The 1962 Franklin Half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Franklin Half Dollar
Year: 1962
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.5 grams
Current Silver Bullion Value: $11.28
The US minted the 1962 half dollar with no mint mark and also the 1962 D half dollar. The mint mark, when present, can be found on the reverse side of the coin above the Liberty Bell's yoke.
| Series | Location | Quantity Minted |
|---|---|---|
| 1962 | Philadelphia | 9,714,000 |
| 1962 D | Denver | 35,473,281 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $11.28. This melt value is calculated from the current silver spot price of $31.19 per ounce.
The 1962 half dollar with no mint mark and the 1962 D half dollar have similar values. Each coin is worth around $13.50 in very fine condition. In extremely fine condition the value is slightly higher at around $14. In uncirculated condition the value is around $15 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $80.
Proof coins with no mint mark are available and they are each valued at around $25 in PR 65 condition. There were 3,218,019 proof coins minted.
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Grading System
Very fine- At least half of the Liberty Bell's lines at the top and bottom of the bell are visible.
Extremely fine- There are some wear spots on Franklin's hair at the back of his ears, and also near the top of his curls. The Liberty Bell has wear at the top and on its lettering.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
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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