CorkonomicsThe economics of wine production, collection, and vineyards
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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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Château Cheval Blanc 1998

1998 was a very good year in Bordeaux: reliable and well liked.

Save · All vintages of Château Cheval Blanc · Compare

Vineyards (Premier Grand Cru Classé A) near Château Cheval Blanc, Saint-Émilion, France
Richard Semik · Adobe Stock · Adobe Stock Standard License

What to expect

Expect a good, dependable wine, often ready a little sooner than the greatest years.

13 of the 32 years we cover for this wine were rated higher.

A decanter and a glass of red wine on a white tablecloth in a panelled dining room
The year
Very Good
Last sold at auction for
≈$796a bottle · Christie's, Mar 2026
How hard to find
Getting scarce28 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.

202520242023202220212020201920182017201620152014201320122011201020092008200720062005200420032002200120001999199819971996
ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$730 and ≈$863 each, across 16 sales since September 2023.

Every sale on record30 lots, each linked to the auction house
$700$750$800$850202420252026HKD per 75 cl bottle · 2023-09-13 · $796HKD per 75 cl bottle · 2023-09-13 · $796HKD per 75 cl bottle · 2023-09-13 · $796HKD per 75 cl bottle · 2023-09-13 · $796HKD per 75 cl bottle · 2023-09-13 · $796HKD per 75 cl bottle · 2023-11-27 · $796HKD per 75 cl bottle · 2023-11-27 · $796HKD per 75 cl bottle · 2023-11-27 · $796HKD per 75 cl bottle · 2023-11-27 · $796HKD per 75 cl bottle · 2023-11-27 · $796HKD per 75 cl bottle · 2024-10-25 · $730HKD per 75 cl bottle · 2025-04-23 · $863HKD per 75 cl bottle · 2025-07-28 · $743HKD per 75 cl bottle · 2025-10-26 · $796HKD per 75 cl bottle · 2025-10-26 · $863HKD per 75 cl bottle · 2026-03-16 · $796USD per bottle: lot price ÷ bottles in the lotSale date16 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
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 5648 × 75 cl≈$6,371≈$796
Oct 2025Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 23826) · Hong Kong · lot 4112 × 75 cl≈$1,593≈$796
Oct 2025Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 23826) · Hong Kong · lot 3812 × 75 cl≈$10,353≈$863
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 23612 × 75 cl$11,250$938
Jul 2025Christie'sFine and Rare Wines Online: Hong Kong Edition Featuring The Cellar of a Meticulous Wine Lover Part II (sale 23908) · Hong Kong · lot 863 × 75 cl≈$2,230≈$743
Jun 2025Christie'sThe Cellar of William I. Koch: The Great American Collector Day II (sale 24201) · New York · lot 47012 × 75 cl$13,750$1,146
Apr 2025Christie'sTimeless Excellence: The Pristine Wine Collection of Jörg G. Bucherer (sale 24158) · London · lot 12012 × 75 cl≈$10,749≈$896
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 3312 × 75 cl≈$10,353≈$863
Dec 2024Christie'sFine and Rare Wines including Vintage Icons from a West Coast Cellar and Historic Port from the Cellars of Raby Castle (sale 23100) · Los Angeles · lot 11912 × 75 cl$10,625$885
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 515712 × 75 cl≈$8,761≈$730
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 4868 × 75 cl≈$6,945≈$868
Oct 2024Christie'sThe Epic Cellar Part II (sale 23200) · Hong Kong · lot 661 × 600 cl≈$6,053≈$6,053
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 4046 × 75 cl≈$5,788≈$965
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 51651 × 600 cl≈$9,557≈$9,557
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 51641 × 500 cl≈$6,053≈$6,053
Nov 2023Christie'sFine and Rare Wines & Spirits Online: Festive Edition (sale 22117) · Hong Kong · lot 28510 × 75 cl≈$7,964≈$796
Nov 2023Christie'sFine and Rare Wines & Spirits Online: Festive Edition (sale 22117) · Hong Kong · lot 28412 × 75 cl≈$9,557≈$796
Nov 2023Christie'sFine and Rare Wines & Spirits Online: Festive Edition (sale 22117) · Hong Kong · lot 28312 × 75 cl≈$9,557≈$796
Nov 2023Christie'sFine and Rare Wines & Spirits Online: Festive Edition (sale 22117) · Hong Kong · lot 28212 × 75 cl≈$9,557≈$796
Nov 2023Christie'sFine and Rare Wines & Spirits Online: Festive Edition (sale 22117) · Hong Kong · lot 28112 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 36612 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 36512 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 36412 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 36312 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 36212 × 75 cl≈$9,557≈$796
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 7886 × 75 cl≈$4,630≈$772
Apr 2023Christie'sFine and Rare Wines Online: Featuring the Ruan Collection (sale 22062) · Los Angeles · lot 6312 × 75 cl$11,250$938
Feb 2022Christie'sFine & Rare Wines Including Two Outstanding Private Collections (sale 21177) · Los Angeles · lot 5512 × 75 cl$12,500$1,042
Dec 2021Christie'sFinest and Rarest Wines & Spirits: Featuring Historic Vintages from Perrier-Jouët, Legendary Whisky from Le Clos and an Evening Sale of Treasures from a Rediscovered Chalk Cellar (sale 20064) · London · lot 21412 × 75 cl≈$10,533≈$878
May 2021Christie'sFine and Rare Wines (sale 20026) · Geneva · lot 45812 × 75 cl≈$10,321≈$860
 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.

Filter and browse

What does this wine cost to make?Our estimate: $28–$95 a bottle

We estimate it costs about $28 to $95 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: $11.34Vineyard operations: $3.31Oak barrels: $0.56Winemaking labour and cellar work: $2.50Cellar aging: $1.20Bottle, closure, label, case and bottling: $4.90Winery overhead: $3.00Financing over the aging period: $1.61$28 per bottleHigh estimateImputed land cost: $43.88Vineyard operations: $10.24Oak barrels: $1.61Winemaking labour and cellar work: $5.00Cellar aging: $2.96Bottle, closure, label, case and bottling: $13.40Winery overhead: $7.00Financing over the aging period: $10.89$95 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ per 75 cl bottle at the winery, before any margin, tax or transport · Corkonomics cost model

See the full breakdown

Sources

  1. Château Cheval Blanc — producer profile, The Wine Cellar Insider, 2025. Retrieved 22 September 2026. typical annual production
Last reviewed: September 2026Report an error on this page