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 de la Romanée-Conti, Romanée-Conti 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, Romanée-Conti Grand Cru · Compare

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

What to expect

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

26 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
Mixed
Last sold at auction for
≈$22,300a bottle · Christie's, Nov 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.

20232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995
ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$15,928 and ≈$22,300 each, across 11 sales since June 2021.

Every sale on record22 lots, each linked to the auction house
$14,000$16,000$18,000$20,000$22,0002022202320242025HKD per 75 cl bottle · 2021-06-07 · $17,521HKD per 75 cl bottle · 2022-05-20 · $18,583HKD per 75 cl bottle · 2024-05-31 · $15,928HKD per 75 cl bottle · 2024-05-31 · $17,521HKD per 75 cl bottle · 2024-05-31 · $17,521HKD per 75 cl bottle · 2024-05-31 · $19,114HKD per 75 cl bottle · 2024-05-31 · $19,114HKD per 75 cl bottle · 2024-05-31 · $20,707HKD per 75 cl bottle · 2024-10-03 · $15,928HKD per 75 cl bottle · 2025-05-21 · $22,300HKD per 75 cl bottle · 2025-11-20 · $22,300USD per bottle: lot price ÷ bottles in the lotSale date11 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
Feb 2026Christie'sFinest and Rarest Wines & Spirits Online New York: The Icons Collection (sale 24587) · New York · lot 11 × 75 cl$16,250$16,250
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50791 × 75 cl≈$22,300≈$22,300
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 1011 × 75 cl≈$22,300≈$22,300
Apr 2025Christie'sFine and Rare Wines Online: London Edition (sale 23891) · London · lot 1333 × 75 cl≈$46,302≈$15,434
Oct 2024Christie'sThe Epic Cellar Part II (sale 23200) · Hong Kong · lot 1733 × 75 cl≈$47,785≈$15,928
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53741 × 75 cl≈$15,928≈$15,928
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53731 × 75 cl≈$17,521≈$17,521
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53721 × 75 cl≈$19,114≈$19,114
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53711 × 75 cl≈$17,521≈$17,521
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53701 × 75 cl≈$19,114≈$19,114
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 53691 × 75 cl≈$20,707≈$20,707
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 201 × 150 cl≈$31,419≈$31,419
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 191 × 75 cl≈$16,536≈$16,536
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 181 × 75 cl≈$16,536≈$16,536
Oct 2023Christie'sFine and Rare Wines Online: Featuring Two Superlative Collections (sale 22105) · Los Angeles · lot 1661 × 75 cl$16,250$16,250
Dec 2022Christie'sFinest and Rarest Wines & Spirits: Featuring Exceptional Anniversary Offerings from Ridge Vineyards and Champagne Philipponnat (sale 21096) · London · lot 1471 × 75 cl≈$16,536≈$16,536
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 3761 × 75 cl≈$21,064≈$21,064
May 2022Christie'sFine and Rare Wines & Spirits Online: The Geneva Edit (sale 20939) · Geneva · lot 321 × 75 cl≈$16,550≈$16,550
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 54126 × 75 cl≈$111,499≈$18,583
Nov 2021Christie'sFine and Rare Wines and Spirits (sale 20042) · Geneva · lot 4371 × 75 cl≈$22,117≈$22,117
Jun 2021Christie'sFinest and Rarest Wines and Spirits (sale 19857) · Hong Kong · lot 1291 × 75 cl≈$17,521≈$17,521
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 51453 × 150 cl≈$127,427≈$42,476
 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

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Last reviewed: September 2026Report an error on this page