why is 1982 lafite so expensive

In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Mobile: +254 798 368 561. Asia House Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. why is 1982 lafite so expensive. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. Artists work is not compensated in the same way that other types of work are, but they are given a box of wine with their own vintage. 1982 Lafite-Rothschild, Pauillac (1.5L) - SKU 998155 - K&L Wines As our search for the world's most popular wines nears its end, we visit one of the great regions. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. The vintage 1869 bottles -- sold in a single lot -- went for multiples more than expected . Chateau Lafite Rothschild 1982 Cheval Blanc 1982 Petrus 1982. 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. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. Chateau Lafite Rothschild is known for its best drinking and should reach its peak maturity between the ages of 15 and 60. More shipping infoShipping info. The harvest began early, on 16 September. 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. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . From an investment point of view, the price of a wine is also at its peak when it enters the world's top restaurants for people to enjoy. 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. Discover our range of fine wines from around the world. 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. 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. The Drop is an online magazine that connects people to wines theyll love. It was predicted to earn about $666 a bottle, assuming there were buyers. The Lafite Rothschild vineyards in the Bordeaux region of France produce a wide range of red, white, and ros wines. When young, it is really difficult to understand despite being more . Since then, it has been a consistent producer of one of the world's most expensive red wines. 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. The soil is deep gravel on perfectly drained, gently undulating slopes. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. Why is Petrus so expensive apart from the common logic of supply and demand? - 94/100, Tom Cannavan, Standard delivery next day 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). Regardless of whether the Lafite is in a bottle or a magnum, it should be included in your fine wine collection. GB 129 9514 84 | AWRS No. 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. Chateau Lafite Rothschild | Pauillac | Wine Academy | Cult Wines 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. 2 magnums per lot. A New Era Begins at Chteau Lafite as Baron de Rothschild Hands 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. why is 1982 lafite so expensive - challengeairsea.net 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. Years of use usually result in bottles costing several hundred dollars, and prices rise as they become scarcer. Stored in bonded warehouse with duty and sales tax suspended. At the beginning of ageing, the quality of 2017 red wines from vineyards spared by frost are proving to be satisfactory to very good. 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. 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. The price of other Bordeaux wines rose as well. 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. 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. The chteaux take these reactions into account when they come up with the wines release price. For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. 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. And it was our thank you to China for helping us through the years.. 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. The tannins are well balanced and the finish is smooth. The next morning, the price of the 2008 Lafite jumped 20% on the key London markets. to put under the hammer. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. [2] In 1797 the vineyards were sold to a group of Dutch merchants.[5]. It's not just an asset, it's an experience. 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. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. 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. answer the question why is 1982 lafite so expensive, which will help you get the most accurate answer. - New York - USA, Messe Dusseldorf Lafite 1982 Leads $820,000 Christie's Online Wine Auction Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. There are two seriously beautiful vintages on our hands, and theyre both fantastic. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. [15] On 29 October 2010 the record was broken at a Sotheby's auction in Hong Kong three bottles of 1869 Chateau Lafite-Rothschild were sold for HK$1.8M (US$232,692) each.[16]. Grand Tasting of 1982 - Fine Wines SG 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. 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). 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. 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. Soon after, it was available in the United States at $300 (now $600). Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . What does "Lafite in 1982" mean?Where does this "stalk" come from and Maybe youre looking for the perfect prosecco to bring to a surprise party. It may be early in the marathon that is Bordeaux En Primeurthe worlds biggest weeklong barrel-tasting eventbut its not too soon to say that 2016 is a great vintage overall. 2022 Distillery.Sale All rights reserved. World Class Wine. Once again, the 1982 Lafite is at its peak (i.e. Acidities were fairly low, but the best wines, such as Lafite, had sufficient tannic grip and structure to ensure a long, interesting life. World's Most Expensive Wines - Forbes The wines are then released to wholesalers, who get it at a lower price than everybody else. CA: Los Angeles. $ 3,548.92. 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. Flight 4 d'Yquem 1975. . 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. 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. The price of other Bordeaux wines rose as well. Since then, the overall Chinese wine market has become globally significant. More shipping info. Lafite in particular has maintained a youthful character, developing harmony as it ages. Chateau Margaux, 2009 - 122,380. Posted in: 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. [7][8], At the 5 December 1985 Christie's auction, a new record price of approximately US$156,000 was paid for a bottle of wine a 1787 Chteau Lafite which was thought to be owned by Thomas Jefferson. The debonair Baron Eric is serious about his wines. First, the wine is produced in very limited quantities. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. 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. Therefore, a soil that is too fertile may not be what's best for a vineyard; an arid hillside may yield richer grapes than a green stretch of land by a river. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973).

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