What is something the general public believes is true yet coin collectors know is false?
braddick
Posts: 24,444 ✭✭✭✭✭
For example, many believe our current cents are still made of copper. Coin collectors know this isn't factual.
Other coin related "facts" the public believes we as collectors know just isn't so?
peacockcoins
4
Comments
That collecting modern proof sets over the years is a coin collection worth lots of money.
Older coins are more valuable.
That all Morgan dollars are rare!
The Mint prints paper money.
Quarters and dimes are still made out of silver.
You can find rare error coins in your local Walmart parking lot.
Member ANA, SPMC, SCNA, FUN, CONECA
Coin dealers will give you a fair price for your late spouse's collection.
My Saint Set
That the coins they purchased from the television show are rare and will be worth a fortune soon. Cheers, RickO
All YouTube, get rich on coins, videos.
The US has pennies.
Cleaned coins are worth more.
That all pre-64 nickels are made of silver.
Collector
87 Positive BST transactions buying and selling with 53 members and counting!
instagram.com/klnumismatics
That coin collectors are OCD. Wait, that might be true...
Rare coins are a good investment.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
UK 50p are rare {esp. the Beatrix Potter ones)
ANA 50 year/Life Member (now "Emeritus")
Sacs/Golden dollars are made of gold.
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
The 1909-S VDB cent is a rare coin
There is no coin shortage. Only banks are behaving like there is only after being misled by the Federal Reserve.
Capital investment depends on confidence. - Martin Armstrong
That the dollar is still backed by gold.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
That Proof coins have not been touched by human hands.
That very old coins are necessarily rare and valuable.
That error coins are necessarily rare and valuable.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
That one can get diseases from handling coins.
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
I'm a coin collector and I'm still hesitant to collect Leper colony coins but at least PCGS slabs them!
Morgan collectors cannot afford gold.
Gold collectors cannot afford Morgans.
The 1943 steel cent is rare
Ike Dollars are "silver dollars"
States quarters are "rare"
2 dollar bills are "rare"
That I don't what this coin is that I just found, but I know it's rare.
That you can trust the grade on the slab as being accurate.
All ancient coins are crazy rare & can't be collected due to extremely high cost.
Or they're "fake".
That the Five ounce silver ATB coins are one quarter. Or that the 2014 Gold Kennedy Half Dollar commemorative proof Is a "half" ounce of gold.
That 1976 Bicentennial Quarters are rare and should be saved.
That there is no Santa Claus in numismatics.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
It's from an estate sale so it must be worth alot.
Remember all the "mint recalling quarters" thing like the mint was going to recall the Massachusetts state quarter because the minuteman had a gun in his hands etc?
The mint is not in the business of "recalling" coins. Unless it is a '64 Peace or a '33 $20.
You can make mint errors in your garage.
Only Mike Mezack begs to differ!
This is actually true. The coin says "QUARTER DOLLAR".
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That bicentenial coins are valuble. That two dollar bills are rare. That pre-64 dimes, quarters and half are not worth more than face value. That the "golden" dollars now days are "rare". How ALL pre-64 coins have silver in them (including nickels).
That the Carson City first minted coins, silver dollars, on February 11, 1870.
Truth is that it was February 4, 1870.
bob
That silver coins stopped being produced after 1964
Collector, occasional seller
That making a coin bright white will make it more valuable.
My 1866 Philly Mint Set
That all 1969-S Lincoln's are DDO.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Coin collectors are studs.
Wheat pennies are all incredibly rare and valuable
That common wheat cents are worth way more than a few cents each.
Uggh beat me to it!! Lol
3 legged buffalo nickels are rare.
Bread struck coins are valuable...
Huh?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That "double die" coins are struck twice.
Edit: I know because I didn't know
Also guilty of cleaning silver war nickels with brasso cause I couldn't find any silver polish around the house. It works though they're very shiny now.
Just a reference to my thread from last month
https://forums.collectors.com/discussion/1044101/a-new-type-of-error#latest