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What land costs
Good years and bad
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Château Palmer's grand vin is a near-equal Merlot–Cabernet blend, unusual in the Médoc, aged about 20 months in 50–60% new oak. Production is reported by the trade at about 10,000–12,000 cases. It is the standard example of market price exceeding 1855 rank.
- Made by
- Château Palmer
- Style
- RedMerlot, Cabernet Sauvignon, Petit Verdot
Bordeaux classified growth (2nd–5th)
A red from one of the ranked estates of Bordeaux, from the second tier down to the fifth.
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.
The essentials
The wine and its economics
Château Palmer's grand vin is a near-equal Merlot–Cabernet blend, unusual in the Médoc, aged about 20 months in 50–60% new oak. Production is reported by the trade at about 10,000–12,000 cases. It is the standard example of market price exceeding 1855 rank.
Every year in a tableHow each year was rated, and the price the producer first asked
| Vintage | How the year was rated | Release price |
|---|---|---|
| 2025 | — | ≈$268 |
| 2024 | — | — |
| 2023 | Very Good | — |
| 2022 | Exceptional | ≈$330 |
| 2021 | Mixed | ≈$269 |
| 2020 | Excellent | ≈$269 |
| 2019 | Excellent | ≈$180 |
| 2018 | Excellent | ≈$269 |
| 2017 | Good | ≈$215 |
| 2016 | Exceptional | ≈$269 |
| 2015 | Excellent | — |
| 2014 | Very Good | — |
| 2013 | Difficult | — |
| 2012 | Good | — |
| 2011 | Good | — |
| 2010 | Exceptional | — |
| 2009 | Exceptional | — |
| 2008 | Very Good | — |
| 2007 | Mixed | — |
| 2006 | Very Good | — |
| 2005 | Exceptional | — |
| 2004 | Good | — |
| 2003 | Mixed | — |
| 2002 | Good | — |
| 2001 | Very Good | — |
| 2000 | Excellent | — |
| 1999 | Good | — |
| 1998 | Very Good | — |
| 1997 | Mixed | — |
| 1996 | Excellent | — |
| 1995 | Very Good | — |
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.
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.
| Component | Low | High |
|---|---|---|
| Imputed land cost | $4.35 | $25.08 |
| Vineyard operations | $2.54 | $6.84 |
| Oak barrels | $0.43 | $1.40 |
| Winemaking labour and cellar work | $2.00 | $4.00 |
| Cellar aging | $1.04 | $2.56 |
| Bottle, closure, label, case and bottling | $3.90 | $10.40 |
| Winery overhead | $2.00 | $5.00 |
| Financing over the aging period | $0.85 | $6.19 |
| Estimated winery production cost | $17.11 | $61.47 |
Recent auction resultsWhat bottles of this wine fetched when collectors sold them
| Sale date | Vintage | House and sale | Per bottle |
|---|---|---|---|
| Sep 2026 | 2000 | Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · lot 365 | ≈$358 with premium |
| Jul 2026 | 2003 | Christie'sFine & Rare Wines: Featuring The Reserve Cellar and 50th Anniversary Wines Direct From Stag's Leap Wine Cellars (sale 24555) · lot 1153 | $250 with premium |
| Jul 2026 | 2005 | Christie'sFine & Rare Wines: Featuring The Reserve Cellar and 50th Anniversary Wines Direct From Stag's Leap Wine Cellars (sale 24555) · lot 1152 | $354 with premium |
| Jun 2026 | 2018 | Christie'sThe Opulent Cellar: Online (sale 24463) · lot 51 | ≈$252 with premium |
| Jun 2026 | 2005 | Christie'sThe Opulent Cellar: Online (sale 24463) · lot 50 | ≈$265 with premium |
| Jun 2026 | 2003 | Christie'sThe Opulent Cellar: Online (sale 24463) · lot 49 | ≈$212 with premium |
| Jun 2026 | 1995 | Christie'sThe Opulent Cellar: Online (sale 24463) · lot 48 | ≈$1,434 with premium |
| Jun 2026 | 2000 | Christie'sFine and Rare Wines & Spirits Online Day 1: Featuring the Collection of Ken Follett (sale 24640) · lot 505 | ≈$331 with premium |
| May 2026 | 2019 | Christie'sThe Remarkable Continental Cellar of the Célérier Family (sale 24812) · lot 208 | ≈$215 with premium |
| May 2026 | 1996 | Christie'sFine and Rare Wines Online: Los Angeles Edition (sale 24553) · lot 77 | $281 with premium |
| Mar 2026 | 2006 | Christie'sAn Exemplary Collection of Domaine Armand Rousseau alongside Rarities from the Cellar of Ian Mill KC (sale 24532) · lot 273 | ≈$207 with premium |
| Mar 2026 | 2006 | Christie'sAn Exemplary Collection of Domaine Armand Rousseau alongside Rarities from the Cellar of Ian Mill KC (sale 24532) · lot 272 | ≈$207 with premium |
The detailsClassification, grapes, bottle sizes and the rest
Comparable wines
Compare →Wines from the same appellation or region that collectors weigh against this one.
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.
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.
Château Haut-Brion
The smallest first growth by production and the most Merlot-heavy, from a vineyard inside the Bordeaux suburbs.
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
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
The fifth growth with the deepest secondary market below the first growths — large production, every vintage traded.
Sources
- Château Palmer, 2025. Retrieved 3 September 2026.