This better be some good stuff.
This Coffee Just Set a New World Record, Selling at $10,013 per Kilogram
Looking to try some of the most exclusive coffee in the world? Get ready to shell out serious cash for it.
On August 7, coffee companies celebrated the Best of Panamá 2024 Auction, highlighting some of the nation's top producers and their beans. This year's event set a new record when the Elida Geisha Natural Torre coffee lot from the Lamastus Family Estate sold for an eye-watering $10,013 per kilogram.
"Thank you to all bidders, and a special thanks to the lot winners, Saza Coffee from Japan," the estate shared in an Instagram post following the auction. As the estate noted, a portion of the lot was also acquired by Grand Cru Coffee, OKLAO Specialty Coffee, Brew Boyy Crew, Ruber Roastery, Pebble Coffee for Simple Kaffa, Paradise Coffee Roasters, and Ruliweb.
We are humbled and honored to receive such recognition," it added. "After 100 years of hard work and four generations dedicated to this product, achieving such greatness with a company 13,000km away in Japan feels unbelievable. We are beyond grateful and honored. On behalf of the Lamastus family and Panama, we cannot express our thanks enough."
Though really, this sale comes as little surprise to those who know Panamanian coffee best.
"I think this was easily the most competitive year ever," Manuel Barsallo, Panamanian coffee expert and head of quality control, processing, and sales for Café Don Benjie, says. "In Panama, we're not going for quantity. We're going for quality."
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