The "R" is not a mint error. It's something that was added after the coin left the mint. As such your coin is considered to be altered and is only worth face value, unfortunately.
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what was the value of a dollar in the 1960's
Probably not much more than a penny, because it's most likely just electroplated. These sorts of coins are novelties. Wrong!! That kinda penny is probally worth 1 or two bucks?
A farthing was a quarter of a pre-decimalisation penny and ceased to be legal tender at the end on 1960.
It is 90% silver. It contains about .362 troy ounces of silver in it. Multiply that by the current spot price to get the value.
All silver (1946-1964) Roosevelt dimes are common. Most are only valued for the silver, about $2.00.