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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Harlan Estate, Napa Valley proprietary red 2020

2020 was a difficult year in Napa Valley. The weather made life hard for the growers.

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

The Glass and LNU fires; smoke taint led several cult estates to release no wine from the vintage. Wines from years like this are lighter and scarcer, and are generally best drunk early.

27 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
Difficult
Last sold at auction for
≈$1,102a bottle · Christie's, Jun 2026
How hard to find
Getting scarce6 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 ≈$1,102 and ≈$1,323 each, across 3 sales since June 2025.

Every sale on record6 lots, each linked to the auction house
$1,000$1,100$1,200$1,3002026GBP per 75 cl bottle · 2025-06-17 · $1,158GBP per 75 cl bottle · 2025-06-17 · $1,323GBP per 75 cl bottle · 2026-06-18 · $1,102USD 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
Jun 2026Christie'sFine and Rare Wines & Spirits Online Day 2: Featuring a Collection Direct from González Byass (sale 25045) · London · lot 10903 × 75 cl≈$3,307≈$1,102
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 6983 × 75 cl≈$3,504≈$1,168
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 2471 × 150 cl≈$2,315≈$2,315
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 2462 × 75 cl≈$2,315≈$1,158
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 2456 × 75 cl≈$7,937≈$1,323
Jun 2024Christie'sFine and Rare Wines Online: Featuring The Landmark Cellar (sale 23089) · Los Angeles · lot 1586 × 75 cl$7,500$1,250
 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: $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