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 2005

2005 was an exceptional year in Bordeaux: about as good as it gets.

Save · All vintages of Petrus · Compare

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

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 5 others out of the 30 we cover.

A glass of deep red wine and a bowl of plums on a kitchen table, with old vines outside the window
The year
Exceptional
Last sold at auction for
≈$3,186a bottle · Christie's, May 2026
How hard to find
Getting scarce21 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 ≈$2,867 and ≈$4,779 each, across 22 sales since March 2021.

Every sale on record39 lots, each linked to the auction house
$2,500$3,000$3,500$4,000$4,500$5,00020222023202420252026HKD per 75 cl bottle · 2021-03-26 · $3,451HKD per 75 cl bottle · 2022-11-24 · $3,451HKD per 75 cl bottle · 2022-11-24 · $3,717HKD per 75 cl bottle · 2023-10-03 · $3,504HKD per 75 cl bottle · 2023-11-23 · $3,717HKD per 75 cl bottle · 2024-04-10 · $2,867HKD per 75 cl bottle · 2024-10-25 · $3,186HKD per 75 cl bottle · 2024-12-04 · $3,186HKD per 75 cl bottle · 2025-05-21 · $3,717HKD per 75 cl bottle · 2025-05-21 · $3,982HKD per 75 cl bottle · 2025-05-21 · $3,982HKD per 75 cl bottle · 2025-05-21 · $4,779HKD per 75 cl bottle · 2025-11-20 · $3,186HKD per 75 cl bottle · 2025-11-20 · $3,186HKD per 75 cl bottle · 2025-11-20 · $3,451HKD per 75 cl bottle · 2025-11-20 · $3,451HKD per 75 cl bottle · 2025-11-20 · $3,451HKD per 75 cl bottle · 2026-03-16 · $3,186HKD per 75 cl bottle · 2026-05-21 · $3,186HKD per 75 cl bottle · 2026-05-21 · $3,717HKD per 75 cl bottle · 2026-05-21 · $3,717HKD per 75 cl bottle · 2026-05-21 · $3,717USD per bottle: lot price ÷ bottles in the lotSale date22 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
Sep 2026Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 24534) · London · lot 2893 × 150 cl≈$24,804≈$8,268
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50491 × 300 cl≈$17,521≈$17,521
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50486 × 75 cl≈$22,300≈$3,717
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50476 × 75 cl≈$22,300≈$3,717
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50466 × 75 cl≈$22,300≈$3,717
May 2026Christie'sICONIC WINES FROM JOSEPH LAU PART V THE FINAL PART (sale 24462) · Hong Kong · lot 50456 × 75 cl≈$19,114≈$3,186
Mar 2026Christie'sFine and Rare Wines & Spirits Online: Hong Kong Edition (sale 24459) · Hong Kong · lot 4983 × 75 cl≈$9,557≈$3,186
Dec 2025Christie'sThe Historic Cellar of Jürgen Schwarz: Five Decades of Collecting, Day I (sale 23766) · New York · lot 1786 × 75 cl$22,500$3,750
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50711 × 600 cl≈$44,600≈$44,600
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50701 × 300 cl≈$17,521≈$17,521
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50696 × 75 cl≈$20,707≈$3,451
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50686 × 75 cl≈$20,707≈$3,451
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50674 × 75 cl≈$12,743≈$3,186
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50664 × 75 cl≈$12,743≈$3,186
Nov 2025Christie'sICONIC WINES FROM JOSEPH LAU PART IV (sale 23981) · Hong Kong · lot 50653 × 75 cl≈$10,353≈$3,451
Jun 2025Christie'sThree Great Cellars: A Celebration of Superb Burgundy and Large Format Bordeaux (sale 23892) · London · lot 3663 × 75 cl≈$10,749≈$3,583
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 641 × 300 cl≈$15,132≈$15,132
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 636 × 75 cl≈$23,893≈$3,982
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 626 × 75 cl≈$22,300≈$3,717
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 616 × 75 cl≈$23,893≈$3,982
May 2025Christie'sICONIC WINES FROM JOSEPH LAU PART III (sale 23980) · Hong Kong · lot 606 × 75 cl≈$28,671≈$4,779
Dec 2024Christie'sFinest and Rarest Wines & Spirits: Featuring A Superb Family Collection from North America (sale 23191) · Hong Kong · lot 756 × 75 cl≈$19,114≈$3,186
Oct 2024Christie'sA Life Well Lived: The Remarkable Cellar of Melina and Dr N.K. Yong (sale 23199) · Hong Kong · lot 520112 × 75 cl≈$38,228≈$3,186
Jun 2024Christie'sA Legacy Preserved: The Last Treasures of The Avery Collection (sale 23060) · London · lot 3236 × 75 cl≈$19,844≈$3,307
Apr 2024Christie'sFinest and Rarest Wines (sale 23189) · Hong Kong · lot 1581 × 75 cl≈$2,867≈$2,867
Dec 2023Christie'sFine and Rare Wines & Spirits Online: London Edition (sale 23055) · London · lot 3831 × 150 cl≈$6,945≈$6,945
Nov 2023Christie'sFinest and Rarest Wines & Spirits, Featuring Champagne Lanson and 40th Jubilee Wines Direct from the Cellars of Domaine de Chevalier (sale 21941) · London · lot 3532 × 75 cl≈$9,095≈$4,547
Nov 2023Christie'sThe Dr A. Botenga Cellar: Six Decades of Collecting Part I (sale 22122) · Hong Kong · lot 54586 × 75 cl≈$22,300≈$3,717
Oct 2023Christie'sAn All-Encompassing Cellar: Online (sale 22115) · Hong Kong · lot 1731 × 75 cl≈$3,504≈$3,504
Sep 2023Christie'sFine and Rare Wines Online: Featuring a Superb Collection from the Pacific Northwest (sale 22074) · Los Angeles · lot 2944 × 75 cl$13,750$3,438
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 64 A6 × 150 cl≈$49,609≈$8,268
Jun 2023Christie'sFinest and Rarest Wines & Spirits (sale 21936) · London · lot 646 × 150 cl≈$49,609≈$8,268
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 613612 × 75 cl≈$41,414≈$3,451
Nov 2022Christie'sFinest and Rarest Wines & Spirits (sale 21214) · Hong Kong · lot 613512 × 75 cl≈$44,600≈$3,717
Nov 2022Christie'sFine and Rare Wines Online: Geneva Edition (sale 20946) · Geneva · lot 1233 × 75 cl≈$19,559≈$6,520
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 1203 × 75 cl$11,250$3,750
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 1193 × 75 cl$10,625$3,542
Jun 2022Christie'sFine and Rare Wines Online: Featuring the Exceptional Collection of Danny and Donna Arnold (sale 20968) · Los Angeles · lot 1181 × 150 cl$7,500$7,500
Mar 2021Christie'sFinest and Rarest Wines and Spirits Featuring A Superlative Private Collection (sale 19854) · Hong Kong · lot 1776 × 75 cl≈$20,707≈$3,451
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