Kotowa Don K Coffee ranks among the types of naturally processed Geisha.
On Tuesday some of that coffee obtained the price of $93.25 per pound and was acquired by Horiguchi Coffee and Saza Coffee in Japan, after more than three hours of bidding on the website www.stoneworks.com.
According to Prensa.com, "The Baby Geisha Natural by Coffee Ruiz was purchased for $86.50 and the Mama Cata Geisha Special from the Garrido farm, was bought by the Japanese Saza Coffee for $80.25. The lowest price offered in the auction, which began at 1:30 pm and ended at 3:07 pm, was for $7.75.
'We are satisfied with the price obtained and the fact that there are more varieties and ways to process coffee," said Ricardo Koyner from Kotowa coffee."
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The final price of the aromatic grain from the farm Hacienda La Esmeralda reached a record high during the online auction entitled "The Best of Panama 2013".
Prensa.com reports that "the grain was purchased by the companies Saza Coffee, in Japan, and Haaya Gourmet Coffee, in Taiwan".
In the electronic Cup of Excellence auction 46 lots were sold, with maximum payments reaching $1,410 per hundredweight.
Without beating the prices paid at the auctions of specialty coffee in Costa Rica, Nicaragua and El Salvador, in Panama lot of Esmeralda Geisha Natural Jaramillo coffee, from the Peterson family, won first place in the auction, with a priced of $140 ,10 per pound.
The winner in the category Exotic Natural was the lot Geisha Natural Jaramillo submitted by Hacienda La Esmeralda, which along with the winners in the other categories, will be auctioned online on June 23.
Second place was awarded to a batch of Jose Gallardo Geisha, with a score of 93.1, which was also a winner in the washed exotic coffees category.
June 11 will see the international auction via the internet of specialty coffees from Panama, from the district of Boquete, in Chiriqui.
According to Plinio Ruiz, president of the Specialty Coffee Growers of Panama (SCAP by its initials in Spanish), there will be 25 lots of coffee in the auction which were the winning entries in the Best Of Panama contest recently held in Boquete.