When talking about conditions of collectibles or other stuff, I have read some days ago "well-worn" and I'm not sure how to interpret it. I actually see 2 different ways to interpret it, which would mean even quite the opposite of each other.
One way I see would be:
It was worn well, so when it was used, and was handled carefully(well) with. So this would mean the condition of the item is still fine.
Or the other way:
Well as an expression for frequency, so it means it has bean worn a lot, what would lead to an condition with a lot of signs of wear and tear.
So what's the way it should be interpreted? And what are the indications that (if so) exclude the other way?