We start by identifying that the English term "classical" finds its etymological roots in the Latin adjective classicus which referred to the highest class of Ancient Roman citizens. “Classic” also denoted the Romans’ adoration of all things considered timeless by the Greeks like philosophy, architecture, drama, mythology, and the visual arts.
Later, these terms referred to distinguished literary figures as well. So, we see that from inception the word described the best, most excellent, most revered, and most refined.