Aug. 8 (UPI) -- Panamanian Geisha coffee made history again at the recent 2025 Best of Panama international online auction, selling for a record $30,204 per kilogram or $13,705 per pound.
The winning lot, a washed Geisha grown by Hacienda La Esmeralda in Boquete, Chiriquí, was purchased by a buyer from Dubai, marking a new high in the global coffee industry, the Panamanian newspaper La Prensa reported.
In the natural Geisha category, also from Hacienda La Esmeralda, a buyer from China paid $23,608 per kg., or $10,709 per pound, while in the varietal category, a lot of the Laurina variety sold for $8,040 per kg., or $3,647 per pound, to a buyer in Beijing.
In total, 30 of the 50 lots offered exceeded $1,000 per kg., of $454 per pound, generating record sales of more than $2.8 million and an average price of $2,861.20 per kg., or $1, 298 per pound -- more than double the figure recorded in 2024.
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