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A $75 cup of coffee? They’re all the rage in California

If you thought your $5 morning latte was expensive, think again.

Southern California-based Klatch Coffee Roasters has been selling a $75 cup of coffee, and all sold out.

The company offered a tasting experience at its San Francisco location on May 11 and gave people the option to have some of the coffee shipped to them. According to Klatch’s website, the beans are all sold out.

Why is it so expensive?

The coffee shop is roasting the Elida Geisha 803 coffee beans from Panama. They were sold at $803 per pound, the highest price paid for the beans at the Best of Panama green auction.