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 Margaux 1992

The grand vin of Château Margaux: roughly 130,000 bottles from a third of the crop, 100% new oak, and a modern reputation built on 1982, 1990, 2000, 2010 and 2015.

Save · All vintages of Château Margaux · Compare

Château Margaux in Bordeaux, France
robertdering · Adobe Stock · Adobe Stock Standard License

What to expect

A decanter and a glass of red wine on a white tablecloth in a panelled dining room
Last sold at auction for
≈$280a bottle · Sotheby's, Sep 2026
How hard to find
Getting scarce34 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.

ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$280 and ≈$373 each, across 5 sales since September 2026.

Every sale on record11 lots, each linked to the auction house
$250$275$300$325$350$3752026-09-102026-09-11EUR per 75 cl bottle · 2026-09-10 · $280EUR per 75 cl bottle · 2026-09-10 · $280EUR per 75 cl bottle · 2026-09-10 · $291EUR per 75 cl bottle · 2026-09-10 · $326EUR per 75 cl bottle · 2026-09-10 · $373USD per bottle: lot price ÷ bottles in the lotSale date5 lots of 75 cl bottles sold in USD at Sotheby'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 3524 × 75 cl≈$6,996≈$291
Sep 2026Sotheby'sFinest & Rarest Wines (PF2662) · Paris · lot 3412 × 75 cl≈$3,918≈$326
Sep 2026Sotheby'sFinest & Rarest Wines (PF2662) · Paris · lot 3312 × 75 cl≈$4,477≈$373
Sep 2026Sotheby'sFinest & Rarest Wines (PF2662) · Paris · lot 3212 × 75 cl≈$3,358≈$280
Sep 2026Sotheby'sFinest & Rarest Wines (PF2662) · Paris · lot 3110 × 75 cl≈$2,798≈$280
Apr 2025Christie'sFine and Rare Wines Online: London Edition (sale 23891) · London · lot 74812 × 75 cl≈$3,969≈$331
Apr 2025Christie'sFine and Rare Wines Online: London Edition (sale 23891) · London · lot 74712 × 75 cl≈$3,969≈$331
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 4082 × 75 cl≈$695≈$347
Oct 2023Christie'sFine and Rare Wines Online: Featuring Two Superlative Collections (sale 22105) · Los Angeles · lot 849 × 75 cl$3,250$361
Jun 2023Christie'sThe Two Continents Collection - The Private Cellar of Irwin Kotovsky Online: Part II (sale 21935) · London · lot 1423 × 75 cl≈$1,405≈$468
Apr 2023Christie'sThe Two Continents Collection - The Private Cellar of Irwin Kotovsky Online: Part I (sale 22463) · Los Angeles · lot 1067 × 75 cl$2,750$393
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. The wines, Château Margaux, 2025. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page