The 1982 vintage for Bordeaux was and still is considered one of the great vintages. $ 3,548.92. Mixed formats support both near- and long-term drinking. It looks like a hill, and Lafite is located on the slope of a hill. 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. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). 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. 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. Occasionally exceptions are made, such as the 1961 vintage which was 100% Cabernet Sauvignon. 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In the years 1945 to 1961, the best time to drink Lafite Rothschild wines is from September to November. 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. 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. Direct from the producer, in-stock and available for sale at the price shown. Serious collectors dont deal in small fry, but are their chequebooks up to the cash demands of the most expensive wines in the world? Should go on for decades. In Bordeaux, as almost anywhere else in the world of fine wine, wines get more expensive as they get older, and that effect accelerates the older the wine becomes. These nuances continue to evolve and change through the wines long life and the type of bottle format will also influence this evolution, as the general rule is that the larger the format the slower the evolution due to less oxygen compared to the volume of wine, which means those lucky enough to have magnums, double-magnums, jeroboams or imperials of Lafite can enjoy their wines over a longer drinking window period. The acidity then rushes in at the very end, causing the wine to become longer. In the white corner by which one generally means Sauternes the best vintages years are 2015, 2014, 2011 and 2009. 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. Our story, setting a new standard for fine wine investment. The cellarmaster in 1982 was Robert Revelle, who succeeded his father Georges. Will His AI Plans Be Any Different? Third, Lafite ages its wine for a longer period of time than most other producers. 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. 1982 Chateau Lafite Rothschild Pauillac, France, Chateau Lafite Rothschild Pauillac, France. After peaking in 2011, however, the price of some vintages halved in two years. It might say Bordeaux in the name, but this isn't some celebration of French wine dominance. Limited availability. Chateau Margaux, 2009 - 122,380. Each spring after harvest, an event called. 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. Fourth, Lafite is one of the most prestigious wine producers in the world. This website uses cookies so that we can provide you with the best user experience possible. Chteau Mouton Rothschild was promoted to the Premier Grand Cru Class after a long campaign for promotion in 1973. Cabernet Sauvignon is the dominant variety, but in some vintages Cabernet Franc, Petit Verdot and Merlot play a part in the blend. 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 . 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. Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and 120 countries around 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. Please sign in or create a free account to . 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. Because saliva builds up in the mouth all day, it can alter the taste of wine. Flight 4 d'Yquem 1975. . 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. Even the best Bordeaux only lasts around 50 years, so why the incredible price tag for this one in 1985? The night had turned into a bidding frenzy, with price after price shattered. But what happened that night wasn't just a coup for Lafite. {"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. Chteau Lafite in Bordeaux. The Premier Cru ponzi scheme has left thousands out of pocket, but there may be a glimmer of hope. In China the name Lafite has the most extraordinary and unexpected resonance. 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. Will there be any dramatic changes at the heart of the wine world? 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. Lafite was one of five wine-producing chateaus of Bordeaux originally awarded First Growth status in the 1855 Classification. The Anglocentric language of wine is increasingly exclusive to the wider wine world. 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. drinkable). The bottles had been shipped directly from Lafites own cellars; among them, a bottle of 1869 Lafite, its price estimated at $8,000. Chteau Lafite-Rothschild 2005. articles a month for anyone to read, even non-subscribers! Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. 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. 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. 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. It is important to note that the final blend is almost always close to 90% Cabernet Sauvignon. 1982 Bottle (750ml) 1982 Chateau Lafite Rothschild, 750 ml. CA: Los Angeles. The 1982 vintage is one of the best wines I have had the privilege to taste when it is on song, with impressive concentration of cassis fruit character with the classic cedar and cigar box aromatics, supremely well balanced and the finish went on and on a truly impressive wine! The bottle of 1869 with an estimated price of $8,000? Could there be a changing of the guard among Bordeaux's top producers? to put under the hammer. 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. Great length and probably a few years off its peak. So, now you know why the '82 Lafite is so expensive, right? 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. 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. The mystique extends beyond the wine in Beijing, there is a La Fite. Wine-Searcher's historical data and benchmark analysis provides trustworthy and valuable insights into likely market trends. 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 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. 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. And it would be a public humiliation for one of the wine worlds premier chteaux. Little did he know that the "82 Bordeaux would be released to the public as being slow to ripen and full of potential. Hassle-free and easy, our plans and fees are simple and transparent. 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. GB 129 9514 84 | AWRS No. Chteau Only twelve copies of this doll were made by Mattel. More shipping infoShipping info, Guaranteed provenance Well, youd hardly keep it under the stairs, would you? In 2011, he moved forward with planting grapes in Chinas Shandong Province and soon after built a new winery named. Discover our range of fine wines from around the world. And it was our thank you to China for helping us through the years., But what happened that night wasnt just a coup for Lafite. Four good reasons to indulge in cryptocurrency! Drinks Business Asia edition? The soil is deep gravel on perfectly drained, gently undulating slopes. More importantly, it was one of only four Bordeaux wineries given the top First Growth rating when the regions wine merchants drew up a quality classification in 1855. Price starts low and is sold to the highest bidder. in 2017, China had in a few short years asserted itself as a wine-buying nation equal to anywhere in Europe or the Americas. Today the vineyard is 107 hectares, but back then it was about 90ha still larger than any other first growth. Once again, the 1982 Lafite is at its peak (i.e. [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. I have been fortunate to taste Lafite on many occasions. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. So, what makes Lafite wine so expensive? ! [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. 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. . Talk about opening with a bang! This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. 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, 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. The 1982 vintage was a turning point, after which the quality of Lafite began to become solid. The chteaux take these reactions into account when they come up with the wines release price. 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. 2 magnums per lot. Robert Parker said the wine reveals considerable tannin as well as amazing, atypical power and concentration for Lafite, and rated it 100. Half of those cases went to China. Lafite only produces a few thousand cases of wine each year, which drives up the price. In Bordeaux, 2016 was a strange year. 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. The significant role played by bitcoin for businesses! However, it should be difficult for you to buy a real bottle of 82 Lafite nowadays, as it is relatively rare and some wine merchants and collectors do not offer it easily, so we can only look at it from afar but not play with it. 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. [3] Although vines almost certainly already existed on the site, around 1680, Jacques de Sgur planted the majority of the vineyard. BEVERLY HILLS A case of 1982 Chateau Lafite Rothschild Pauillac, one of three such cases with bottles in original tissue, realized $41,175 to top Heritage Auctions' $1.76 million Wine Signature Auction, which sold 100% by value and 100% by lot. Grapes must be planted in well-drained soil, which is rich in fine, deep gravel and aeolian sand. Inglenook Cabernet Sauvignon Napa Valley, 1941 17,250. Covid has seen a lot of unspent wealth build up and wine is reaping the benefits. That is certainly the case with the 1982 Lafite. And the owners of Lafite's range of basic Bordeaux generic wines called Lgende sell . The wines are then released to wholesalers, who get it at a lower price than everybody else. There was a lot at stake. 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. The wine producers were classified according to a chteaus reputation and trading price, which, at that time, was directly related to quality. The designations remain in force today, putting Lafite at the pinnacle of Bordeaux. - 94/100, Tom Cannavan, Standard delivery next day Or youre an unabashed cork dork hunting for that Slovenian stunner you sipped on vacation. There is no doubt that this is one of the best Bordeaux wines ever made. The Global Financial Crisis was still in full swing, and collectors across the world, including in the all-important U.S. market, had abandoned expensive wines. 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. 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. (AG) (3/2014) Good full, deep red. It was October 2010, and auctioneer Jamie Ritchie of Sothebys was in the room, preparing to open the bidding on top wines of Bordeaux. We are using cookies to give you the best experience on our website. Chteau Lafite-Rothschild 2005. takes place, to which wine merchants and journalists are invited to taste the wine while its still in the barrel. [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. 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. There is a deep seam of black plum and liquorice with some nuances of minerals and earth, but this is deep, dense and savoury. Wine has a proven track record of returns and resilience in an unstable market. 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. During the ageing period, the wine would have been regularly racked and then fined before bottling. Lafite currently has 112 hectares under vine and is planted to 70% Cabernet Sauvignon, 25% Merlot 3% Cabernet Franc and 2% Petit Verdot. The winery produces both a white wine, Aile dArgent, and a red wine, Rouge dArgent, in addition to Aile dArgent. Merlot has become more prominent in recent vintages, as has a more traditional approach by Salin and Chevalier. Stores and prices for '1982 Chateau Lafite Rothschild, Pauillac' | tasting notes, market data, prices and stores in Singapore. Found to be the most expensive wine in the world on the market currently, Henri Jayers Richebourg Cru taking top spot has surprised oenophiles everywhere, with many assuming a Romanee-Conti would take poll position. [17] In 2019, the estate debuted its first vintage from its Domaine de Long Dai winery in Shandong. Then it indirectly helped to advertise Lafite '82. Why is Lafite so expensive? 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Wine investment insights delivered straight into your inbox weekly. Chateau Ducru-Beaucaillou, Saint-Julien, France, Chateau La Mission Haut-Brion, Pessac-Leognan, France. [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. Not only that, but while Hong Kong had its share of wealthy collectors, wine drinking was not yet widespread in mainland China. 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