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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

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.

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

Château Margaux's grand vin is made from a strict selection — the estate says about a third of the red harvest — of its 82 hectares of red vines, aged 18–24 months in 100% new oak from the château's own cooperage. Production of roughly 130,000 bottles (about 11,000 cases) makes it smaller than Lafite or Mouton. It sells en primeur and trades in every vintage.

Made by
Château Margaux
From
Margaux, Bordeaux
Style
RedCabernet Sauvignon, Merlot, Cabernet Franc, Petit Verdot
Bottles made in a typical year
130K
The kind of wine

Bordeaux first growth

A red from one of the five top-ranked estates of Bordeaux. Every barrel is new, the grapes are picked by hand, and the wine waits more than a year and a half before bottling.

What a bottle like this costs to make

A decanter and a glass of red wine on a white tablecloth in a panelled dining room

Good years and bad

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
The essentials

Price history in outline

Margaux's secondary market followed Bordeaux's general cycle — a peak on the 2009 and 2010 releases, a decline to 2015, a recovery to 2022 — with smaller swings than Lafite's, which was the focus of Asian demand. The 2015, released in a bespoke bottle after Paul Pontallier's death and Norman Foster's new winery, is the most expensive modern release.

Supply

The selection ratio is the supply lever: in a difficult year (2013, 2017) the grand vin shrinks and Pavillon Rouge grows. Vintage production figures are not published.

Every year in a tableHow each year was rated, and the price the producer first asked
VintageHow the year was ratedRelease priceHow rare (0–100)The growing season
2025Excellent — 38A dry spring and early summer comparable to 2022, then about 60 mm of rain in late August…
2024Mixed ≈$309 38More than 1,000 mm of rain between 18 October 2023 and 28 March 2024, and mild…
2023Very Good ≈$403 39Little rain early in the year; a single heatwave in late August scalded some grapes…
2022Exceptional ≈$578 39Hot, dry summer; small berries, low yields, high concentration.
2021Mixed ≈$470 40Frost, mildew and a cool summer; variable quality and small crops.
2020Excellent ≈$484 40
2019Excellent ≈$369 41
2018Excellent ≈$457 41
2017Good ≈$390 42
2016Exceptional — 42Wet spring then a dry summer; a large, balanced crop widely rated with 2009 and 2010.
2015Excellent — 42
2014Very Good — 43
2013Difficult — 43Cold wet spring, poor flowering, rot at harvest; small crops and severe selection at the…
2012Good — 44
2011Good — 44
2010Exceptional — 44Cool nights and a dry summer gave high tannin and acidity; released at prices above 2009…
2009Exceptional — 45Warm, dry, long growing season; widely described as one of the great modern vintages…
2008Very Good — 45
2007Mixed — 45
2006Very Good — 45
2005Exceptional — 46
2004Good — 46
2003Mixed — 46
2002Good — 46
2001Very Good — 46
2000Excellent — 47
1999Good — 47
1998Very Good — 47
1997Mixed — 47
1996Excellent — 47
1995Very Good — 48
1994— — 48
1993— — 48
1992— — 48
1991— — 48
1990Exceptional — 49
 Release price is what the producer first asked for a bottle. A dash means no price was published.

Find by year and rating

Release price by vintageWhat the producer asked for a bottle, year by year

Each dot is the price the producer asked for one bottle when that vintage was first offered, as reported in the trade press. A falling line is the producer cutting its opening price, usually because the previous vintage sold slowly; a rising one is confidence after a strong year.

$200$300$400$500$6002018201920202021202220232024Release price · 2017-07-01 · $390Release price · 2018-07-01 · $457Release price · 2019-07-01 · $369Release price · 2020-07-01 · $484Release price · 2021-07-01 · $470Release price · 2022-07-01 · $578Release price · 2023-07-01 · $403Release price · 2024-07-01 · $309$ per 75 cl bottle at first offerVintage yearVintages 2017–2024 with a reported release price · sources listed in the table above · ≈ converted to USD at the 9 Oct 2026 rate
as reported, in the currency of release, per 75 cl bottleSource: named publications, cited on each vintage page
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.

ComponentLowHigh
Imputed land cost$11.34$43.88
Vineyard operations$3.31$10.24
Oak barrels$0.56$1.61
Winemaking labour and cellar work$2.50$5.00
Cellar aging$1.20$2.96
Bottle, closure, label, case and bottling$4.90$13.40
Winery overhead$3.00$7.00
Financing over the aging period$1.61$10.89
Estimated winery production cost$28.42$94.98
 One standard bottle, at the winery door. Built in US dollars and shown in your chosen currency.

See the full breakdown

Recent auction resultsWhat bottles of this wine fetched when collectors sold them
Sale dateVintageHouse and saleFormatLot pricePer bottle
Sep 20262000Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · lot 3846 × 75 cl≈$4,299≈$717 with premium
Sep 20261995Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · lot 23412 × 75 cl≈$6,284≈$524 with premium
Sep 20261999Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · lot 18712 × 75 cl≈$5,292≈$441 with premium
Sep 20262018Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · lot 26 × 75 cl≈$4,299≈$717 with premium
Sep 20261998Sotheby'sFinest & Rarest Wines (PF2662) · lot 486 × 75 cl≈$2,798≈$466 with premium
Sep 20261997Sotheby'sFinest & Rarest Wines (PF2662) · lot 471 × 600 cl≈$3,358≈$3,358 with premium
Sep 20261997Sotheby'sFinest & Rarest Wines (PF2662) · lot 4612 × 75 cl≈$4,477≈$373 with premium
Sep 20261997Sotheby'sFinest & Rarest Wines (PF2662) · lot 4512 × 75 cl≈$4,197≈$350 with premium
Sep 20261997Sotheby'sFinest & Rarest Wines (PF2662) · lot 449 × 75 cl≈$2,798≈$311 with premium
Sep 20261996Sotheby'sFinest & Rarest Wines (PF2662) · lot 431 × 600 cl≈$7,695≈$7,695 with premium
Sep 20261996Sotheby'sFinest & Rarest Wines (PF2662) · lot 428 × 75 cl≈$6,716≈$839 with premium
Sep 20261995Sotheby'sFinest & Rarest Wines (PF2662) · lot 416 × 150 cl≈$15,390≈$2,565 with premium
 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.

All lots on record

The detailsClassification, grapes, bottle sizes and the rest
Producer
Château Margaux
Region
Bordeaux
Appellation
Margaux
Classification
Premier Grand Cru Classé, 1855
Style
Red · Cabernet-led, 100% new oak, 18–24 months
Grape composition
Cabernet Sauvignon, Merlot, Cabernet Franc, Petit Verdot≈ 85–90% in recent vintages
Bottle sizes
375 · 750 · 1500 · 3000 ml
Bottles made in a typical year
130,000 bottles≈ a third of the red crop from 82 ha; the estate has described the proportion, not the bottle count
First vintage made
1810
Great years
13 of 32 rated excellent or exceptional

Comparable wines

Compare →

Wines from the same appellation or region that collectors weigh against this one.

Château Palmer, Margaux

Château Palmer

A third growth priced like a second or better, biodynamic since 2014, from 66 hectares in Margaux.
Vineyards (Premier Grand Cru Classé A) near Château Cheval Blanc, Saint-Émilion, France

Château Cheval Blanc

Saint-Émilion's Cabernet Franc first growth: about 8,000–10,000 cases from 39 hectares beside Pomerol, sold through the Place de Bordeaux.
Vineyard landscape in Pessac-Léognan, Graves, Bordeaux

Château Haut-Brion

The smallest first growth by production and the most Merlot-heavy, from a vineyard inside the Bordeaux suburbs.
Château Lafite Rothschild, Bordeaux

Château Lafite Rothschild

The grand vin of Lafite: the most traded first growth of the 2000s and the wine that defined the Bordeaux bubble and its collapse.
Château Latour, Pauillac, Bordeaux

Château Latour

The grand vin from the Enclos — 47 hectares around the château — released only when the estate judges it ready since it left en primeur with the 2011 vintage.
Château Lynch-Bages

Château Lynch-Bages

The fifth growth with the deepest secondary market below the first growths — large production, every vintage traded.

Sources

  1. The wines, Château Margaux, 2025. Retrieved 3 September 2026.
  2. Château Margaux — the estate, 2025. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page