafite only produces a few thousand cases of wine each year, which drives . 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.