The most expensive coffee – Hacienda La Esmeralda Special from Panama

Another jewel in the crown of specialty coffees is the Esmeralda special also known as Geisha variety of coffee.  This coffee was sold at the latest auction for $131.50 per pound!!

The most expensive coffee

Hacienda La Esmeralda Geisha – The most expensive coffee

Image Source: Hacienda La Esmeralda

Most of this coffee is sold in batches of 300 lbs at a private auction that is held every year in May. The coffee is classified in to different varieties depending on how high the coffee plantations are. The best quality and the most expensive coffee known as the Esmeralda Special grows up to 1,850 meters above sea level. Then comes the Esmeralda boquete that grows 1,500 meters above sea level.

The registered bidders interested in purchasing the coffee can order a set of samples available at $250/set. These samples are sent to the bidders about 3-4 weeks before the established auction date.

The coffee is produced by the Peterson Family at Hacienda La Esmeralda in Boquete, Panama. It originates in the Boquete region of Panama on Hacienda Esmeralda. The farm was originally purchased by former Bank of America president Rudolph A. Peterson. It is still owned and operated by his immediate family.

It received first place in the Best of Panama competitions in 2004, 2005, 2006, 2007, 2009 and 2010. Esmeralda Special received first place at the Specialty Coffee Of America Roaster’s Guild competition in 2005, 2006 and 2007. Esmeralda Special received the highest score in Rainforest Alliance Cupping for Quality competition in 2004, 2005, 2007, 2008 and 2009.

The producers say that they focus on producing high quality clean cup of coffee than producing container loads of sub-standard coffee.

Meet the Peterson Family and listen to what they have to say about their coffee:

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