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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Domaine Armand Rousseau, Chambertin Grand Cru 2003

2003 was a mixed year in Burgundy. Some estates did well and others struggled.

Save · All vintages of Domaine Armand Rousseau, Chambertin Grand Cru · Compare

Chambertin Grand Cru vineyard in Gevrey-Chambertin, France
Richard Semik · Adobe Stock · Adobe Stock Standard License

What to expect

Quality varied from estate to estate, so the name on the label matters more than usual.

26 of the 29 years we cover for this wine were rated higher.

A glass of red wine on a mossy stone wall beside an autumn vineyard, with a church spire in the mist
The year
Mixed
Last sold at auction for
≈$3,026a bottle · Christie's, Nov 2023
How hard to find
Rare23 years old

Other vintages of this wine

One square for each year. The darker the square, the better the weather was for the grapes. Tap a year to read about it.

ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$2,787 and ≈$3,982 each, across 6 sales since November 2021.

Every sale on record9 lots, each linked to the auction house
$2,500$3,000$3,500$4,00020222023HKD per 75 cl bottle · 2021-11-24 · $2,920HKD per 75 cl bottle · 2022-04-13 · $3,982HKD per 75 cl bottle · 2022-05-22 · $3,186HKD per 75 cl bottle · 2023-05-24 · $3,026HKD per 75 cl bottle · 2023-09-13 · $2,787HKD per 75 cl bottle · 2023-11-02 · $3,026USD per bottle: lot price ÷ bottles in the lotSale date6 lots of 75 cl bottles sold in USD at Christie's · prices as published by each house · ≈ converted to USD at the 9 Oct 2026 rate
Sale dateHouse and saleFormatLot pricePer bottle
Feb 2026Christie'sFinest and Rarest Wines & Spirits Online New York: The Icons Collection (sale 24587) · New York · lot 1221 × 75 cl$2,500$2,500
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 55012 × 75 cl$32,500$2,708
Nov 2023Christie'sThe Exquisite Burgundy Collection: Online (sale 23106) · Hong Kong · lot 771 × 150 cl≈$6,371≈$6,371
Nov 2023Christie'sThe Exquisite Burgundy Collection: Online (sale 23106) · Hong Kong · lot 761 × 75 cl≈$3,026≈$3,026
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 204 A4 × 75 cl≈$11,150≈$2,787
May 2023Christie'sAn Exceptional Private Cellar Part II (sale 22119) · Hong Kong · lot 61141 × 75 cl≈$3,026≈$3,026
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 60651 × 75 cl≈$3,186≈$3,186
Apr 2022Christie'sFinest and Rarest Wines (sale 21493) · Hong Kong · lot 1706 × 75 cl≈$23,893≈$3,982
Nov 2021Christie'sAn Exceptional Private Cellar Featuring d'Auvenay, Macallan and Karuizawa (sale 19866) · Hong Kong · lot 52636 × 75 cl≈$17,521≈$2,920
Prices are in the currency of each sale. Christie’s and Sotheby’s include the buyer’s fee; Hart Davis Hart shows the price before it.

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What does this wine cost to make?Our estimate: $48–$283 a bottle

We estimate it costs about $48 to $283 to make one bottle of a wine like this. The price in the shop is far higher because the land is scarce, the name is famous, and many hands take a share on the way to you.

Low estimateImputed land cost: $27.58Vineyard operations: $4.87Oak barrels: $0.54Winemaking labour and cellar work: $3.00Cellar aging: $0.96Bottle, closure, label, case and bottling: $4.40Winery overhead: $4.00Financing over the aging period: $2.18$48 per bottleHigh estimateImputed land cost: $207.45Vineyard operations: $14.04Oak barrels: $1.72Winemaking labour and cellar work: $6.00Cellar aging: $2.72Bottle, closure, label, case and bottling: $11.40Winery overhead: $10.00Financing over the aging period: $30.15$283 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ per 75 cl bottle at the winery, before any margin, tax or transport · Corkonomics cost model

See the full breakdown

Last reviewed: September 2026Report an error on this page