A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. 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 Why is Lafite so expensive? - AnswersAll Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. The history of Chteau Lafite Rothschild is rich and fascinating. 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. Nov 22, 2010. Discover our range of fine wines from around the world. As a result, the appeal of this Pauillac wine has always been based on Lafite. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. [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. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Great length and probably a few years off its peak. If you disable this cookie, we will not be able to save your preferences. Investing in wine could be your smartest investment yet. 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. 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. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. Retail Wines Salin had also created a special label for the 2008 vintage. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. What does "Lafite in 1982" mean?Where does this "stalk" come from and Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 12 bottles per lot. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. 2010 saw a return to form. [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. 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 The move helped establish Lafite as a leader in the market. 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. 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 core is plummy and rich, with notes of bramble and earth, but then a creamy layer of blackcurrant adds to a fleshy mid-palate. Wine Investment, Tagged: Christoph Salin. Check with the merchant for stock availability. Chteau Lafite Rothschild, located in Pauillac, France, is an estate of Bordeaux wine owned by members of the Rothschild family since the nineteenth century and classified as a First Growth under the 1855 Bordeaux Classification. Why is Lafite so expensive? - KnowledgeBurrow.com 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. 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! 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. Most often asked questions related to bitcoin! Once again, the 1982 Lafite is at its peak (i.e. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. When we discussed the 08, I said, Why dont we do that? Salin recalls. It is undoubtedly one of the very best wines to come out of Bordeaux. But selection for the grand vin was less stringent than it would become from 1985. Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. 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. [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. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . [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]. 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. In China the name Lafite has the most extraordinary and unexpected resonance. Understanding Price: Behind The World's Most Expensive 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. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. 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. 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. More shipping infoShipping info. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. There are a few factors that contribute to the high cost of Lafite wine. Limited availability. The fight between Chteau Mouton Rothschild and Bordeaux was one of the most significant in modern history. So, now you know why the '82 Lafite is so expensive, right? 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. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. If you continue to use this site we will assume that you are happy with it. 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 fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. This means that every time you visit this website you will need to enable or disable cookies again. Why collectors love Chteau Lafite Rothschild wine | Christie's Lafite in particular has maintained a youthful character, developing harmony as it ages. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. 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. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. 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. Stored in bonded warehouse with duty and sales tax suspended. Winemaking practices have changed little at Lafite. When young, it is really difficult to understand despite being more . If youre looking for a special bottle of wine to splurge on, Lafite is a great option. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. 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. 1982 Lafite Rothschild Bordeaux Red - Sokolin LLC And Salin had another plan in motion. The Pauillac appellation is where the other First Growths Chteau Latour and Chteau Mouton Rothschild are located. (Some up north on the left bank are even mentioning 2015). In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 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. A look at the Bordeaux vintage that retailers are backing as the best in years. 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. 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. Unfinished and not yet bottled. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Why is Petrus so expensive apart from the common logic of supply and demand? 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 blessed with a fantastic terroir near to the Gironde estuary in the northern part of Pauillac, close to the border with St-Estphe. 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 has a fruity taste with a hint of oak. This is not a bad thing, but it is slightly different. to put under the hammer. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. The Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. Since then, Parker's reputation has grown, his following has grown, and his influence has grown. Posted in: There was also plenty of the 2008 vintage on offer, but its fate was less certain. 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. Chateau Lafite-Rothschild, 1787 . answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. GB 129 9514 84 | AWRS No. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . 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. Then it indirectly helped to advertise Lafite '82. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. 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. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). 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. Estimate: 3,0004,000. World Class Wine. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. Long-term drinking is supported by both the short and long-term use of mixed formats. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. Wine Legend: Chteau Lafite-Rothschild 1982 - Decanter Lafite only produces a few thousand cases of wine each year, which drives up the price. The Drop is an online magazine that connects people to wines theyll love. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. Producer. Since then, the overall Chinese wine market has become globally significant. Estimate: 3,0004,000. 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).