why is 1982 lafite so expensive

We've finally reached the summit of our search for the world's most popular wines. Firstly, there is the 1982 vintage. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. Photo courtesy of DBR Lafite. 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 . It is considered by some to be the best wine to come out of Bordeaux. 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. 2 magnums per lot. 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. Will His AI Plans Be Any Different? Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. All of these factors combine to make Lafite wine one of the most expensive wines on the market. And it was our thank you to China for helping us through the years.. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. 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. Bu 1 en 2022 avec J.S.Philippe, un monstre en devenir (99+) ! Although it eventually cooled after reaching. There are a few factors that contribute to the high cost of Lafite wine. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. Sometimes small imperfections add complexity in a wine. Check with the merchant for stock availability. 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. 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. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. Is it familiar? Unfinished and not yet bottled. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . 2010 saw a return to form. On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. So, now you know why the '82 Lafite is so expensive, right? The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). The move helped establish Lafite as a leader in 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. 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. 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. Why is the 82 Lafite so expensive? Great length and probably a few years off its peak. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. 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. There is no doubt that this is one of the best Bordeaux wines ever made. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. Vintages at Chteau Mouton Rothschild are known for their distinct labels. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 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! The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. Chateau Lafite is considered an expensive wine, but its price point varies depending on the vintage. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Simply put it, it's just so good! Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. When it went for $233,972, it became the most expensive wine ever sold. The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. 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). Third, Lafite ages its wine for a longer period of time than most other producers. 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. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. Stored in bonded warehouse with duty and sales tax suspended. Cabernet Sauvignon, Merlot, Cabernet Franc & Petit Verdot. Just as the 1990 Cheval Blanc is outrageously expensive, driven by Middle Eastern oil tycoons (NB: the current price is 7,032, higher than the '82), so is the price of Romane-Conti in Burgundy, France, at the very top of the pyramid, not only because of the tiny production of around 3,600-6,000 bottles (NB: Lafite's production is around 200,000 bottles) but also, it is said, because in the 1980s speculation by the Japanese when their economy took off. Chteau Lafite Rothschild - Wikipedia The wines are then released to wholesalers, who get it at a lower price than everybody else. Were the worlds first wine discovery platform with a simple matchmaking mission: to pair people with bottles that bring them joy. We are using cookies to give you the best experience on our website. I was blessed to have drunk quite a number of Petrus vintages. [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. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. 2022 Distillery.Sale All rights reserved. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. Discover how your secure fine wine investment is stored. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. 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. Posted in: Join one of our online webinars to hear from experts on the market. 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. 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. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. Hotlines/WhatsApp. 1982 Lafite Rothschild, Pauillac - SKU 950058 - K&L Wines Winemaking practices have changed little at Lafite. Succeeding his uncle lie de Rothschild, Lafite has been under the direction of ric de Rothschild from 1974 to 2018, when he was succeeded by his daughter, Saskia de Rothschild. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. What Makes Lafite Wine So Expensive? - SloWine 1982 Chateau Lafite Rothschild - Wine-Searcher Its not a blockbuster year but the tannins and the fruit were ripe and we should see wines at the same quality level as 2012 (an underrated year in my book) or perhaps 2014. Asia House Chteau Lafite Rothschild has a rich and fascinating history. 6 bottles per lot. 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. Great length and probably a few years off its peak. French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. 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. Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. The Lafite Rothschild vineyards in the Bordeaux region of France produce a wide range of red, white, and ros wines. Cask tastings revealed a vintage of almost Port-like richness and weight. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. 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. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. And it was our thank you to China for helping us through the years., But what happened that night wasnt just a coup for Lafite. 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 in Pauillac, France, Get the best stories from Christies.com in a weekly email, *We will never sell or rent your information. Christoph Salin. 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. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. Find out more about the people who make it work. The Most Expensive Bottle of Wine in the World (For Now) They should be fine 2017 is potentially a very good vintage. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. What does "Lafite in 1982" mean?Where does this "stalk" come from and But selection for the grand vin was less stringent than it would become from 1985. 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. The Clockwork Building, 45 Beavor Lane, London W6 9AR, Reg Company No. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. Why is everything so expensive? A quick look at what 1982-level For power there are other chteaux, but for elegance and finesse, then Lafite should be your wine. The Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. Amid China's Boom, Fake Wines Proliferate - The New York Times 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. It is deeply impressive. The purity of fruit here really pushes through to the finish. Although your wine cellar might be valuable, sharing bottles with friends is priceless.

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