The Guatemala Times published a previous article about Cup of Excellence with the prospective dates of auction of best coffees for 2008.
The auction of Cup of Excellence was effectively held on June 12, 2008. Guatemala won the equivalent of the "Oscar" for highest paid coffee in Guatemalan history and the world. Finca El Injerto from Huehuetenango has become the most expensive coffee in the world, selling at a record US$ 80.20 per pound.
Record prices per country:
| Country | Price USD | Country |
| Guatemala | $80.20 | 2008 |
| El Salvador | $20.10 | 2008 |
| Nicaragua | 18.55 | 2008 |
| Costa Rica | $15.10 | 2008 |
| Bolivia | $21.10 | 2007 |
| Honduras | $18.70 | 2007 |
| Colombia | $19.20 | 2007 |
| Brasil | $13.20 | 2006 |
We at The Guatemala Times celebrate this day with a good cup of coffee and some champurradas.
