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What is a Classic?

It is always fun to enjoy the latest newrejected style, a rare one out of many
and trendy things, no matter howthat fell from favor, to mature into a
temporary or ephemeral. But the realclassic. The great physicist, Neils
richness of life lies in the authentic,Bohr, said "It is always hard to make
the enduring, the fads and fashions thatpredictions, especially about the
evolve into "classics."future."
A "classic" is hard to define, but weAn economist would define a classic to
know it when we see it. Instinctively,be something whose marketplace value is
we think of a "classic" as something ofno longer depreciating, but is stable or
lasting, proven value that doesn't goincreasing. Most antique furniture
out of style, something timeless and notpreserved for posterity has become
to be discarded tomorrow.classic. The best designs are prized -
We recognize classic architecture,as the years go by, the furniture's
whether Georgian or Art Deco, asvalue and desirability actually climbs.
pleasing. Great art refers to the worksThe supply of vintage furniture is
of artists who have stood the test offixed, every passing year a few more
time. "Literature is news that stayspieces are lost or locked up in someone
news," said Ezra Pound. We still listenelse's collection. Like land, "They
to Beethoven and the Beatles. A classicain't makin' any more of it." New
Mercedes or Corvette in beautifulmanufactured furniture has to include
condition never fails to elicit admiringtoday's expensive labor, materials, and
smiles. "Casablanca," "Gone with theshipping costs, giving comparable
Wind," and "The Godfather" still draw anantique and vintage furniture a price
audience. Traditional styles ofadvantage.
furniture from many periods areOur brand new possessions from furniture
frequently copied by contemporary makersor department stores can slip out of
for placement in brand new settings.date the very next season. The work of
What do we mean when we say someone hascutting-edge artists celebrated in New
"good taste?" We really are talkingYork often loses its luster in a few
about having a good "eye" or a sense foryears. "Out of fashion" really means
classic style.having lost its desirability. After a
Most modern things - movies, books,month in our homes, mass-produced
cars, art, or bedroom sets - arefurniture, pictures, lamps, china and
introduced with as much hype andcrystal all drop in value to a tiny
publicity as can be mustered. After thefraction of what was paid for them. New
initial excitement, most of thesefurniture, even from famous makers,
novelties slip quietly from ourtakes a sharp fall in value when it
consciousness. The height of fashionarrives at your door. A year may pass,
will mostly be rejected in a few months.and a dining set or sofa, still like
Most modern things fail to engage thenew, might sell for pennies on a dollar
public or arouse lasting interest. Asat a moving sale or auction. Automobiles
Oscar Wilde noted, "Nothing is sodepreciate thousands of dollars on the
dangerous as being too modern. One isdrive home from the showroom.
apt to grow old-fashioned quiteLet someone else take that big
suddenly."depreciation loss. For your own home or
Contemporary fashions almost never slipoffice, consider survivors from the test
directly into "classic" status, theyof time - classic vintage or antique
first endure a dark period of neglect,furniture. Durable and well made,
suffering from dated styling orantique pieces will appeal to your
obsolescence. After hibernating out ofemotions, and outlast most of their new
the spotlight, the best of neglectedcompetition. Their style, patina and
slumbering styles will be rediscovered,traditional workmanship will warm your
reborn as a classic. Nostalgia doesn'thome or workspace, and they will save
happen overnight - it takes time for ayou a bundle.



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