CG76873 - Chattels: antiques

The distinction here is between mechanical and non-mechanical antiques. CG76722+ tell you that any item of plant or machinery is treated as a wasting asset, whatever its actual predictable life. Accordingly, such antiques as clocks and watches are regarded as wasting assets. CG76904 tells you more about this.

Antique plate, china etc are regarded as non wasting assets.