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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 2003

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

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

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

26 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
Mixed
Last sold at auction for
≈$386a bottle · Christie's, Jun 2025
How hard to find
Getting scarce23 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 ≈$386 and ≈$386 each, across 3 sales since November 2023.

Every sale on record13 lots, each linked to the auction house
$340$360$380$400$42020242025GBP per 75 cl bottle · 2023-11-30 · $386GBP per 75 cl bottle · 2024-10-21 · $386GBP per 75 cl bottle · 2025-06-18 · $386USD per bottle: lot price ÷ bottles in the lotSale date3 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
Jun 2025Christie'sFine & Rare Wines & Spirits Online: London Edition (sale 23893) · London · lot 19512 × 75 cl≈$4,630≈$386
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 40812 × 75 cl≈$5,575≈$465
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 773 × 150 cl≈$2,315≈$772
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 766 × 150 cl≈$4,630≈$772
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 756 × 150 cl≈$4,630≈$772
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 7412 × 75 cl≈$4,630≈$386
Nov 2023Christie'sFinest and Rarest Wines & Spirits, Featuring Champagne Lanson and 40th Jubilee Wines Direct from the Cellars of Domaine de Chevalier (sale 21941) · London · lot 2913 × 75 cl≈$1,158≈$386
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 50679 × 75 cl≈$5,097≈$566
Apr 2023Christie'sThe Two Continents Collection - The Private Cellar of Irwin Kotovsky Online: Part I (sale 22463) · Los Angeles · lot 15612 × 75 cl$5,625$469
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 14912 × 75 cl≈$5,266≈$439
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 872 × 75 cl$875$438
Sep 2021Christie'sWine Online: The Connoisseur's Cellar (sale 20175) · Geneva · lot 4212 × 75 cl≈$6,193≈$516
May 2021Christie'sFine and Rare Wines (sale 20026) · Geneva · lot 45912 × 75 cl≈$8,847≈$737
 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: $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