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 2020

2020 was an excellent year in Burgundy, just a step below the very best.

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 ripe, well-balanced wine with a long life ahead of it.

3 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
Excellent
Last sold at auction for
$18,750a bottle · Christie's, Feb 2026
How hard to find
Rare6 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 $16,250 and $20,000 each, across 4 sales since September 2023.

Every sale on record7 lots, each linked to the auction house
$15,000$16,000$17,000$18,000$19,000$20,000202420252026USD per 75 cl bottle · 2023-09-12 · $20,000USD per 75 cl bottle · 2025-09-18 · $16,250USD per 75 cl bottle · 2025-09-18 · $16,250USD per 75 cl bottle · 2026-02-12 · $18,750USD per bottle: lot price ÷ bottles in the lotSale date4 lots of 75 cl bottles sold in USD at Christie's · prices as published by each house
Sale dateHouse and saleFormatLot pricePer bottle
Feb 2026Christie'sFinest and Rarest Wines & Spirits Online New York: The Icons Collection (sale 24587) · New York · lot 183 × 75 cl$56,250$18,750
Oct 2025Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24578) · London · lot 641 × 75 cl≈$16,536≈$16,536
Oct 2025Christie'sAn Impeccable Private Collection Purchased on Release (sale 23894) · London · lot 32 × 75 cl≈$33,072≈$16,536
Sep 2025Christie'sFine and Rare Wines Online: LA Edition (sale 23751) · Los Angeles · lot 2341 × 75 cl$16,250$16,250
Sep 2025Christie'sFine and Rare Wines Online: LA Edition (sale 23751) · Los Angeles · lot 2331 × 75 cl$16,250$16,250
Apr 2024Christie'sFine and Rare Wines Online: Featuring a Superlative Collection of Grand Cru Burgundy (sale 23030) · London · lot 12 × 75 cl≈$36,380≈$18,190
Sep 2023Christie'sFine and Rare Wines Online: Featuring a Superb Collection from the Pacific Northwest (sale 22074) · Los Angeles · lot 3391 × 75 cl$20,000$20,000
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