CorkonomicsThe economics of wine production, collection, and vineyards
The numbers
Vineyard land · Pauillac≈$2,798,250 a hectare▼ down 17% on 20232024Opening price · Château Lafite Rothschild 2025≈$376 a bottle▲ up 17% on the year beforeSold at auction · Romanée-Conti Grand Cru, DRC 2019$22,917 a bottleSotheby's, Sep 2026Cost to make one bottle · Burgundy grand cru (Pinot Noir)$48–283US duty on wine from · Canada+50%since Aug 2026Everyday bottle in a US shop$13.77 a litre▼ down 1.3% in a yearSep 2026Vineyard land · Margaux≈$1,567,020 a hectare▼ down 7% on 20232024Opening price · Château Cheval Blanc 2025≈$376 a bottle▲ up 22% on the year beforeSold at auction · La Tâche Grand Cru, DRC 2018$5,417 a bottleSotheby's, Sep 2026Cost to make one bottle · Champagne prestige cuvée$26–89US duty on wine from · Australia+12.5%since Jul 2026Vineyard land · Côte-Rôtie≈$1,511,055 a hectare▲ up 8% on 20232024Opening price · Château Mouton Rothschild 2025≈$336 a bottle▲ up 19% on the year beforeSold at auction · Richebourg Grand Cru, DRC 2012$3,542 a bottleSotheby's, Sep 2026Cost to make one bottle · Bordeaux classified growth (2nd–5th)$17–61US duty on wine from · New Zealand+12.5%since Jul 2026Vineyard land · Côte de Nuits grand cru≈$7,275,450 a hectare2019Opening price · Château Palmer 2025≈$268 a bottle▼ down 19% on the year beforeVineyard land · Pomerol≈$2,238,600 a hectare2023
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Auction results: E. Guigal, Côte-Rôtie La Landonne 1999

What bottles fetched when collectors sold them at Christie’s, Sotheby’s and Hart Davis Hart, lot by lot, as each house published it.

An open wooden wine case beside an auction gavel

Market

Auction results: E. Guigal, Côte-Rôtie La Landonne 1999

What bottles of the wines in the ledger fetched at auction, lot by lot, from the results the houses publish themselves. Each row is one lot: the sale, the format and the price as the house published it. Nothing is converted, averaged or turned into an index.

3 lots on record · clear filters · sources

How a wine auction works

A collector sends bottles to an auction house. Bidders compete, the hammer falls, and the winner pays the hammer price plus the house’s fee, usually 15 to 25 percent.

These are real sales, so they show what someone actually paid for a famous bottle.

An auctioneer’s gavel and a row of dusty old bottles on a green cloth in a sale room
Christie's10,575 lotsMar 2021 – Sep 2026 · 138 sales · 56 wines
Sotheby's38 lotsSep 2026 – Sep 2026 · 2 sales · 8 wines
Sale dateWine and vintageHouse and saleLotFormatLot pricePer bottleRecord
Jun 2025 E. Guigal, Côte-Rôtie La Landonne 1999E. Guigal, Côte Rôtie, La Landonne 1999 Christie'sThe Cellar of William I. Koch: The Great American Collector Day II (sale 24201) · New York 85012 × 75 cl $9,375$781 Lot page · fee included
Jul 2024 E. Guigal, Côte-Rôtie La Landonne 1999E. Guigal, Cote Rotie, La Landonne 1999 Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong 4401 × 75 cl ≈$446≈$446 Lot page · fee included
Jun 2022 E. Guigal, Côte-Rôtie La Landonne 1999Guigal, Côte-Rôtie, La Landonne 1999 Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles 3181 × 75 cl $625$625 Lot page · fee included
Prices are in the currency of each sale. Christie’s and Sotheby’s prices include the buyer’s fee. Hart Davis Hart prices are before it.

Sales covered, most recent first

The two dozen most recent sales that included wines we follow.

Wines with auction results

Pick a wine to see what its bottles sold for.