Since there were so many of them minted, in circulated condition it has no added value. A nice uncirculated mint red one may be worth 5 cents. I assume you mean a U.S. cent ... even though we use the term penny, that's really a British coin ... and a "Penney" (with 2 E's) is a department store, LOL! 1962 cents are very common and still in circulation. Unless yours is in uncirculated or proof condition, it's worth face value. 1962 Lincoln Type, Memorial Reverse Cent, uncirculated is worth $0.10, Proof is worth $1.00.
US pennies have never been made of silver.
One Cent is the value. The US has never made a silver penny. It may look like silver or have been silver plated but it has no collectible value.
There was never a silver Indian Head penny.
No such thing as a 94 silver penny.
The U.S. never minted a silver penny. It would have more than a dime's worth of silver in it. Your coin has been plated.
The coin is still found in circulation and is face value
The 1910 1955 half penny stamp value of silver jubilee is two pounds.
4,002,000
Value for a proof 1962 is $10.00-$12.00
A 1962 half dollar is 90% silver. The circulated value is $7.01 because of the silver content. The uncirculated value is $20.
The US has never made and never will make silver pennies. If a penny was silver it would be worth more than a dime.
About $2.00 for average proof coins