Antiques Defined

Based on the source, product, or time period, the definition of an antique may vary. One of the widely accepted definition places an antique as an object that is minimum 100 years old, and is desirable and collected for its rarity, condition, utility, or some other unique feature.

This definition brings out the subtle differences between genuine antique pieces, vintage items, and other collectible objects. Inanimate objects such as furniture, glass ware, jewellery, carpets, rugs, silver ware, arms, etc, are considered antiques if they are older than a hundred years.

The term is sometimes conventionally restricted to the remnants of ancient art, such as sculptures, gems, medals, and seals. In the most limited sense, it applies solely to Greek and Roman art, and includes neither the artistic remains of other ancient nations, nor any product of classical art of a period later than the collapse of the western empire.

Colloquially, the term ‘antique’ is sometimes used as an insult, usually to depreciate the usefulness of an object or a procedure.
Almost any object can become an antique if it survives long enough, but only ‘snob appeal’ or social acceptance can ensure its worth in the market place. However, a few who reject the trappings of a consumer society reject the markets that inflate the monetary value of antique objects, regardless of their usefulness or aesthetic qualities.

Statistics

The UK antique market is estimated at an overwhelming £2.2 billion, with over 750 auction houses (the top 4 of which take nearly 40% of the market), and approximately 9,500 dealers.