Chteau Lafite Rothschild is a French wine estate of Bordeaux wine, located in Pauillac in France, owned by members of the Rothschild family since the 19th century, and rated as a First Growth under the 1855 Bordeaux Classification. The wines are then released to wholesalers, who get it at a lower price than everybody else. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. Christoph Salin. There are two seriously beautiful vintages on our hands, and theyre both fantastic. 6 bottles per lot. Rothschild, however, died just three months after purchasing Lafite. A year after he took over the management in 1974, he hired Professor Emile Peynaud as consultant. [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. 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. 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. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. to put under the hammer. 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.. Why has it managed to have such a high popularity in the country? 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. Chteau Lafite-Rothschild 1986. 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. 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. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? - 94/100, Tom Cannavan, Standard delivery next day Analysis of the reasons for this may be as follows. 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. 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. Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines. Investing in wine could be your smartest investment yet. World Class Wine. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. That is certainly the case with the 1982 Lafite. Soon after, it was available in the United States at $300 (now $600). 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. 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. 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). There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. First, the wine is produced in very limited quantities. articles a month for anyone to read, even non-subscribers! In-stock and available for sale at the price shown. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market. Phone: +254 727 612 142. GB 129 9514 84 | AWRS No. Talk about opening with a bang! [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. You are wondering about the question why is 1982 lafite so expensive but currently there is no answer, so let kienthuctudonghoa.com summarize and list the top articles with the question. Great length and probably a few years off its peak. PO Box 607Pismo Beach, CA 93448Phone: 805.541.5868Fax: 805.434.9380. Slightly high-toned, highly nuanced nose of currant, roasted meat, cedar, marzipan, smoke . Baron Philippe is the first and only person to accomplish this. Our story, setting a new standard for fine wine investment. 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.. What year is the most expensive Lafite? Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Since then, it has been a consistent producer of one of the world's most expensive red wines. In China the name Lafite has the most extraordinary and unexpected resonance. Lafite, derived from the historic language term fite, which means mound or hillock, is said to have been first used in 1234. Chateau Lafite tastes like a fine wine should taste. 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. Asia House The chteaux take these reactions into account when they come up with the wines release price. No. It simply oozes class. Aile dArgent, at less than $100 per bottle, is more affordable, while Le Petite Mouton costs around $100. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. Chateau Margaux creeps into the top 10 again with its limited edition 12-litre 2009 vintage. 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. 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. The wine has a long history dating back to the 18th century, and the name Lafite is synonymous with quality and luxury. 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. 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. An auction of some of the region's best wines will raise funds to help Ukrainian victims of Russian aggression. After peaking in 2011, however, the price of some vintages halved in two years. Amongst these Pauillac wines, Lafite has always held a particular allure. In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. 6 bottles per lot. Michael Broadbent rated it highly from the outset, and his subsequent notes remarked on its fragrance and slow evolution. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. Simply put it, it's just so good! Products range from still equipment, brew equipment craft home microbrewery beer brewery brewing beer equipment fermenter beer pilot brewing system, Micro Brewery equipment Two Vessels Brewhouse, 50L/100L Mini Alcohol Distiller Column Distillation Machine, Isobaric craft beer conical fermentation tank, jacket craft beer conical fermenter equipment, Variable Red Fruit Wine Fermentation Tank capacity Stainless Steel wine tank, Stainless steel wine fermenter and storage tank for winery and beverage factory, Distillery machine brewing vodka gin Rum Whisky Brandy liquor, 1000l copper still brandy distilling equipment. Not only was the wine famous, it was also a First Growth chateaux. In addition to the first growth, around a third of the wine is released as a second wine under the label Carruades de Lafite. [9][10][11][12][13][14] The authenticity of the bottle has been challenged. Direct from the producer, in-stock and available for sale at the price shown. In Bordeaux, 2016 was a strange year. 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. 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. Winemaking practices have changed little at Lafite. The most important thing for Chinese people is their face. Four good reasons to indulge in cryptocurrency! First, the wine is produced in very limited quantities. Wine Investment, Tagged: It has a fruity taste with a hint of oak. [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. 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. 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. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. When we discussed the 08, I said, Why dont we do that? Salin recalls. Registered in England and Wales No. Chateau Lafite-Rothschild, 1787 109,300. During the ageing period, the wine would have been regularly racked and then fined before bottling. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Deep in colour, it has a classic Pauillac nose with intense black fruit mixed with pencil shavings and black truffles. From Barolo to Bordeaux, these wines are steeped in tradition. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). Generally speaking, Lafite takes about 25 years to blossom in a strong vintage; the 1999, from a less powerful year, is just starting to develop secondary nuances, the herbal and savory notes that . Photo courtesy of DBR Lafite. So, what makes Lafite wine so expensive? The bottle of 1869 with an estimated price of $8,000? {"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. Bordeaux are known for their age-ability. 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. Producer. (Some up north on the left bank are even mentioning 2015). Why is Lafite so expensive? The price of other Bordeaux wines rose as well. The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. Should go on for decades. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. Lafite in particular has maintained a youthful character, developing harmony as it ages. And it would be a public humiliation for one of the wine worlds premier chteaux. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . Once again, the 1982 Lafite is at its peak (i.e. This particular bottle had the initial Th.J etched into it the markings of enthusiastic oenophile Thomas Jefferson. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. The night had turned into a bidding frenzy, with price after price shattered. Duhart-Milon, a separate estate in the Lafite portfolio, is located just west of Lafite. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. 1982 Chateau Lafite Rothschild Pauillac, France Avg Price (ex-tax) $ 4,076 / 750ml Red - Savory and Classic 4.5 from 43 User Ratings 95 / 100 from 13 Critic Reviews All 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 Prices Profile Reviews Vintages Analytics 194 Prices Compact view Acker Merrall & Condit Auction USA: (NY) New York 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. The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. Irrespective of whether in bottles or magnums or larger, Lafite should be an important part of your fine wine collection. Chteau Lafite-Rothschild 2005. It looks like a hill, and Lafite is located on the slope of a hill. During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. The estate then became the joint property of his three sons: Alphonse, Gustave and Edmond Rothschild. 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. Trinken/lagern +40 Jahre. 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. 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. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. Great length and probably a few years off its peak. It is deeply impressive. 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. 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. Rather more closed on the nose. The recent story about the world's most Googled beer doesn't appear to add up. At the beginning of the 18th century Lafites wine was sold in London, where it was reported to be a favourite of the Prime Minister, Robert Walpole, who was reputed to have purchased barrels of 1732 and 1733. And it was our thank you to China for helping us through the years.. 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 . Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. The past few years have seen big price hikes for fine wine, but market patience might be wearing thin. More shipping infoShipping info. 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. 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. There are a few factors that contribute to the high cost of Lafite wine. In China, they wanted to drink Lafite with Sprite. Salin remembers. Chteau Lafite-Rothschild 2000. 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. 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. Wine drinkers should begin drinking wine about 11 a.m. to 1 p.m. to get the best flavor. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. why is 1982 lafite so expensive. [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. 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. 2020 has ended up being a really good but variable year with wines of outstanding potential for many Bordeaux estates. We are using cookies to give you the best experience on our website. Manage Cookies Accept & Continue. Well, youd hardly keep it under the stairs, would you? 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. Hassle-free and easy, our plans and fees are simple and transparent. The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. [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. It looks like a hill, and Lafite is located on the slope of a hill. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. Theres no winemaker at Lafite, but the technical director then was Jean Crt (ex-Loville-Las-Cases). Such resonance that Carruades de Lafite, the Bordeaux first growth's second wine and often a thin little thing, can command a higher price than super-second Ch Cos d'Estournel. It was predicted to earn about $666 a bottle, assuming there were buyers. In 1994, Bordeaux was experiencing a sluggish sales period, so chteaux were raiding cellar reserves and selling previous vintages cheaply. Years of use usually result in bottles costing several hundred dollars, and prices rise as they become scarcer. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Chteau Lafite Rothschild is undoubtedly one of the worlds most prestigious and collectable wines. Some estates overcropped as the yield was generous, but dilution was rare. The style of wines proved a terrific shot in the arm for claret, especially on the US market. When we discussed the 08, I said, Why dont we do that? Salin recalls. It's not just an asset, it's an experience. You can find out more about which cookies we are using or switch them off in settings. The 20th century has seen periods of success and difficulty, coping with post-phylloxera vines, and two world wars. The estate is now known as Rubicon, owned by Francis Ford Coppola, who allegedly keeps an empty bottle of this vintage on top of his fridge. This term has been used in the past with disastrous results. Rather more closed on the nose. If you continue to use this site we will assume that you are happy with it. A look at the Bordeaux vintage that retailers are backing as the best in years. He claims that the 10s brought a new energy to structure. The Japanese specialty has burst free of its traditional market and is getting consumers very thirsty indeed. There have been many notable events at the estate over the last century. In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. The only known bottle in the Imperial format was expected to sell for between US$150,000-$200,000, but smashed its estimates to sell for $304,375 (192,000). 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. But selection for the grand vin was less stringent than it would become from 1985. 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. 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. The soil is deep gravel on perfectly drained, gently undulating slopes. The debonair Baron Eric is serious about his wines. They should be fine 2017 is potentially a very good vintage. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. Go to shop. Returns are calculated in GBP and results may vary depending on exchange rates. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. 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. Today, Lafites 112-hectare vineyard consists of three main areas: the slopes around the Chteau, the adjacent Carruades plateau to the west and a 4.5 hectare plot in the neighbouring commune of Saint Estphe, which historically has been allowed into Lafite and thus the Pauillac appellation. Price. 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. Learn More >, The Drop is an online magazine that connects people to wines theyll love. 12 bottles per lot. Long-term drinking is supported by both the short and long-term use of mixed formats. Although it is less than 1 million a bottle of Kande red wine, I can't bear to drink it when I buy it back. 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. A bottle of Lafite can cost upwards of $500, making it one of the most expensive wines on the market.