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 2005

2005 was an exceptional year in Bordeaux: about as good as it gets.

Save · All vintages of Château Latour · Compare

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

What to expect

Expect a rich, complete wine that can keep improving for decades.

No year of this wine is rated higher. It shares the top mark with 5 others out of the 30 we cover.

A decanter and a glass of red wine on a white tablecloth in a panelled dining room
The year
Exceptional
Last sold at auction for
≈$743a bottle · Christie's, May 2026

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 ≈$557 and ≈$1,593 each, across 22 sales since March 2021.

Every sale on record62 lots, each linked to the auction house
$250$500$750$1,000$1,250$1,500$1,75020222023202420252026HKD per 75 cl bottle · 2021-03-26 · $796HKD per 75 cl bottle · 2021-11-25 · $1,593HKD per 75 cl bottle · 2022-05-20 · $929HKD per 75 cl bottle · 2022-06-07 · $796HKD per 75 cl bottle · 2022-09-08 · $730HKD per 75 cl bottle · 2022-11-24 · $730HKD per 75 cl bottle · 2023-05-23 · $796HKD per 75 cl bottle · 2023-11-23 · $637HKD per 75 cl bottle · 2023-11-24 · $597HKD per 75 cl bottle · 2024-10-25 · $584HKD per 75 cl bottle · 2024-12-04 · $557HKD per 75 cl bottle · 2024-12-04 · $557HKD per 75 cl bottle · 2025-03-10 · $597HKD per 75 cl bottle · 2025-03-10 · $597HKD per 75 cl bottle · 2025-05-21 · $730HKD per 75 cl bottle · 2025-05-21 · $730HKD per 75 cl bottle · 2025-11-20 · $597HKD per 75 cl bottle · 2025-11-20 · $597HKD per 75 cl bottle · 2025-11-20 · $637HKD per 75 cl bottle · 2026-05-21 · $724HKD per 75 cl bottle · 2026-05-21 · $730HKD per 75 cl bottle · 2026-05-21 · $743USD per bottle: lot price ÷ bottles in the lotSale date22 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
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 502212 × 75 cl≈$8,761≈$730
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 502111 × 75 cl≈$7,964≈$724
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50209 × 75 cl≈$6,690≈$743
May 2026Christie'sFinal Treasures from the Wine Cellar of Andrew Lloyd Webber (sale 24806) · London · lot 8412 × 75 cl≈$7,441≈$620
May 2026Christie'sFinal Treasures from the Wine Cellar of Andrew Lloyd Webber (sale 24806) · London · lot 8312 × 75 cl≈$7,937≈$661
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 5782 × 150 cl≈$2,549≈$1,274
Dec 2025Christie'sThe Historic Cellar of Jürgen Schwarz: Five Decades of Collecting, Day I (sale 23766) · New York · lot 822 × 150 cl$3,750$1,875
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 503112 × 75 cl≈$7,168≈$597
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 503012 × 75 cl≈$7,168≈$597
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 502912 × 75 cl≈$7,646≈$637
Oct 2025Christie'sAn Impeccable Private Collection Purchased on Release (sale 23894) · London · lot 2876 × 75 cl≈$4,630≈$772
Sep 2025Christie'sFine and Rare Wines Online: LA Edition (sale 23751) · Los Angeles · lot 2912 × 75 cl$8,750$729
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 284 × 150 cl≈$7,168≈$1,792
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 2712 × 75 cl≈$8,761≈$730
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 2612 × 75 cl≈$8,761≈$730
Apr 2025Christie'sFine and Rare Wines Online: London Edition (sale 23891) · London · lot 712 × 75 cl≈$6,945≈$579
Apr 2025Christie'sFine and Rare Wines Online: London Edition (sale 23891) · London · lot 612 × 75 cl≈$7,441≈$620
Mar 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23906) · Hong Kong · lot 32612 × 75 cl≈$7,168≈$597
Mar 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23906) · Hong Kong · lot 32512 × 75 cl≈$7,168≈$597
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 312 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 212 × 75 cl$8,125$677
Dec 2024Christie'sPristine Bordeaux Classics: The Directors Collection (sale 24053) · Los Angeles · lot 16 × 75 cl$4,375$729
Dec 2024Christie'sThe Cellar in the Mountain: Pristine Wines from the Skigaarden Collection (sale 23081) · London · lot 2715 × 75 cl≈$3,307≈$661
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 136 × 150 cl≈$7,168≈$1,195
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 126 × 150 cl≈$7,168≈$1,195
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 1112 × 75 cl≈$6,690≈$557
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 1012 × 75 cl≈$6,690≈$557
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 50283 × 75 cl≈$1,752≈$584
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1412 × 75 cl$8,750$729
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1312 × 75 cl$8,750$729
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 126 × 75 cl$4,375$729
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 50531 × 600 cl≈$6,371≈$6,371
Apr 2024Christie'sLe Gavroche Part II: The Wine Cellar (sale 22983) · London · lot 29911 × 75 cl≈$9,095≈$827
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 3576 × 75 cl≈$4,299≈$717
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 61918 × 75 cl≈$4,779≈$597
Nov 2023Christie'sThe Dr A. Botenga Cellar: Six Decades of Collecting Part I (sale 22122) · Hong Kong · lot 505712 × 75 cl≈$7,646≈$637
Sep 2023Christie'sFine and Rare Wines Online: Featuring a Superb Collection from the Pacific Northwest (sale 22074) · Los Angeles · lot 23712 × 75 cl$9,375$781
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 7586 × 75 cl≈$4,299≈$717
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 500412 × 75 cl≈$9,557≈$796
Dec 2022Christie'sFine and Rare Wines Online: LA Edition (sale 20971) · Los Angeles · lot 4312 × 75 cl$9,375$781
Dec 2022Christie'sFine and Rare Wines Online: LA Edition (sale 20971) · Los Angeles · lot 4212 × 75 cl$8,750$729
Dec 2022Christie'sFinest and Rarest Wines & Spirits: Featuring Exceptional Anniversary Offerings from Ridge Vineyards and Champagne Philipponnat (sale 21096) · London · lot 6253 × 75 cl≈$2,480≈$827
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 632012 × 75 cl≈$8,761≈$730
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 5212 × 75 cl≈$10,532≈$878
Sep 2022Christie'sFinest and Rarest Wines: Featuring The Epicure's Cellar (sale 21999) · Hong Kong · lot 117512 × 75 cl≈$8,761≈$730
Jun 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR PART II: Online (sale 21208) · Hong Kong · lot 1012 × 75 cl≈$9,557≈$796
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 50336 × 75 cl≈$5,575≈$929
Apr 2022Christie'sFinest and Rarest Wines (sale 21093) · London · lot 112 × 75 cl≈$11,575≈$965
Feb 2022Christie'sFine & Rare Wines Including Two Outstanding Private Collections (sale 21177) · Los Angeles · lot 2312 × 75 cl$20,000$1,667
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 70312 × 75 cl≈$10,533≈$878
Nov 2021Christie'sFinest and Rarest Wines (sale 19867) · Hong Kong · lot 60252 × 75 cl≈$3,186≈$1,593
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 5013 × 300 cl≈$9,723≈$3,241
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 50012 × 75 cl≈$9,723≈$810
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 49912 × 75 cl≈$9,723≈$810
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 32712 × 75 cl≈$9,723≈$810
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4512 × 75 cl≈$9,723≈$810
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4412 × 75 cl≈$8,912≈$743
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4312 × 75 cl≈$8,912≈$743
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4212 × 75 cl≈$8,912≈$743
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4112 × 75 cl≈$8,912≈$743
Jun 2021Christie'sFinest and Rarest Wines and Spirits Featuring Two Superb Cellars, and Highlights from the Collection of The Earl of Snowdon (sale 20062) · London · lot 4012 × 75 cl≈$8,912≈$743
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 3412 × 75 cl≈$9,557≈$796
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