Lafite lies at the northern end of Pauillac. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. The wines are then released to wholesalers, who get it at a lower price than everybody else. If youre looking for a special bottle of wine to splurge on, Lafite is a great option. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Amongst these Pauillac wines, Lafite has always held a particular allure. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. Because saliva builds up in the mouth all day, it can alter the taste of wine. And he, Robert Parker, a relatively new and little-known American wine critic, staked his life on the credibility of that vintage as one of the best of the 20th century. The most important thing for Chinese people is their face. 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. There was a lot at stake. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. 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. 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. Chteau Lafite Rothschild - Wikipedia 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. Copyright 2023 Cult Wines Ltd. All Rights Reserved. Since then, the overall Chinese wine market has become globally significant. On this, the first day of the auction, Ritchie had 2,000 bottles of. From Barolo to Bordeaux, these wines are steeped in tradition. Theres a world of difference between carefully-preserved decades-old vintages and two-for-a-tenner bottles of plonk on sale in the supermarket, not least the price tags. 03606414. And it was our thank you to China for helping us through the years.. 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. - New York - USA, Messe Dusseldorf The chteaux take these reactions into account when they come up with the wines release price. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Simply put it, it's just so good! Then it indirectly helped to advertise Lafite '82. It became the most expensive wine ever sold when the hammer went down at the final price of $233,972. Talk about opening with a bang! They should be fine 2017 is potentially a very good vintage. The 10 most expensive wines | Cult Wines - wineinvestment.com Why is Lafite so expensive? No. 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 past few years have seen big price hikes for fine wine, but market patience might be wearing thin. 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. 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 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. It looks like a hill, and Lafite is located on the slope of a hill. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. 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. 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! The 1982 Chteau Lafite-Rothschild, from magnum, is a bit rough around the edges, but still striking in its beauty. It looks like you're in Asia, would you like to be redirected to the Robert Parker said the wine reveals considerable tannin as well as amazing, atypical power and concentration for Lafite, and rated it 100. Half of those cases went to China. Why collectors love Chteau Lafite Rothschild wine | Christie's You can find out more about which cookies we are using or switch them off in settings. Wine Lists. 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. Stored in bonded warehouse with duty and sales tax suspended. 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. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. Ritchie took his place and the bidding began. PO Box 607Pismo Beach, CA 93448Phone: 805.541.5868Fax: 805.434.9380. There are a few factors that contribute to the high cost of Lafite wine. Third, Lafite ages its wine for a longer period of time than most other producers. [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. 1982 Chateau Lafite Rothschild - Wine-Searcher Once again, the 1982 Lafite is at its peak (i.e. Discover what else your investment offers. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 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. The history of Chteau Lafite Rothschild is rich and fascinating. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. Why is everything so expensive? A quick look at what 1982-level 1982 Chateau Lafite Rothschild Brings $41,175 To Lead Heritage Auctions 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. Should go on for decades. Chteau Lafite in Bordeaux. But what happened that night wasn't just a coup for Lafite. I have been fortunate to taste Lafite on many occasions. 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). Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. . The harvest began early, on 16 September. To recap what we all know to have been a great season, 1982 saw a dry and mild spring, allowing an excellent flowering followed by a dry and hot summer with regular small showers and fresher nights in August. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Chateau Lafite Rothschild | Pauillac | Wine Academy | Cult Wines Great length and probably a few years off its peak. 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) 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. 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. We use cookies to ensure that we give you the best experience on our website. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild. Or youre an unabashed cork dork hunting for that Slovenian stunner you sipped on vacation. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. 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! The vines are planted in well-drained soil made up of fine, deep gravel, mixed with aeolian sand on a subsoil of tertiary limestone. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. The Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. The acidity then rushes in at the very end, causing the wine to become longer. Producer. Please sign in or create a free account to . The mood inside the Mandarin Oriental, one of Hong Kongs most luxurious hotels, was anxious. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. The style of wines proved a terrific shot in the arm for claret, especially on the US market. 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. TOP 10 why is 1982 lafite so expensive BEST and NEWEST [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. Limited availability. Join one of our online webinars to hear from experts on the market. [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. In 2001 he wrote: So much on show, so much left to show., Clive Coates MW writing a year later, thought the wine fresh, classy and intense, adding: It will get even better as it gets more decadent.. On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. Most often asked questions related to bitcoin! Estimated to reach $8,000, it sold for $233,972, making it the most expensive 750ml bottle of wine on the planet. Mobile: +254 798 368 561. 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. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. Is Chateau Lafite an expensive wine? 1982 Chateau Lafite Rothschild - Wine-Searcher The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. 1982 Lafite Rothschild Bordeaux Red - Sokolin LLC Long-term drinking is supported by both the short and long-term use of mixed formats. . Some of the world's most famous wines. [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. It . Perhaps spurred on by the enthusiasm of the proprietors, the press and trade mostly reacted very positively, and 1982 was soon regarded as a blue-chip vintage, confirmed by steadily rising prices for the top wines. 2010 saw a return to form. 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. Californias Best-Kept Wine Secret: Santa Cruz Mountains, The Bottles That Shaped Tony Parkers Love of Wine, Heavy Metal Fans Drink Muscadet and You Should Too, Get to Know Portugals Stunning White Wines. In addition to being one of the first growth wines from Bordeaux, it is one of the most expensive. For completeness we may include critic scores in our aggregation that we do not display. Is it familiar? [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. Wine investment insights delivered straight into your inbox weekly. During the ageing period, the wine would have been regularly racked and then fined before bottling. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. Not only was the wine famous, it was also a First Growth chateaux. 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. A year after he took over the management in 1974, he hired Professor Emile Peynaud as consultant. Registered in England and Wales No. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. 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. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The debonair Baron Eric is serious about his wines. Mixed formats support both near- and long-term drinking. Lafite 1982 Leads $820,000 Christie's Online Wine Auction The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. As a result, the appeal of this Pauillac wine has always been based on Lafite. But selection for the grand vin was less stringent than it would become from 1985. The tannins are well balanced and the finish is smooth. 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. Flight 4 d'Yquem 1975. . Rather more closed on the nose. Retail Wines 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. A look at the Bordeaux vintage that retailers are backing as the best in years. It was exceedingly wet the first half of the year and bone dry for much of the second half. This website uses cookies so that we can provide you with the best user experience possible. In October 2019, the 2017 vintage of Long Dai its first went on sale in Europe. In some cases, it will be different depending on the vintage character. 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. It looks like a hill, and Lafite is located on the slope of a hill. - Dusseldorf - Germany. The significant role played by bitcoin for businesses! [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. 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. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a. . China and Bordeaux Wine, The Complete Story, Current Situation Today DBR Lafite was not the first major French company to invest in Chinese terroir, but its presence was an important vote of confidence in Chinas future as a wine producing country. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. Cult Wines is proudly invested in offsetting carbon emissions through dedicated projects around the world, championing sustainability, supporting ethical practices and actively contributing to the future of the wine industry with impactful initiatives. 12 bottles per lot. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. If you disable this cookie, we will not be able to save your preferences. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. Well, youd hardly keep it under the stairs, would you? But Salin had something up his sleeve that he hoped would give the auction a boost. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. 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. Bordeaux are known for their age-ability. Some estates overcropped as the yield was generous, but dilution was rare. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}451330N 04623W / 45.22500N 0.77306W / 45.22500; -0.77306. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. 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. 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. Chateau Lafite Rothschild, 1869 163,000. 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. It has a fruity taste with a hint of oak. [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. 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 designations remain in force today, putting Lafite at the pinnacle of Bordeaux. 1982 Lafite Rothschild, Pauillac - SKU 950058 - K&L Wines 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. So, what makes Lafite wine so expensive? {"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. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . The Drop is an online magazine that connects people to wines theyll love. Find out more about the people who make it work. When we discussed the 08, I said, Why dont we do that? Salin recalls. We've finally reached the summit of our search for the world's most popular wines. The chteaux take these reactions into account when they come up with the wines release price. 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. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. The Most Expensive Bottle of Wine in the World (For Now) He claims that the 10s brought a new energy to structure. 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. The mystique extends beyond the wine in Beijing, there is a La Fite. The price of other Bordeaux wines, Since then, the overall Chinese wine market has become globally significant. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Our story, setting a new standard for fine wine investment. Discover how your secure fine wine investment is stored. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. And it would be a public humiliation for one of the wine worlds premier chteaux. Composition: 65% Cabernet Sauvignon, 29% Merlot, 6% Cabernet Franc, Release price: 170 francs per bottle (around 17), which rose on the export market to 225Fr (22.50), Price today: between 47,000 and 54,000 per case (3,915 to 4,500 a bottle) and rising. Firstly, there is the 1982 vintage. 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. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. In fact, at the beginning, 82 Lafite was a line of a movie, and then gradually evolved into an expression bag. [4], In the early 18th century, Nicolas-Alexandre, marquis de Sgur refined the wine-making techniques of the estate, and introduced his wines to the upper echelons of European society. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. why is 1982 lafite so expensive - challengeairsea.net The purity of fruit here really pushes through to the finish. 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. 2 magnums per lot. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. When we discussed the 08, I said, Why dont we do that? Salin recalls. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. 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. With his camera, James Molesworth looks at the region known as the Left Bank of France for its prime Cabernet Sauvignon grapes. Will His AI Plans Be Any Different? The night had turned into a bidding frenzy, with price after price shattered.
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