Assets/inventory intended to be kept long term, appreciating in value, capital asset?

[D0minic]

Company made some purchases of rare older equipment that is increasing in value, and intending to long-term keep as an investment while still using, sale would be a lot longer down the line.

Is this an asset that can be put as a capital asset, or still inventory if it was intended that it could make profit years down the line?

 

[pentel]

If the equipment has been purchased to be used for production in your business then it is a capital asset.
If the equipment has been purchased to sit on a shelf and be sold later at a profit it is stock / inventory.