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
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Masseto, Toscana IGT 2003

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

Save · All vintages of Masseto, Toscana IGT · Compare

Masseto
Ornellaia e Masseto Società Agricola S.r.l.. · 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.

25 of the 28 years we cover for this wine were rated higher.

A glass of deep red wine and a bowl of plums on a kitchen table, with old vines outside the window
The year
Mixed
Last sold at auction for
≈$717a bottle · Christie's, Jun 2023
How hard to find
Getting scarce23 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 ≈$717 and ≈$772 each, across 2 sales since June 2023.

Every sale on record8 lots, each linked to the auction house
Sale dateHouse and saleFormatLot pricePer bottle
Sep 2025Christie'sFine & Rare Wines Featuring an Exceptional Masseto Collection (sale 24000) · London · lot 511 × 600 cl≈$6,614≈$6,614
Sep 2025Christie'sFine & Rare Wines Featuring an Exceptional Masseto Collection (sale 24000) · London · lot 501 × 300 cl≈$3,307≈$3,307
Sep 2025Christie'sFine & Rare Wines Featuring an Exceptional Masseto Collection (sale 24000) · London · lot 491 × 150 cl≈$1,654≈$1,654
Oct 2024Christie'sA Life Well Lived Online: The Remarkable Cellar of Melina and Dr N.K. Yong - Outside of France (sale 23197) · Hong Kong · lot 781 × 300 cl≈$2,549≈$2,549
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 54471 × 300 cl≈$2,549≈$2,549
Oct 2023Christie'sFine and Rare Wines Online: Featuring Two Superlative Collections (sale 22105) · Los Angeles · lot 2793 × 75 cl$2,375$792
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 10763 × 75 cl≈$2,315≈$772
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 6263 × 75 cl≈$2,150≈$717
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: $29–$101 a bottle

We estimate it costs about $29 to $101 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: $9.11Vineyard operations: $3.87Oak barrels: $0.50Winemaking labour and cellar work: $3.00Cellar aging: $1.12Bottle, closure, label, case and bottling: $4.90Winery overhead: $5.00Financing over the aging period: $1.54$29 per bottleHigh estimateImputed land cost: $43.88Vineyard operations: $10.24Oak barrels: $1.61Winemaking labour and cellar work: $6.00Cellar aging: $2.72Bottle, closure, label, case and bottling: $13.40Winery overhead: $12.00Financing over the aging period: $10.69$101 per bottleImputed land costVineyard operationsOak barrelsWinemaking labour and cellar workCellar agingBottle, closure, label, case and bottlingWinery overheadFinancing over the aging periodUS$ 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