Rather more closed on the nose. What we do is different. The unusually warm growing season resulted in grapes of perfect ripeness and enormous concentration and richness. 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. 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. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. As our search for the world's most popular wines nears its end, we visit one of the great regions. 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.. Hotlines/WhatsApp. 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). Lafite was officially ranked first in the list of the 1855 Classification of the Bordeaux Grands Crus Classs prepared for the Universal Exhibition in Paris in the same year. 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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. So, what makes Lafite wine so expensive? Hassle-free and easy, our plans and fees are simple and transparent. A nearly two-century-old bottle of Chateau Lafite, believed to have been part of an order set aside for Thomas Jefferson, commanded $156,450 today at an auction here. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Rothschild, however, died just three months after purchasing Lafite. Price. 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) 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. Learn More >, It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. 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. Chteau Lafite-Rothschild 2000. 6 bottles per lot. More shipping infoShipping info, Please allow 20 days for delivery in US. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. The history of Chteau Lafite Rothschild is rich and fascinating. 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. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. 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. The recent story about the world's most Googled beer doesn't appear to add up. Ritchie took his place and the bidding began. Baron Eric de Rothschild, the current manager, was already running Lafite in 1982. Registered in England and Wales No. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. If youre looking for a special bottle of wine to splurge on, Lafite is a great option. Long-term drinking is supported by both the short and long-term use of mixed formats. Then it indirectly helped to advertise Lafite '82. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. The most important thing for Chinese people is their face. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. Join one of our online webinars to hear from experts on the market. Musk Made a Mess at Twitter. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. The 2011 in particular has immense aging potential. 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. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. 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. drinkable). Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. The perception that nothing much changes in Bordeaux has been shaken by the surprise decision of two top producers. I was so happy that day! Not only was the wine famous, it was also a First Growth chateaux. 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. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Once again, the 1982 Lafite is at its peak (i.e. Flight 4 d'Yquem 1975. . Take a wild guess. 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 Lucky Country has had a rough few years, but change is in the air. The price of other Bordeaux wines rose as well. 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. And Salin had another plan in motion. Chteau Lafite Rothschild is a wine estate in the Pauillac region of the Mdoc, producing one of the most sought-after and expensive red wines in the world. - 94/100, Tom Cannavan, Standard delivery next day 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. Fourth, Lafite is one of the most prestigious wine producers in the world. A single night in Hong Kong in 2010 proved a turning point in the history of wine. From Barolo to Bordeaux, these wines are steeped in tradition. Users have rated this wine 4.5 out of 5 stars. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. Discover how your secure fine wine investment is stored. Because saliva builds up in the mouth all day, it can alter the taste of wine. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. 06350591 | VAT No. - New York - USA, Messe Dusseldorf Manage Cookies Accept & Continue. Why is Lafite so expensive? 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. Estimate: 3,000-4,000. Lafite only produces a few thousand cases of wine each year, which drives up the price. A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. 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. Lafite lies at the northern end of Pauillac. 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? Since then, it has been a consistent producer of one of the world's most expensive red wines. [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. 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. More shipping infoShipping info, Guaranteed provenance 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. The chteaux take these reactions into account when they come up with the wines release price. 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. No. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. Chateau Lafite tastes like a fine wine should taste. We are using cookies to give you the best experience on our website. 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. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. This means that every time you visit this website you will need to enable or disable cookies again. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. Copyright 2023 Cult Wines Ltd. All Rights Reserved. There are a few factors that contribute to the high cost of Lafite wine. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. A look at the Bordeaux vintage that retailers are backing as the best in years. The winning bid was by far the highest price ever paid for a single bottle of wine. 03606414. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. 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. In China, they wanted to drink Lafite with Sprite. Salin remembers. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. For this chart, Im including just 750 ml bottles (the standard) of red wine produced since 1950. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. But what happened that night wasn't just a coup for Lafite. In contrast, due to Chinas average annual salary of just over $11,000, paying such a high price for a bottle of wine may be out of reach for some consumers. For completeness we may include critic scores in our aggregation that we do not display. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . Chteau Lafite-Rothschild 2005. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. There is no doubt that this is one of the best Bordeaux wines ever made. It simply oozes class. If you continue to use this site we will assume that you are happy with it. I was blessed to have drunk quite a number of Petrus vintages. The first two bottles of the lucky 2008 vintage, with an estimated lot price of $6,000 to $8,000, sold for $34,316 each. Each spring after harvest, an event called. But Salin had something up his sleeve that he hoped would give the auction a boost. Mixed formats support both near- and long-term drinking. Will there be any dramatic changes at the heart of the wine world? We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. Wine Investment, Tagged: Rapper, entrepreneur and innovator LaRussell takes us on a journey from his childhood in the Bay Area making music, to his viral freestyles that lead to an appearance on The Breakfast Club, to his current mission of reimagining the music industry from his own garage. 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 . 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. Why is the 82 Lafite so expensive? Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 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. It looks like you're in Asia, would you like to be redirected to the The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. It was rated second class after being classified as Deuxime Grand Cru in 1855. Yes, take me to the Asia edition 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.