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Although antiques are defined as products that are over 100 years old, a product does not have to reach this age to have a collectable value because of its age.
For an antique product to increase in value it should be rare, attractive, interesting, unique or of historical importance. Like any product, the value of an antique is decided by consumers and is influenced by social standards and consumer preferences.
However, only certain antique products have value because of their age. The aesthetic value of antiques is important. Artistic qualities and craftsmanship will influence the value of antiques, especially in the case of paintings, sculptures, furniture, canes, pottery, clocks, quilts, jewellery, tea sets, automobiles and dolls.
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