Is Liber Pater, the world’s most expensive wine, worth 30,000 euros?

Monday July 08 2019 by Vitisphere

“If I did the same thing with a bottle selling for €50 to €100, people would think I was nice and great. But my production costs are much higher”, is Loïc Pasquet’s tireless response to his many critics.“If I did the same thing with a bottle selling for €50 to €100, people would think I was nice and great. But my production costs are much higher”, is Loïc Pasquet’s tireless response to his many critics. - Photo credit : Alexandre Abellan

Released at 30,000 euros a bottle, the 2015 vintage of Liber Pater is seven times more expensive than previous prices commanded by the Bordeaux estate. Liber Pater, which became the most expensive wine in Bordeaux last year, is now the most expensive bottle of wine in the world, according to marketing statistics collected by Wine Searcher. The Graves wine has now outstripped Domaine de la Romanée Conti.

My yields have been divided by five, I only produced 500 bottles and I only sell 240 bottles for the moment”, said Loïc Pasquet, who founded Domaine Liber Pater in 2006 with its 7 hectares of vines in Landiras. His top label is made entirely from own-rooted vines and he focuses on outstanding wines, echoing the 1945 Romanée Conti from original, non-reconstituted French vines, which fetched a record €484,000 last October.

Liber Pater targets an affluent clientele looking for an experience whose price is commensurate with its uniqueness. As for value for money, “the debate is endless. It's just a question of supply and demand. If people buy it, it's their choice”, countered Fabrice Bernard, president of the online sales website Millésima, which markets bottles of Liber Pater. The merchant will not list the 2015 vintage, but confirms that he has had American, Asian and Russian customers buying Liber Pater for €4,300 including tax. “The wine is good, its price is made possible by very low volumes”, stressed Fabrice Bernard.

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