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

The 1962 quarter market is experiencing a quiet renaissance. After cooling off through 2020-2022, collector interest has rebounded significantly, driven by renewed appreciation for pre-1965 silver content and surprising rarity patterns among different varieties.

What makes 1962 particularly intriguing is the stark contrast between common and rare examples—while regular circulated quarters trade around $6-7 based on silver melt value, certain proof varieties can command over $50, with the rarest Deep Cameo specimens representing just 7% of original mintage.

This market revival isn’t just about silver content; it reflects a deeper understanding of how survival rates and minting variations create genuine scarcity in what initially appears to be a common date. For collectors, 1962 quarters represent an accessible entry point into silver quarter collecting with genuine upside potential.

 

1962 Quarter Value By Variety

Here’s what your 1962 quarters are actually worth based on their condition and type, from regular circulation coins to rare proof varieties. If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Top 100 Most Valuable Modern Quarter Worth Money (1932 – Present)

 

Top 10 Most Valuable 1962 Quarter Worth Money

The top-performing 1962 quarters reveal exactly what drives serious collector money in this series. Premium grades dominate the list, with a 1962 DCAM 70 leading at $7,800, followed closely by business strikes in pristine MS-67 condition commanding over $5,000-$7,600.

What’s particularly striking is how condition sensitivity works across different varieties. The 1962-D in MS-67 actually outperforms the Philadelphia mint equivalent at the same grade, reinforcing how rarity rankings translate to market reality. DCAM examples appear multiple times in the top 10, but notice how dramatically values drop with even small grade differences—a DCAM 70 brings $7,800 while a DCAM 68 sells for just $180.

This auction data shows the premium that exceptional preservation commands across all 1962 varieties. The clear pattern is that perfect or near-perfect examples separate themselves dramatically from the pack, with even single-point grade differences creating thousand-dollar value gaps.

 

History of The 1962 Quarter

The 1962 quarter represents a pivotal moment in American coinage history, sitting right at the crossroads between the traditional silver era and the modern clad period that would soon follow.

These quarters were minted during the final years of 90% silver composition, making them the last generation of “real silver” quarters before the Coinage Act of 1965 changed everything. The Philadelphia and Denver mints produced over 80 million quarters that year, responding to growing demand from a booming post-war economy.

What makes 1962 particularly interesting is the minting technology of the era. These coins were struck using traditional methods that produced subtle variations collectors now prize—everything from minor die differences to striking pressure variations that create the distinct characteristics serious collectors hunt for today.

The timing couldn’t have been more significant. Just three years later, rising silver prices would force the U.S. Mint to abandon silver entirely for quarters and dimes. This makes 1962 quarters among the final representatives of an era that stretched back to the nation’s founding.

From a design standpoint, 1962 quarters featured John Flanagan’s Washington design, which had been the standard since 1932. The craftsmanship and silver content of these coins represent the peak of mid-20th century American minting before economic pressures changed coin composition forever.

Also Read: Top 30 Most Valuable State Quarter Worth Money (1999 – 2008)

 

Is Your 1962 Quarter Rare?

For a complete picture of where any quarter stands in terms of rarity, you can check specific coins instantly using our CoinValueChecker App, which provides detailed rarity assessments alongside current values.

 

Key Features of The 1962 Quarter

John Flanagan was an American sculptor and medalist who got the honor of designing Washington quarters in the early 1930s. The series started in 1932 when it replaced the Standing Liberty quarter. And the design is considered the longest-lived in the US coinage history since it lasted with only minor changes by 1998. It was finally withdrawn from circulation in 2022.

The Obverse Of The 1962 Quarter

The designer depicted George Washington’s portrait on the obverse and added his subtly engraved initials (JF) at the neckline tructation. Besides, you can spot the LIBERTY above the President and IN GOD WE TRUST in front of his neck. The simple 1962 Washington quarter design also includes the date.

The Reverse Of The 1962 Quarter

The 1962 quarter reverse side includes an American eagle in the center with 13 arrows visible in its claws. Their number symbolically represents the original States in the Union. Olive branches placed under the eagle’s wings represent symbolic balance since they represent peace.

The reverse inscriptions include UNITED STATES OF AMERICA with E PLURIBUS UNUM below. The QUARTER DOLLAR, coin denomination, is placed the way to surround the composition from the bottom.

Other Features Of The 1962 Quarter

The 1962 Washington quarters are in a group of the last silver coins before the US Mint changed their composition in 1965.

These twenty-five-cent-worth round coins contain 5.623 g (0.1808 troy ounces) of this precious metal, which is 90% of their total weight of 6.25 g (0,2009 troy ounces). Their diameter is 24.3 mm (0,95669 inches), and it is impossible to shorten it thanks to a reeded edge. Regularly struck pieces have a thickness of 1.75 mm (0,06870 inches).

Also Read: Top 20 Most Valuable 1776-1976 Bicentennial Quarter

 

1962 Quarter Mintage & Survival Data

The mintage and survival numbers for 1962 quarters tell a compelling story about rarity versus availability in today’s market.

Denver struck over 127 million quarters, while Philadelphia minted about 36 million. However, survival rates reveal the real picture—both regular strikes show similar survival rates around 10%, meaning roughly the same proportion made it to today’s collectors despite the mintage difference.

The proof varieties present a fascinating contrast. While all proof types started with identical mintage of 3.2 million, their survival stories diverged dramatically. Regular proofs show a 35.7% survival rate with 1.15 million surviving, while CAM examples drop to 17.1% survival, and DCAM quarters show just 7.1% survival with only 230,000 remaining.

This data explains why DCAM 1962 quarters command premium prices—it’s not just about original mintage, but about what actually survived in collectible condition.

Also Read: Top 100 Most Valuable Washington Quarter Worth Money (1932 – 1998)

 

The Easy Way to Know Your 1962 Quarter Value

First, check the reverse below the eagle for a “D” mint mark indicating Denver origin, or no mark for Philadelphia. Next, assess wear by examining Washington’s cheek and hair—uncirculated coins show no circulation marks and retain original luster.

For proof coins, look for mirror-like fields and frosted designs that distinguish special collector strikes from regular circulation quarters. These identification steps determine whether your coin is a common piece or valuable collectible.

Skip the guesswork with our CoinValueChecker App—it instantly analyzes mint marks, wear patterns, and proof characteristics through one photo, providing accurate valuations in seconds.

 

1962 Quarter Value Guides

The 1962 quarter series includes five distinct types that collectors recognize, each with different rarity levels and market values. Regular business strikes from Philadelphia and Denver represent the most common varieties, while proof coins offer specialized collecting opportunities.

The proof varieties are where things get interesting for serious collectors. While regular proofs are relatively common, CAM (Cameo) and DCAM (Deep Cameo) designations require specific contrast characteristics between frosted devices and mirror-like fields. These designations can dramatically affect value, with DCAM examples commanding significant premiums.

Understanding these varieties is essential because they represent fundamentally different collecting approaches—from casual accumulation of business strikes to specialized proof collecting focused on contrast and eye appeal.

1962 Quarter Types

• 1962 No Mint Mark (Philadelphia)
• 1962-D (Denver Mint)
• 1962 Proof (Philadelphia)
• 1962 CAM (Philadelphia)
• 1962 DCAM (Philadelphia)

 

1962 No Mint Mark Quarter Value

The 1962 No Mint Mark quarter holds a unique position as one of the final Philadelphia-minted silver quarters before the great silver shortage changed American coinage forever. What makes this coin particularly interesting is its relatively low mintage of just 36 million compared to Denver’s massive output, yet it maintains similar survival rates. The lack of a mint mark indicates Philadelphia origin, following the traditional practice that wouldn’t change until 1980.

These quarters represent the end of an era—struck during the last years when silver quarters were taken for granted, before collectors realized they were witnessing the final chapter of 90% silver coinage.

The auction records for 1962 No Mint Mark quarters reveal fascinating patterns in collector behavior and market evolution over the decades.

Current market activity shows exactly how today’s collectors view this key transition-year quarter.

1962 Type B Reverse Quarter Value (FS-901)

The 1962 Type B Reverse quarter represents one of the most significant die varieties in Washington quarter history, designated as FS-901 in the Cherrypickers’ Guide.

This variety features a distinctly different reverse die with altered eagle feather details and modified wing positioning that collectors can spot with careful examination. What makes this particularly exciting is that it was discovered relatively recently, meaning many examples likely remain undetected in collections and circulation finds. The Type B reverse creates a completely different collecting category within 1962 quarters, offering variety hunters a legitimate reason to examine every specimen they encounter.

Auction records for the 1962 Type B Reverse reveal how the market has evolved since this variety gained recognition among serious collectors.

Current market activity demonstrates the growing awareness and demand for this distinctive die variety among Washington quarter specialists.

 

1962-D Quarter Value

The 1962-D quarter stands out as the highest-mintage coin of the entire 1962 series, with over 127 million struck at the Denver Mint. Despite this massive quantity, it actually ranks higher in rarity than the Philadelphia issue, earning a “rare” designation with a 40 rarity score. This counterintuitive situation occurs because survival rates tell a different story than original mintage numbers.

The small “D” mint mark below the eagle identifies Denver origin, and these quarters represent the peak of pre-1965 silver quarter distribution across the western United States during the final silver era.

Auction records for 1962-D quarters show how high-mintage coins can still achieve significant values in top grades.

Market activity reflects strong collector interest in this paradoxically rare high-mintage Denver issue.

 

1962 Proof Quarter Value

The 1962 Proof quarter represents the standard proof striking from Philadelphia, with 3.2 million originally minted for collectors. These coins feature the characteristic mirror-like fields and sharp details that define proof coinage, but lack the frosted device contrast that elevates CAM and DCAM examples.

What’s particularly noteworthy is the 35.7% survival rate—significantly higher than business strikes but lower than you might expect for coins specifically made for collectors. The relatively common designation masks the fact that pristine examples still command respect, especially given their role as the final generation of silver proof quarters.

Historical auction data reveals consistent collector appreciation for these well-preserved examples of 1960s proof craftsmanship.

Current market trends show steady demand from collectors building complete proof sets from the silver era.

 

1962 CAM Quarter Value

The 1962 CAM (Cameo) quarter represents a significant step up in proof quarter desirability, featuring the frosted device contrast that collectors prize. Starting from the same 3.2 million proof mintage, only coins with sufficient contrast between frosted lettering/devices and mirror fields earn the CAM designation. With a 17.1% survival rate yielding approximately 550,000 CAM examples, these quarters occupy the middle tier of 1962 proof varieties.

The contrast requirements mean many original proofs that might otherwise grade highly fail to achieve CAM status, making properly designated examples genuinely scarce within the proof population.

Auction performance data illustrates how contrast quality directly impacts collector demand and final hammer prices.

Market activity shows growing recognition of CAM quarters as the sweet spot between accessibility and genuine scarcity.

 

1962 DCAM Quarter Value

The 1962 DCAM (Deep Cameo) quarter represents the pinnacle of 1962 proof quarter collecting, with only 7.1% of the original proof mintage surviving with this premium designation. From 3.2 million proofs struck, approximately 230,000 achieved the deep, heavy frosting required for DCAM status—and far fewer survive in top grades today.

These quarters showcase the ultimate contrast between intensely frosted devices and deeply mirrored fields, creating the dramatic black-and-white effect that collectors consider the gold standard of proof coinage. The combination of technical perfection and visual impact makes DCAM examples the most sought-after 1962 quarters.

Auction records demonstrate how DCAM designation can multiply values dramatically compared to regular proof examples.

Current market dynamics show intense competition among advanced collectors for the finest DCAM specimens available.

Also Read: What Quarters Are Worth Money

 

Rare 1962 Quarter Error List

Error coins from 1962 represent some of the most exciting discoveries in Washington quarter collecting. These minting mistakes create unique varieties that can transform an ordinary quarter into a significant numismatic prize. While most 1962 quarters are relatively common, genuine error varieties command serious collector attention and premium prices when properly authenticated.

1. 1962 DDO FS-101 Errors

The 1962 Doubled Die Obverse (DDO) FS-101 shows distinct doubling on Washington’s profile and the inscriptions, particularly visible in “IN GOD WE TRUST”. This dramatic doubling occurred when the working die received multiple impressions from the master hub at slightly different angles, creating the telltale overlapping images that collectors prize.

Examples show clear separation between the doubled elements, making authentication relatively straightforward for experienced collectors. The doubling is most pronounced on Washington’s hair details and facial features, creating a distinctive appearance that’s impossible to replicate through post-mint damage.

 

2. 1962-D/D RPM FS-501 Errors

The 1962-D/D Repunched Mint Mark (RPM) FS-501 displays a secondary “D” mint mark impression beneath or adjacent to the primary Denver mint mark below the eagle. This error occurred when the mint mark punch was applied multiple times during die preparation, with each impression at slightly different positions.

The overlapping mint marks create a distinctive pattern that’s visible under magnification, with the secondary impression often appearing as a shadow or partial outline.This variety represents the hand-punching era before modern laser technology eliminated such errors, making it a fascinating piece of minting history.

Also Read: 20 Rare Washington Quarter Errors Worth Money (Full List with Pictures)

 

Where To Sell Your 1962 Quarter?

When selling your 1962 quarter, the key is matching your coin’s value and your selling preferences to the right marketplace—whether that’s auction houses for high-grade specimens, coin dealers for quick transactions, or online platforms for maximum reach.

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

 

1962 Quarter Market Trend

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

 

FAQ About The 1962 Quarter

1. What makes a 1962 Washington quarter rare?

The 1962 quarters with Washington’s image on the obverse are abundant coins on the market nowadays. Besides rare pieces in the highest grades and an expensive DDO error, most are affordable and readily available to collectors.

2. Which 1962 Washington quarter is particularly worth money?

• The 1962 MS 67+ Washington 25-cent coin sold at Heritage Auctions for $26,400 in 2019
• The 1962 D MS 67 Washington 25-cent coin sold at Heritage Auctions for $18,400 in 2012
• The 1962 PR 70 DCAM Washington 25-cent coin sold at Heritage Auctions for $7,800 in 2022
• The 1962 MS 66+ Washington 25-cent coin (DDO) sold at Heritage Auctions for $3,290 in 2016
• The 1962 MS 66+ Washington 25-cent coin (Type B reverse) sold on eBay for $1,500 in 2019
• The 1962 D/D MS 65 Washington 25-cent coin (RPM) sold on eBay for $495 in 2021
• The 1962 PR 70 Washington 25-cent coin sold at Heritage Auctions for $322 in 2002
• The 1962 PR 69 Washington 25-cent coin (CAM) sold at Heritage Auctions for $196 in 2005

3. How much is the 1962 Washington quarter without the mint mark worth?

Since the 1962 Washington quarters are abundant on the current coin market, you can expect to pay about $6 for circulated pieces in the lower mint state ranks.

Besides specimens from MS 65 to MS 67 grades with a price range from $30 to $2,250, you can also find precious ones ranked MS 68. Their assessed price is approximately $4,500.

4. What is the most pricey Washington quarter?

• The 1932 D MS 66 quarter is the most expensive silver piece minted in Denver ($143,750 in 2008)
• The 1932 S MS 66 quarter is the most expensive silver piece minted in San Francisco ($45,500 in 2020)
• The 1948 MS 68+ quarter is the most expensive silver piece minted in Philadelphia ($43,200 in 2021)
• The 1950 PR 68 quarter is the most expensive silver proof minted in ($31,200 in 2022)
• The 1966 MS 68+ quarter is the most expensive clad piece minted in Philadelphia ($21,000 in 2023)