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Philly's $100 Cheesesteak

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May 15, 2008 9:30 am US/Eastern

Philly's $100 Cheesesteak

A Look At Philly's Most Expensive Sandwich

Reporting
Nicole Brewer
PHILADELPHIA (CBS 3) ― Sliced, sizzled and slathered with cheese ... the famous Philly cheesesteak serves as an iconic representation of our city and now, an expensive luxury.

That's because Chef James Locascio, of Rittenhouse Square's Barclay Prime, created Philadelphia's "haute" cheesesteak, an upscale version of the sandwich that includes butter poached lobster and shaved truffles.

"It's every ingredient you want to try in a life time in one," said Locascio.

Still, that kind of lavishness doesn't come cheap. For one cheesesteak, expect to pay $100. That is nearly 15 times more than the original.

"We made sure we had the best beef we could find, the best lobster and the right cheese," explains Locascio.

To get top of the line ingredients, Locascio says it costs $17 per pound for cheese, $21 per pound for Kobe beef and $900 per pound for summer truffles.

So who buys the costly sandwich?

On average, five or six customers order it per night and many share it as an appetizer.

Locascio says, "It all adds up, a quarter of a million dollars a year in cheesesteaks is pretty good."

With other steak shops selling their sandwich for about $7 a pop, you might say that's really good.

RELATED LINKS:

barclayprime.com

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