How much is a 1946 wheat penny worth

While the modern penny may not be worth much at all, older versions of the coin are quite valuable. The 1946 Lincoln penny is an example of a coin that is highly sought after by collectors.

The US minted the 1946 wheat penny with no mint mark and also the 1946 D wheat penny and 1946 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

Because there were up to 3 different types of Lincolns produced each year, the type and its scarcity will help determine the value. Secondly, the grade of the coin means everything as coins in great condition will be more valuable than those that have been heavily worn.

Mintmarks and the 1909 VDB

An “S” mintmark found under the date of a Lincoln Wheat Penny indicates that the penny was minted by the San Francisco Mint. … A “D” under the date indicates that the penny was minted in Denver, while lack of a mintmark indicates that the penny was minted in Philadelphia.

According to USA Coin Book, a steel penny from 1943 in circulated condition is worth between 16 cents and 53 cents. However, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.

Error/misstruck coin

One of the minting errors you may find on the 1956 penny is the D above shadow D. Since this coin is rare, it could fetch about $25 in extremely fine condition. Some 1956 pennies have the clipped planchet error.

The 1956 wheat penny D above shadow D error coin is worth around $10 in very fine condition. In extremely fine condition the value is around $25. In uncirculated condition the price is around $35 for coins with an MS-63RB grade.

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

The Standard Value of the 1942 Penny

The standard value for the 1942 penny ranges from $0.35 in average condition to $3 in certified mint state.

Value of a 1957-D Wheat Penny

An average uncirculated specimen (MS-63) will cost about seventy-five cents. The highest grade that a third-party certification service has ever issued to a 1957-D Lincoln cent is MS-67+Red (PCGS) that sold for $2,640 in August 2018 at a Stack’s Bowers auction.

For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. In 2018, bidders were ready to part with up to $24,000 for a rare 1944-D/S Lincoln cent. 1944 pennies are old coins minted in the United States decades ago.

They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.