Tuesday, January 24

Off the charts - new coffee record

Cup of Excellence last week auctioned off 36 new lots, with great results:

  • "the average lot price for all of the coffee was $4.75lb"
  • "$49.75/lb. for his award winning coffee. "
  • "Brazil’s seventh competition and the 22nd competition for the Cup of Excellence"

For reference, the old "record prize" was around $21. And like the Coffegeek said - this is before roasting, not to mention shipping and retail mark-up. So the streetprice might well end up hitting the $100 mark! Now that is a serious buzz. Still nice to see the CoE going strong, with the average price inching upwards.