1946 Wheat Penny Value
The value of a 1946 Wheat Penny can range from a few cents to over a thousand dollars, depending on its condition and color. Higher-grade examples, especially those with a red coloration, can command prices from around one thousand to fourteen thousand dollars. The 1946 Wheat Penny comes in various shades, from brown to brown-red to red, with the red varieties typically being more valuable. Like others of this time period, many of the 1946 Wheat Penny coins went into immediate circulation. This could be the reason that it’s very difficult to find this coin in higher Mint State grades, and it will have a higher price tag to match that difficulty. Continue reading to learn more about 1946 Wheat Penny value.
AUCTION RECORD: $736 • MS67BN
Image source: PCGS
1946 Wheat Penny
The 1946 Wheat Penny is a U.S. cent featuring Abraham Lincoln on the obverse and wheat stalks on the reverse. It was one of the first pennies minted after World War II, made from 95% copper. Collectors prize this coin for its historical significance, with its collectibility influenced by factors such as condition, mint mark, and overall rarity.
History of the 1946 Wheat Penny
The 1946 Wheat Penny is an attractive coin that would make a great addition to any Lincoln Cent series collection. Cherrypicking is advised to ensure a sharp strike and nice surfaces. The Wheat Penny was designed by Victor David Brenner. At the time, President Theodore Roosevelt wanted to prepare new coin designs that had more artistic merit. He chose Brenner based on a plaque he created with Lincoln’s profile. The Wheat Penny depicts a bust and profile of Abraham Lincoln on the obverse. The reverse features two stalks of durum wheat.
1946 Wheat Penny Worth
The 1946 Wheat Penny value ranges from around one thousand dollars to fourteen thousand dollars for some of the higher grades available on the market today. The Wheat Penny colors come in a range from brown to brown-red to red, with the red varieties typically commanding a higher price. The Wheat Penny series is an accessible one for those looking to build a collection at more affordable prices.
Type of coin: Penny
Year: 1946 Wheat Penny
Wheat Penny Mint Mark: Philadelphia
Total mintage: 991,655,000
Metal content: 95% Copper, 5% Zinc
Face value: 1 cent
Weight: 3.11 grams
Edge: Plain
Designer: Victor David Brenner
Diameter: 19.00 millimeters
FAQ
What is the value of a 1946 Wheat Penny?
The value of a 1946 Wheat Penny generally ranges from a few cents for circulated coins to several dollars for uncirculated ones, with rare errors or high-grade examples fetching higher amounts.
Are 1946 Wheat Pennies rare?
No, 1946 Wheat Pennies are not considered rare due to their high mintage, but specific error coins or high-grade examples can be more valuable and sought after.
What factors affect the 1946 Wheat Penny Value?
The value is affected by condition, mint mark, color (red, red-brown, or brown), and any errors or varieties present on the coin.
How much is a 1946 No Mint Mark Wheat Penny worth?
A 1946 No Mint Mark Wheat Penny, minted in Philadelphia, typically ranges from about 15 cents to a few dollars, depending on its condition.
What is the highest value ever recorded for a 1946 Wheat Penny?
Record prices can vary, but high-grade examples, especially with errors, can sell for several hundred dollars.
Can the condition of a 1946 Wheat Penny significantly increase its value?
Yes, the better the condition, especially if the coin is uncirculated, the higher its value.
What are the mint marks on 1946 Wheat Pennies, and how do they impact value?
1946 Wheat Pennies can have "D" (Denver), "S" (San Francisco), or no mint mark (Philadelphia). Coins with "D" or "S" mint marks can be slightly more valuable than those without a mint mark.
Is there a steel version of the 1946 Wheat Penny?
No, there is no steel version of the 1946 Wheat Penny; they were minted in copper.
What errors should I look for in a 1946 Wheat Penny?
Look for errors such as doubled dies, repunched mint marks, off-center strikes, or clipped planchets, as these can increase the coin’s value.
How much is a 1946 D Wheat Penny worth?
A 1946 D Wheat Penny's value can range from 15 cents to hundreds of dollars, depending on its condition, with higher values for uncirculated or error coins.
How does a 1946 Wheat Penny compare in value to other years?
The 1946 Wheat Penny is generally less valuable than key date Wheat Pennies but can be comparable in value to other mid-20th century Wheat Pennies in similar condition.
What is the best way to sell a 1946 Wheat Penny?
Selling through reputable coin dealers like Bullion Shark, online auctions, or numismatic collectors’ shows can help you achieve the best price, especially if the coin is in good condition or has collectible value.
What should I do if I think my 1946 Wheat Penny is valuable?
Have it appraised by a professional coin grader or a reputable coin dealer to determine its exact value and condition.
How much is a 1946 S Wheat Penny worth?
The value of a 1946 S Wheat Penny can range from 15 cents to several dollars for circulated conditions, with uncirculated examples fetching higher amounts.
Are there any special varieties of the 1946 Wheat Penny that are more valuable?
Special varieties, particularly those with minting errors or those in exceptionally high-grade condition, can be more valuable than standard 1946 Wheat Pennies.
Continue reading:
1945 Wheat Penny value, 1942 Wheat Penny value, 1909 VDB penny value, 1944 Wheat Penny Value, 1941 Wheat Penny Value, which quarters are worth money, how many nickels in a roll, 1953 wheat penny value, quarters worth money, pennies worth money, how many quarters in a roll, 1942 penny value, what are nickels made of, most valuable quarters, 1945 wheat penny value, Morgan silver dollars, silver American eagles, Franklin half dollars.