As a numismatist with a focus on coin valuation, I can tell you that the value of a 1962 penny can vary significantly depending on its condition, mint mark, and whether it's a small date or large date variety. The 1962 penny is not considered rare, and most examples in circulated condition are worth only a few cents to a couple of dollars. However, uncirculated coins in pristine condition can be worth more, especially if they are in high grade.
For the small date variety, which is less common, the value can be slightly higher, but still, it's not typically a significant amount unless the coin is in exceptional condition or has some unique feature that collectors find appealing.
Here's a breakdown:
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Circulated Small Date: A few cents to a couple of dollars.
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Circulated Large Date: A few cents.
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Uncirculated Small Date in High Grade: Potentially tens of dollars.
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Uncirculated Large Date in High Grade: Less than the small date, but still more than circulated examples.
Keep in mind that these values are approximate and can fluctuate based on market demand and the specific details of the coin.
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