There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. 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. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. Trinken/lagern +40 Jahre. 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 Mixed formats support both near- and long-term drinking. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Four good reasons to indulge in cryptocurrency! On this, the first day of the auction, Ritchie had 2,000 bottles of. Check with the merchant for stock availability. The history of Chteau Lafite Rothschild is rich and fascinating. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. 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. Limited availability. A single night in Hong Kong in 2010 proved a turning point in the history of wine. The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. Estimate: 11,00014,000. Take a wild guess. A bottle of 1869 Lafite had an estimated price of $8,000. 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! The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. Third, Lafite ages its wine for a longer period of time than most other producers. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. The move helped establish Lafite as a leader in the market. The growing season was idyllic with both budburst and flowering occurring under perfect conditions. A look at the Bordeaux vintage that retailers are backing as the best in years. 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. 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) Chteau Lafite Rothschild is a French wine estate of Bordeaux wine, located in Pauillac in France, owned by members of the Rothschild family since the 19th century, and rated as a First Growth under the 1855 Bordeaux Classification. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. 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. But what happened that night wasn't just a coup for Lafite. 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. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. In-stock and available for sale at the price shown. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. But Salin had something up his sleeve that he hoped would give the auction a boost. 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. It was exceedingly wet the first half of the year and bone dry for much of the second half. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. But Salin had something up his sleeve that he hoped would give the auction a boost. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. 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. More shipping infoShipping info. Baron Philippe is the first and only person to accomplish this. 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. Not only was the wine famous, it was also a First Growth chateaux. Investing in wine could be your smartest investment yet. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. Returns are calculated in GBP and results may vary depending on exchange rates. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). 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. Could there be a changing of the guard among Bordeaux's top producers? 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. The Drop is an online magazine that connects people to wines theyll love. Amongst these Pauillac wines, Lafite has always held a particular allure. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 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. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. 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. Discover what else your investment offers. 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. Since then, the overall Chinese wine market has become globally significant. The 1982, considered one of the best vintages of last century . The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. It looks like a hill, and Lafite is located on the slope of a hill. - London - United Kingdom, Jacob K Javits Convention Center Four different kinds of cryptocurrencies you should know. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. 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. Estimate: 3,000-4,000. Wine investment insights delivered straight into your inbox weekly. 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. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. I was so happy that day! Vintages at Chteau Mouton Rothschild are known for their distinct labels. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. Yes, take me to the Asia edition - Dusseldorf - Germany. The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. The chteaux take these reactions into account when they come up with the wines release price. 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.. 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. Or youre an unabashed cork dork hunting for that Slovenian stunner you sipped on vacation. Each spring after harvest, an event called. 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. Why is Petrus so expensive apart from the common logic of supply and demand? $ 3,548.92. This term has been used in the past with disastrous results. It is deeply impressive. 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. Once again, the 1982 Lafite is at its peak (i.e. ! 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. Analysis of the reasons for this may be as follows. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. Chateau Lafite-Rothschild, 1787 109,300. It is considered by some to be the best wine to come out of Bordeaux. Our story, setting a new standard for fine wine investment. We are using cookies to give you the best experience on our website. It simply oozes class. It was not until 1983 that Charles Chevallier became Lafites deputy technical director; he later became technical manager of not only Lafite but the other properties - Rieussec, Duhart-Milon and Evangile that form part of the group. During the ageing period, the wine would have been regularly racked and then fined before bottling. Rather more closed on the nose. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. The estate then became the joint property of his three sons: Alphonse, Gustave and Edmond Rothschild. Retail Wines On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. The wines are then released to wholesalers, who get it at a lower price than everybody else. 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. In some cases, it will be different depending on the vintage character. 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. The Anglocentric language of wine is increasingly exclusive to the wider wine world. But what happened that night wasnt just a coup for Lafite. For completeness we may include critic scores in our aggregation that we do not display. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. [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. 12 bottles per lot. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. There are two seriously beautiful vintages on our hands, and theyre both fantastic. The vines are planted in well-drained soil made up of fine, deep gravel, mixed with aeolian sand on a subsoil of tertiary limestone. 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. All of these factors combine to make Lafite wine one of the most expensive wines on the market. 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. 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. 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. Although it eventually cooled after reaching. There is no doubt that this is one of the best Bordeaux wines ever made. In 1989, the bottle collided with a tray at a wine dinner in New York, and win merchant William Sokolin scooped $225,000 (157,200) from the insurance (although he had originally sought out a massive half a million). With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes. And it was our thank you to China for helping us through the years.. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. 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 . Chteau Lafite-Rothschild 2005. 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? If you continue to use this site we will assume that you are happy with it. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. Why is Lafite so expensive? There was also plenty of the 2008 vintage on offer, but its fate was less certain. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. 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. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. That is certainly the case with the 1982 Lafite. 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. 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Some of the world's most famous wines. Let us guide you through the process behind investing in fine wine. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. 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. 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. Maybe youre looking for the perfect prosecco to bring to a surprise party. Chteau Only twelve copies of this doll were made by Mattel. 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. Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. And Salin had another plan in motion. 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. More shipping info. Soon after, it was available in the United States at $300 (now $600). Sometimes small imperfections add complexity in a wine. Once again, the 1982 Lafite is at its peak (i.e. 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. 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. The 2011 in particular has immense aging potential. Chateau Lafite-Rothschild, 1787 . And it would be a public humiliation for one of the wine worlds premier chteaux. 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. In China the name Lafite has the most extraordinary and unexpected resonance. It . The acidity then rushes in at the very end, causing the wine to become longer. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. science as a broad body of knowledge,