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US Mint
1962 US Proof Set
US Mint

1962 US Proof Set

Last price we saw

$49.47at Pinehurst Coins, last seen Oct 31

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Our take on the 1962 US Proof Set

The 1962 US Proof Set is the Mint's five-coin proof set for that year: the Lincoln cent, Jefferson nickel, Roosevelt dime, Washington quarter and Franklin half dollar, each struck in proof finish and sealed in a flat cellophane packet. The dime, quarter and half are 90% silver, giving the set about 0.614 troy ounces of silver. It is an uncertified, ungraded set, so condition depends on the individual coins and the packaging. Raw sets trade at modest premiums over their silver melt value, and prices move with the silver spot price more than with collector demand.

Best for
Collectors filling a 1962 date run
Silver stackers who want vintage US coins
Gift for a birth-year or anniversary collector
Beginners buying their first proof set
Pros
  • Three of the five coins are 90% silver
  • Proof finish is the Mint's highest standard
  • Sealed in the original cellophane holder
  • Affordable entry into classic proof sets
  • Franklin half dollar is a popular series
Cons
  • Ungraded and uncertified, so quality varies
  • Cellophane often yellows or splits after 60 years
  • No certificate of authenticity
  • Value tracks silver spot more than rarity
  • Common date with a large mintage, so little numismatic premium

1962 US Proof Set prices at every store

  • Pinehurst CoinsCheck price at Pinehurst Coins

1962 US Proof Set price history

Lowest price we've seen: $49.47 on Oct 31 at Pinehurst Coins. Tracked across 1 store since Oct 31.

What reviewers say

Collectors treat the 1962 set as a solid, common date that is easy to find and pleasant to own. Complaints center on toning, hairlines and torn or stained packaging on raw sets.

Pros
  • Attractive cameo contrast on many coins
  • Franklin half dollar is a highlight
  • Good value for a silver proof set
Cons
  • Cellophane packaging degrades over time
  • Coins can show spots or haze
  • Not worth grading individually in most cases

Specifications

Year
1962
Issuing Country
United States
Denomination
Varies
Shape
Round
Metal Type
Silver
Fineness
0.9
Country Of Manufacture
United States
Certification
Uncertified
Circulated Uncirculated
Uncirculated
COA
No
Coin
Mixed Lot
Diameter
Varies
Edge Design
Varies
Face Value
Varies
Graded
No
Metal
Silver
Metal Percentage
90
Metal Purity
0.9
Precious Metal Content Per U
Varies
Precious Metal Form
Coin
Strike Type
Proof
Thickness
Varies

Questions and answers

Is the 1962 proof set worth buying?
Yes for date-set collectors and silver buyers. It is a common set with a large mintage, so expect to pay close to silver value plus a small premium rather than a rarity price.
How much silver is in a 1962 proof set?
The dime, quarter and half dollar are 90% silver, about 0.614 troy ounces total. The cent and nickel contain no silver.
What coins are in the set?
Five coins: Lincoln cent, Jefferson nickel, Roosevelt dime, Washington quarter and Franklin half dollar, all in proof finish.
Should I buy a graded set instead?
Only if you want top-grade registry coins. Most 1962 sets are not worth the grading fees, and raw sets in original packaging are fine for albums and type sets.
When is it cheapest?
Prices follow the silver spot price, so the set is cheapest when silver is low. Demand also softens outside gift and holiday seasons.