The expression "Classic" seems to associated most with what people are interested in collecting and paying or receiving significant sums of money for. I like lugged frames and own five road bikes all but one of which are older than 20 years. I ride all of them switching back and forth depending on each bikes state of health. I have bought other old bikes strictly for their components.
Only two of my road bikes have cr/mo frames so they really don't have value to any one but me. Are they classics? The oldest is a 35 year old Peugeot UO-8 with high carbon frame tubes. So is this a classic? Im riding this bike using Simplex Delrin derailers and shift levers and continues to be one of my two favorite rides.
One of the frames I stripped was a 1976 Schwinn Superior. It has fillet brazed cr/mo frame tubes. I have tried to find a collector interested in buying it but with no luck. This frame was hand fillet brazed (a nearly lost art) in Schwinn's Chicago factory more than a quarter of a century ago but I'll probably wind up giving it away free to a good home because it's too tall for me (60cm). So is this a classic?