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

Krug Clos du Mesnil 2004

2004 was a very good year in Champagne: reliable and well liked.

Save · All vintages of Krug Clos du Mesnil · Compare

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

What to expect

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

2 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
Very Good
Last sold at auction for
≈$1,195a bottle · Christie's, Apr 2025
How hard to find
Rare22 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.

2008200720062004200320022000
ExceptionalExcellentVery goodGoodMixedDifficult

What bottles sell for

At auction, standard bottles of this vintage have sold for between ≈$929 and ≈$1,195 each, across 6 sales since May 2021.

Every sale on record14 lots, each linked to the auction house
$900$1,000$1,100$1,2002022202320242025HKD per 75 cl bottle · 2021-05-19 · $929HKD per 75 cl bottle · 2021-05-19 · $929HKD per 75 cl bottle · 2022-05-22 · $1,062HKD per 75 cl bottle · 2023-03-22 · $1,168HKD per 75 cl bottle · 2024-01-29 · $1,035HKD per 75 cl bottle · 2025-04-23 · $1,195USD per bottle: lot price ÷ bottles in the lotSale date6 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
Nov 2025Christie'sFine and Rare Wines Online: London Edition (sale 24579) · London · lot 6403 × 75 cl≈$3,307≈$1,102
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 131 × 150 cl$2,500$2,500
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 5343 × 75 cl≈$3,307≈$1,102
Apr 2025Christie'sFine and Rare Wines Online: Hong Kong Edition (sale 23907) · Hong Kong · lot 5391 × 75 cl≈$1,195≈$1,195
Nov 2024Christie'sFinest and Rarest Wines Featuring Tignanello's 50th Anniversary Collection Direct from The Estate and a Superb European Collection (sale 22688) · London · lot 7894 × 75 cl≈$3,969≈$992
Jan 2024Christie'sA Pristine Contemporary Cellar: Online (sale 22660) · Hong Kong · lot 4512 × 75 cl≈$2,071≈$1,035
Mar 2023Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 22112) · Hong Kong · lot 2023 × 75 cl≈$3,504≈$1,168
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 3423 × 150 cl≈$10,583≈$3,528
Sep 2022Christie'sThe Treasury: Finest Wines from a Peerless Collection (sale 21095) · London · lot 3416 × 75 cl≈$8,268≈$1,378
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68831 × 150 cl≈$2,708≈$2,708
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68823 × 75 cl≈$3,186≈$1,062
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 57816 × 150 cl≈$13,539≈$2,257
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 540812 × 75 cl≈$11,150≈$929
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 540712 × 75 cl≈$11,150≈$929
 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–$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