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 2004

2004 was a good, solid year in Bordeaux, without being a standout.

Save · All vintages of Château Latour · Compare

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

What to expect

Expect a pleasant, lighter wine that is usually best enjoyed younger.

19 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
Good
Last sold at auction for
≈$465a bottle · Christie's, Mar 2025

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 ≈$398 and ≈$531 each, across 13 sales since March 2021.

Every sale on record25 lots, each linked to the auction house
$350$400$450$500$5502022202320242025HKD per 75 cl bottle · 2021-03-26 · $531HKD per 75 cl bottle · 2022-05-20 · $504HKD per 75 cl bottle · 2023-09-13 · $478HKD per 75 cl bottle · 2024-01-29 · $504HKD per 75 cl bottle · 2024-07-02 · $398HKD per 75 cl bottle · 2024-07-02 · $398HKD per 75 cl bottle · 2024-07-02 · $398HKD per 75 cl bottle · 2024-07-02 · $398HKD per 75 cl bottle · 2024-07-02 · $425HKD per 75 cl bottle · 2024-07-02 · $425HKD per 75 cl bottle · 2024-10-25 · $438HKD per 75 cl bottle · 2024-12-04 · $398HKD per 75 cl bottle · 2025-03-10 · $465USD per bottle: lot price ÷ bottles in the lotSale date13 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 2026Christie'sFine and Rare Wines & Spirits Online Day 1: Featuring the Collection of Ken Follett (sale 24640) · London · lot 5026 × 75 cl≈$2,480≈$413
Apr 2025Christie'sTimeless Excellence: The Pristine Wine Collection of Jörg G. Bucherer (sale 24158) · London · lot 3112 × 75 cl≈$4,630≈$386
Apr 2025Christie'sTimeless Excellence: The Pristine Wine Collection of Jörg G. Bucherer (sale 24158) · London · lot 3012 × 75 cl≈$4,961≈$413
Mar 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23906) · Hong Kong · lot 39612 × 75 cl≈$5,575≈$465
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 30812 × 75 cl≈$4,779≈$398
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 50274 × 75 cl≈$1,752≈$438
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 6016 × 75 cl≈$2,646≈$441
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 3316 × 75 cl≈$2,549≈$425
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 33012 × 75 cl≈$4,779≈$398
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 32912 × 75 cl≈$4,779≈$398
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 32812 × 75 cl≈$4,779≈$398
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 32712 × 75 cl≈$4,779≈$398
Jul 2024Christie'sFine and Rare Wines & Spirits Online: Featuring An Exceptional Private Cellar Part III - Moutai x Whisky (sale 23195) · Hong Kong · lot 32612 × 75 cl≈$5,097≈$425
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 56712 × 75 cl≈$4,961≈$413
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 50521 × 600 cl≈$3,823≈$3,823
Apr 2024Christie'sLe Gavroche Part II: The Wine Cellar (sale 22983) · London · lot 2986 × 75 cl≈$3,142≈$524
Jan 2024Christie'sA Pristine Contemporary Cellar: Online (sale 22660) · Hong Kong · lot 196 × 75 cl≈$3,026≈$504
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 356 × 75 cl≈$2,646≈$441
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 61901 × 300 cl≈$1,593≈$1,593
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 61896 × 150 cl≈$4,779≈$796
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 2386 × 75 cl≈$2,867≈$478
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 612 × 75 cl≈$5,788≈$482
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 345 × 75 cl$2,500$500
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 503212 × 75 cl≈$6,053≈$504
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 336 × 75 cl≈$3,186≈$531
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

Last reviewed: September 2026Report an error on this page