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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Petrus 1992

About 30,000 bottles of Merlot from 11.4 hectares of Pomerol clay: the most expensive wine of Bordeaux and the region's purest scarcity case.

Save · All vintages of Petrus · Compare

Petrus, Pomerol
Giogo · Wikimedia Commons · CC BY-SA 4.0

What to expect

A glass of deep red wine and a bowl of plums on a kitchen table, with old vines outside the window
Last sold at auction for
≈$2,071a bottle · Christie's, Mar 2026
How hard to find
Getting scarce34 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 ≈$1,991 and ≈$2,257 each, across 5 sales since December 2022.

Every sale on record12 lots, each linked to the auction house
$1,900$2,000$2,100$2,200$2,3002023202420252026HKD per 75 cl bottle · 2022-12-05 · $2,257HKD per 75 cl bottle · 2023-03-23 · $2,124HKD per 75 cl bottle · 2023-05-24 · $1,991HKD per 75 cl bottle · 2023-10-03 · $2,071HKD per 75 cl bottle · 2026-03-16 · $2,071USD 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
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 4841 × 75 cl≈$2,071≈$2,071
Apr 2025Christie'sFine and Rare Wines Online: Featuring the Cellar of a Southwestern Collector and the Final Offering from the Collection of Ben Ichinose (sale 23749) · Los Angeles · lot 1225 × 75 cl$9,375$1,875
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 6056 × 75 cl≈$11,575≈$1,929
Jul 2024Christie'sFine and Rare Wines Online: LA Edition (sale 23095) · Los Angeles · lot 1082 × 75 cl$5,250$2,625
Oct 2023Christie'sAn All-Encompassing Cellar: Online (sale 22115) · Hong Kong · lot 1601 × 75 cl≈$2,071≈$2,071
May 2023Christie'sAn Exceptional Private Cellar Part II (sale 22119) · Hong Kong · lot 60636 × 75 cl≈$11,946≈$1,991
Apr 2023Christie'sThe Two Continents Collection - The Private Cellar of Irwin Kotovsky Online: Part I (sale 22463) · Los Angeles · lot 14912 × 75 cl$25,000$2,083
Apr 2023Christie'sThe Two Continents Collection - The Private Cellar of Irwin Kotovsky Online: Part I (sale 22463) · Los Angeles · lot 1486 × 75 cl$10,625$1,771
Mar 2023Christie'sGrands Crus Part III: Finest and Rarest Wines from the Cellar of Christen Sveaas (sale 22118) · Hong Kong · lot 1823 × 75 cl≈$6,371≈$2,124
Dec 2022Christie'sAn Immaculate European Connoisseur's Collection Part II: Online (sale 22000) · Hong Kong · lot 2112 × 75 cl≈$27,078≈$2,257
Dec 2022Christie'sFinest and Rarest Wines & Spirits: Featuring Exceptional Anniversary Offerings from Ridge Vineyards and Champagne Philipponnat (sale 21096) · London · lot 6663 × 75 cl≈$5,292≈$1,764
Jun 2021Christie'sFinest and Rarest Wines and Spirits (sale 19857) · Hong Kong · lot 1971 × 150 cl≈$3,823≈$3,823
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

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Last reviewed: September 2026Report an error on this page