26 Jul '17, 5pm

Best Of Panama Coffee Breaks World Record Price

Best Of Panama Coffee Breaks World Record Price

The Best of Panama auction concluded last week, and the “a cup of coffee shouldn’t cost $3” crowd may want to stop reading here (or, y’know, stop holding such a narrow view of such a wide-ranging product). The highest selling of the 51 lots went for a staggering $601 per pound , setting a new world record. A naturally processed Geisha, the 100lb lot came from the Cañas Verdes Farm —part of the famed Hacienda La Esmeralda in Boquete—and scored a whopping 94.115 on the cupping table. The lot was purchased by Jason Kew of Kew Specialty Coffee Co LTD of Korea. The $60,100 total price tag is nothing short of impressive, unless you are Daniel Peterson, the owner of Hacienda La Esmeralda, who is quoted in Panama Today as saying, “We were not impressed.” And though it was the clear winner of the day, the Cañas Verdes natural Geisha was but one of many lots to make waves at the 201...

Full article: http://sprudge.com/124139-124139.html

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