In my opinion, you would most likely not hurt the value and would most likely increase the value. This is not one of Bears more collectible models even though they perform well and those '62 Bears are some of the best they ever made.
As to value, it's hard to say since there are just not enough of these models selling on a regular basis. With that said, and if bow is right hand and in a good weight, my guess is $150-200.