CorkonomicsThe economics of wine production, collection, and vineyards
The numbers
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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Dom Pérignon P2 (Plénitude 2) 1998

1998 was a very good year in Champagne: reliable and well liked.

Save · All vintages of Dom Pérignon P2 (Plénitude 2) · Compare

Interior of the Saint-Pierre Abbey of Hautvillers with the grave of Dom Pérignon, Champagne, France
Massimo Santi · Adobe Stock · Adobe Stock Standard License

What to expect

Expect a good, dependable wine, often ready a little sooner than the greatest years.

1 of the 6 years we cover for this wine were rated higher.

A glass of golden sparkling wine on a marble mantelpiece in front of a gilt mirror
The year
Very Good
Last sold at auction for
≈$397a 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 ≈$351 and ≈$441 each, across 3 sales since June 2021.

Every sale on record5 lots, each linked to the auction house
$325$350$375$400$425$450202220232024GBP per 75 cl bottle · 2021-06-17 · $351GBP per 75 cl bottle · 2023-10-23 · $441GBP per 75 cl bottle · 2024-06-19 · $397USD per bottle: lot price ÷ bottles in the lotSale date3 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
Jun 2024Christie'sFine and Rare Wines Online: Featuring Historical Vintage Port from the Cellars of Raby Castle (sale 23061) · London · lot 7391 × 75 cl≈$397≈$397
Oct 2023Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 21939) · London · lot 6112 × 75 cl≈$5,292≈$441
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68191 × 150 cl≈$1,434≈$1,434
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 32012 × 75 cl≈$4,213≈$351
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 26612 × 75 cl≈$4,141≈$345
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: $26–$89 a bottle

We estimate it costs about $26 to $89 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: $4.95Vineyard operations: $1.65Oak barrels: $0.19Winemaking labour and cellar work: $3.00Cellar aging: $3.60Bottle, closure, label, case and bottling: $4.90Winery overhead: $3.00Financing over the aging period: $5.11$26 per bottleHigh estimateImputed land cost: $13.16Vineyard operations: $3.59Oak barrels: $0.76Winemaking labour and cellar work: $6.00Cellar aging: $10.80Bottle, closure, label, case and bottling: $12.40Winery overhead: $8.00Financing over the aging period: $34.47$89 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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