Hacienda La Esmeralda Red Label Geisha Coffee Bean Price List 2018 Geisha Coffee Bean Price Guide

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Esmeralda Special Auction 2018

The annual Esmeralda Special Auction began on June 12, 2018, Greenwich Mean Time, with the auction results revealed in 3 hours, 18 minutes, and 33 seconds.

2018 Hacienda La Esmeralda Geisha Coffee Bean Auction

Since Geisha has always dominated people's discussions, in the eyes of coffee professionals, Geisha is undoubtedly the well-deserved goddess. Countless people are fascinated by its bright and complex floral and fruit aromas, multi-layered high-sweetness fruit notes, and delicate soft acidity.

Geisha participated in the auction in 2004, and the bidding war has already pushed Geisha to astonishing prices. Looking back at the 2017 Panama Specialty Coffee auction, a natural processed Geisha from Hacienda La Esmeralda fetched an astonishing price of $601 per pound, almost double the previous auction. This means that one kilogram of green beans cost as much as 8,900 RMB.

This year, the champion of the 2018 Panama Coffee Competition is also a Geisha produced by Hacienda La Esmeralda, with a bidding price of $340 per pound, won by HARU International Corp.

Lot ES-Y-1

Harvest Date: January 31, 2018

Processing Method: Washed after 48 hours of yeast fermentation, then dried on African beds for 4 days

Altitude: 1,600 meters

Region: Cañas Verdes, Palmira

Estate: Cañas Verdes

Variety: Green Tip Geisha

There are two Geisha varieties: Green Tip Geisha and Bronze Tip Geisha. Green Tip Geisha is characterized by floral aromas, intense acidity, and sweetness. In contrast, Bronze Tip Geisha primarily features body weight and sweetness, with less prominent acidity.

The family's Hacienda La Esmeralda [World Famous Coffee Estate Tour | Panama Hacienda La Esmeralda] operates coffee farms in a corporate manner, acquiring nearby coffee farms at different altitudes and terrains (volcanic terrain), using the most advanced and meticulous production and planting techniques with strict management to produce extremely high-quality Geisha coffee under its coffee farms. Additionally, Geisha variety coffee beans are very suitable for Panama's natural conditions, so the Geisha produced by Hacienda La Esmeralda is open for global bidding as single estate, thus attracting international coffee buyers, roasters, or enthusiasts to compete for purchase.

2018 Esmeralda Geisha Coffee Bean Auction Results

Geisha Categories in This Auction:

Yeast Processing (ES-Y): Four LOT batches, nine boxes of beans

Natural Processing (ES-N): Nine natural processed batches, thirty-five boxes of beans

Washed Processing (ES-W): Two traditional washed batches, six boxes of beans

The champion bid was $340 per pound, belonging to the yeast category Lot ES-Y-1

Natural category highest: $109 per pound, ES-N-9-1

Washed category highest: $105 per pound, ES-W-1-5

How To Bid?

Online bidding is generally the same as bidding for items in real-world auction rooms. Steps:

1. Register as a member on the Esmeralda Special Auction official website:

Website: https://auction.haciendaesmeralda.com/lots/auction/esmeralda-special-auction-2018---hacienda-la-esmeralda

2. Members can purchase samples: Interested bidders can pay attention to the above website from March to April, join as members, pay $250, and receive sample beans, plus participate in 3 auctions.

New Rules for 2018 Esmeralda Special:

The quantity per lot will decrease from six boxes to one box. Therefore, each auction item equals 1 box, a small lot of 50 pounds per box.

3. Bidding: The most important part of the auction is bidding. This online auction site serves as a forward auction. This means that bidding items start at a starting price determined by the auctioneer, and bidders place bids in increments higher than the previous bid. At the end of the auction, the highest bidder wins.

This year's auction starting price was $50 per pound, and this bidding lasted for 3:18:33 seconds

4. Auction End: After winning the bid, coffee will be shipped by air (sea shipping is also available) directly to the specified address, and remittance (price + air freight) takes about 10 days to receive the coffee beans.

2018 Auction Geisha Highlights

According to officially disclosed information,

One of the biggest highlights of this year's auction is the addition of "yeast-processed batches": special yeast is added to the fermentation tanks for 48 hours of fermentation before washing, then dried on drying beds for 4 days. Unique yeast-processed batches. Adding yeast during post-processing makes the fermentation process faster and more thorough, creating special flavors.

Processing: Fully ripe red fruits are hand-picked, filtered out undersized and water-float selected, then soaked in clean water for about 48 hours of fermentation with yeast added, followed by sun drying. Spread on sun-drying beds in about 1-2 layers thickness, through 4 days of sun exposure, average temperature: daytime: 16°C - 23°C, nightly: 10°C - 15°C, completing completely different unique flavors!

Batch Lot ES-Y-1 and Lot ES-Y-2 come from different estates, with similar processing methods and altitudes, and many data points are similar, but ES-Y-1 price is particularly outstanding (expensive)!

Lot ES-Y-1: Processing method: Washed after 48 hours of Type A yeast fermentation, then dried on African beds for 4 days, bidding price $340 per pound!

Altitude: 1,600 masl

Region: Cañas Verdes, Palmira

Estate: Cañas Verdes

Yeast: Trapiche Yeast A Enero (Type A Yeast)

Cañas Verdes Farm

Half of Cañas Verdes was the first farm purchased by the Peterson family in 1967, originally used for raising cattle and growing some coffee. In 2004, the Peterson family bought many small farmlands near Cañas Verdes, incorporating them under their management.

Cañas Verdes natural Geisha has a brilliant record, with the proudest achievement being winning first place in the natural Geisha category at "Best of Panama" 2017 (Esmeralda Geisha Cañas Verdes Natural). This batch came from the 1,800-meter section and set the highest BoP bidding price to date: $601.

Lot ES-Y-2: Processing method: Washed after 48 hours of Type B yeast fermentation, then dried on African beds for 4 days, bidding price $111 per pound!

Processing method: Washed after 48 hours of yeast fermentation, then dried on African beds for 4 days

Altitude: 1,600 masl

Region: Alto Quiel, Quiel

Estate: El Velo

Yeast: Trapiche Yeast B Enero (Type B Yeast)

El Velo Farm

El Velo Farm was acquired by Hacienda La Esmeralda in 2012 and is the newest farm in the estate. El Velo Farm often processes micro-batch coffee beans and sells them in small quantities through direct trade.

For example, Prueba 4 harvest coffee fruits come from the Burton section of El Velo Farm. This batch of coffee beans uses titanium dioxide immersion processing. First, the mature red coffee cherries are pulped, then the pulped coffee fruits are placed in a sealed container filled with titanium dioxide for 62 hours, after which the coffee fruits are dried on a concrete terrace for 32 hours (still with mucilage remaining, so it's honey processing). The terrace temperature is controlled between 17°C to 24°C. Prueba 4 belongs to a special innovative batch from Hacienda La Esmeralda's special reserve section.

Hacienda La Esmeralda actually includes 4 farms: Cañas Verdes, El Velo, Jaramillo, and Palmira. El Velo was the latest estate purchased in 2012, planting 400 different coffee varieties, including Geisha. Here, they are further divided into "Red Label," "Green Label," and "Blue Label."

Understanding "Geisha Coffee Bean" "Red Label" "Green Label" "Blue Label" in 5 Minutes

The annual Red Label auction has ended

This year's 2018 bidding prices are quite reasonable, so we probably don't need to drink expensive beans this year, right?

Geisha Coffee Bean Brand Recommendations

FrontStreet Coffee's roasted Panama Hacienda La Esmeralda Red Label Geisha coffee beans offer full guarantees in both brand and quality. More importantly, they offer extremely high value for money - a 100-gram bag costs only 350 yuan. Calculated at 15 grams per cup, one bag can make 6 cups of coffee, with each cup costing only about 60 yuan. Compared to cafés selling cups for often over a hundred yuan, this is truly a conscientious recommendation.

Important Notice :

前街咖啡 FrontStreet Coffee has moved to new addredd:

FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou

Tel:020 38364473