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It consolidates sediment deposits inside a thick ring at the bottom with the bottle, blocking A lot/nearly all of it from becoming poured in to the glass; This can be extra an historic than the usual functional attribute considering that Most recent wines contain little or no sediment.
Taverns had a steel pin set vertically inside the bar. The empty bottle would be thrust base-close down onto this pin, puncturing a hole in the top on the punt, guaranteeing the bottle couldn't be refilled [folklore].
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Bottles might be stacked in cargo holds on ships without the need of rolling all around and breaking.
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