The most common variety of 1962 silver dollar is the "Peace dollar." Peace dollars were minted from 1921 to 1935 and again in 1964. The 1962 Peace dollar has a value of around $1.50 in circulated condition. Uncirculated 1962 Peace dollars can be worth anywhere from $5 to $100, depending on their condition.
The other variety of 1962 silver dollar is the "Morgan dollar." Morgan dollars were minted from 1878 to 1921. The 1962 Morgan dollar was minted as a commemorative issue to mark the 100th anniversary of the death of George Morgan, the designer of the coin. The 1962 Morgan dollar is worth around $2 in circulated condition. Uncirculated 1962 Morgan dollars can be worth anywhere from $10 to $200, depending on their condition.
Some 1962 silver dollars are worth even more than the common Peace and Morgan dollars. These include:
* 1962 "Proof" silver dollars: Proof coins are special coins that are minted with extra care and detail. They are typically worth more than circulated coins. A 1962 proof silver dollar can be worth up to $50.
* 1962 "Mint State" silver dollars: Mint State coins are coins that have never been circulated. They are typically worth more than circulated coins. A 1962 Mint State silver dollar can be worth up to $100.
* 1962 "Error" silver dollars: Error coins are coins that have errors in their design or minting. These errors can make the coins more valuable. Some 1962 silver dollar errors can be worth hundreds or even thousands of dollars.
If you have a 1962 silver dollar, it is important to get it appraised by a professional coin dealer to determine its exact value.