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$500.50 a pound for coffee beans

June 19, 2012 Posted by Chris Tingom Filed under Coffee

At an online auction on Tuesday, a lot of green, or unroasted, coffee beans from Finca El Injerto in Guatemala sold for $500.50 a pound, one of the highest prices ever paid for coffee.

Source: The New York Times

2 comments

  1. 4:26 pm // June 19, 2012

    Denny Robert says:

    Sounds like the law diminishing returns to me. There isn’t a coffee in the world worth that (to me, obviously someone paid it).

    I hope it plates your teeth in platinum as you sip it.

  2. 8:03 am // June 20, 2012

    Chris Tingom says:

    I just realized my typo in the headline, too. I’ll adjust it from $550.50 to $500.50 (the actual cost).

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