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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Krug Clos du Mesnil 2003

2003 was a mixed year in Champagne. Some estates did well and others struggled.

Save · All vintages of Krug Clos du Mesnil · Compare

Krug, Reims
Tomas e · Wikimedia Commons · CC BY-SA 3.0

What to expect

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

6 of the 7 years we cover for this wine were rated higher.

A glass of golden sparkling wine on a marble mantelpiece in front of a gilt mirror
The year
Mixed
Last sold at auction for
≈$1,115a bottle · Christie's, Mar 2023
How hard to find
Rare23 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 ≈$850 and ≈$1,195 each, across 5 sales since March 2021.

Every sale on record10 lots, each linked to the auction house
$800$900$1,000$1,100$1,20020222023HKD per 75 cl bottle · 2021-03-26 · $850HKD per 75 cl bottle · 2021-05-19 · $996HKD per 75 cl bottle · 2021-05-19 · $996HKD per 75 cl bottle · 2022-05-22 · $1,195HKD per 75 cl bottle · 2023-03-22 · $1,115USD 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
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 123 × 75 cl$3,250$1,083
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 113 × 75 cl$3,250$1,083
Jul 2025Christie'sFine and Rare Wines Online: Hong Kong Edition Featuring The Cellar of a Meticulous Wine Lover Part II (sale 23908) · Hong Kong · lot 7441 × 150 cl≈$2,389≈$2,389
Mar 2023Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 22112) · Hong Kong · lot 2014 × 75 cl≈$4,460≈$1,115
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68812 × 150 cl≈$5,097≈$2,549
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68804 × 75 cl≈$4,779≈$1,195
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 540612 × 75 cl≈$11,946≈$996
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 540512 × 75 cl≈$11,946≈$996
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 2993 × 75 cl≈$2,549≈$850
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 2981 × 150 cl≈$1,911≈$1,911
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–$89 a bottle

We estimate it costs about $26 to $89 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: $4.95Vineyard operations: $1.65Oak barrels: $0.19Winemaking labour and cellar work: $3.00Cellar aging: $3.60Bottle, closure, label, case and bottling: $4.90Winery overhead: $3.00Financing over the aging period: $5.11$26 per bottleHigh estimateImputed land cost: $13.16Vineyard operations: $3.59Oak barrels: $0.76Winemaking labour and cellar work: $6.00Cellar aging: $10.80Bottle, closure, label, case and bottling: $12.40Winery overhead: $8.00Financing over the aging period: $34.47$89 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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