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 Latour 1998

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

Save · All vintages of Château Latour · Compare

Château Latour, Pauillac, Bordeaux
Jordi Muray · Adobe Stock · Adobe Stock Standard License

What to expect

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

12 of the 30 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
≈$429a bottle · Christie's, Nov 2023

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 ≈$429 and ≈$557 each, across 8 sales since March 2021.

Every sale on record27 lots, each linked to the auction house
$400$450$500$55020222023HKD per 75 cl bottle · 2021-03-26 · $504HKD per 75 cl bottle · 2021-03-26 · $504HKD per 75 cl bottle · 2021-03-26 · $504HKD per 75 cl bottle · 2021-12-13 · $504HKD per 75 cl bottle · 2021-12-13 · $557HKD per 75 cl bottle · 2022-09-19 · $510HKD per 75 cl bottle · 2023-09-13 · $518HKD per 75 cl bottle · 2023-11-24 · $429USD per bottle: lot price ÷ bottles in the lotSale date8 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 2026Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · London · lot 29212 × 75 cl≈$5,788≈$482
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 10736 × 150 cl$6,000$1,000
Feb 2025Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23932) · London · lot 36 × 75 cl≈$3,969≈$661
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 1412 × 75 cl$4,750$396
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 65812 × 75 cl≈$5,292≈$441
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 51612 × 75 cl≈$5,788≈$482
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 50401 × 600 cl≈$4,141≈$4,141
Apr 2024Christie'sFine and Rare Wines Online: Featuring Exceptional Madeira Collections (sale 23087) · Los Angeles · lot 171 × 75 cl$437$437
Apr 2024Christie'sFine and Rare Wines Online: Featuring Exceptional Madeira Collections (sale 23087) · Los Angeles · lot 161 × 75 cl$437$437
Dec 2023Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23055) · London · lot 28512 × 75 cl≈$5,292≈$441
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 2912 × 75 cl≈$5,788≈$482
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 618413 × 75 cl≈$5,575≈$429
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 3031 × 300 cl≈$2,549≈$2,549
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 2312 × 75 cl≈$1,035≈$518
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 373 × 150 cl≈$3,026≈$1,009
Apr 2023Christie'sFine and Rare Wines Online: Featuring the Ruan Collection (sale 22062) · Los Angeles · lot 2712 × 75 cl$6,000$500
Dec 2022Christie'sFinest and Rarest Wines & Spirits: Featuring Exceptional Anniversary Offerings from Ridge Vineyards and Champagne Philipponnat (sale 21096) · London · lot 60212 × 75 cl≈$6,614≈$551
Sep 2022Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 21209) · Hong Kong · lot 241 × 75 cl≈$510≈$510
Sep 2022Christie'sFinest and Rarest Wines: Featuring The Epicure's Cellar (sale 21999) · Hong Kong · lot 14033 × 300 cl≈$6,371≈$2,124
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 286 × 75 cl$3,000$500
Dec 2021Christie'sFinest and Rarest Wines Online (sale 21178) · Hong Kong · lot 2763 × 75 cl≈$1,513≈$504
Dec 2021Christie'sFinest and Rarest Wines Online (sale 21178) · Hong Kong · lot 2752 × 75 cl≈$1,115≈$557
May 2021Christie'sFine and Rare Wines (sale 20026) · Geneva · lot 71612 × 75 cl≈$6,635≈$553
May 2021Christie'sFine and Rare Wines (sale 20026) · Geneva · lot 20812 × 75 cl≈$7,078≈$590
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 33412 × 75 cl≈$6,053≈$504
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 33312 × 75 cl≈$6,053≈$504
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 33212 × 75 cl≈$6,053≈$504
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

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Last reviewed: September 2026Report an error on this page