Lamastus auction sets record with $13,518/kg winning bid
The Lamastus Family Estates has broken their own record of highest price ever paid for a coffee at their auction hosted by M-Cultivo, when their top lot sold for US$13,518/kg to CuppingPost. The lot, noted as a special lot within the auction, was an Elida Geisha Honey Aguacatillo, a rare lot for Lamastus, located within a national park in Panama.
Boquete, Panamá
CultivoCommerce
The challenge
Lamastus Family Estates, a prestigious coffee producer known for its award-winning Panama Geisha coffees, sought a fully customizable auction platform to maintain brand consistency and elevate their brand positioning. Given that they introduce a unique auction concept each year, they required an auction solution that could seamlessly adapt to their evolving needs. Additionally, they needed a solution that would attract premium buyers and help them maximize the value of their coffee lots, reinforcing their reputation for producing some of the most sought-after coffee in the world.
The solution
M-Cultivo worked closely with the Lamastus Family Estates team to deliver a robust, high-performance auction platform tailored to Lamastus Family Estates' specific branding and concept requirements. The platform was customized to reflect the branding and prestige of the Lamastus Family Estates auction, ensuring a seamless and visually compelling experience for buyers worldwide.
US$13,518/kg winning bid
The highest price ever paid for coffee at any auction.
US$274,504 revenue
Total auction revenue across 25 lots.
Premium Lot Prices
Two lots surpassed the US$1,000/kg mark, demonstrating the strong demand for their specialty coffee.
Ready to grow your business?
Join the growing list of world-class coffee producers leveraging CultivoCommerce to connect with global buyers and achieve record-breaking results. Follow in the footsteps of Best of Panama, and let us help you create an unforgettable auction experience that highlights your coffee's excellence and unlocks new opportunities.