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. Salin reached into Lafites caves and pulled out 1,000 cases to sell of the 1982 vintage, arguably the best of the century. Why has it managed to have such a high popularity in the country? - Dusseldorf - Germany. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. Chteau Lafite Rothschild has a rich and fascinating history. Our company is the leading company of still equipment in China, with the strength of providing vodka, gin, run, whisky, brandy making machines. The wine is typically aged for at least 18 months, and sometimes up to 24 months, before it is released. 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The best aged red wines tend to be Port, cabernet sauvignon, merlot, sangiovese, monastrell, cabernet franc, nebbiolo, malbec, and syrah. 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. That is certainly the case with the 1982 Lafite. 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. 2 magnums per lot. Lafite lies at the northern end of Pauillac. The winning bid was by far the highest price ever paid for a single bottle of wine. Every year, a different artist is commissioned by the winery. 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. Over time, the tannins loose a lot of the fight in them as the remain in an anaerobic environment, and mellow. Critics have scored this wine 95 points. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Drinks Business Asia edition? Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. The 1982 Lafite-Rothschild is a wine I have drunk several times, though maybe this is the first time in magnum. This bottle was a Bordeaux, a 1787 Chateau Lafite, and, according to The Guinness Book of World Records, 18 years later it still is the world's most expensive bottle of wine.Its great age alone . Each spring after harvest, an event called. Simply put it, it's just so good! If this first auction day failed, it forecast doom for the chteaux offering their wines on subsequent days. And Salin had another plan in motion. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. The next morning, the price of the 2008 Lafite jumped 20% on the key London markets. Those 2,000 bottles covered 169 vintages taken from the personal family cellar of Baron ric de Rothschild. . During the Second World War the Chteau was occupied by the German army, and suffered heavily from plundering of its cellars. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. Let us guide you through the process behind investing in fine wine. The acidity then rushes in at the very end, causing the wine to become longer. 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. 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. Lafite only produces a few thousand cases of wine each year, which drives up the price. And Salin had another plan in motion. The purity of fruit here really pushes through to the finish. Lafite only produces a few thousand cases of wine each year, which drives . Stored in bonded warehouse with duty and sales tax suspended. In-stock and available for sale at the price shown. There is no doubt that this is one of the best Bordeaux wines ever made. 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. 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. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. But Salin had something up his sleeve that he hoped would give the auction a boost. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. Sold in 2004, this is regarded as one of the most expensive American wines ever sold. 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. "There was a big round of applause, some cheers, and a little bit of shock and amazement," recalled Robert . With a surprisingly clever search engine alongside bottle reviews and articles from trusted voices in wine, youre just a click and a clink away from your new favorite bottle. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. I was blessed to have drunk quite a number of Petrus vintages. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around the world. Winemaking practices have changed little at Lafite. Krftiges Rubingranat, gute Farbtiefe, orangefarbene Reflexe, breiterer Wasserrand. If you disable this cookie, we will not be able to save your preferences. XVAW00000101625, You must be 18 or over, or the legal age in your region to use the services of Cult Wines. First, the wine is produced in very limited quantities. The 1982, considered one of the best vintages of last century, was the most expensive lot fetching $42,350, including a 21 percent commission known as buyers premium. 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. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. The Drop is an online magazine that connects people to wines theyll love. He knew the number eight is considered extremely lucky in Chinese culture, so hed arranged to have the Chinese symbol for the 8 in 2008 , discreetly engraved in the lucky color red, just above the label. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. 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. 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. 06350591 | VAT No. Winemakers have discovered that vines which yield a smaller amount of fruit make better wines because there is a greater concentration of flavor in the grapes. 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. Will His AI Plans Be Any Different? 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. This means that every time you visit this website you will need to enable or disable cookies again. 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. A case of 1982 Chateau Lafite helped Christies International raise $819,715 in its first exclusively online wine auction yesterday. 6 bottles per lot. The chteaux take these reactions into account when they come up with the wines release price. Christies International Head of Wine Tim Triptree MW explains why its so highly sought after. 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. If you continue to use this site we will assume that you are happy with it. A year after he took over the management in 1974, he hired Professor Emile Peynaud as consultant. Second, the grapes used to make Lafite wine are of the highest quality. You can find out more about which cookies we are using or switch them off in settings. The grapes are grown in the best vineyards in Bordeaux and are carefully selected to create the perfect blend. The wines are then released to wholesalers, who get it at a lower price than everybody else. He knew the number eight is considered extremely lucky in Chinese culture, so hed arranged to have the Chinese symbol for the 8 in 2008 discreetly engraved in the lucky color red, just above the label. Chteau Only twelve copies of this doll were made by Mattel. I was so happy that day! The best Chateau Lafite Rothschild should be aged at least 15 years in a glass. 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. 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. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. 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. Talk about opening with a bang! - 94/100, Tom Cannavan, Standard delivery next day Some less well equipped estates had trouble controlling fermentations during the hot weather, but this was not an issue at Lafite. (AG) (3/2014) Good full, deep red. A bottle of 1869 Lafite had an estimated price of $8,000. They should be fine 2017 is potentially a very good vintage. A good Bordeaux from a good year can age for decades because the tannins in the wine act as a natural preservative. It simply oozes class. 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. 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. It looks like you're in Asia, would you like to be redirected to the Because saliva builds up in the mouth all day, it can alter the taste of wine. - New York - USA, Messe Dusseldorf When we discussed the 08, I said, Why dont we do that? Salin recalls. This beverage is very sleek, full of black tea, currant, and crushed fig fruit, as well as subtle smoke, incense, and tar. Since then, the overall Chinese wine market has become globally significant. A variety of chteaux can be used for power, but Lafite is the ideal wine for elegance and grace. This vintage could well go down in history as the most expensive bottle of wine never sold. Well, youd hardly keep it under the stairs, would you? Many people do not know why Lafite '82 is expensive, now I will tell you. It is considered by some to be the best wine to come out of Bordeaux. The growing season follows a similar pattern to 2016, 2018 and 2019, in that we had a wet spring followed by a dry, hot summer, topped off by a warm, dry harvest. 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. 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 . 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. Flight 4 d'Yquem 1975. . 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. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. Rather more closed on the nose. Chateau Lafite tastes like a fine wine should taste. All of these factors combine to make Lafite wine one of the most expensive wines on the market. 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. With Christmas around the corner, here's this year's best Bordeaux in case you need to stock up. Our story, setting a new standard for fine wine investment. French wine production from the 2017 harvest will fall to historic lows due to damage from spring frosts, officials have estimated. Check with the merchant for stock availability. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. Learn More >, The Drop is an online magazine that connects people to wines theyll love. A single night in Hong Kong in 2010 proved a turning point in the history of wine. Phone: +254 727 612 142. 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. Third, Lafite ages its wine for a longer period of time than most other producers. Estimate: 3,000-4,000. Chateau Margaux, 2009 - 122,380. Unfinished and not yet bottled. The Krug 1928 set a new record in 2009 at Acker Merrall & Condits first ever Hong Kong sale. Wine Lists. 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. The chteaux take these reactions into account when they come up with the wines release price. 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. No. 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). In this week's episode, we hear how LaRussell first started gaining traction in his hometown of Vallejo, how he landed appearances on some of the premiere hip-hop radio shows, and why he's turned down offers from every major label in pursuit of building an independent empire. Indeed, some criticised the vintage at the time for an almost Napa-like (thus atypical) opulence and predicted a short life for the wines. Rather more closed on the nose. In der Nase feines florales Bukett, nach Herzkirschen, zart nach Orangenzesten, Lakritze und Brombeeren klingen an, floral nach Lilien, ein Hauch von Zedernholz, Steinpilzen und Schokolade. The estate, which is owned and operated by the family, produces a wide range of wines, including red, white, and ros. He enjoys participating in the final blending, though is willing to be overruled by his team of professionals. View our latest reports to see how the fine wine market is doing. Limited availability. There was also plenty of the 2008 vintage on offer, but its fate was less certain. Why is Petrus so expensive apart from the common logic of supply and demand? Mobile: +254 798 368 561. 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. [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]. Flat Rate $9.99 Ground Shipping in CA Ship to the whole of the USA. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Pauillac has a fantastic terroir near the Gironde estuary, so a Lafite from this region is ideal. Cult Wines is proudly invested in offsetting carbon emissions through dedicated projects around the world, championing sustainability, supporting ethical practices and actively contributing to the future of the wine industry with impactful initiatives. The grape varieties are Cabernet Sauvignon (70 per cent), Merlot (25 per cent), Cabernet Franc (3 per cent) and Petit Verdot (2 per cent). The palate is wonderfully concentrated and sonorous; it seems to extend in a column of dense black fruit. drinkable). 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. Mixed formats support both near- and long-term drinking. At the time the sale set a record for the most expensive bottle of wine ever sold at auction, clocking up a whopping $29,000 per glass! They're wrong. Vintages at Chteau Mouton Rothschild are known for their distinct labels. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. The 2008 was a good, but not great, vintage and the scores it had achieved from the all-important wine critics reflected that. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. As our search for the world's most popular wines nears its end, we visit one of the great regions. 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. More shipping infoShipping info. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. So, now you know why the '82 Lafite is so expensive, right? 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. 2022 Distillery.Sale All rights reserved. More shipping infoShipping info, Guaranteed provenance The soil is deep gravel on perfectly drained, gently undulating slopes. There have been many notable events at the estate over the last century. Chateau Lafite Rothschild, 1869 163,000. In Bordeaux, 2016 was a strange year. Although your wine cellar might be valuable, sharing bottles with friends is priceless. 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. Pauillac is a well-regarded a commune and appellation on Bordeaux's Mdoc peninsula. When Salin joined Lafite as its new director in 1985, he intended to use Lafites reputation to full advantage. Although it eventually cooled after reaching. 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. In 1994, Bordeaux was experiencing a sluggish sales period, so chteaux were raiding cellar reserves and selling previous vintages cheaply. Because his zodiac sign was Aries, Baron Philippe de Rothschild depicted two rams in his coat of arms. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). Why is Lafite so expensive? Soon after, it was available in the United States at $300 (now $600). It's not just an asset, it's an experience. Of course, the influence of cinema is also huge, with a Hong Kong-made film contributing to this legendary story set in China. Led by media professionals, The Drop is an entity in its own right, free of commercial interference of any kind. The vines are planted in well-drained soil made up of fine, deep gravel, mixed with aeolian sand on a subsoil of tertiary limestone. 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 Wine and Spirits Wholesalers of America have claimed teenagers are buying wine online. World Class Wine. What is the Difference Between Wine and Cocktails? $ 3,548.92. Great length and probably a few years off its peak. 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). Christian Seely, Bordeauxs director of estates, oversees a portfolio that includes the estates of Pichon-Longueville-Baron, Pibran, Petit-Village, and Suduiraut. When the hammer came down on the extraordinary sale of a bottle of 1869 Chteau Lafite, history was made. Its vines are Cabernet Sauvignon, Cabernet Franc and Marselan. From Barolo to Bordeaux, these wines are steeped in tradition. Theres a world of difference between carefully-preserved decades-old vintages and two-for-a-tenner bottles of plonk on sale in the supermarket, not least the price tags. When the 1855 classification was made, Lafite was listed first among the four first growths earning the reputation 'the first among the firsts'. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. He claims that the 10s brought a new energy to structure. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. The tannins are well balanced and the finish is smooth. But selection for the grand vin was less stringent than it would become from 1985. The debonair Baron Eric is serious about his wines. In 1868 the Chteau was purchased by Baron James Mayer Rothschild for 4.4 million francs, and the estate became Chteau Lafite Rothschild. Fourth, Lafite is one of the most prestigious wine producers in the world. 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. But what happened that night wasnt just a coup for Lafite. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Chteau Lafite-Rothschild 2005. 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. We've finally reached the summit of our search for the world's most popular wines. Long-term drinking is supported by both the short and long-term use of mixed formats. [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.