The growing season was idyllic with both budburst and flowering occurring under perfect conditions. Direct from the producer, in-stock and available for sale at the price shown. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. It became the most expensive wine ever sold when the hammer went down at the final price of $233,972. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. CA: Los Angeles. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . Learn More >, The Drop is an online magazine that connects people to wines theyll love. Some of the world's most famous wines. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. You can find out more about which cookies we are using or switch them off in settings. The Most Expensive Bottle of Wine in the World (For Now) But Salin had something up his sleeve that he hoped would give the auction a boost. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. Generally speaking, Lafite takes about 25 years to blossom in a strong vintage; the 1999, from a less powerful year, is just starting to develop secondary nuances, the herbal and savory notes that . Flight 4 d'Yquem 1975. . 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. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. 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. {"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. Ritchie took his place and the bidding began. A bottle of 1869 Lafite had an estimated price of $8,000. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. The Chinese love affair with Lafite and the stature of the 1982 vintage has made this among the most sought-after if not the most sought-after wine in the country. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. Salin had also created a special label for the 2008 vintage. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. Maybe youre looking for the perfect prosecco to bring to a surprise party. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. 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! With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. The 1982 Chteau Lafite-Rothschild, from magnum, is a bit rough around the edges, but still striking in its beauty. 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. 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. 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. Phone: +254 727 612 142. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. What does "Lafite in 1982" mean?Where does this "stalk" come from and The Clockwork Building, 45 Beavor Lane, London W6 9AR, Reg Company No. The Pauillac appellation is where the other First Growths Chteau Latour and Chteau Mouton Rothschild are located. why is 1982 lafite so expensive - solcodepoint.com There was a lot at stake. It was predicted to earn about $666 a bottle, assuming there were buyers. No. The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. 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. So drinking a bottle of 1982 Lafite Rothschild meant you were enjoying the best wine made, and if you in turn gave a bottle as a gift . 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. . The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Since then, the overall Chinese wine market has become globally significant. How Chteau Lafite Changed the World of Wine - Pix Cask tastings revealed a vintage of almost Port-like richness and weight. Past performance is not indicative of future results. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. 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. 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 perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. 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 Chteau Lafite-Rothschild 1986. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . When young, it is really difficult to understand despite being more . It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. 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. They should be fine 2017 is potentially a very good vintage. Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. I was so happy that day! The 1982 vintage for Bordeaux was and still is considered one of the great vintages. Could there be a changing of the guard among Bordeaux's top producers? In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. Is it familiar? Winemaking practices have changed little at Lafite. 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. [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]. It simply oozes class. A second Chteau Lafite Rothschild vineyard was established in the Chinese province of Shandong, where 250,000 vine stocks from France are planted on 30 hectares. Our story, setting a new standard for fine wine investment. Rather more closed on the nose. Chateau Lafite is considered an expensive wine, but its price point varies depending on the vintage. 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. Manage Cookies Accept & Continue. Unfinished and not yet bottled. 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. 2010 saw a return to form. Chteau Lafite Rothschild - Wikipedia And it was our thank you to China for helping us through the years.. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 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. 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. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. Chateau Lafite-Rothschild, 1787 . The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. China's Vintage Alco Pop? Explaining Maotai's Price Spiral - WSJ Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. 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. 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. The Drop is an online magazine that connects people to wines theyll love. [1], Situated in the wine-producing village of Pauillac in the Mdoc region to the north-west of Bordeaux, the estate was the property of Gombaud de Lafite in 1234. drinkable). This is not a bad thing, but it is slightly different. The Anglocentric language of wine is increasingly exclusive to the wider wine world. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . Chteau Lafite-Rothschild 2000. 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. Musk Made a Mess at Twitter. 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. In-stock and available for sale at the price shown. The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. [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. Wine Legend: Chteau Lafite-Rothschild 1982 - Decanter This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. 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 tannins are well balanced and the finish is smooth. Amid China's Boom, Fake Wines Proliferate - The New York Times The wine is without a doubt one of the best Bordeaux wines to come out. [19], Across all vintages Lafite Rothschild is one of the most expensive wines in the world, with the average price per 750 ml bottle reaching $1175. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Photo courtesy of DBR Lafite. Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. The estate is now known as Rubicon, owned by Francis Ford Coppola, who allegedly keeps an empty bottle of this vintage on top of his fridge. 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. World's Most Expensive Wines - Forbes It is considered by some to be the best wine to come out of Bordeaux. 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. It looks like a hill, and Lafite is located on the slope of a hill. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. View our latest reports to see how the fine wine market is doing. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. This vintage could well go down in history as the most expensive bottle of wine never sold. GB 129 9514 84 | AWRS No. Why collectors love Chteau Lafite Rothschild wine | Christie's 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. 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. In China, they wanted to drink Lafite with Sprite. Salin remembers. A bottle of Lafite Rothschild costs around $500. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Why is Lafite so expensive? - KnowledgeBurrow.com Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Discover how your secure fine wine investment is stored. to put under the hammer. 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. 2022 Distillery.Sale All rights reserved. [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. 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. [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. But what happened that night wasn't just a coup for Lafite. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). First growth, or premier cru class, is the top tier of the Bordeaux classification, a list drawn up under the instruction of Napoleon III in 1855.