Buying rare coins requires careful consideration to avoid costly errors. Awareness of common mistakes can help collectors and investors make more intelligent purchases.

Mistakes to avoid when buying rare coins:

1. Skipping authentication – Always verify a coin's authenticity before making a purchase.
2. Ignoring coin grading – Grading determines condition and market value, so research professional grading standards.
3. Overpaying for hype – Some coins gain temporary popularity but may not hold long-term value.
4. Failing to research dealers – Purchasing from an unreliable source increases the risk of receiving counterfeit or overpriced coins.
5. Neglecting proper storage – Poor handling and storage can reduce a coin's condition and resale value.

By avoiding these pitfalls, buyers can confidently invest in rare coins. A reputable rare coin dealer Pittsburgh can provide guidance to help clients make informed decisions.

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