Depreciation on antiques

does depreciation is charged on antiques if used in business ( not inventories) ??
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Quick Summary
This discussion explores whether antiques used in a business, but not held as inventory, are subject to depreciation. The consensus is that antiques typically do not depreciate. This is because their value is often considered to increase or remain stable over time due to their precious nature and rarity, rather than decrease like other business assets.

No depreciation charged on antiques
Why ??
As they are precious and there is no reduction in antiques price.

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