What is something the general public believes is true yet coin collectors know is false?

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  • mr1931S
    mr1931S Posts: 7,309 ✭✭✭✭✭
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    When you say "slab" they think you're talking about meat.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • Testoon
    Testoon Posts: 174 ✭✭✭
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    All half dollars and $2 bills are rare and valuable.

    Bill
    witty quote goes here
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,217 ✭✭✭✭✭
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    @PerryHall said:

    @TwoSides2aCoin said:
    That the Five ounce silver ATB coins are one quarter.

    This is actually true. The coin says "QUARTER DOLLAR".

    Cool. I'll trade a territorial quarter for one of them ATB five ounce quarters. It would help my financial situation. It's just a quarter.

  • amwldcoin
    amwldcoin Posts: 11,269 ✭✭✭✭✭
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    That all coin dealers are crooks. :s

    Did I say that?

  • fathom
    fathom Posts: 2,201 ✭✭✭✭✭
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    American history is boring and irrelevant.

  • AlanSki
    AlanSki Posts: 1,992 ✭✭✭✭✭
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    That pawn shops and cash for gold places are honest buyers.

  • bsshog40
    bsshog40 Posts: 4,037 ✭✭✭✭✭
    edited October 8, 2020 7:18PM
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    That Prez dollars are not real coins.
    That canadian coins are the same value as US coins.

  • IkesT
    IkesT Posts: 4,600 ✭✭✭✭✭
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    There is no free lunch in numismatics.

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,796 ✭✭✭✭✭
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    @mr1874 said:
    When you say "slab" they think you're talking about meat.

    Or a morgue.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,796 ✭✭✭✭✭
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    That all our wives love us more because we collect coins.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • IkesT
    IkesT Posts: 4,600 ✭✭✭✭✭
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    Bicentennial coins were minted in 1776.

  • morgansforever
    morgansforever Posts: 8,512 ✭✭✭✭✭
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    Tribute gold buffalo's are made from gold, because they advertise them as gold and make references to the real ones in their adds. They are clad coins with 14 mg of gold, which isn't much.

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • 1northcoin
    1northcoin Posts: 5,544 ✭✭✭✭✭
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    The difference between a cent and a penny.

  • PerryHall
    PerryHall Posts: 47,752 ✭✭✭✭✭
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    That gold plated state quarters are worth more than face value.

    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

  • ernie11
    ernie11 Posts: 2,113 ✭✭✭✭✭
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    That any coin that has been defaced or damaged after the Mint is a rare and valuable coin, and not simply PMD.

  • Oldhoopster
    Oldhoopster Posts: 2,930 ✭✭✭✭✭
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    You can get rich by looking for 1964 SMS coins and MS68+ modern condition rarities pocket change

    Member of the ANA since 1982
  • Veep
    Veep Posts: 1,513 ✭✭✭✭
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    It’s illegal to melt ANY U.S. coins.

    "Let me tell ya Bud, you can buy junk anytime!"
  • EScott83
    EScott83 Posts: 90 ✭✭✭
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    That "cleaning" and "conserving" are different.

  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    @ReadyFireAim said:
    Coin dealers will give you a fair price for your late spouse's collection.

    But you will!!! Got it!

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • ReadyFireAim
    ReadyFireAim Posts: 1,860 ✭✭✭✭✭
    edited October 9, 2020 5:55PM
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    @ReadyFireAim said:
    Coin dealers will give you a fair price for your late spouse's collection.

    @CaptHenway said:
    But you will!!! Got it!

    Not interested.
    Call this number 1-800-776-0560 & ask for John
    I'll give you some boxes and a roll of water tape...Good luck :D

  • WCC
    WCC Posts: 3,322 ✭✭✭✭✭
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    @air4mdc said:
    That collecting modern proof sets over the years is a coin collection worth lots of money.

    A former boss of mine about 10 years older than me was one. He knew I collected and had a date run of a few dozen post 1967 sets in a SDB. When he found out how little it was worth and how much he paid to store it, he wasn't happy. This was around 2000.

  • Moxie15
    Moxie15 Posts: 328 ✭✭✭
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    That "In God We Trust" has always been on US coins

  • Moxie15
    Moxie15 Posts: 328 ✭✭✭
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    That Susan B Anthony was the first real woman portrayed on a US coin

  • No Headlights
    No Headlights Posts: 2,176 ✭✭✭✭✭
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    That a half dime is a nickel.

  • Coinscratch
    Coinscratch Posts: 11,086 ✭✭✭✭✭
    edited October 11, 2020 7:59PM
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    That there is such a thing as a coin forum :D

  • braddick
    braddick Posts: 25,184 ✭✭✭✭✭
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    That 1942 nickels without a mintmark visible could still possibly be a Firth coin.

  • dlmtorts
    dlmtorts Posts: 747 ✭✭✭
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    That state quarter collections are valuable.

  • Oldhoopster
    Oldhoopster Posts: 2,930 ✭✭✭✭✭
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    That Mike Mezack/Rick Tomaska/et al are selling truly rare coins that will become a great investment. Why put money intended for your grandchildrens education in a state approved 529 college fund when you can buy ultra rarities from the Coin Vault that surely will be worth much more.

    Member of the ANA since 1982
  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    The scarcer a coin is, the more valuable it is.

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