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 Vintage 2002

2002 was an exceptional year in Champagne: about as good as it gets.

Save · All vintages of Krug Vintage · Compare

A glass of Krug 2004 Champagne
Takashi Images · Adobe Stock · Adobe Stock Standard License

What to expect

Expect a rich, complete wine that can keep improving for decades.

No year of this wine is rated higher. It shares the top mark with 1 others out of the 7 we cover.

A glass of golden sparkling wine on a marble mantelpiece in front of a gilt mirror
The year
Exceptional
Last sold at auction for
≈$398a bottle · Christie's, Oct 2025

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 ≈$398 and ≈$531 each, across 11 sales since May 2021.

Every sale on record18 lots, each linked to the auction house
$350$400$450$500$5502022202320242025HKD per 75 cl bottle · 2021-05-19 · $531HKD per 75 cl bottle · 2021-05-19 · $531HKD per 75 cl bottle · 2022-05-20 · $451HKD per 75 cl bottle · 2022-05-22 · $531HKD per 75 cl bottle · 2022-05-22 · $531HKD per 75 cl bottle · 2022-09-08 · $465HKD per 75 cl bottle · 2022-09-08 · $531HKD per 75 cl bottle · 2023-05-23 · $504HKD per 75 cl bottle · 2024-10-25 · $451HKD per 75 cl bottle · 2025-10-26 · $398HKD per 75 cl bottle · 2025-10-26 · $398USD per bottle: lot price ÷ bottles in the lotSale date11 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'sA Prodigious Private Cellar of Impeccable Provenance Part II: Online (sale 23825) · Hong Kong · lot 52526 × 75 cl≈$2,389≈$398
Oct 2025Christie'sA Prodigious Private Cellar of Impeccable Provenance Part II: Online (sale 23825) · Hong Kong · lot 52516 × 75 cl≈$2,389≈$398
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 2812 × 75 cl$5,625$469
Sep 2025Christie'sThe Glorious Cellar of a European Connoisseur (sale 24214) · New York · lot 2712 × 75 cl$6,000$500
Dec 2024Christie'sThe Cellar in the Mountain: Pristine Wines from the Skigaarden Collection (sale 23081) · London · lot 6014 × 75 cl≈$7,937≈$567
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 56426 × 75 cl≈$2,708≈$451
Dec 2023Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23055) · London · lot 448 × 150 cl≈$9,095≈$1,137
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 3211 × 150 cl≈$1,035≈$1,035
May 2023Christie'sFinest and Rarest Wines: Featuring Four Stunning Cellars & Library Vintages Direct From Château Léoville Poyferré (sale 22120) · Hong Kong · lot 55016 × 75 cl≈$3,026≈$504
Sep 2022Christie'sFinest and Rarest Wines: Featuring The Epicure's Cellar (sale 21999) · Hong Kong · lot 139512 × 75 cl≈$5,575≈$465
Sep 2022Christie'sFinest and Rarest Wines: Featuring The Epicure's Cellar (sale 21999) · Hong Kong · lot 11976 × 75 cl≈$3,186≈$531
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 68602 × 150 cl≈$2,071≈$1,035
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 685912 × 75 cl≈$6,371≈$531
May 2022Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies Part II (sale 21086) · Hong Kong · lot 685812 × 75 cl≈$6,371≈$531
May 2022Christie'sTHE VISIONARY'S SPECTACULAR CELLAR (sale 21212) · Hong Kong · lot 57696 × 75 cl≈$2,708≈$451
Dec 2021Christie'sFinest and Rarest Wines & Spirits: Featuring Historic Vintages from Perrier-Jouët, Legendary Whisky from Le Clos and an Evening Sale of Treasures from a Rediscovered Chalk Cellar (sale 20064) · London · lot 3566 × 150 cl≈$7,779≈$1,296
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 538712 × 75 cl≈$6,371≈$531
May 2021Christie'sThe Ultimate Private Collection Featuring The Greatest Burgundies (sale 19856) · Hong Kong · lot 538612 × 75 cl≈$6,371≈$531
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