why is 1982 lafite so expensive

[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. This lengthy aging process adds to the cost of the wine. Chateau Lafite Rothschild, 1869 163,000. 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. Bu 1 en 2022 avec J.S.Philippe, un monstre en devenir (99+) ! Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. Its vines are around 70% Cabernet Sauvignon, 25% Merlot, 3% Cabernet Franc, and 2% Petit Verdot, whereas the final wine is between 80% and 95% Cabernet Sauvignon, 5% and 20% Merlot, and up to 3% Cabernet Franc and Petit Verdot. 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. 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. ! It was exceedingly wet the first half of the year and bone dry for much of the second half. Unfinished and not yet bottled. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. A year after he took over the management in 1974, he hired Professor Emile Peynaud as consultant. The Lucky Country has had a rough few years, but change is in the air. Good luck getting hold of a bottle, though, the vintage is available in maddeningly small quantities. The 1982 vintage for Bordeaux was and still is considered one of the great vintages. Mobile: +254 798 368 561. 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. 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. Why is Petrus so expensive apart from the common logic of supply and demand? As our search for the world's most popular wines nears its end, we visit one of the great regions. And it was our thank you to China for helping us through the years.. Limited availability. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. 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. Investing in wine could be your smartest investment yet. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. Once again, the 1982 Lafite is at its peak (i.e. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. Musk Made a Mess at Twitter. Photo courtesy of DBR Lafite. It was predicted to earn about $666 a bottle, assuming there were buyers. 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. And Salin had another plan in motion. Critics have scored this wine 95 points. From Barolo to Bordeaux, these wines are steeped in tradition. Subscribe to our magazine to stay in the know. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. The acidity then rushes in at the very end, causing the wine to become longer. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. All of these factors combine to make Lafite wine one of the most expensive wines on the market. On this, the first day of the auction, Ritchie had 2,000 bottles of Chteau Lafite Rothschild to put under the hammer. Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. There are two seriously beautiful vintages on our hands, and theyre both fantastic. 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.. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Although your wine cellar might be valuable, sharing bottles with friends is priceless. 1982 Lafite Rothschild, Pauillac - SKU 950058 - K&L Wines 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. Let us guide you through the process behind investing in fine wine. The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. 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! 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 . There was a lot at stake. [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. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. 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. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. China and Bordeaux Wine, The Complete Story, Current Situation Today CA: Los Angeles. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . A bottle of Lafite Rothschild costs around $500. {"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. 1982 Chateau Lafite Rothschild - Wine-Searcher 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. Most often asked questions related to bitcoin! Three bottles of Chteau Lafite-Rothschild 1869 sold for HK$1.8 million each. 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. [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. I have been fortunate to taste Lafite on many occasions. 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. Wine Lists. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. TOP 10 why is 1982 lafite so expensive BEST and NEWEST Learn More >, The Drop is an online magazine that connects people to wines theyll love. 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. . Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. 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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. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. 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. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. The soil is deep gravel on perfectly drained, gently undulating slopes. Case of 1982 Lafite tops auction at $42k 12 May 2014 By Lauren Eads An original wood case of Chateau Lafite Rothschild 1982 was the top selling item at Zachys' New York Spring auction this. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Photo courtesy of DBR Lafite. Will there be any dramatic changes at the heart of the wine world? This means that every time you visit this website you will need to enable or disable cookies again. If you continue to use this site we will assume that you are happy with it. We have well known master distiller in Canada and the USA, also installation team in North America, and our own researching department and factory, which assure that we can provide high quality distillation equipment for our customers. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Producer. The 2005 and 2000 vintages of Carruades de Lafite have skyrocketed in price due to increased demand from China, with the 2005 vintage fetching more than 10,000 per case and the 2000 vintage fetching nearly 12,000. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). Chateau Lafite tastes like a fine wine should taste. [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. Yes, take me to the Asia edition The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. It's not just an asset, it's an experience. Chteau Lafite in Bordeaux. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. This wine is made from a blend of 87 percent Cabernet Sauvignon and 13 percent Merlot, according to the Chateau Lafite Rothschild Pauillac 2010 label. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Four good reasons to indulge in cryptocurrency! Please sign in or create a free account to . The price of other Bordeaux wines rose as well. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Third, Lafite ages its wine for a longer period of time than most other producers. It is considered by some to be the best wine to come out of Bordeaux. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. ). Trinken/lagern +40 Jahre. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. This term has been used in the past with disastrous results. 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. Cask tastings revealed a vintage of almost Port-like richness and weight. The style covers a broad spectrum of flavor profiles, but tend to be elegant and Far from being an officially defined or legal term, it is almost never used for wine-labeling purposes (although it occasionally appears on back labels). 1982 Chateau Lafite Rothschild Brings $41,175 To Lead Heritage Auctions Chateau Lafite is considered an expensive wine, but its price point varies depending on the vintage. It is considered by some to be the best wine to come out of Bordeaux. 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. Join one of our online webinars to hear from experts on the market. 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. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. Why has it managed to have such a high popularity in the country? Price. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. 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. Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. 1982 Chateau Lafite Rothschild - Wine-Searcher Amid China's Boom, Fake Wines Proliferate - The New York Times This vintage could well go down in history as the most expensive bottle of wine never sold. In China the name Lafite has the most extraordinary and unexpected resonance.

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