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I have always gone by the official club designation as 1950 and older being "Antique". There is often very little difference between a 1949 and a 1951 in some brands and huge differences in others. They had to pick a date, so 1950 it is. It really only matters at meets where there is judging for class of motors. One problem is that you can have a 49 QD or a KF-7 judged along side a row boat motor or late 20’s iron. Those are really apples to oranges. If the meet is big enough, they can have ranges in the various classes to make it a more representative class of the motors in it. As for motors of the 70’s, I have quite a few of them. I run a matched set of 1971’s on my 18" Lund as my main fishing boat. My 20hp Mercury motor collection runs from 1963 -75. I love these beautiful powerful motors! I only have one motor newer than 1975, which was my very first motor. I won it at a raffle. (1984 Duck’s Unlimited 7.5hp Mercury)
Steve