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 Palmer 2009

2009 was an exceptional year in Bordeaux: about as good as it gets.

Save · All vintages of Château Palmer · Compare

Château Palmer, Margaux
PA · Wikimedia Commons · CC BY-SA 4.0

What to expect

Warm, dry, long growing season; widely described as one of the great modern vintages; released at record en primeur prices into Chinese demand. 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 4 others out of the 29 we cover.

A glass of red wine on a stone balustrade in front of a country house and vineyards
The year
Exceptional
Last sold at auction for
≈$303a bottle · Christie's, Jun 2024

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 ≈$303 and ≈$432 each, across 12 sales since June 2021.

Every sale on record20 lots, each linked to the auction house
$250$300$350$400$450202220232024GBP per 75 cl bottle · 2021-06-17 · $324GBP per 75 cl bottle · 2021-06-17 · $324GBP per 75 cl bottle · 2021-12-03 · $432GBP per 75 cl bottle · 2022-04-27 · $351GBP per 75 cl bottle · 2022-04-27 · $358GBP per 75 cl bottle · 2022-04-27 · $358GBP per 75 cl bottle · 2022-12-02 · $331GBP per 75 cl bottle · 2023-06-06 · $331GBP per 75 cl bottle · 2023-06-06 · $331GBP per 75 cl bottle · 2023-06-06 · $358GBP per 75 cl bottle · 2024-04-23 · $358GBP per 75 cl bottle · 2024-06-19 · $303USD per bottle: lot price ÷ bottles in the lotSale date12 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
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1036 × 75 cl$1,875$312
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1026 × 75 cl$1,875$312
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1016 × 75 cl$1,875$312
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 1006 × 75 cl$1,875$312
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 60812 × 75 cl≈$3,638≈$303
Apr 2024Christie'sLe Gavroche Part II: The Wine Cellar (sale 22983) · London · lot 39612 × 75 cl≈$4,299≈$358
Oct 2023Christie'sFine and Rare Wines & Spirits Online: Continental Cellars (sale 23054) · London · lot 3563 × 150 cl≈$1,984≈$661
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 73812 × 75 cl≈$3,969≈$331
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 73712 × 75 cl≈$3,969≈$331
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 3212 × 75 cl≈$4,299≈$358
Dec 2022Christie'sFinest and Rarest Wines & Spirits: Featuring Exceptional Anniversary Offerings from Ridge Vineyards and Champagne Philipponnat (sale 21096) · London · lot 6386 × 75 cl≈$1,984≈$331
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 63476 × 75 cl≈$1,752≈$292
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 26112 × 75 cl≈$5,266≈$439
Apr 2022Christie'sFinest and Rarest Wines (sale 21093) · London · lot 634 × 75 cl≈$1,405≈$351
Apr 2022Christie'sFinest and Rarest Wines (sale 21093) · London · lot 6212 × 75 cl≈$4,299≈$358
Apr 2022Christie'sFinest and Rarest Wines (sale 21093) · London · lot 6112 × 75 cl≈$4,299≈$358
Apr 2022Christie'sFinest and Rarest Wines (sale 21493) · Hong Kong · lot 1396 × 150 cl≈$4,460≈$743
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 1416 × 75 cl≈$2,593≈$432
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 5612 × 75 cl≈$3,889≈$324
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 5512 × 75 cl≈$3,889≈$324
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: $17–$61 a bottle

We estimate it costs about $17 to $61 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: $4.35Vineyard operations: $2.54Oak barrels: $0.43Winemaking labour and cellar work: $2.00Cellar aging: $1.04Bottle, closure, label, case and bottling: $3.90Winery overhead: $2.00Financing over the aging period: $0.85$17 per bottleHigh estimateImputed land cost: $25.08Vineyard operations: $6.84Oak barrels: $1.40Winemaking labour and cellar work: $4.00Cellar aging: $2.56Bottle, closure, label, case and bottling: $10.40Winery overhead: $5.00Financing over the aging period: $6.19$61 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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