A historic coffee auction took place at the Best of Panama, where a record lot was sold for an astonishing US$30,204 per kilogram. This lot, known as GW-01, features the Washed Geisha variety grown by Hacienda La Esmerelda in Panama. The auction attracted significant attention and resulted in a total sale of US$604,080 for the 20-kilogram lot. The winning bidder, Julith Coffee from Dubai, emerged victorious after a competitive series of 549 bids.
• Lot GW-01 is the highest scoring Washed Geisha in Panama, achieving a score of 98/100.
• The previous record for a Washed Geisha was US$10,013 per kilogram, set in 2024.
• Hacienda La Esmerelda also sold other high-scoring lots, including a Natural Geisha for US$23,608 per kilogram.
• The total auction value exceeded US$2.8 million, with an average price of US$2861.20.
This auction highlights the growing demand for specialty coffee and the increasing value of unique coffee varieties. It showcases the dedication of growers and the competitive nature of the coffee market, drawing attention to the artistry and craftsmanship involved in coffee production.
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