1962 Dime Value: Silver, No Mint Mark, D and Proofs

In this article

Quick answer

A genuine standard 1962 Roosevelt dime is 90% silver, whether it has no mint mark or a D. A worn example is usually evaluated first for its silver content: approximately 0.07234 troy ounce per nominal-weight coin. Multiply that by a current silver quote for a metal reference, then compare actual dealer bids; it is not a guaranteed cash payout.

For problem-free ordinary strikes, the PCGS guide retrieved November 6, 2026 lists $16 at Mint State 65 for Philadelphia and $18 for Denver. The retrieved table displays a November 3 update. These are retail guide estimates, not completed sales. Full Bands, Proofs and attributed varieties need separate comparisons; a missing mint mark is normal on Philadelphia coins.

Real coin photos

1962 Roosevelt dime obverse: read the date at the lower right.

Basics & coin story

John R. Sinnock’s Roosevelt dime debuted in 1946 following Franklin D. Roosevelt’s death. Its torch, olive branch and oak branch express liberty, peace and strength. The denomination also connects Roosevelt with the March of Dimes campaign against polio. This date belongs to the original silver era, before regular dime production changed to copper-nickel clad in 1965.

The 1962 issue keeps that familiar design: Roosevelt faces left, with LIBERTY and IN GOD WE TRUST on the obverse and ONE DIME on the reverse. Nominal specifications are 2.50 g and 17.90 mm, with a reeded edge and 90% silver / 10% copper. Wear reduces actual weight; a scale alone does not authenticate a specimen.

Denver production was more than four times Philadelphia’s regular-strike total. A D is therefore not a rarity claim; the premium question concerns quality and attribution.

Issue checklist
Version	Mint mark / strike	Mintage
1962 Philadelphia	No mark; regular strike	72,450,000
1962-D Denver	D on reverse; regular strike	334,948,380
1962 Philadelphia Proof	No mark; collector strike	3,218,019

Versions & mint marks

No mint mark or D?

Read the obverse date first, then turn the coin over. On this silver-era design the small mint letter sits left of the lower torch, near its base. No letter means Philadelphia; D means Denver. JS by the portrait is the designer’s initials, not a mint mark. There is no regular 1962-S issue. Dirt, a weak photograph or surface damage should not be described as a missing-mint-mark error.

Proof is a method of manufacture

Philadelphia also made 3,218,019 Proofs for collectors. They have no mint mark too. Do not decide “Proof” from a shiny surface alone: polishing can create shine and damage a business strike. Examine the fields, devices and rims together; Cameo or Deep Cameo contrast is an additional designation, not a substitute for the numerical Proof grade.

Cataloged varieties to research

1962-D/D repunched mint mark, FS-501. A second D must match the published repunched-mint-mark diagnostics; a nick or shadow beside a D is insufficient. Photograph both sides and the relevant detail before seeking attribution. Ordinary damage, scratches and machine doubling do not automatically carry a variety premium.

Condition & value

Separate wear from strike weakness. Circulated coins lose relief on the cheek and hair; Mint State means no circulation wear, not an absence of contact marks. Full Bands (FB) concerns the separation of the reverse torch bands and requires its own attribution. It is not awarded simply because a coin is unworn. Read the grading guide before comparing a raw coin to a certified grade.

Dated guide comparisons · USD · ordinary non-Full Bands strikes
Issue	EF40	MS65	MS66	Evidence
1962, no mark	$7	$16	$22	PCGS retail guide
1962-D	$7	$18	$22	PCGS retail guide
Worn / damaged	Metal-based comparison	Not applicable	Not applicable	Current bid for comparable silver coins
Proof / Full Bands / variety	Separate issue	Match exact designation	Match exact designation	Separate guide and sold lots

Retrieved November 6, 2026; the source table displays November 3, 4:59 PM EST. The MS65 and MS66 entries are base grades, not plus grades or FB. Do not interpolate unlisted prices or apply these ordinary-strike figures to Proofs. Fees, shipping, taxes and selling costs are separate from these guide estimates.

Silver-content reference

At a hypothetical $40 per troy ounce, 0.07234 × $40 is about $2.89 of silver. This is arithmetic, not a current spot quote or a retail valuation. An actual offer depends on the current market, quantity, wear and the buyer’s spread; a collectible premium is not automatically added to every silver coin.

A documented historical comparison

1962 Philadelphia, PCGS MS67+: $587.50, June 2017, lot 3406. PCGS reports this individual result. Its summary does not separate hammer and buyer’s premium, so the displayed sale amount is not described as a hammer price or seller proceeds. It is an exceptional-grade historical example, not a typical circulated value. For a current estimate, compare several recent sales at the same mint, grade and designation.

Leave surfaces uncleaned. For an ordinary worn coin, compare a local dealer’s silver bid before paying for grading. If a potentially valuable variety or unusually high grade is plausible, use an appraisal to decide whether physical certification is justified.

Summary

For a 1962 dime, identify the reverse mint mark and strike type, then judge condition. Common worn coins start with a silver-market comparison; clean, certified Mint State pieces, Full Bands and Proofs belong in different markets. Preserve the surfaces and match dated evidence before deciding to sell or grade.

The Roosevelt dime guide covers the series and changing mint-mark locations. Compare 1960 dime values, 1961 dime values, 1956 dime values.

FAQ

Is a 1962 dime silver?

Yes. Standard Philadelphia, Denver and Philadelphia Proof 1962 Roosevelt dimes are 90% silver, with nominal silver content of approximately 0.07234 troy ounce.

Where is the mint mark on a 1962 dime?

On the reverse to the left of the lower torch. D identifies Denver; no letter is normal for Philadelphia.

Is a no-mint-mark 1962 dime an error?

No. Philadelphia regular strikes and Proofs normally have no mint mark for this year. Establish the strike type and condition before pricing.

Can a 1962 dime be worth hundreds of dollars?

Particular certified high-grade or attributed examples can sell for strong premiums. Those sales do not establish the value of a common worn coin; match mint, grade, designation and sale date.

References

References and further reading

Sources checked November 6, 2026. Guide estimates and historical sale results retain their separate dates and scope.