[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. [15] On 29 October 2010 the record was broken at a Sotheby's auction in Hong Kong three bottles of 1869 Chateau Lafite-Rothschild were sold for HK$1.8M (US$232,692) each.[16]. We use cookies to ensure that we give you the best experience on our website. [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. More shipping infoShipping info, Guaranteed provenance Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. articles a month for anyone to read, even non-subscribers! 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. Direct from the producer, in-stock and available for sale at the price shown. Rather more closed on the nose. 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. It . A bottle of Lafite Rothschild costs around $500. Drinks Business Asia edition? Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. [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. The price of other Bordeaux wines rose as well. Phone: +254 727 612 142. 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. 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. This vintage could well go down in history as the most expensive bottle of wine never sold. Why is Lafite so expensive? A look at the Bordeaux vintage that retailers are backing as the best in years. Once again, the 1982 Lafite is at its peak (i.e. 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. [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. The significant role played by bitcoin for businesses! This term has been used in the past with disastrous results. Chateau Lafite Rothschild, 1869 163,000. 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. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. They're wrong. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Unfinished and not yet bottled. The chteaux take these reactions into account when they come up with the wines release price. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. 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! Not only was the wine famous, it was also a First Growth chateaux. 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). Estimate: 3,000-4,000. It has a fruity taste with a hint of oak. (Some up north on the left bank are even mentioning 2015). In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. Why has it managed to have such a high popularity in the country? Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. From Barolo to Bordeaux, these wines are steeped in tradition. It was exceedingly wet the first half of the year and bone dry for much of the second half. Amongst these Pauillac wines, Lafite has always held a particular allure. Manage Cookies Accept & Continue. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. 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. It's not just an asset, it's an experience. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. 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. Estimate: 11,00014,000. Registered in England and Wales No. 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. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. Although your wine cellar might be valuable, sharing bottles with friends is priceless. The Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. 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. Lafite was officially ranked first in the list of the 1855 Classification of the Bordeaux Grands Crus Classs prepared for the Universal Exhibition in Paris in the same year. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. 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. Trinken/lagern +40 Jahre. Chteau Lafite-Rothschild 1986. Why is Lafite so expensive? Chateau Lafite-Rothschild, 1787 109,300. 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. 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. 06350591 | VAT No. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. (AG) (3/2014) Good full, deep red. No. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 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. 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. Learn More >, The Drop is an online magazine that connects people to wines theyll love. 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. 2 magnums per lot. Why is lafite so expensive? 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. 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! Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines. 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. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. And Salin had another plan in motion. Let us guide you through the process behind investing in fine wine. Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). ). 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. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. Past performance is not indicative of future results. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Soon after, it was available in the United States at $300 (now $600). In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. 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. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. First, the wine is produced in very limited quantities. Discover what else your investment offers. Please sign in or create a free account to . As a result, the appeal of this Pauillac wine has always been based on Lafite. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Lafite lies at the northern end of Pauillac. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. 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. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. GB 129 9514 84 | AWRS No. I was so happy that day! Flight 4 d'Yquem 1975. . This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. The style of wines proved a terrific shot in the arm for claret, especially on the US market. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. There is no doubt that this is one of the best Bordeaux wines ever made. 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. Our story, setting a new standard for fine wine investment. The estate then became the joint property of his three sons: Alphonse, Gustave and Edmond Rothschild. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. Asia House 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. 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 has a rich and fascinating history. All of these factors combine to make Lafite wine one of the most expensive wines on the market. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The harvest began early, on 16 September. Rothschild, however, died just three months after purchasing Lafite. Because of the magic of Bordeaux, it takes a while to develop the complex secondary and tertiary characteristics of cedar, leather, and tobacco. Bordeaux are known for their age-ability. This lengthy aging process adds to the cost of the wine. Will there be any dramatic changes at the heart of the wine world? 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. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. Chteau Lafite in Bordeaux. So, what makes Lafite wine so expensive? Photo courtesy of DBR Lafite. This is not a bad thing, but it is slightly different. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. [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. 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. [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. Go to shop. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. In this week's episode, we hear how LaRussell first started gaining traction in his hometown of Vallejo, how he landed appearances on some of the premiere hip-hop radio shows, and why he's turned down offers from every major label in pursuit of building an independent empire. 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. Bottled and stored with producer, excludes shipping and tariffs. Since then, it has been a consistent producer of one of the world's most expensive red wines. 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. 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. The only known bottle in the Imperial format was expected to sell for between US$150,000-$200,000, but smashed its estimates to sell for $304,375 (192,000). First, the wine is produced in very limited quantities. 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. Chateau Lafite tastes like a fine wine should taste. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva.
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