More shipping info. 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. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. The night had turned into a bidding frenzy, with price after price shattered. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. Why is the 82 Lafite so expensive? Because saliva builds up in the mouth all day, it can alter the taste of wine. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. {"api":{"host":"https:\/\/pinot.decanter.com","authorization":"Bearer OWFmMzIzM2EwYWNjNWE2ZTlmOTI3YjBhMDRmYzIzYzI0NGEyMTQ3YmFjYWY4Y2EzOWI3MDg5MTU4NmQyMDNiNA","version":"2.0"},"piano":{"sandbox":"false","aid":"6qv8OniKQO","rid":"RJXC8OC","offerId":"OFPHMJWYB8UK","offerTemplateId":"OFPHMJWYB8UK","wcTemplateId":"OTOW5EUWVZ4B"}}, {"location":"Keystone Header","subscribeText":"Subscribe Now","version":"2","menuWidgetTitle":"","myAccountLnk":"\/wine-reviews\/account","premiumLnk":"\/subscribe","menuLnks":{"2":{"text":"My Wines","href":"\/wine-reviews\/my-wines"}},"colors":{"text":"#ffffff","button":"#decc8f","link":"#ffffff"}}, Bordeaux agrees funding to pull up vineyards, Grapevines first domesticated 11,000 years ago, says study, Chile wildfires: damage to wine country as officials pledge help, September releases 2022: full score table, Subscribe to Decanter and get the latest wine legends every month. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . Our story, setting a new standard for fine wine investment. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Copyright 2023 Cult Wines Ltd. All Rights Reserved. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Past performance is not indicative of future results. The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. A bottle of Lafite Rothschild costs around $500. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. Photo courtesy of DBR Lafite. XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. 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). It looks like a hill, and Lafite is located on the slope of a hill. Nevertheless, Chateau Lafite is still one of the most popular wines in the world, and its high price tag is reflective of its quality and prestige. $ 3,548.92. It is deeply impressive. Mr. Liu put the price of a bottle of 1982 Lafite at about 60,000 yuan or $9,500 (taxes tend to make wine more expensive in China than in other markets) -- and he clearly expected Maotai to. Producer. [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. Such criticisms have largely proved unfounded, and the top 1982s are still going strong, establishing the vintage as the most celebrated of the last 50 years. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. Investing in wine could be your smartest investment yet. Go to shop. First, the wine is produced in very limited quantities. The remaining vintage years of the 21st century have all otherwise been reasonable quality, although the 2013, 2010 and 2005 stand out above the rest. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. 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. 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. Critics have scored this wine 95 points. But what happened that night wasnt just a coup for Lafite. [20] 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. Why is Petrus so expensive apart from the common logic of supply and demand? Since then, it has been a consistent producer of one of the world's most expensive red wines. Chteau Lafite-Rothschild 2000. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. 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. Long-term drinking is supported by both the short and long-term use of mixed formats. There was also plenty of the 2008 vintage on offer, but its fate was less certain. This means that every time you visit this website you will need to enable or disable cookies again. Great length and probably a few years off its peak. In terms of red Bordeaux, the wines of Pauillac are classic versions characterised with intense blackcurrant flavours and aromas that develop into pencil lead, cedar and cigar box with age. 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. [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. The winning bid was by far the highest price ever paid for a single bottle of wine. Baron Philippe is the first and only person to accomplish this. Lafite lies at the northern end of Pauillac. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. We've finally reached the summit of our search for the world's most popular wines. Nov 22, 2010. 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. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? 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. 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. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. It was predicted to earn about $666 a bottle, assuming there were buyers. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Wine Investment, Tagged: Photo courtesy of DBR Lafite. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. Estimate: 3,000-4,000. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. It looks like a hill, and Lafite is located on the slope of a hill. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. 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. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. The tannins are well balanced and the finish is smooth. When we discussed the 08, I said, Why dont we do that? Salin recalls. Found to be the most expensive wine in the world on the market currently, Henri Jayers Richebourg Cru taking top spot has surprised oenophiles everywhere, with many assuming a Romanee-Conti would take poll position. Then it indirectly helped to advertise Lafite '82. 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. 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. But Salin had something up his sleeve that he hoped would give the auction a boost. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. 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. drinkable). 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. 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 When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Good luck getting hold of a bottle, though, the vintage is available in maddeningly small quantities. It was exceedingly wet the first half of the year and bone dry for much of the second half. This vintage could well go down in history as the most expensive bottle of wine never sold. Since then, the overall Chinese wine market has become globally significant. 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. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. 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. Why is lafite so expensive? 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. 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. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. 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. Direct from the producer, in-stock and available for sale at the price shown. First, the wine is produced in very limited quantities. But what happened that night wasn't just a coup for Lafite. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . 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. 6 bottles per lot. 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. - London - United Kingdom, Jacob K Javits Convention Center And it would be a public humiliation for one of the wine worlds premier chteaux. Lafite only produces a few thousand cases of wine each year, which drives up the price. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. 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) 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. In Bordeaux, 2016 was a strange year. 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. Check with the merchant for stock availability. The recent story about the world's most Googled beer doesn't appear to add up. As our search for the world's most popular wines nears its end, we visit one of the great regions. There are a few factors that contribute to the high cost of Lafite wine. 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. 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. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. Critic tasting note: "(2002) Similar colour, but has retained more depth at core. Should go on for decades. We have well known master distiller in Canada and the USA, also installation team in North America, and our own researching department and factory, which assure that we can provide high quality distillation equipment for our customers. It's not just an asset, it's an experience. [2] In the 17th century, the property of Chteau Lafite was purchased by the Sgur family, including the 16th century manor house that still stands. Chteau Lafite Rothschild has a rich and fascinating history. Yes, take me to the Asia edition In China, they wanted to drink Lafite with Sprite. Salin remembers. French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. Bottled and stored with producer, excludes shipping and tariffs. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. More shipping infoShipping info. 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. Second, the grapes used to make Lafite wine are of the highest quality. Join one of our online webinars to hear from experts on the market. Rather more closed on the nose. 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. Today, Lafites 112-hectare vineyard consists of three main areas: the slopes around the Chteau, the adjacent Carruades plateau to the west and a 4.5 hectare plot in the neighbouring commune of Saint Estphe, which historically has been allowed into Lafite and thus the Pauillac appellation. Analysis of the reasons for this may be as follows. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Chateau Lafite Rothschild, 1869 163,000. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. ! Returns are calculated in GBP and results may vary depending on exchange rates. drinkable). In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. Rather more closed on the nose. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The acidity then rushes in at the very end, causing the wine to become longer. There is no doubt that this is one of the best Bordeaux wines ever made. It is considered by some to be the best wine to come out of Bordeaux. The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. So, now you know why the '82 Lafite is so expensive, right? The history of Chteau Lafite Rothschild is rich and fascinating. The vintages are well-known and highly regarded by wine experts. 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. It was predicted to earn about $666 a bottle, assuming there were buyers. [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. Price. 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. - Dusseldorf - Germany. 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. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Unfinished and not yet bottled. I was blessed to have drunk quite a number of Petrus vintages. Since then, Parker's reputation has grown, his following has grown, and his influence has grown. Sometimes small imperfections add complexity in a wine. The purity of fruit here really pushes through to the finish. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Lafite in particular has maintained a youthful character, developing harmony as it ages. We use cookies to ensure that we give you the best experience on our website. Asia House When young, it is really difficult to understand despite being more . If you continue to use this site we will assume that you are happy with it. 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. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. 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. The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. Bordeaux are known for their age-ability. 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. Vintages at Chteau Mouton Rothschild are known for their distinct labels. 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. World Class Wine. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. Amongst these Pauillac wines, Lafite has always held a particular allure. It is considered by some to be the best wine to come out of Bordeaux. Simply put it, it's just so good! A single night in Hong Kong in 2010 proved a turning point in the history of 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. 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. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Sold in 2004, this is regarded as one of the most expensive American wines ever sold. 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. Products range from still equipment, brew equipment craft home microbrewery beer brewery brewing beer equipment fermenter beer pilot brewing system, Micro Brewery equipment Two Vessels Brewhouse, 50L/100L Mini Alcohol Distiller Column Distillation Machine, Isobaric craft beer conical fermentation tank, jacket craft beer conical fermenter equipment, Variable Red Fruit Wine Fermentation Tank capacity Stainless Steel wine tank, Stainless steel wine fermenter and storage tank for winery and beverage factory, Distillery machine brewing vodka gin Rum Whisky Brandy liquor, 1000l copper still brandy distilling equipment. Discover how your secure fine wine investment is stored. Retail Wines The next morning, the price of the 2008 Lafite jumped 20% on the key London markets. Talk about opening with a bang! A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. Ritchie took his place and the bidding began. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. 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? Learn More >, The Drop is an online magazine that connects people to wines theyll love. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. To stimulate interest, Salin had pulled out all the stops. A bottle of 1869 Chteau Lafite Rothschild holds the world record for the most expensive bottle of wine sold at auction for $233,973 in 2010. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. It looks like you're in Asia, would you like to be redirected to the The Pauillac appellation is where the other First Growths Chteau Latour and Chteau Mouton Rothschild are located. What we do is different. 2010 saw a return to form. Estimate: 3,0004,000. 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. Chateau Lafite-Rothschild, 1787 . 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. 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. Find out more about the people who make it work. 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. They're wrong. Balancing Leisure and Learning: A Students Guide to Watching TV and Sipping Wine, Unforgettable Weddings In The Napa Valley: Celebrating Love In A Vineyard, Experience History And Award-Winning Wines At Renault Winery In Egg Harbor City NJ, Uncovering The History Of Ovid Winery: From Founding Winemaker Mark Herold To The Herold Family Today, Exploring The Winery And Beyond: A Quick 4-Mile Drive From Andaz Napa To The Francis Ford Coppola Winery, Experience The Best Of Napa Valley At Newton Winery, Exploring The Perfect Pairing: White Wine And Roasted Duck, Enjoying White Wine Responsibly: Understanding Calories And Nutritional Value. So, what makes Lafite wine so expensive? Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. Once again, the 1982 Lafite is at its peak (i.e. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. The harvest began early, on 16 September. to put under the hammer. I was so happy that day! Please sign in or create a free account to . The chteaux take these reactions into account when they come up with the wines release price. 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! Many people do not know why Lafite '82 is expensive, now I will tell you. Chateau Margaux, 2009 - 122,380. It . It is undoubtedly one of the very best wines to come out of Bordeaux. 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. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. Soon after, it was available in the United States at $300 (now $600).