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
Corkonomics
LearnGrapesRegionsWinesNews
Wine basicsThe five types of wineHow to taste wineHow to read a wine labelWine with foodWine words
Learn the economicsThe economics of wine productionThe economics of wine collectingCourses
Regions
BordeauxBurgundyChampagneRhôneNapa ValleyTuscanyPiedmontMoselOregonRiojaCalifornia sparklingValais and LavauxEnglandDouroEtnaMendozaMarlboroughStellenboschBarossa ValleyTasmaniaBeaujolaisJuraAlsaceLoireProvenceRibera del DueroSonoma
What land costsGood years and badAppellationsFamous vineyards
Wines
Famous winesWho makes themFind a vintageCompare wines
PricesWhat a bottle costs to makeWhat vineyard land costsWhat grapes fetchWhat the border addsWhy wine costs what it doesRelease pricesAuction resultsTariffsMarket overviewWine in official statisticsVineyard economicsResearch
MoreAsk the DataAI agentsSavedAPIAbout usMethodologyContact
Dark mode
Language
Currency
Settings
Dark mode
Language
Currency

New to wine? Start with the short lessons, then look up any word you do not know.

Learn · Wine words · Your saved pages

Harlan Estate, Napa Valley proprietary red 2005

2005 was a very good year in Napa Valley: reliable and well liked.

Save · All vintages of Harlan Estate, Napa Valley proprietary red · Compare

Vineyard in Oakville, Napa Valley
Marco · Adobe Stock · Adobe Stock Standard License

What to expect

Expect a good, dependable wine, often ready a little sooner than the greatest years.

11 of the 29 years we cover for this wine were rated higher.

A glass of dark red wine on a winery terrace above vineyards and golden hills at sunset
The year
Very Good
Last sold at auction for
≈$956a bottle · Christie's, Oct 2025
How hard to find
Rare21 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 ≈$850 and ≈$956 each, across 3 sales since December 2021.

Every sale on record6 lots, each linked to the auction house
$825$850$875$900$925$950$9752022202320242025HKD per 75 cl bottle · 2021-12-13 · $850HKD per 75 cl bottle · 2021-12-13 · $850HKD per 75 cl bottle · 2025-10-26 · $956USD 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'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 23826) · Hong Kong · lot 4931 × 75 cl≈$956≈$956
Oct 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23133) · Los Angeles · lot 4003 × 75 cl$2,750$917
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 3243 × 75 cl≈$2,811≈$937
Feb 2023Christie'sFine and Rare Wines Online: Featuring the Renowned Cellar of an American Collector (sale 21810) · Los Angeles · lot 5611 × 150 cl$2,250$2,250
Dec 2021Christie'sFinest and Rarest Wines Online (sale 21178) · Hong Kong · lot 2266 × 75 cl≈$5,097≈$850
Dec 2021Christie'sFinest and Rarest Wines Online (sale 21178) · Hong Kong · lot 2256 × 75 cl≈$5,097≈$850
 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.

Filter and browse

What does this wine cost to make?Our estimate: $26–$80 a bottle

We estimate it costs about $26 to $80 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: $3.82Vineyard operations: $5.79Oak barrels: $0.69Winemaking labour and cellar work: $3.00Cellar aging: $1.28Bottle, closure, label, case and bottling: $5.40Winery overhead: $4.00Financing over the aging period: $1.53$26 per bottleHigh estimateImputed land cost: $16.44Vineyard operations: $18.46Oak barrels: $1.67Winemaking labour and cellar work: $6.00Cellar aging: $3.20Bottle, closure, label, case and bottling: $14.40Winery overhead: $10.00Financing over the aging period: $9.82$80 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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