1962 was one of the final years that Roosevelt dimes were minted. These coins aren't rare, but they do have value as numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Type: Roosevelt Dime
Face Value: $0.10
Composition: 90% silver, 10% copper
Silver Weight: 2.25 grams
Total Weight: 2.5 grams
Current Silver Bullion Value: $1.29
The US minted the 1962 dime with no mint mark and also the 1962 D dime. You can find the mint mark on the front side of the coin.
The value in circulated condition is worth at least its weight in silver. The scrap silver value for this coin is $1.29 as of September 19, 2019. This scrap value is calculated from the current silver spot price of $17.83 per ounce.
Both the 1962 dimes with no mint mark and the 1962 D dimes have similar values. In fine to extremely fine condition these coins sell for a slight premium above their scrap silver value. In uncirculated condition the value is around $3-4.
Proof coins are available and they are each valued at around $10-15 when graded by a reputable grading company. Graded proof coins with a grade of PR 68+ will sell for more. The Philadelphia mint issued out over 3.2 million collectible proof coins so they aren't rare.