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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Domaine de la Romanée-Conti, Richebourg Grand Cru 2004

2004 was a mixed year in Burgundy. Some estates did well and others struggled.

Save · All vintages of Domaine de la Romanée-Conti, Richebourg Grand Cru · Compare

Grand cru vineyards of Richebourg, Burgundy, France
Richard Semik · Adobe Stock · Adobe Stock Standard License

What to expect

Quality varied from estate to estate, so the name on the label matters more than usual.

21 of the 24 years we cover for this wine were rated higher.

A glass of red wine on a mossy stone wall beside an autumn vineyard, with a church spire in the mist
The year
Mixed
Last sold at auction for
≈$3,032a bottle · Christie's, Oct 2025
How hard to find
Rare22 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.

ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$2,646 and ≈$3,032 each, across 3 sales since June 2023.

Every sale on record5 lots, each linked to the auction house
$2,600$2,700$2,800$2,900$3,000$3,10020242025GBP per 75 cl bottle · 2023-06-06 · $2,977GBP per 75 cl bottle · 2025-06-18 · $2,646GBP per 75 cl bottle · 2025-10-20 · $3,032USD 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
Oct 2025Christie'sAn Impeccable Private Collection Purchased on Release (sale 23894) · London · lot 183 × 75 cl≈$9,095≈$3,032
Jun 2025Christie'sFine & Rare Wines & Spirits Online: London Edition (sale 23893) · London · lot 1342 × 75 cl≈$5,292≈$2,646
Jun 2023Christie'sA Dazzling DRC Collection from a French Private Cellar: Online (sale 22114) · Hong Kong · lot 2911 × 75 cl≈$41,414≈$3,765
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 5741 × 75 cl≈$2,977≈$2,977
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 51182 × 150 cl≈$13,539≈$6,770
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: $48–$283 a bottle

We estimate it costs about $48 to $283 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: $27.58Vineyard operations: $4.87Oak barrels: $0.54Winemaking labour and cellar work: $3.00Cellar aging: $0.96Bottle, closure, label, case and bottling: $4.40Winery overhead: $4.00Financing over the aging period: $2.18$48 per bottleHigh estimateImputed land cost: $207.45Vineyard operations: $14.04Oak barrels: $1.72Winemaking labour and cellar work: $6.00Cellar aging: $2.72Bottle, closure, label, case and bottling: $11.40Winery overhead: $10.00Financing over the aging period: $30.15$283 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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