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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Petrus 2004

2004 was a good, solid year in Bordeaux, without being a standout.

Save · All vintages of Petrus · Compare

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

What to expect

Expect a pleasant, lighter wine that is usually best enjoyed younger.

19 of the 30 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
Good
Last sold at auction for
≈$2,549a bottle · Christie's, Mar 2026
How hard to find
Getting scarce22 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 ≈$1,947 and ≈$3,982 each, across 10 sales since November 2021.

Every sale on record21 lots, each linked to the auction house
$1,500$2,000$2,500$3,000$3,500$4,00020222023202420252026HKD per 75 cl bottle · 2021-11-25 · $3,982HKD per 75 cl bottle · 2023-05-24 · $2,655HKD per 75 cl bottle · 2023-05-24 · $2,655HKD per 75 cl bottle · 2023-09-13 · $2,549HKD per 75 cl bottle · 2023-09-13 · $3,186HKD per 75 cl bottle · 2023-10-03 · $2,549HKD per 75 cl bottle · 2023-11-24 · $2,389HKD per 75 cl bottle · 2024-01-29 · $2,655HKD per 75 cl bottle · 2024-10-25 · $1,947HKD per 75 cl bottle · 2026-03-16 · $2,549USD per bottle: lot price ÷ bottles in the lotSale date10 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
Jul 2026Christie'sFine & Rare Wines: Featuring The Reserve Cellar and 50th Anniversary Wines Direct From Stag's Leap Wine Cellars (sale 24555) · Los Angeles · lot 11721 × 75 cl$2,500$2,500
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 4972 × 75 cl≈$5,097≈$2,549
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 6093 × 75 cl≈$5,788≈$1,929
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 52009 × 75 cl≈$17,521≈$1,947
May 2024Christie'sThe Epic Cellar (sale 23190) · Hong Kong · lot 52706 × 150 cl≈$28,671≈$4,779
Apr 2024Christie'sLe Gavroche Part II: The Wine Cellar (sale 22983) · London · lot 47310 × 75 cl≈$15,709≈$1,571
Jan 2024Christie'sA Pristine Contemporary Cellar: Online (sale 22660) · Hong Kong · lot 1293 × 75 cl≈$7,964≈$2,655
Nov 2023Christie'sFinest and Rarest Wines: Three Stunning Cellars (sale 22123) · Hong Kong · lot 62575 × 75 cl≈$11,946≈$2,389
Oct 2023Christie'sFine and Rare Wines & Spirits Online: Continental Cellars (sale 23054) · London · lot 1701 × 75 cl≈$2,646≈$2,646
Oct 2023Christie'sAn All-Encompassing Cellar: Online (sale 22115) · Hong Kong · lot 1721 × 75 cl≈$2,549≈$2,549
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 3022 × 75 cl≈$5,097≈$2,549
Sep 2023Christie'sFinest and Rarest Wines & Spirits (sale 22121) · Hong Kong · lot 603 × 75 cl≈$9,557≈$3,186
May 2023Christie'sAn Exceptional Private Cellar Part II (sale 22119) · Hong Kong · lot 606512 × 75 cl≈$31,857≈$2,655
May 2023Christie'sAn Exceptional Private Cellar Part II (sale 22119) · Hong Kong · lot 606412 × 75 cl≈$31,857≈$2,655
Apr 2023Christie'sFinest and Rarest Wines & Spirits (sale 21934) · London · lot 14112 × 75 cl≈$36,380≈$3,032
Apr 2023Christie'sFinest and Rarest Wines & Spirits (sale 21934) · London · lot 14012 × 75 cl≈$36,380≈$3,032
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 1221 × 150 cl≈$6,018≈$6,018
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 1211 × 75 cl≈$3,009≈$3,009
May 2022Christie'sFine and Rare Wines & Spirits Online: The Geneva Edit (sale 20939) · Geneva · lot 6241 × 75 cl≈$3,009≈$3,009
Nov 2021Christie'sFinest and Rarest Wines (sale 19867) · Hong Kong · lot 60836 × 75 cl≈$23,893≈$3,982
May 2021Christie'sFine and Rare Wines (sale 20026) · Geneva · lot 4513 × 75 cl≈$8,109≈$2,703
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