1962 Dime Value (Errors List, “D” & No Mint Mark Worth)

The 1962 dime was produced at two U.S. mint facilities during a time when silver coinage was still standard. While circulated examples typically trade near their $2.00 melt value in silver content, the 1962 Dime value increases with better preservation.

Regular mint state specimens sell for around $11, while the highest premiums go to deeply cameo proof strikes, which can bring $18.00 or more. Understanding these value differences requires a closer look at mint marks, condition grades, and special designations.

 

1962 Dime Value By Variety

The following chart shows how mint mark, condition grade, and special designations affect the 1962 Dime value. If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Roosevelt Dime Value (1946-Present)

 

Top 10 Most Valuable 1962 Dime Worth Money

The top performers among 1962 dimes share several common traits. Full Bands specimens dominate the upper rankings, with a Denver MS68 FB leading at $2,880, followed by a Philadelphia MS67+ FB at $2,233. These results highlight how strike quality significantly impacts value at high grade levels.

The repunched mint mark error holds fourth place at $1,000, demonstrating that minting varieties can compete with premium regular strikes. Standard mint state coins without Full Bands appear in the middle range, with prices between $423 and $588 depending on grade and mint mark.

Proof coins occupy the lower positions, including a PR70 at $358, a PR69 DCAM at $546, and a PR69 CAM at $180. The premium values for Full Bands circulation strikes reflect their greater scarcity, as achieving complete torch band separation proved more difficult during high-speed production compared to the controlled proof striking process.

 

History of the 1962 Dime

The Roosevelt dime series began in 1946, honoring President Franklin D. Roosevelt shortly after his death in 1945. Roosevelt had founded the organization that became the March of Dimes to fight polio, creating a natural connection to the ten-cent coin. The design replaced the Mercury dime that had been in circulation since 1916.

By 1962, the Roosevelt dime had been in production for sixteen years and was circulating freely throughout the country. This period marked the final years of traditional silver coinage in American currency.

The early 1960s saw growing economic pressures as silver prices began rising, though the general public remained largely unaware of the coming changes.

The 1962 dime was struck during President John F. Kennedy’s administration, a time when the United States was focused on space exploration and Cold War tensions.

Just three years later, the Coinage Act of 1965 would eliminate silver from dimes entirely. The 1962 dime stands as one of the last silver ten-cent pieces produced in U.S. history.

Also Read: Top 100 Most Valuable Roosevelt Dimes Worth Money List

 

Is Your 1962 Dime Rare?

Use our CoinValueChecker App to identify your coin’s rarity level and get detailed information about its collectibility.

 

Key Features of the 1962 Dime

The 1962 Roosevelt dime carries design elements that combine artistic merit with symbolic meaning. Identifying these features helps collectors authenticate coins and evaluate their preservation.

The Obverse of the 1962 Dime

The obverse displays Franklin D. Roosevelt’s profile facing left, rendered in a dignified portrait style. Designer John Sinnock created clean, classical lines that emphasize Roosevelt’s strength and character.

The inscription “LIBERTY” curves along the upper left rim in front of Roosevelt’s face. The national motto “IN GOD WE TRUST” appears in smaller letters beneath his chin.

The date “1962” is placed along the lower right edge. Sinnock’s initials “JS” can be found at the base of Roosevelt’s neck, where the portrait ends.

The Reverse of the 1962 Dime

A torch stands prominently in the center of the reverse, serving as a symbol of liberty. To its left, an olive branch represents peace, while an oak branch on the right stands for strength and independence.

The national motto “E PLURIBUS UNUM” appears in divided form, positioned between the torch and branches. The country name “UNITED STATES OF AMERICA” arcs across the top of the coin.

The denomination “ONE DIME” is inscribed below the central torch. The mint mark, when present, appears to the left of the torch’s base. Philadelphia-struck coins carry no mint mark, while Denver-produced examples show a “D.”

Other Features of the 1962 Dime

The 1962 dime consists of 90% silver and 10% copper, with a total weight of 2.5 grams. Its diameter measures 17.9 millimeters. The coin features a reeded edge with vertical ridges around its circumference.

Also Read: Top 100 Rarest Dimes Worth Money (Most Expensive)

 

1962 Dime Mintage & Survival Data

The Denver Mint led circulation strike production in 1962, striking over 334 million dimes compared to Philadelphia’s 72 million. This significant production difference is typical of the era’s distribution patterns across U.S. mints.

Both Philadelphia and Denver circulation strikes show a 10% survival rate. This reflects decades of heavy use in commerce and silver melting that affected business strike coins from this period.

Proof coins fared better due to their careful preservation by collectors. The Philadelphia Mint struck just over 3.2 million proofs in 1962. Regular proofs show a 30% survival rate, while cameo examples survive at 14%. Deep cameo proofs have the lowest survival rate at just 6%, making them the scarcest variety among 1962 dimes.

Also Read: Top 70+ Most Valuable Mercury Dimes Worth Money (Chart By Year)

 

The Easy Way to Know Your 1962 Dime Value

Look for the mint mark on the reverse, positioned just left of the torch’s base. Philadelphia coins have no mint mark, while Denver issues display a “D.”

Examine the coin’s condition by observing Roosevelt’s hair details and the torch flame’s sharpness. Well-preserved examples command higher prices than worn specimens. Identify special features like Full Bands on the torch or proof strikes with cameo contrast, as these characteristics significantly impact value.

Our CoinValueChecker App scans your coin and provides an instant grade assessment.

 

1962 Dime Value Guides

The 1962 dime was produced in several distinct varieties, each with different characteristics and values. Understanding these categories helps collectors identify what they own and assess potential worth.

• 1962 No Mint Mark Dime – Struck at the Philadelphia Mint
• 1962-D Dime – Produced at the Denver Mint
• 1962 Proof Dime – Specially made with polished dies for collectors
• 1962 CAM Dime – Proof coins with cameo contrast
• 1962 DCAM Dime – Deep cameo proofs with strong contrast

Each variety appeals to different collector interests, from circulated examples to premium proof specimens.

 

1962 No Mint Mark Dime Value

The 1962 No Mint Mark Dime came from Philadelphia and represents one of the final years when 90% silver was standard in American coinage. These coins lack any identifying letter on the reverse, which was typical for Philadelphia production during this era.

What makes certain examples valuable is their strike quality, particularly on the torch’s horizontal bands. When these bands show complete separation with no merging or weakness, they receive the Full Bands designation. This feature reflects exceptional production quality and becomes quite scarce in high grades.

High-grade specimens with Full Bands can reach significant values. An MS67+ example with this designation sold for $2,233 at auction in 2017, showing how strike sharpness affects worth beyond just surface preservation.

The chart below tracks sale prices across different grade levels for this variety.

Recent transactions show how this coin performs in today’s market.

 

1962-D Dime Value

Denver’s 1962 production focused heavily on circulation needs, creating over 334 million of dimes for everyday commerce. While many survived, examples with exceptional surface preservation and sharp striking details remain far less common than typical specimens.

The torch on the reverse serves as a key diagnostic feature. When all horizontal bands show complete separation with no weak areas, these coins earn special recognition from grading services.

Such well-struck pieces reached $2,880 at a 2023 auction when graded at the MS68 level with Full Bands. Standard mint state examples in MS67 trade for considerably less, though they still attract attention from date-and-mintmark set builders.

Sale records across multiple grade levels provide perspective on pricing trends for this Denver issue.

The following data shows how this coin trades in the current marketplace.

 

1962 Proof Dime Value

Philadelphia created these specially struck pieces exclusively for collectors using polished dies and planchets. Unlike circulation strikes, proof coins went straight into protective packaging rather than entering everyday use, which helped preserve their mirror-like surfaces and sharp details over the decades.

Standard proof examples in PR67 to PR68 grades remain readily accessible to collectors, with typical values ranging from around $16 to $24 based on preservation quality.

Higher-grade specimens command increasing premiums as surface perfection becomes scarcer. A PR70 example with absolute flawless preservation achieved $358 at a 2014 auction, showing the value ceiling for this proof variety.

Past auction results for this proof variety appear in the chart that follows.

Collector engagement with these coins can be observed through recent transaction patterns.

 

1962 CAM Dime Value

The 1962 cameo proof dimes showcase a striking visual effect where frosted design elements contrast sharply against mirror-like background fields.

During 1962 proof production in Philadelphia, only a portion of coins achieved this cameo designation, as the frosting quality varied based on die condition throughout the striking process.

These cameo pieces become increasingly scarce at higher preservation levels. While PR67 examples from 1962 can still be found, PR68 and above specimens grow noticeably harder to locate.

A PR69 example from this year achieved $180 at a 2018 auction, showing the high end for this variety. The enhanced visual appeal of the cameo contrast adds a premium over standard 1962 proof pieces at comparable grades.

Historical price data for this 1962 cameo variety is documented in the records below.

Current trading activity reflects collector response to this distinctive proof type.

 

1962 DCAM Dime Value

Deep cameo proofs from 1962 display the most pronounced contrast between heavily frosted design elements and deeply mirrored fields. Achieving this level of visual depth required optimal die conditions and precise striking parameters, making deep cameo designation notably scarcer than standard cameo pieces from the same year.

Collectors seeking 1962 deep cameo dimes face limited availability, particularly at higher grade levels. Most examples fall within the PR67 to PR68 range, while PR69 specimens command premium prices.

A PR69 deep cameo example brought $546 at a 2007 auction, reflecting the rarity of flawless surface preservation combined with maximum contrast intensity. The combination of technical excellence and striking visual appeal places these coins at the top tier of 1962 proof offerings.

Sale prices at different grades are compiled in the chart below.

Contemporary marketplace patterns demonstrate how collectors respond to this scarce deep cameo designation.

Also Read: 16 Rare Dime Errors List with Pictures (By Year)

 

Rare 1962 Dime Error List

Production errors add another collecting dimension beyond regular strike coins. These varieties appeal to specialists who seek the unique characteristics created by manufacturing imperfections that escaped quality control.

1962-D/D RPM FS-501

The 1962-D/D repunched mint mark variety shows where Denver Mint workers struck the “D” twice in slightly different positions. The initial punch wasn’t positioned correctly, prompting a second strike that created overlapping impressions visible under magnification.

The clarity of the repunching determines collector interest and value. Examples with bold, easily visible doubling command higher prices than those with faint secondary impressions. Coin grade also plays a significant role in pricing, as better preservation enhances the visibility of the error.

An MS66 specimen achieved $1,000 at auction in 2021, demonstrating the premium collectors place on well-preserved examples of this error. Lower grade pieces typically trade in the $15 to $110 range depending on the strength of the repunching and overall condition.

 

Where to Sell Your 1962 Dime?

Understanding your 1962 dime’s worth is just the beginning. Where can you actually sell these coins and get fair prices? I’ve put together a helpful guide covering the best online platforms, complete with their features, advantages, and limitations to consider.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

1962 Dime Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ about the 1962 Dime

1. How do I know if my 1962 dime is actually silver?

All 1962 dimes contain 90% silver and 10% copper, making them valuable beyond face value. The easiest way to confirm is checking the coin’s edge. Silver dimes show a solid silver color along the rim, while post-1964 clad dimes display a copper stripe sandwiched between silver-colored outer layers.

Each 1962 dime contains 0.0723 troy ounces of pure silver. This means even worn examples hold intrinsic metal value based on current silver prices. The silver content alone typically makes these coins worth several dollars regardless of condition.

2. What is the Full Bands designation and why does it matter?

Full Bands refers to complete separation of the horizontal lines across the torch on the reverse. These bands must show unbroken, distinct lines from left to right without any merging or weakness. Most 1962 dimes show incomplete or weak bands due to die wear during high-speed production.

Achieving Full Bands required optimal die condition and precise striking pressure, making these specimens significantly scarcer than regular strikes.

A 1962-D MS68 with Full Bands sold for $2,880, while comparable grades without this designation bring only a fraction of that price. The FB designation can multiply a coin’s value several times over at the same numerical grade.

3. Is the 1962-D/D repunched mint mark error worth looking for?

The 1962-D/D RPM FS-501 shows overlapping “D” mint marks where the punch struck twice in slightly different positions. You’ll need magnification to see the secondary impression beneath or beside the primary mint mark. Look carefully at the “D” on the reverse, just left of the torch base.

An MS66 example reached $1,000 at auction in 2021, though lower grade specimens typically trade between $15 and $110. The visibility of the repunching and overall coin condition determine value, with bold, easily seen doubling commanding the highest premiums.