1946 S Penny

CoinTrackers.com estimates the value of a 1946 S Wheat Penny in average condition to be worth 15 cents, while one in mint state could be valued around $25.00. - Last updated: March, 05 2023

1946 S Penny
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  • Key: Better Date
  • Year: 1946
  • Mint Mark: S
  • Type: Wheat Penny
  • Price: 15 cents-$25.00+
  • Face Value: 0.01 USD
  • Produced: 198,100,000
  • Edge: Smooth


Look for the S over the D mint mark error on the 1946 Wheat Penny. One in good condition can fetch $250+

1946 Wheat Cents are worth very little in the worst of conditions. In a nice Mint State the San Francisco minted versions of this coin are worth up to about $6 while the Denver is worth $5 and the Philadelphia one just $4.

As with other Wheat Cents the color means alot. Check our color guide image below. The Red is always worth more than the Red Brown, and for certain more than the Brown in similar conditions.

Copper Penny Color Guide

Copper Penny Color Guide

Did you know?

The 1946 cent was the last penny to be struck with 95% copper and 5% zinc. The composition was altered to conserve copper during the post World War 2 era. Because of this the 1946 Lincoln cent holds a special place in many coin collectors' minds.

Extra Information

The 1946 penny has a diameter of 19mm, a weight of 3.11 grams, and a composition of 95% copper and 5% zinc. The coin was minted in large numbers, with over 1.2 billion produced that year across all three U.S. Mint locations: Philadelphia, Denver, and San Francisco. While the 1946 penny is not particularly rare or valuable, it remains a popular coin for collectors who appreciate its design and historical significance.

Mintage Numbers

Production Chart

How much is a 1946 S Penny worth?

This section is more of a layman's guide, for those new to collecting.

In Average Circulated (AC) condition it's worth around 15 cents, one in certified mint state (MS+) condition could bring as much as $25 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1946, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].

If you are a fan of coin roll hunting or just want to learn more about wheat pennys then search or scroll below to find the most valuable and rarest in this series.

Most Valuable

The most valuable Wheat Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

Image Year Mint Worth
Wheat Penny 1924 S $12k
Wheat Penny 1922 D $6k
Wheat Penny 1914 D $5.6k
Wheat Penny 1914 S $3.2k
Wheat Penny 1913 S $2k
Wheat Penny 1918 S $2k
Wheat Penny 1924 D $2k
Wheat Penny 1925 S $1.8k
Wheat Penny 1912 S $1.5k
Wheat Penny 1913 D $1.5k
Wheat Penny 1920 S $1.5k
Wheat Penny 1915 S $1.2k
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1989 P $345.22
1989 $345,000
1989 D $345
Image Name Mint Worth

Want more? Click here to see the most valuable coins ever minted.

Hardest to Find

The rarest and hardest to find Wheat Penny's Check out each link to learn more about each coin.

What is the rarest Wheat Penny?

Name Produced
1931 S 866,000
1914 D 1,193,000
1909 S 1,825,000
1924 D 2,520,000
1911 S 4,026,000
1914 S 4,137,000
1912 S 4,431,000
1931 D 4,480,000
1926 S 4,550,000
1935 D 4,700,000
1915 S 4,833,000
1910 S 6,045,000
1913 S 6,101,000
1933 D 6,200,000
1922 D 7,160,000
1923 S 8,700,000
1932 9,062,000
1912 D 10,411,000
1932 D 10,500,000
1924 S 11,696,000
Name Produced

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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