1962 was one of the final years that Roosevelt dimes were minted. The 1962 dimes have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Roosevelt Dime
Year: 1962
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: .07234 oz.
Total Weight: 2.5 grams
Current Silver Bullion Value: $2.26
The US minted the 1962 dime with no mint mark and also the 1962 D dime. The mint mark, when present, can be found on the reverse side of the coin.
| Series | Location | Quantity Minted |
|---|---|---|
| 1962 | Philadelphia | 72,450,000 |
| 1962 D | Denver | 334,948,380 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $2.26. This melt value is calculated from the current silver spot price of $31.28 per ounce.
Both the 1962 dimes with no mint mark and the 1962 D dimes have similar values. In extremely fine condition these coins sell for around $3.25. In uncirculated condition the price is around $4 for coins with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $6.
Proof coins with no mint mark are available and they are each valued at around $5 in PR 65 condition. There were 3,218,019 proof coins minted.
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Grading System
Extremely fine- The lines of the hair, flame, and torch look very plain.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
PR 65 proof- There are no flaws to this coin. A few blemishes may be present.
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