Many misconceptions surround coin collecting, and believing them can lead to missed opportunities or bad decisions. Separating fact from fiction helps collectors avoid wasted time or overpaying for low-value pieces.

Some of the most common myths include:

• "Older always means more valuable" – Age doesn’t guarantee rarity or condition.
• "All misprinted coins are worth a lot" – Only certain types of mint errors attract serious interest.
• "Cleaning coins increases value" – Cleaning can damage surfaces and lower a coin’s grade.
• "Any gold coin is rare" – Many gold coins are widely available and priced near their metal value.
• "Face value equals worth" – Collectible coins often sell far above or below their original face value.

A rare coin dealer Greensboro can help clarify these points and guide buyers or sellers with accurate information based on actual market behavior.

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