Price Guide for 1946 Cent Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1946-S Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $3.00 – $16,800.00
  • eBay
    Circulated: $10.00
    Uncirculated: $0.99 – $1,800.71
  • PCGS Price Guide
    Uncirculated: $5.00 – $1,400.00
1946-D Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $1.00 – $2,585.00
  • eBay
    Circulated: $15.00
    Uncirculated: $2.25 – $1,739.00
  • PCGS Price Guide
    Uncirculated: $2.00 – $3,000.00
1946 Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $6.00 – $14,950.00
  • eBay
    Circulated: $13.00
    Uncirculated: $1.61 – $979.00
  • PCGS Price Guide
    Uncirculated: $3.00 – $1,000.00
1946-S Penny Inverted MM FS-501, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $126.00 – $468.00
  • eBay
    Uncirculated: $32.00 – $295.00
  • PCGS Price Guide
    Uncirculated: $150.00 – $800.00
1946-S/D Penny FS-511 OMM, RD (Regular Strike)
  • 3rd Party Price
    Circulated: $129.25
    Uncirculated: $228.00 – $3,172.50
  • eBay
    Uncirculated: $330.00 – $850.00
  • PCGS Price Guide
    Uncirculated: $225.00 – $3,250.00
1946 Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $6.00 – $51.00
    Uncirculated: $11.00
  • eBay
    Circulated: $1.00 – $38.00
    Uncirculated: $1.99 – $736.24
1946-S Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $7.00 – $61.00
    Uncirculated: $1.00 – $40.00
  • eBay
    Circulated: $1.25 – $15.50
    Uncirculated: $3.91 – $134.50
1946-D Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $30.00 – $470.00
  • eBay
    Uncirculated: $2.80 – $249.99
1946 Penny, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $3.00 – $86.00
  • eBay
    Uncirculated: $1.25 – $134.99
1946-D Penny, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $15.00 – $130.00
  • eBay
    Uncirculated: $0.99 – $145.00
1946-S Penny, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $15.00 – $32.00
  • eBay
    Uncirculated: $3.25 – $204.25
1946-S Penny Inverted MM FS-501, BN (Regular Strike)
  • eBay
    Uncirculated: $179.00
1946-S/D Penny FS-511 OMM, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $81.00
  • eBay
    Circulated: $107.50 – $140.00
    Uncirculated: $3,181.48
1946-S/D Penny FS-511 OMM, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $340.75

Design and Specifications of the 1946 Cent

The 1946 Lincoln Cent marked the first full year of peace-time coin production following World War II. This year saw a significant increase in coin production as the economy began to recover and demand for circulating coinage grew. The Lincoln Cent, featuring Victor D. Brenner’s iconic design, had been in circulation since 1909 and continued to be a staple of American commerce.

Weight 3.11 grams
Diameter 19.05 mm
Mint Marks No mint mark (Philadelphia), D (Denver), S (San Francisco)
Composition 95% copper, 5% tin and zinc
Obverse Design Portrait of Abraham Lincoln, designed by Victor D. Brenner
Reverse Design Wheat ears design, designed by Victor D. Brenner

Rarity Factors and Value Drivers

The condition of 1946 Lincoln Cents significantly impacts their value. While these coins are common in circulated grades, they become increasingly scarce in higher mint state conditions. Coins in MS65 and above can command substantial premiums, especially those with full red color (designated as RD).

Key factors affecting condition include:

Luster: Original mint luster adds to the coin’s appeal and value.
Strike quality: Well-struck coins with sharp details are more desirable.
Color: Full red specimens are the most valuable, followed by red-brown, and then brown.

Philadelphia, No mint mark

Mintage: 991,655,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS66 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

Denver, D

Mintage: 315,690,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS66 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

San Francisco, S

Mintage: 181,770,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS66 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

Several factors can influence the value of 1946 Lincoln Cents beyond mintage and condition:

1. Toning: Attractive, natural toning can enhance a coin’s appeal and value.

2. Die characteristics: Sharp die polishing lines or interesting die states may attract variety collectors.

3. Historical significance: As the first post-war issue, these coins hold special interest for some collectors.

4. Set completion: Demand may increase for high-grade examples needed to complete registry sets.

While not rare, well-preserved 1946 cents with original surfaces and attractive color can be quite valuable to discerning collectors.

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