A true antique is an item perceived as having value because of its aesthetic or historical significance, and often defined as at least 100 years old (or some other limit), although the term is often used loosely to describe any object that is old. Vintage and collectible are used to describe items that are old, but do not meet the 100-year criterion.
Antique furniture is a popular area of antiques because furniture has obvious practical uses as well as collector value. Many collectors use antique furniture pieces in their homes in contrast to buying new furniture, which typically depreciates from the moment of purchase.
Antique furniture includes dining tables, chairs, bureaus, chests etc. The most common woods are mahogany, oak, pine, walnut, and rosewood. Chinese antique furniture is often made with elm, a wood common to many regions in Asia. Each wood has a distinctive grain and color. Many modern pieces of furniture use laminate or wood veneer to achieve the same effect.