Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. Privacy Policy, The Treasury: Finest Wines from a Peerless Collection. 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. Trinken/lagern +40 Jahre. Could there be a changing of the guard among Bordeaux's top producers? The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. ! Hotlines/WhatsApp. 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. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Flight 4 d'Yquem 1975. . Why is lafite so expensive? The most important thing for Chinese people is their face. 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. And Salin had another plan in motion. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . The next morning, the price of the 2008 Lafite jumped 20% on the key London markets. There are a few factors that contribute to the high cost of Lafite wine. 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. - New York - USA, Messe Dusseldorf Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. - 94/100, Tom Cannavan, Standard delivery next day But what happened that night wasnt just a coup for Lafite. 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. 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. 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. Lafite "is such a generic brand in China that it has widespread appeal as a name and as a status symbol," Mr. Boyce said. Just as the 1990 Cheval Blanc is outrageously expensive, driven by Middle Eastern oil tycoons (NB: the current price is 7,032, higher than the '82), so is the price of Romane-Conti in Burgundy, France, at the very top of the pyramid, not only because of the tiny production of around 3,600-6,000 bottles (NB: Lafite's production is around 200,000 bottles) but also, it is said, because in the 1980s speculation by the Japanese when their economy took off. What is the Difference Between Wine and Cocktails? Posted in: This vintage could well go down in history as the most expensive bottle of wine never sold. Chteau Lafite-Rothschild 2005. What we do is different. 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. Photo courtesy of DBR Lafite. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . When we discussed the 08, I said, Why dont we do that? Salin recalls. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 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. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. The chteaux take these reactions into account when they come up with the wines release price. These wines, on the other hand, have a vibrant acidity and a firm tannic structure, allowing them to age gracefully. Sometimes small imperfections add complexity in a wine. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named Long Dai. 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. The Chardonnay at Chteau Lafite Rothschild is always more Merlot than the grand vin. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. The move helped establish Lafite as a leader in the market. Great length and probably a few years off its peak. Please sign in or create a free account to . In-stock and available for sale at the price shown. You can find out more about which cookies we are using or switch them off in settings. 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. 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 . Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. It is undoubtedly one of the very best wines to come out of Bordeaux. For example, the 2014 vintage is currently selling for around $300 per bottle, while the 2018 vintage is selling for around $450 per bottle. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). Nov 22, 2010. That initial purchase was the start to Lafite Rothschild becoming the most expensive, sought after brand in the Chinese and Asian markets. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Price starts low and is sold to the highest bidder. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. 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. 12 bottles per lot. And Salin had another plan in motion. Once again, the 1982 Lafite is at its peak (i.e. This is not a bad thing, but it is slightly different. The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. 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. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. They're wrong. Because of this madness, it is said that the price of an empty bottle of Lafite in 1982 was as high as 4,000 yuan, and the price of the most expensive Lafite in 1982 was about 500,000 yuan per bottle. This was an headline vintage of outstanding quality throughout Bordeaux, with ripeness levels not seen for many years. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. In Bordeaux, 2016 was a strange year. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. And it was our thank you to China for helping us through the years.. Ritchie took his place and the bidding began. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. A bottle of Lafite Rothschild costs around $500. 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. 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. Our story, setting a new standard for fine wine investment. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Fourth, Lafite is one of the most prestigious wine producers in the world. 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. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. In some cases, it will be different depending on the vintage character. 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. Although it eventually cooled after reaching. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . articles a month for anyone to read, even non-subscribers! To stimulate interest, Salin had pulled out all the stops. 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. It looks like a hill, and Lafite is located on the slope of a hill. Hassle-free and easy, our plans and fees are simple and transparent. 06350591 | VAT No. 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. It was predicted to earn about $666 a bottle, assuming there were buyers. GB 129 9514 84 | AWRS No. Check with the merchant for stock availability. 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. A single night in Hong Kong in 2010 proved a turning point in the history of wine. For me, the magic of Bordeaux requires patience, the wines need time to evolve their complex secondary and tertiary characteristics of cedar, leather and tobacco. 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? Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. Yes, take me to the Asia edition Unfinished and not yet bottled. 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) 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. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. The night had turned into a bidding frenzy, with price after price shattered. It . This term has been used in the past with disastrous results. Chateau Margaux, 2009 - 122,380. Christoph Salin. 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. The tannins are well balanced and the finish is smooth. Discover how your secure fine wine investment is stored. 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. So, what makes Lafite wine so expensive? It looks like a hill, and Lafite is located on the slope of a hill. Although your wine cellar might be valuable, sharing bottles with friends is priceless. As our search for the world's most popular wines nears its end, we visit one of the great regions. Wine has a proven track record of returns and resilience in an unstable market. But what happened that night wasn't just a coup for Lafite. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. Annual production ranges between 15,000 to 20,000 cases, depending on the vintage. Well, youd hardly keep it under the stairs, would you? The fresh wine was then aged in new barriques, produced at Lafites own cooperage, for almost two years before bottling. Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. Four different kinds of cryptocurrencies you should know. But Salin had something up his sleeve that he hoped would give the auction a boost. Rothschild, however, died just three months after purchasing Lafite. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. The recent story about the world's most Googled beer doesn't appear to add up. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Because saliva builds up in the mouth all day, it can alter the taste of wine. The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. Users have rated this wine 4.5 out of 5 stars. 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. Many people do not know why Lafite '82 is expensive, now I will tell you. {"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. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? The Clockwork Building, 45 Beavor Lane, London W6 9AR, Reg Company No. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. The price of other Bordeaux wines rose as well. 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. We reach the climax of our series on the world's most searched-for wines, but there's a surprising omission. From Barolo to Bordeaux, these wines are steeped in tradition. 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. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. And it would be a public humiliation for one of the wine worlds premier chteaux. Simply put it, it's just so good! The bottle of 1869 with an estimated price of $8,000? The growing season was idyllic with both budburst and flowering occurring under perfect conditions. Estimate: 3,000-4,000. 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.