[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. The wines were ranked in importance from first to fifth growths (crus), with four first growths listed initially (Mouton Rothschild was added in 1973). China's Vintage Alco Pop? Explaining Maotai's Price Spiral - WSJ 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 . A case of 1982 Chateau Lafite helped Christie's International raise $819,715 in its first exclusively online wine auction yesterday. Direct from the producer, in-stock and available for sale at the price shown. Within the five rarefied first growths, Lafite is perhaps the wine with the best reputation for quality and longevity, commanding correspondingly high prices. 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. 1982 Lafite-Rothschild, Pauillac (1.5L) - SKU 998155 - K&L Wines 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. The remaining vintage years of the 21st century have all otherwise been reasonable quality, although the 2013, 2010 and 2005 stand out above the rest. Our wine director takes a more detailed look at his picks from the most recent Bordeaux vintage, appellation by appellation. Chateau Lafite is considered an expensive wine, but its price point varies depending on the vintage. Offered in The Treasury: Finest Wines from a Peerless Collection on 29 September 2022 at Christies in London. Why is everything so expensive? A quick look at what 1982-level It is considered by some to be the best wine to come out of Bordeaux. 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. This website uses cookies so that we can provide you with the best user experience possible. This rare six-litre bottle of Bordeaux wine was sold to a private collector during a sale at Christies in Geneva. The wines are then released to wholesalers, who get it at a lower price than everybody else. To give you the best search experience, we use cookies for remembering your search filters, personalizing content, and analyzing how the website is used. Estimate: 3,0004,000. Is it familiar? Wine has a proven track record of returns and resilience in an unstable market. In France, Lafite became known as the King's wine, after being introduced to the Court at Versailles by Marchal Richelieu. The coveted title of most expensive Champagne is constantly on the move, claimed by just two other vintages during the last decade. According to the 1855 Classification of the Bordeaux Grands Crus Class prepared for the Universal Exhibition in Paris, Lafite was officially ranked first. Maybe youre looking for the perfect prosecco to bring to a surprise party. 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.