Panama: $600 Per Pound Paid for Speciality Coffee

In the international auction known as "The Best of Panama", a pound of Geisha coffee from the farm La Esmeralda Cañas Verdes reached the record price of $601.

Thursday, July 20, 2017

The winning bidder was the Korean company Kew Specialty Coffee Co, which offered the record price of $601 per pound of specialty coffee produced in the mountainous region of Boquete.

See also "Central America: Figures From Coffee Exports"

"... Panama had previously held the world record for the sale of fine coffee via online auctions by selling a pound of geisha at 350.25 in a 100-pound batch in 2013."

"... Other specialty coffees under offer at Tuesday's auction were the washed geisha from the farm Sophia Estate Panamá, which sold for $254.8 a pound; The natural geisha from the farm La Mula, which sold at 165 dollars a pound; and the natural geisha from Hacienda La Esmeralda (151 dollars a pound)."

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$275 Per Pound Paid for Panamanian Coffee

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In the online auction of speciality coffee known as 'The Best of Panama' international buyers paid the record price of $275 per pound for the geisha variety of the grain.

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