The word “BIN” in a wine name—as in Penfolds BIN 707—is the winemaker’s shorthand for “Bottle It Now.”
Answer: False.
The word BIN in a wine name (famously used on so many Penfolds’ wines), stands for “Batch Identification Number” and is a way that Penfolds winemakers keep track of winemaking trials. Penfolds in particular has dozens of wines named Bin This or That. There’s Bin 95 (Grange), Bin 28 (Kalimna Shiraz), Bin 389 (a Cabernet Shiraz Blend) ), Bin 707 (an expensive Cabernet), and scores of other “Bins!” Bin 707 by the way was named after the 707 aircraft on the occassion of Boeing’s 100th anniversary.