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葡萄园土地 · Pauillac≈$2,798,250 一公顷▼ 下 17% on 20232024开售价格 · Château Lafite Rothschild 2025≈$376 一瓶▲ 上 17% 较上一年拍卖成交价 · Romanée-Conti Grand Cru, DRC 2019$22,917 一瓶Sotheby's, Sep 2026每瓶酿造成本 · Burgundy grand cru (Pinot Noir)$48–283美国对来自以下地区葡萄酒征收的关税 · Canada+50%自 Aug 2026美国商店的日常餐酒价格$13.77 一升▼ 下 1.3% 每年Sep 2026葡萄园土地 · Margaux≈$1,567,020 一公顷▼ 下 7% on 20232024开售价格 · Château Cheval Blanc 2025≈$376 一瓶▲ 上 22% 较上一年拍卖成交价 · La Tâche Grand Cru, DRC 2018$5,417 一瓶Sotheby's, Sep 2026每瓶酿造成本 · Champagne prestige cuvée$26–89美国对来自以下地区葡萄酒征收的关税 · Australia+12.5%自 Jul 2026葡萄园土地 · Côte-Rôtie≈$1,511,055 一公顷▲ 上 8% on 20232024开售价格 · Château Mouton Rothschild 2025≈$336 一瓶▲ 上 19% 较上一年拍卖成交价 · Richebourg Grand Cru, DRC 2012$3,542 一瓶Sotheby's, Sep 2026每瓶酿造成本 · Bordeaux classified growth (2nd–5th)$17–61美国对来自以下地区葡萄酒征收的关税 · New Zealand+12.5%自 Jul 2026葡萄园土地 · Côte de Nuits grand cru≈$7,275,450 一公顷2019开售价格 · Château Palmer 2025≈$268 一瓶▼ 下 19% 较上一年葡萄园土地 · Pomerol≈$2,238,600 一公顷2023
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How wine auctions work

Hammer prices, buyer's premiums, seller's commissions, reserves and provenance — what the numbers in an auction result actually mean.

An auctioneer’s gavel and a row of dusty old bottles on a green cloth in a sale room

已发布 3 September 2026 · 已审阅 September 2026 · Corkonomics 编辑内容 ·

An auction result has two prices: the hammer, which the bidder agreed to, and the total, which adds the buyer's premium of 15–25%. The seller receives the hammer less a commission. Corkonomics records the hammer and the premium separately and normalises to a 750 ml bottle, so an auction observation can be compared with a merchant's asking price.

The mechanics

Lots — a case, six bottles, a magnum — are catalogued with provenance notes and condition (fill level, label, capsule). A reserve is the minimum the seller will accept. Bidding proceeds to a hammer price; the buyer pays hammer plus premium (and taxes); the seller receives hammer minus commission, which is negotiable and can be zero for large consignments.

一个敞开的木质酒箱,旁边放着一把拍卖槌

Why auction prices differ from retail

Auction is where old and rare wine trades, and where provenance is priced hardest: a case ex-château sells at a premium, a mixed lot of unknown history at a discount. Hammer prices are often below retail for young wine (the buyer bears the premium) and above for old wine that no merchant has in stock.

In the ledger

Auction lots are recorded with house, date, lot size, hammer, premium, currency and location, normalised to USD per 750 ml on the hammer. Corkonomics records only results from sources whose terms permit reuse; the table on each vintage page is built for licensed feeds and says so when empty.

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No prior knowledge assumed
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Education, not advice
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The Corkonomics Learn series
最近审核: September 2026报告本页错误

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