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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Château Lafite Rothschild 2003

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

Save · All vintages of Château Lafite Rothschild · Compare

Château Lafite Rothschild, Bordeaux
Jordi Muray · 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
≈$1,035a bottle · Christie's, Apr 2026
How hard to find
Still around23 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 ≈$637 and ≈$1,261 each, across 32 sales since March 2021.

Every sale on record70 lots, each linked to the auction house
$400$600$800$1,000$1,200$1,40020222023202420252026HKD per 75 cl bottle · 2021-03-26 · $996HKD per 75 cl bottle · 2021-03-26 · $996HKD per 75 cl bottle · 2021-03-26 · $996HKD per 75 cl bottle · 2021-03-26 · $1,009HKD per 75 cl bottle · 2021-11-25 · $1,115HKD per 75 cl bottle · 2022-04-12 · $1,062HKD per 75 cl bottle · 2022-04-12 · $1,261HKD per 75 cl bottle · 2022-09-19 · $876HKD per 75 cl bottle · 2022-09-19 · $996HKD per 75 cl bottle · 2022-11-24 · $863HKD per 75 cl bottle · 2022-11-24 · $863HKD per 75 cl bottle · 2022-11-24 · $863HKD per 75 cl bottle · 2023-03-22 · $876HKD per 75 cl bottle · 2023-05-23 · $796HKD per 75 cl bottle · 2023-05-23 · $996HKD per 75 cl bottle · 2023-10-03 · $796HKD per 75 cl bottle · 2023-10-03 · $796HKD per 75 cl bottle · 2023-11-23 · $850HKD per 75 cl bottle · 2023-11-24 · $828HKD per 75 cl bottle · 2023-11-24 · $863HKD per 75 cl bottle · 2024-01-29 · $850HKD per 75 cl bottle · 2024-04-10 · $796HKD per 75 cl bottle · 2024-07-02 · $796HKD per 75 cl bottle · 2024-10-25 · $637HKD per 75 cl bottle · 2025-04-23 · $677HKD per 75 cl bottle · 2025-04-23 · $730HKD per 75 cl bottle · 2025-04-23 · $730HKD per 75 cl bottle · 2025-04-23 · $730HKD per 75 cl bottle · 2025-05-21 · $664HKD per 75 cl bottle · 2025-05-21 · $717HKD per 75 cl bottle · 2026-03-16 · $677HKD per 75 cl bottle · 2026-04-23 · $1,035USD per bottle: lot price ÷ bottles in the lotSale date32 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
Sep 2026Sotheby'sFinest & Rarest Wines (PF2662) · Paris · lot 23 × 75 cl≈$2,798≈$933
Jul 2026Christie'sFine & Rare Wines: Featuring The Reserve Cellar and 50th Anniversary Wines Direct From Stag's Leap Wine Cellars (sale 24555) · Los Angeles · lot 10552 × 75 cl$1,375$688
Apr 2026Christie'sThe Cellar of an Obsessive Collector Part II: Online (sale 24715) · Hong Kong · lot 11 × 75 cl≈$1,035≈$1,035
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 3754 × 75 cl≈$2,708≈$677
Mar 2026Christie'sAn Exemplary Collection of Domaine Armand Rousseau alongside Rarities from the Cellar of Ian Mill KC (sale 24532) · London · lot 2766 × 75 cl≈$4,299≈$717
Dec 2025Christie'sThe Historic Cellar of Jürgen Schwarz: Five Decades of Collecting, Day I (sale 23766) · New York · lot 21 × 300 cl$3,250$3,250
Dec 2025Christie'sThe Historic Cellar of Jürgen Schwarz: Five Decades of Collecting, Day I (sale 23766) · New York · lot 11 × 300 cl$3,250$3,250
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50134 × 150 cl≈$5,575≈$1,394
Sep 2025Christie'sFine and Rare Wines Online: LA Edition (sale 23751) · Los Angeles · lot 132 × 75 cl$1,375$688
Jun 2025Christie'sThe Cellar of William I. Koch: The Great American Collector Day II (sale 24201) · New York · lot 2766 × 150 cl$11,250$1,875
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 1112 × 75 cl≈$7,964≈$664
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 102 × 75 cl≈$1,434≈$717
Apr 2025Christie'sTimeless Excellence: The Pristine Wine Collection of Jörg G. Bucherer (sale 24158) · London · lot 1912 × 75 cl≈$7,937≈$661
Apr 2025Christie'sTimeless Excellence: The Pristine Wine Collection of Jörg G. Bucherer (sale 24158) · London · lot 1812 × 75 cl≈$9,095≈$758
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 3734 × 75 cl≈$2,708≈$677
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 1012 × 75 cl≈$8,761≈$730
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 912 × 75 cl≈$8,761≈$730
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 812 × 75 cl≈$8,761≈$730
Feb 2025Christie'sFine and Rare Wines Online: LA Edition (sale 23748) · Los Angeles · lot 243 × 75 cl$3,250$1,083
Feb 2025Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23932) · London · lot 11 × 600 cl≈$5,788≈$5,788
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 356 × 75 cl$4,000$667
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 346 × 75 cl$4,000$667
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 2112 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 2012 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 1912 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 1812 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 1712 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 1612 × 75 cl$8,125$677
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 50113 × 75 cl≈$1,911≈$637
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 30612 × 75 cl≈$9,557≈$796
Jun 2024Christie'sFine and Rare Wines Online: Featuring The Landmark Cellar (sale 23089) · Los Angeles · lot 283 × 75 cl$2,500$833
Jun 2024Christie'sFine and Rare Wines Online: Featuring The Landmark Cellar (sale 23089) · Los Angeles · lot 271 × 75 cl$812$812
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 50113 × 150 cl≈$4,779≈$1,593
Apr 2024Christie'sFinest and Rarest Wines (sale 23189) · Hong Kong · lot 1323 × 75 cl≈$2,389≈$796
Jan 2024Christie'sA Pristine Contemporary Cellar: Online (sale 22660) · Hong Kong · lot 16 × 75 cl≈$5,097≈$850
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 6143 × 150 cl≈$4,961≈$1,654
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 61805 × 75 cl≈$4,141≈$828
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 617912 × 75 cl≈$10,353≈$863
Nov 2023Christie'sThe Dr A. Botenga Cellar: Six Decades of Collecting Part I (sale 22122) · Hong Kong · lot 50156 × 75 cl≈$5,097≈$850
Oct 2023Christie'sAn All-Encompassing Cellar: Online (sale 22115) · Hong Kong · lot 1810 × 75 cl≈$7,964≈$796
Oct 2023Christie'sAn All-Encompassing Cellar: Online (sale 22115) · Hong Kong · lot 1712 × 75 cl≈$9,557≈$796
Sep 2023Christie'sFine and Rare Wines Online: Featuring a Superb Collection from the Pacific Northwest (sale 22074) · Los Angeles · lot 22312 × 75 cl$10,000$833
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 27 × 150 cl≈$10,749≈$1,536
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 50436 × 150 cl≈$9,557≈$1,593
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 50429 × 75 cl≈$7,168≈$796
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 500112 × 75 cl≈$11,946≈$996
Apr 2023Christie'sFinest and Rarest Wines & Spirits (sale 21934) · London · lot 3156 × 75 cl≈$5,788≈$965
Apr 2023Christie'sFine and Rare Wines Online: Featuring the Ruan Collection (sale 22062) · Los Angeles · lot 1812 × 75 cl$10,625$885
Apr 2023Christie'sFine and Rare Wines Online: Featuring the Ruan Collection (sale 22062) · Los Angeles · lot 1712 × 75 cl$10,625$885
Mar 2023Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 22112) · Hong Kong · lot 2132 × 75 cl≈$1,752≈$876
Mar 2023Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 22112) · Hong Kong · lot 2121 × 150 cl≈$1,752≈$1,752
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 601712 × 75 cl≈$10,353≈$863
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 601612 × 75 cl≈$10,353≈$863
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 601512 × 75 cl≈$10,353≈$863
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 1912 × 75 cl≈$12,402≈$1,034
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 1812 × 75 cl≈$12,402≈$1,034
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 1712 × 75 cl≈$12,402≈$1,034
Sep 2022Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 21209) · Hong Kong · lot 1310 × 75 cl≈$8,761≈$876
Sep 2022Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 21209) · Hong Kong · lot 1212 × 75 cl≈$11,946≈$996
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 50151 × 600 cl≈$10,353≈$10,353
Apr 2022Christie'sICONIC WINES FROM JOSEPH LAU (sale 21211) · Hong Kong · lot 76 × 75 cl≈$6,371≈$1,062
Apr 2022Christie'sICONIC WINES FROM JOSEPH LAU (sale 21211) · Hong Kong · lot 612 × 75 cl≈$15,132≈$1,261
Mar 2022Christie'sFinest & Rarest Wines Including a Collaboration with Grapes for Humanity Global Charity Foundation (sale 20967) · Los Angeles · lot 6212 × 75 cl$11,250$938
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 2076 × 75 cl≈$6,158≈$1,026
Nov 2021Christie'sFinest and Rarest Wines (sale 19867) · Hong Kong · lot 60205 × 75 cl≈$5,575≈$1,115
Nov 2021Christie'sFine and Rare Wines and Spirits (sale 20042) · Geneva · lot 1156 × 75 cl≈$7,372≈$1,229
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 1212 × 75 cl≈$11,946≈$996
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 1112 × 75 cl≈$11,946≈$996
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 1012 × 75 cl≈$11,946≈$996
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 96 × 75 cl≈$6,053≈$1,009
 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 Lafite Rothschild — producer profile, The Wine Cellar Insider, 2025. Retrieved 22 September 2026. typical annual production
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