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. 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. Chateau Lafite Rothschild, 1869 163,000. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. But selection for the grand vin was less stringent than it would become from 1985. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. The general rule with all red meat is the leaner the meat, the lighter the wine this also applies to different cuts of beef or steak, although side dishes and sauces also have to be No longer confined to the realms of science fiction, AI is increasingly permeating all aspects of life. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. To recap what we all know to have been a great season, 1982 saw a dry and mild spring, allowing an excellent flowering followed by a dry and hot summer with regular small showers and fresher nights in August. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. 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. Chteau Lafite in Bordeaux. Given that wine is a beverage, of course, one bottle is rarely consumed and eventually becomes a scarce item, perhaps hidden away in the hands of a collector and labelled as a non-sale item. The harvest began early, on 16 September. [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. With the 2009, it turned out, the Chinese wanted to buy more of it than we had to sell, says Salin, who retired in 2018. ! Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. 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. 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. 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. Understanding Price: Behind The World's Most Expensive Wines Since then, the overall Chinese wine market has become globally significant. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. 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. Rather more closed on the nose. Years of use usually result in bottles costing several hundred dollars, and prices rise as they become scarcer. It was predicted to earn about $666 a bottle, assuming there were buyers. From Barolo to Bordeaux, these wines are steeped in tradition. Discover our range of fine wines from around the world. 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? 2010 saw a return to form. Second, the grapes used to make Lafite wine are of the highest quality. 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. Discover what else your investment offers. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. 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. BEVERLY HILLS A case of 1982 Chateau Lafite Rothschild Pauillac, one of three such cases with bottles in original tissue, realized $41,175 to top Heritage Auctions' $1.76 million Wine Signature Auction, which sold 100% by value and 100% by lot. 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. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. When we discussed the 08, I said, Why dont we do that? Salin recalls. World Class Wine. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. Simply put it, it's just so good! So, what makes Lafite wine so expensive? The tannins are well balanced and the finish is smooth. 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. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. The purity of fruit here really pushes through to the finish. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. Why is everything so expensive? A quick look at what 1982-level With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. It is considered by some to be the best wine to come out 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. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. 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. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. France: Paris [and Ile-de-France], Chateau Lafite Rothschild 1982 WL, [No Label], Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ELA, [Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1er Grand Cru Classe, Rouge, Pauillac, Chateau Lafite Rothschild 1982 Bouteille (75cl) ME ETLA, [Very Slightly Damaged Mid Shoulder], Chateau Lafite Rothschild 1982 MS, [Mid Shoulder], Chateau Lafite Rothschild 1982 TS SD, [Slightly Damaged Top Shoulder], Chateau Lafite Rothschild 1982 TS, [Top Shoulder], Chateau Lafite Rothschild 1982 THE EA, [Fairly Damaged Very Top Shoulder], Chateau Lafite Rothschild 1982 FD, [Fairly Damaged], Chateau Lafite Rothschild 1982 SD DC, [Slightly Damaged Damaged Capsule], Chateau Lafite Rothschild 1982 BN SD, [Slightly Damaged Base of Neck], Chateau Lafite Rothschild 1982 SD, [Slightly Damaged], Chateau Lafite Rothschild 1982 BN, [Base of Neck], France: Aquitaine, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 5000 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 12 x 750 ml, Chateau Lafite Rothschild 1982 ETA CA, [Highly Damaged Damaged Capsule], Chateau Lafite Rothschild France Red Pauillac Bordeaux, 6 x 750 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 1500 ml, Chateau Lafite Rothschild France Red Pauillac Bordeaux, 3 x 750 ml. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. Manage Cookies Accept & Continue. Wine investment insights delivered straight into your inbox weekly. 2 magnums per lot. There was a lot at stake. 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. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. Chateau Lafite-Rothschild, 1787 . 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. The recent story about the world's most Googled beer doesn't appear to add up. [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. 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. After peaking in 2011, however, the price of some vintages halved in two years. A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. More shipping infoShipping info. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . Once again, the 1982 Lafite is at its peak (i.e. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. 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. Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. Chteau Lafite Rothschild has a rich and fascinating history. 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. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. 2022 Distillery.Sale All rights reserved. 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. Great length and probably a few years off its peak. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. When it went for $233,972, it became the most expensive wine ever sold. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). 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. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. 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! Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. China's Vintage Alco Pop? Explaining Maotai's Price Spiral - WSJ Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Four good reasons to indulge in cryptocurrency! Sometimes small imperfections add complexity in a wine. They're wrong. 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. 12 bottles per lot. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. But what happened that night wasnt just a coup for Lafite. 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) Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. No. Producer. A look at the Bordeaux vintage that retailers are backing as the best in years. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. What is the Difference Between Wine and Cocktails? 6 bottles per lot. 6 bottles per lot. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. Chteau Lafite-Rothschild 2000. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? Take a wild guess. 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. The chteaux take these reactions into account when they come up with the wines release price. 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! It is undoubtedly one of the very best wines to come out of Bordeaux. 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. Some of the world's most famous wines. The price of other Bordeaux wines rose as well. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Such resonance that Carruades de Lafite, the Bordeaux first growth's second wine and often a thin little thing, can command a higher price than super-second Ch Cos d'Estournel. why is 1982 lafite so expensive - solcodepoint.com Trinken/lagern +40 Jahre. Chateau Lafite tastes like a fine wine should taste. First, the wine is produced in very limited quantities. 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. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. 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. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Mobile: +254 798 368 561. Lafite is approachable in youth with a beautiful fragrant fruit character, however it will be fascinating to taste their younger vintages, such as 2009, 2010, 2015 and 2016 when they are fully matured. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. 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. 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. The purity of fruit here really pushes through to the finish. Although it is less than 1 million a bottle of Kande red wine, I can't bear to drink it when I buy it back. Chateau Lafite-Rothschild, 1787 109,300.
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