Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. 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. If you continue to use this site we will assume that you are happy with it. 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? 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. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . 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. What is the Difference Between Wine and Cocktails? Estimate: 11,00014,000. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. This term has been used in the past with disastrous results. 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. However, it should be difficult for you to buy a real bottle of 82 Lafite nowadays, as it is relatively rare and some wine merchants and collectors do not offer it easily, so we can only look at it from afar but not play with it. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. Fourth, Lafite is one of the most prestigious wine producers in the world. 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. Chteau Lafite-Rothschild 2005. 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. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. Each spring after harvest, an event called. Nov 22, 2010. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . 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! Long-term drinking is supported by both the short and long-term use of mixed formats. 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. In fact, at the beginning, 82 Lafite was a line of a movie, and then gradually evolved into an expression bag. Photo courtesy of DBR Lafite. 03606414. Why is chateau lafite rothschild so expensive? In some cases, it will be different depending on the vintage character. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Discover our range of fine wines from around the world. 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. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. In China the name Lafite has the most extraordinary and unexpected resonance. More shipping info. The wine is without a doubt one of the best Bordeaux wines to come out. To stimulate interest, Salin had pulled out all the stops. Why is Lafite so expensive in 1982 - iMedia Asia House As a result, the appeal of this Pauillac wine has always been based on Lafite. Therefore, a soil that is too fertile may not be what's best for a vineyard; an arid hillside may yield richer grapes than a green stretch of land by a river. 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. 6 bottles per lot. The wine producers were classified according to a chteau's reputation and trading price, which, at that time, was directly related to quality. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. Other full-bodied wines with robust structures will also age well, but we zeroed in on these nine as our top choices for the cellar treatment. 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. Hassle-free and easy, our plans and fees are simple and transparent. - London - United Kingdom, Jacob K Javits Convention Center 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. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. This would be a historic low, said the ministry 16% lower than the five-year average and worse than 1991, a vintage also hit hard by frost. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. The acidity then rushes in at the very end, causing the wine to become longer. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Well, youd hardly keep it under the stairs, would you? In-stock and available for sale at the price shown. So, now you know why the '82 Lafite is so expensive, right? Maybe youre looking for the perfect prosecco to bring to a surprise party. Users have rated this wine 4.5 out of 5 stars. Not only was the wine famous, it was also a First Growth chateaux. The chteaux take these reactions into account when they come up with the wines release price. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. 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. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. [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. 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. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. why is 1982 lafite so expensive. Four different kinds of cryptocurrencies you should know. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Critics have scored this wine 95 points. Why is the 82 Lafite so expensive? Although your wine cellar might be valuable, sharing bottles with friends is priceless. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. 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. 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. There are a few factors that contribute to the high cost of Lafite wine. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. It's not just an asset, it's an experience. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 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. 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. The Lucky Country has had a rough few years, but change is in the air. Our story, setting a new standard for fine wine investment. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. TOP 10 why is 1982 lafite so expensive BEST and NEWEST Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. (2002) Similar colour, but has retained more depth at core. This is not a bad thing, but it is slightly different. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. I was blessed to have drunk quite a number of Petrus vintages. 1982 Chateau Lafite Rothschild - Wine-Searcher There was a lot at stake. Producer. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. Four good reasons to indulge in cryptocurrency! Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. 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. Will there be any dramatic changes at the heart of the wine world? 1982 Chateau Lafite Rothschild - Wine-Searcher The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. The problem was that the Chinese had never bought much at En Primeur, Salin recalled recently. Am Gaumen komplex, dabei saftig und elegant, extraktse Frucht, prsente Tannine, etwas schwarzer Tee, leicht adstringent, hat den robusten Kern aller guten 82er, hat Tiefgang, dunkle Schokolade, aber auch Nuancen von roter Frucht im Abgang, sehr gute Lnge, ausgezeichnetes weiteres Reifepotenzial. China and Bordeaux Wine, The Complete Story, Current Situation Today It was rated second class after being classified as Deuxime Grand Cru in 1855. Lafite wine is among the most expensive wines in the world. The winning bid was by far the highest price ever paid for a single bottle of 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. Should go on for decades. 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. 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. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. I believe Lafites popularity, particularly in Asia can be partly attributed to these characteristics of approachability in youth, the finesse and elegance combined with significant ageing potential. They should be fine 2017 is potentially a very good vintage. Great length and probably a few years off its peak. 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. Salin had also created a special label for the 2008 vintage. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. 2010 saw a return to form. As the room filled up, Christoph Salin must have wondered if his bold strategy would pay off, because the stakes could not have been higher. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. We've finally reached the summit of our search for the world's most popular wines. Wine Investment, Tagged: The 1982 vintage for Bordeaux was and still is considered one of the great vintages. 6 bottles per lot. Finally, the legend of Lafite '82 is shared by those in the community: first a group of Hong Kong tycoons started drinking it, when it was considered a status symbol to drink Lafite, and choosing an '82 Lafite was a reflection of taste; then it became popular among a group of Wenzhou businessmen living in Europe to drink a wine called Lafite, and now it is the businessmen from Zhejiang, in addition to Wenzhou, who are starting to speculate on Lafite '82. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. Rather more closed on the nose. ! Limited availability. Sometimes small imperfections add complexity in a wine. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. All of these factors combine to make Lafite wine one of the most expensive wines on the market. 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. Chateau Margaux, 2009 - 122,380. 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. She is the youngest woman leading a Premier Grand Cru Bordeaux estate. Learn More >, The Drop is an online magazine that connects people to wines theyll love. 2 magnums per lot. Why is Lafite so expensive? These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Winemaking practices have changed little at Lafite. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. Chteau Lafite-Rothschild 1986. The growing season was idyllic with both budburst and flowering occurring under perfect conditions. Wholesalers' Online Wine Claims Don't Stand Up, Chile Seduces China and a Winemaker Romance, Some Comfort for Wine Ponzi Scheme Victims, Popularity relative to other wines, spirits and beers, Chateau Lafite Rothschild 'Carruades de Lafite', Chateau Lafite Rothschild Vertical Collection, Chateau Lafite Rothschild The Almanac Case, Chateau Lafite Rothschild 'Carruades de Lafite' The Curve Vertical. We are using cookies to give you the best experience on our website. As our search for the world's most popular wines nears its end, we visit one of the great regions. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. The move helped establish Lafite as a leader in the market. Go to shop. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. China's Vintage Alco Pop? Explaining Maotai's Price Spiral - WSJ The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. Lafite in particular has maintained a youthful character, developing harmony as it ages. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. [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]. The most important thing for Chinese people is their face. Cask tastings revealed a vintage of almost Port-like richness and weight. He claims that the 10s brought a new energy to structure. to put under the hammer. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. And it was our thank you to China for helping us through the years.. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. A bottle of Lafite Rothschild costs around $500. Posted in: The grapes would have been picked by hand, selected in the vineyard, and brought to the winery for destemming and fermentation in large wooden vats (stainless steel tanks were only installed in 1988). The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. Some estates overcropped as the yield was generous, but dilution was rare. 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. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. Phone: +254 727 612 142. The Anglocentric language of wine is increasingly exclusive to the wider wine world. When we discussed the 08, I said, Why dont we do that? Salin recalls. But Salin had something up his sleeve that he hoped would give the auction a boost. It looks like a hill, and Lafite is located on the slope of a hill. It looks like you're in Asia, would you like to be redirected to the The significant role played by bitcoin for businesses! A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. [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. In addition to being one of the first growth wines from Bordeaux, it is one of the most 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. 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. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. Is it familiar? A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. And Salin had another plan in motion. 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. Discover what else your investment offers. Chteau Lafite Rothschild has a rich and fascinating history. Bordeaux are known for their age-ability. Chateau Lafite Rothschild | Pauillac | Wine Academy | Cult Wines Manage Cookies Accept & Continue. Robert Parker gave this vintage a score of 100 points, and legend has it that he tasted this vintage 11 times and was satisfied with 100 points each time. PO Box 607Pismo Beach, CA 93448Phone: 805.541.5868Fax: 805.434.9380. Chateau Lafite tastes like a fine wine should taste. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. 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). The night had turned into a bidding frenzy, with price after price shattered. 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. 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. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Lafite 1982 Leads $820,000 Christie's Online Wine Auction Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. Amongst these Pauillac wines, Lafite has always held a particular allure. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Hotlines/WhatsApp. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Critic tasting note: "(2002) Similar colour, but has retained more depth at core.