Yes, a Pack of Panama Geisha Coffee Beans Really Did Sell for $1,029 | Updated in 2023
Gourmet coffee isn’t what you’d call a rare commodity or a new concept born in 2023. The whole third wave coffee movement has been doing its thing for some time now, bringing remarkable products like Panama Geisha coffee beans into millions of discerning homes worldwide.
Nevertheless, there’s a difference between mainstream gourmet coffee and the kind of Geisha coffee (a.k.a. Gesha coffee) that continues to set records. If you’d heard rumors about a recent batch of Panama Geisha coffee beans selling for more than $1,000 for a single 1 lb (i.e. 454 grams) bag, we can tell you it’s all 100% true!
The World’s Most Expensive Coffee
It was in May 2019 when one of the world’s most prestigious independent specialty coffee farms - Lamastus Family Estates – basically wiped the floor with the competition to take home the Best of Panama (BoP) top prize. Their exquisitely produced Elida Geisha Green Tip Natural picked up 95.25 out of 100 points – pretty much the highest score ever handed out at the awards.
A couple of months later in July, one bag of the family’s Panama Geisha coffee beans sold at auction for a whopping $1,029. This was the price paid for just a single 1 lb bag of Gesha coffee, instantly making it the most expensive coffee ever sold by a significant margin.
Unsurprisingly, this immediately took the already prestigious reputation of Panama Geisha coffee to an entirely new level on a planetary basis. Those that already knew it wanted more, while those who were just hearing about it couldn’t wait to see what all the fuss was about.
On the opposite end of the scale, you have those who question how any coffee product - even the best Panama Geisha coffee beans – can justify this kind of price. Nevertheless, ask anyone who’s had the pleasure of experiencing it first-hand and they’ll tell you it’s worth every penny…if not more.
Unique Cultivation Conditions
Those who consider themselves to have a taste for the finer things in life often won’t bat an eyelid at the thought of handing over £100 for a bottle of wine or £20 for a single shot of aged whiskey. In both instances, you’re talking artisan products, painstakingly crafted by skilled professionals and often exclusively in specific regions of the world.
It’s no different with Panamanian Geisha coffee beans, which are produced in comparatively small mountainous regions in Panama. From the quality of the soil to the terrain’s exposure to prevailing winds to temperatures humidity and so on, literally everything about this region plays a role in determining the resulting product. And it’s something that simply cannot be replicated elsewhere – thousands have attempted to do so and fallen at the first hurdle.
With Panama Geisha coffee beans, it’s a case of exclusivity and exquisite enjoyment combining to create a product that’s never going to be cheap. So it’s no surprise that when one of the best Gesha coffees ever produced went under the gavel at auction, it fetched the kind of price never paid before for a bag of specialty coffee beans.
You can now order freshly roasted 100% Panama geisha coffee from Hayman’s online store. It is available as whole bean, ground coffee, Nespresso compatible capsules*, and also as coffee pods compatible with Keurig K Cup coffee makers (incl. Keurig 2.0 models)** – click here to order now, we are offering free worldwide shipping for all purchases!
* Nespresso® is a registered trademark of Société des Produits Nestlé S.A., unrelated to Hayman®. Our espresso pods are not created or sold by Nespresso®.
** Keurig and K-Cup are registered trademarks of Keurig Green Mountain, Inc. unrelated to Hayman®. Our pods are not created or sold by Keurig®.
