The specialized Panamanian coffee again reached outstanding prices on the market with an international electronic auction that closed Thursday afternoon, September 24, with 24,544 offers and a total value of $3,041,940 in sales, product of 50 lots of 15 kilograms each.
The coffees that obtained the highest score in The Best of Panama participated, 40 lots of geisha coffee and 10 lots of varietals. The weighted average ended at $4,055.92 per kilogram, while the maximum price was $18,004 per kilogram, a figure that remained until the closing.
The highest price was for Elida Geisha Torre, a 15-kilogram lot that was awarded by **$270.060 * *. The highest price was for the Elida Geisha Torre, a 15-kilogram lot that was awarded for $270,060. The coffee received 736 bids and was acquired by MK JD.com from China.
The result means that barely 15 kilograms of this coffee reached a value of more than a quarter of a million dollars.
The 2026 edition had buyers from the Middle East, Europe, Asia and America, according to reports from the Association of Special Cafes of Panama.
According to reports from the Best of Panama, the winning coffee in price was harvested in a state of maturity called “burgundy”, described as very ripe. After harvesting, it was pulped at noon and subjected to a fermentation process at temperatures between 14 and 17° C.
It was later washed by hand and dried into cold chamber with the same temperature range.
The final price and process make Eleda Geisha Torre the most expensive batch of this auction issue with a price per kilogram equivalent to about 4.4 times the final weighted average.
The most important movement during the final hours of the auction was with the Lérida Waterfall Geisha Natural, identified as GN-01.
The lot ended at $13,505 per kilogram, for a total value of $202,575, after receiving 1,849 offers.
The result represented an increase from the $11,893 per kilogram that had previously registered and consolidated Finca LéRida’s coffee as the second highest price batch of the auction.
The coffee come from Alto Quiel, at Boquete, about 2,000 metres above sea level. The best cherries were selected by flotation and undergoing cold fermentation. They were later naturally dried to the sun on African beds.
The process sought to preserve the characteristic profile of the Natural Geisha, with a floral and fruit expression.
The third place was Hacienda La Esmeralda Geisha Natural, lot GN-02, which ended up at $10,024 per kilogram. These 15 kilograms were awarded by $150,360 after receiving 532 offers. The winner was SAZA COFFEE.
The Tucaco lot is about 1,750 metres above sea level, in Hacienda La Esmeralda.
Following production and selection, cherries were moved to a dry room with controlled climate, where temperature and moisture were monitored to allow a gradual and uniform reduction of moisture. The coffee was then moved to a resting period under controlled conditions before its final production for the auction.
The three highest price lots jointly generated $622,995, equivalent to approximately 20.5% of the total value of the auction.
The Elida Geisha Torre contributed $270.060, the LéRida Waterfall Geisha Natural, $202,575 and the Hacienda La Esmeralda Geisha Natural, $150,360.
The competition was also intense in terms of offers.
The Lérida Waterfall Geisha Natural (GN-01), who finished second in price, received 1,849 offers, while the Ilida Geisha Rúta, another natural geisha coffee identified as GN-03 accumulated 1,514 and closed at $10,008 per kilogram, with a total value of $150,120, sold to The Espresso Lab in Dubai.
