Chateau Lafite Rothschild: Exquisite Wine from Bordeaux
Filed under: Wine

It's safe to say that Halloween isn't celebrated in Asia with quite the same vigor as it is in the U.S. But this year, the last week of October brought some scary wine prices to Hong Kong: a lot of three bottles of 1869 Chateau Lafite Rothschild went for $698,076, or $232,692 per bottle---setting a new world record for the most expensive bottle of wine sold at auction.
"I happened to have one, from a different source, a few weeks before the auction and it was fabulous," says Jamie Ritchie, CEO and President of Americas and Asia for Sotheby's Wine. "We served it blind and the nearest guess on the age was 1959. What really made these bottles rare is the fact that they came directly from Chateau Lafite's cellars and were the oldest wines in the auction---you cannot get better provenance than that."
That provenance has been a part of Chateau Lafite for hundreds of years, part of the reason it's the winner of the Luxist Editors' Choice award for best in wine. Lafite's current incarnation dates back to 1868, when Baron James de Rothschild---a patriarch of the famous European banking family of the same name---purchased the Lafite estate, which had already been producing wine for at least a century.

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