Chateau Palmer 3eme Cru Classe, Margaux 1997 sold at auction 11 times in the last five years, at a median of $197 per 750ml; half of those sales fell between $167 and $229. The most recent sale was on April 28, 2026. The lowest retail price today is $260, across 2 retail offers.
Auction median, last 5 yrs
$197
11 sales · $167–229 middle half
Lowest retail now
$260
2 retail offers
Last auction sale
Apr 28
2026
Critic scores
87
Wine Advocate
90
Wine Spectator
Chateau Palmer 3eme Cru Classe, Margaux, neighbouring vintages
Wine facts
- Country
- France
- Region
- Bordeaux
- Sub-region
- Margaux
- Type
- Red
- Classification
- 3eme Cru Classe
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Most traded in Margaux
- Chateau Margaux Premier Cru Classe, Margauxavg $729 · 5,350 sales
- Chateau Rauzan-Segla 2eme Cru Classe, Margauxavg $148 · 767 sales
- Chateau Malescot St. Exupery 3eme Cru Classe, Margauxavg $1,932 · 740 sales
- Chateau Lascombes 2eme Cru Classe, Margauxavg $85 · 581 sales
- Chateau Brane-Cantenac 2eme Cru Classe, Margauxavg $124 · 501 sales
- Chateau Giscours 3eme Cru Classe, Margauxavg $120 · 483 sales
- Pavillon Rouge du Chateau Margaux, Margauxavg $169 · 476 sales
- Margaux du Chateau Margaux, Margauxavg $606 · 336 sales
- Chateau d'Issan 3eme Cru Classe, Margauxavg $99 · 310 sales
- Chateau Prieure-Lichine 4eme Cru Classe, Margauxavg $70 · 302 sales
About Chateau Palmer
Known as Domaine de Gascq in the 18th century, the estate was bought in 1814 by Charles Palmer, a British general and MP for Bath, who expanded it to 163 ha before debts forced its sale in 1843. The Pereire brothers, Bordeaux bankers, acquired it in 1853 and built the turreted château; it was ranked a Third Growth in 1855. In 1938 four wine-trade families bought it, and the Mähler-Besse and Sichel families remain owners. Louis Miailhe planted much more Merlot from the 1940s, and today the blend splits Cabernet Sauvignon and Merlot almost equally, unusual in the Médoc. Thomas Duroux, director since 2004, moved it to biodynamics.
- Appellation
- Margaux AOC
- Classification
- Troisième Cru (Third Growth), 1855 classification
- Owner
- Mähler-Besse and Sichel families
- Founded
- 1814
- Vineyards
- 66 ha
- Grapes
- Cabernet Sauvignon, Merlot, Petit Verdot
- Wines
- Château Palmer, Alter Ego de Palmer
- Website
- chateau-palmer.com
Sources: Wikipedia