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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Giacomo Conterno, Barolo Riserva Monfortino 2010

2010 was an exceptional year in Piedmont: about as good as it gets.

Save · All vintages of Giacomo Conterno, Barolo Riserva Monfortino · Compare

The village of Serralunga d'Alba and the Langhe, Italy
Richard Semik · Adobe Stock · Adobe Stock Standard License

What to expect

Long, cool growing season; a classic structured vintage widely rated the best of the decade. Expect a rich, complete wine that can keep improving for decades.

It is the only year of this wine, out of the 10 we cover, with the top mark.

A glass of brick-red wine on an old cask in a brick cellar of very large oak casks
The year
Exceptional
Last sold at auction for
≈$1,323a bottle · Christie's, Jun 2026
How hard to find
Rare16 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 ≈$1,240 and ≈$1,764 each, across 5 sales since September 2022.

Every sale on record7 lots, each linked to the auction house
$1,000$1,200$1,400$1,600$1,8002023202420252026GBP per 75 cl bottle · 2022-09-28 · $1,764GBP per 75 cl bottle · 2023-06-06 · $1,488GBP per 75 cl bottle · 2024-10-21 · $1,240GBP per 75 cl bottle · 2025-06-17 · $1,543GBP per 75 cl bottle · 2026-06-18 · $1,323USD per bottle: lot price ÷ bottles in the lotSale date5 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 2026Christie'sFine and Rare Wines & Spirits Online Day 2: Featuring a Collection Direct from González Byass (sale 25045) · London · lot 10423 × 75 cl≈$3,969≈$1,323
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 5693 × 75 cl≈$4,630≈$1,543
Oct 2024Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23031) · London · lot 3011 × 75 cl≈$1,240≈$1,240
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 6741 × 150 cl≈$3,142≈$3,142
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 66910 × 75 cl≈$14,883≈$1,488
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 3811 × 150 cl≈$2,977≈$2,977
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 3803 × 75 cl≈$5,292≈$1,764
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: $21–$82 a bottle

We estimate it costs about $21 to $82 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: $4.91Vineyard operations: $2.38Oak barrels: $0.12Winemaking labour and cellar work: $2.50Cellar aging: $2.56Bottle, closure, label, case and bottling: $3.90Winery overhead: $2.50Financing over the aging period: $2.42$21 per bottleHigh estimateImputed land cost: $27.43Vineyard operations: $5.88Oak barrels: $0.51Winemaking labour and cellar work: $5.00Cellar aging: $7.20Bottle, closure, label, case and bottling: $10.40Winery overhead: $6.00Financing over the aging period: $19.66$82 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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