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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Domaine Jean-Louis Chave, Hermitage 2016

2016 was an exceptional year in Rhône: about as good as it gets.

Save · All vintages of Domaine Jean-Louis Chave, Hermitage · Compare

Sunset over the vineyards of Tain-l'Hermitage, Rhône Valley, France
Daniel · 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 2 others out of the 23 we cover.

A glass of dark red wine on a terrace wall in a very steep vineyard above a wide river
The year
Exceptional
Last sold at auction for
≈$292a bottle · Christie's, Jun 2026
How hard to find
Getting scarce10 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.

2022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995
ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$292 and ≈$319 each, across 2 sales since March 2025.

Every sale on record3 lots, each linked to the auction house
Sale dateHouse and saleFormatLot pricePer bottle
Jun 2026Christie'sThe Opulent Cellar: Online (sale 24463) · Hong Kong · lot 3436 × 75 cl≈$1,752≈$292
Jun 2026Christie'sFine and Rare Wines & Spirits Online Day 2: Featuring a Collection Direct from González Byass (sale 25045) · London · lot 10296 × 75 cl≈$1,819≈$303
Mar 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23906) · Hong Kong · lot 12712 × 75 cl≈$3,823≈$319
 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: $21–$70 a bottle

We estimate it costs about $21 to $70 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: $3.04Vineyard operations: $4.66Oak barrels: $0.38Winemaking labour and cellar work: $3.00Cellar aging: $1.20Bottle, closure, label, case and bottling: $4.40Winery overhead: $3.00Financing over the aging period: $1.18$21 per bottleHigh estimateImputed land cost: $14.63Vineyard operations: $13.30Oak barrels: $1.83Winemaking labour and cellar work: $6.00Cellar aging: $4.00Bottle, closure, label, case and bottling: $11.40Winery overhead: $8.00Financing over the aging period: $10.35$70 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ per 75 cl bottle at the winery, before any margin, tax or transport · Corkonomics cost model

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Last reviewed: September 2026Report an error on this page