One common myth is that all old coins are valuable. In reality, a coin's worth is determined by factors like rarity and condition.
Some believe that all coins will appreciate in value over time. The truth is that market demand and other factors influence a coin's value.
Another misconception is that cleaning coins will increase their value. Cleaning can actually damage a coin and decrease its worth.
There's a myth that coin collecting is only for the wealthy. In reality, anyone can start a collection regardless of budget.
Misconception: Rare coins are always genuine. Counterfeit coins exist, so collectors should be cautious and verify authenticity.
Don't fall for these coin collecting myths! Educate yourself and enjoy the hobby responsibly.