Estimate: 11,00014,000. The purity of fruit here really pushes through to the finish. This week's news roundup covers all the major themes romance, money and crime. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. Wine Investment, Tagged: Good luck getting hold of a bottle, though, the vintage is available in maddeningly small quantities. But Salin had something up his sleeve that he hoped would give the auction a boost. The Lucky Country has had a rough few years, but change is in the air. 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! More shipping infoShipping info. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. And Salin had another plan in motion. It looks like a hill, and Lafite is located on the slope of a hill. Chteau Only twelve copies of this doll were made by Mattel. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . 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. ! And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . The winning bid was by far the highest price ever paid for a single bottle of wine. Chateau Margaux, 2009 - 122,380. Lafite only produces a few thousand cases of wine each year, which drives . . Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. [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. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. Chteau Lafite-Rothschild 2005. Looking at the wine retail shelves raises one question: where's the Bordeaux? More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . Drinks Business Asia edition? The debonair Baron Eric is serious about his wines. But what happened that night wasnt just a coup for Lafite. 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. Chteau Lafite-Rothschild 2005. It has a fruity taste with a hint of oak. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. It was predicted to earn about $666 a bottle, assuming there were buyers. The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. Should go on for decades." In 1994, Bordeaux was experiencing a sluggish sales period, so chteaux were raiding cellar reserves and selling previous vintages cheaply. The chteaux take these reactions into account when they come up with the wines release price. Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. Yes, take me to the Asia edition This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. why is 1982 lafite so expensive. A bottle of 1869 Lafite had an estimated price of $8,000. In-stock and available for sale at the price shown. However, it should be difficult for you to buy a real bottle of 82 Lafite nowadays, as it is relatively rare and some wine merchants and collectors do not offer it easily, so we can only look at it from afar but not play with it. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. The price of other Bordeaux wines rose as well. In October 2019, the 2017 vintage of Long Dai its first went on sale in Europe. 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. Estimate: 3,0004,000. Photo courtesy of DBR Lafite. Musk Made a Mess at Twitter. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . The style of wines proved a terrific shot in the arm for claret, especially on the US market. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. There have been many notable events at the estate over the last century. . CA: Los Angeles. View our latest reports to see how the fine wine market is doing. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. Simply put it, it's just so good! It is considered by some to be the best wine to come out of Bordeaux. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a quality classification in 1855. [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. Returns are calculated in GBP and results may vary depending on exchange rates. 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. When we discussed the 08, I said, Why dont we do that? Salin recalls. 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! A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. 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. Take a wild guess. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. 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. [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. Wine has a proven track record of returns and resilience in an unstable market. They're wrong. Sold in 2011 at a Christies sale in New York, this Petrus vintage was expected to sell for between US$50,000 and $90,000, but the hammer went down on a considerably higher sum of $144,000 (100,800), setting a record for the most expensive Petrus ever sold at auction. 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. 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 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. 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. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. Our story, setting a new standard for fine wine investment. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. What we do is different. Users have rated this wine 4.5 out of 5 stars. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. 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. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. - 94/100, Tom Cannavan, Standard delivery next day 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). 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. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. There is no doubt that this is one of the best Bordeaux wines ever made. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. Each spring after harvest, an event called En Primeur takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. 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. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. 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. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. This term has been used in the past with disastrous results. Years of use usually result in bottles costing several hundred dollars, and prices rise as they become scarcer. When we discussed the 08, I said, Why dont we do that? Salin recalls. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The Anglocentric language of wine is increasingly exclusive to the wider wine world. 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 grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). Trinken/lagern +40 Jahre. Subscribe to our magazine to stay in the know. 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. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Check with the merchant for stock availability. It was exceedingly wet the first half of the year and bone dry for much of the second half. 2 magnums per lot. The night had turned into a bidding frenzy, with price after price shattered. The bottle of 1869 with an estimated price of $8,000? 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. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. 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. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. Then it indirectly helped to advertise Lafite '82. It may be early in the marathon that is Bordeaux En Primeurthe worlds biggest weeklong barrel-tasting eventbut its not too soon to say that 2016 is a great vintage overall. Rather more closed on the nose. First, the wine is produced in very limited quantities. - Dusseldorf - Germany. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. 2022 Distillery.Sale All rights reserved. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. Will His AI Plans Be Any Different? In terms of red Bordeaux, or claret as it is also referred to by the British, there are no greater wines than the five chteaux referred to as the first growths: Chteau Lafite-Rothschild, Chteau Latour, Chteau Margaux, Chteau Haut-Brion and Chteau Mouton Rothschild. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. drinkable). This means that every time you visit this website you will need to enable or disable cookies again. A bottle of Lafite Rothschild costs around $500. 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. The vineyard is one of the largest in the Mdoc at 107 hectares, and produces around 35,000 cases annually, of which between 15,000 and 25,000 are first growth. ). French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. Photo courtesy of DBR Lafite. Second, the grapes used to make Lafite wine are of the highest quality. In China the name Lafite has the most extraordinary and unexpected resonance. First, the wine is produced in very limited quantities. Price. 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. 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. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? Critic tasting note: "(2002) Similar colour, but has retained more depth at core. Wine Lists. 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. The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. The 1982 Chteau Lafite-Rothschild, from magnum, is a bit rough around the edges, but still striking in its beauty. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. articles a month for anyone to read, even non-subscribers! 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. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. Direct from the producer, in-stock and available for sale at the price shown. 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. 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. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. 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. No. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. But Salin had something up his sleeve that he hoped would give the auction a boost. Asia House In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. Although it eventually cooled after reaching. 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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. There are a few factors that contribute to the high cost of Lafite wine. 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. 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? Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. If you disable this cookie, we will not be able to save your preferences. to put under the hammer. World Class Wine. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. Why is Petrus so expensive apart from the common logic of supply and demand? Lafite was one of five wine-producing chateaus of Bordeaux originally awarded First Growth status in the 1855 Classification. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Chteau Lafite-Rothschild 2000. They are deeply-coloured and have intense fruity aromas. The 2017 vintage is a major success for the dry white wines of Bordeaux, which are clearly superior to 2015 and 2016. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. Lafite in particular has maintained a youthful character, developing harmony as it ages. The Drop is an online magazine that connects people to wines theyll love. More shipping infoShipping info, Guaranteed provenance Let us guide you through the process behind investing in fine wine. Stored in bonded warehouse with duty and sales tax suspended. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. In 1982, Lafite became the representative of high-end wine in the eyes of most Chinese people because of the promotion of Hong Kong movies, and then became the representative of the entire wine community. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. 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. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. 6 bottles per lot. 12 bottles per lot. Lafite only produces a few thousand cases of wine each year, which drives up the price. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). He claims that the 10s brought a new energy to structure. It is considered by some to be the best wine to come out of Bordeaux. From an investment point of view, the price of a wine is also at its peak when it enters the world's top restaurants for people to enjoy. Unfinished and not yet bottled. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. [6], Following the French Revolution, the period known as Reign of Terror led to the execution of Nicolas Pierre de Pichard on 30 June 1794, bringing an end to the Sgur family's ownership of the estate which became public property. It's not just an asset, it's an experience. 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. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. 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. It looks like a hill, and Lafite is located on the slope of a hill. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. Most often asked questions related to bitcoin! Case of 1982 Lafite tops auction at $42k 12 May 2014 By Lauren Eads An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this. Once again, the 1982 Lafite is at its peak (i.e.
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