The coffee from the Don Pachi State farm was sold at $111.50 a pound.

A total of 30 lots of specialty coffee were traded totaling $176,837.

Francisco Serracín owner of the Don Pachi State Farm, told Prensa.com, "there were 30 lots in the auction, 25 washed coffees and five natural ones, the latter were produced using a new method that was introduced this year."

Source: Prensa.com

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Online Auction of Panamanian Specialty Coffee

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Online Auction of Best Panamanian Coffee

May 2011

Lots of coffee from 30 plantations will compete in this year's auction entitled ‘The Best of Panama 2011’.

Buyers from U.S., Japan, Australia, Taiwan and Europe among others, will participate in the on-line auction on May 24, 2011, said Francisco Serracín, of the Specialty Coffee Association of Panama.