If you love wine, or even if you only mildly enjoy it, you probably have a special bottle of wine or champagne tucked away. Open That Bottle Night encourages you to rally your friends together, open that hidden bottle and enjoy the contents as it’s meant to be enjoyed.

OTBN is held on the last Saturday of each February, and this year, it falls on the 25th.

Dorothy J. Gaither and John Brecher of the Wall St. Journal founded Open That Bottle Night in 2000, and it has been celebrated every year since.

Here are some tips from the founders:

1. Choose the Setting. Alone with a special loved one, at a dinner party with friends, or in a restaurant that permits BYO.

2. Select the Bottle. The important concept is that the bottle of wine or champagne have a special significance, not that it be particularly expensive or prestigious.

3. Stand it Up. Sediment sometimes forms inside wine bottles, so you should set the bottle vertical position a few days before OTBN to let it settle to the bottom.

4. Watch the Temperature. Both reds and whites are best served at about 12°C

5. Watch the Cork. Old wine-bottle corks may crumble during removal. If that happens, pour the wine through a coffee filter into a carafe until all the cork particles are separated.

6. Watch the Oxygen. Older, fragile wines are quickly damaged by oxygen in the air. Keep them closed up.

7. Have a Backup Wine Available. If your favoured bottle has gone bad, you will still be able to enjoy the evening.

8. Share Your Thoughts. Everyone should say a few words about the significance of their bottle.

9. Give it Time. Gaither and Brecher report that they often hear of bottles of wine that becomes more delicious as the evening progresses.

10. Enjoy the Wine as It Is. At its heart OTBN is about memories, not about wine.