Lafite lies at the northern end of Pauillac. The consumer price index jumped 6.8% from a year earlier, the fastest pace since 1982, as prices surged for staples such as food and gasoline, new and used cars, rent and physicians' services . In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. Wine Legend: Chteau Lafite-Rothschild 1982 - Decanter answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. It is considered by some to be the best wine to come out of Bordeaux. Firstly, there is the 1982 vintage. What we do is different. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Estimate: 3,000-4,000. Copyright 2023 Cult Wines Ltd. All Rights Reserved. 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. 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 bottle of 1869 with an estimated price of $8,000? Why has it managed to have such a high popularity in the country? There is no doubt that this is one of the best Bordeaux wines ever made. 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. 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. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. 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 . Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. why is 1982 lafite so expensive. 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Stored in bonded warehouse with duty and sales tax suspended. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. Since then, the overall Chinese wine market has become globally significant. The Most Expensive Bottle of Wine in the World (For Now) 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. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild. More shipping info. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. 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 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. So, what makes Lafite wine so expensive? Hotlines/WhatsApp. A New Era Begins at Chteau Lafite as Baron de Rothschild Hands The best wines, which Lafite is unquestionably in that category also have a freshness and vibrancy to balance the matured bouquet. 1982 Lafite Rothschild Bordeaux Red - Sokolin LLC 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. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. 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. 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. GB 129 9514 84 | AWRS No. Pauillac is a well-regardeda commune and appellation on Bordeaux's Mdoc peninsula. Why is Lafite so expensive? Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. Why is lafite so expensive? To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. It was an easy harvest that saw an early and large crop, and in the vat rooms they say, it smelt of hot fruit jam. 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. - London - United Kingdom, Jacob K Javits Convention Center The Lucky Country has had a rough few years, but change is in the air. 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. 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. 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. Yes, take me to the Asia edition Estimate: 11,00014,000. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. Users have rated this wine 4.5 out of 5 stars. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. 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. When it went for $233,972, it became the most expensive wine ever sold. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. 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 Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. Returns are calculated in GBP and results may vary depending on exchange rates. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. Since then, Parker's reputation has grown, his following has grown, and his influence has grown. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. 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. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. And Salin had another plan in motion. It looks like a hill, and Lafite is located on the slope of a hill. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. You can find out more about which cookies we are using or switch them off in settings. 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. Wine Legend: Chteau Lafite-Rothschild 1982, Pauillac, Bordeaux, France Bottles produced: No record Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc Yield: 40 hectolitres per hectare Alcohol level: 12.5% Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50) [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. The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. 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. [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. A bottle of Lafite Rothschild costs around $500. World Class Wine. Let us guide you through the process behind investing in fine wine. But selection for the grand vin was less stringent than it would become from 1985. Instead of committing early, the Chinese preferred to wait until nearer the time when the wine was actually ready to ship before jumping in. It is considered by some to be the best wine to come out of Bordeaux. why is 1982 lafite so expensive - solcodepoint.com Chateau Lafite tastes like a fine wine should taste. 1982 Chateau Lafite Rothschild Brings $41,175 To Lead Heritage Auctions Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. Although it is less than 1 million a bottle of Kande red wine, I can't bear to drink it when I buy it back. China and Bordeaux Wine, The Complete Story, Current Situation Today 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. 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. Chteau Only twelve copies of this doll were made by Mattel. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. 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.