The evolution started relatively slow in the first 3 years of release, even though this wine was rated 100 points by Robert Parker Jr. and 100 points by wine spectator in 2003. Chateau Lafite only used 7% of Merlot in the blend and 93% of Cabernet-sauvignon and took some time to convince the American critics to see the potential of this wine. A rise in price in 2006 shows a 100% increase in price in 1 year, to nearly reach the $2,000 mark in late 2007. The economic downturn in 2008 slowed the evolution and a slight fall is visible during that year, yet it stayed above the $1,500 line.
If we compare the 2000 vintage to the 1982, we can definitely expect the price to reach the $3,000 mark over the next 10 years. QC
average price in US$ per 75cl Bottle.
graph source: 90pluswine