All old coins are valuable: While age can be a factor in determining value, rarity, condition, and demand are more critical factors in determining a coin's worth.
Coin collecting is only for the wealthy: Coin collecting can be enjoyed at various budget levels. There are many affordable coins available for collectors, and the hobby can be accessible to anyone with an interest.
Cleaning coins will increase their value: Cleaning coins can actually decrease their value significantly.
You need to be an expert to collect coins: While knowledge can enhance the enjoyment of coin collecting, anyone can start collecting coins as a hobby.
All coins will appreciate in value over time: Like any collectible, coin values can fluctuate based on market demand, condition, and other factors.
It's illegal to own or collect old coins: In most countries, it is legal to own and collect coins, including ancient and historical coins.
Coin collecting is a solitary hobby: While coin collecting can be enjoyed alone, it also offers opportunities for networking and community engagement through coin clubs, forums, and collector gatherings.