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, Romanée-Conti Grand Cru 1998

1998 was a good, solid year in Burgundy, without being a standout.

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

The Romanée-Conti vineyard
Arnaud 25 · Wikimedia Commons · CC BY-SA 4.0

What to expect

Expect a pleasant, lighter wine that is usually best enjoyed younger.

18 of the 29 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
Good
Last sold at auction for
≈$18,583a bottle · Christie's, May 2025
How hard to find
Rare28 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 ≈$12,743 and ≈$25,485 each, across 8 sales since November 2021.

Every sale on record13 lots, each linked to the auction house
$10,000$15,000$20,000$25,0002022202320242025HKD per 75 cl bottle · 2021-11-25 · $25,485HKD per 75 cl bottle · 2022-04-12 · $25,220HKD per 75 cl bottle · 2022-04-12 · $25,485HKD per 75 cl bottle · 2023-09-13 · $17,521HKD per 75 cl bottle · 2024-05-31 · $12,743HKD per 75 cl bottle · 2024-05-31 · $13,539HKD per 75 cl bottle · 2024-10-25 · $17,521HKD per 75 cl bottle · 2025-05-21 · $18,583USD per bottle: lot price ÷ bottles in the lotSale date8 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
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 903 × 75 cl≈$55,750≈$18,583
Dec 2024Christie'sFine and Rare Wines including Vintage Icons from a West Coast Cellar and Historic Port from the Cellars of Raby Castle (sale 23100) · Los Angeles · lot 3212 × 75 cl$27,500$13,750
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 53321 × 75 cl≈$17,521≈$17,521
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 1401 × 75 cl≈$14,056≈$14,056
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 1391 × 75 cl≈$15,709≈$15,709
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53541 × 75 cl≈$13,539≈$13,539
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53531 × 75 cl≈$12,743≈$12,743
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 861 × 75 cl≈$17,521≈$17,521
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 5408 × 75 cl≈$140,558≈$17,570
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 3701 × 75 cl≈$22,569≈$22,569
Apr 2022Christie'sICONIC WINES FROM JOSEPH LAU (sale 21211) · Hong Kong · lot 462 × 75 cl≈$50,971≈$25,485
Apr 2022Christie'sICONIC WINES FROM JOSEPH LAU (sale 21211) · Hong Kong · lot 456 × 75 cl≈$151,320≈$25,220
Nov 2021Christie'sFinest and Rarest Wines (sale 19867) · Hong Kong · lot 60661 × 75 cl≈$25,485≈$25,485
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