How much is a 1946 penny worth?

As of 2014, a 1946 penny is valued by collectors at between 3 cents and $4, depending on its condition and where it was minted. Pennies from 1909 to 1958 are referred to as Lincoln wheat pennies, based on their design containing two stalks of wheat.

Pennies from 1946 were produced in either Philadelphia, Denver and San Francisco. The coins produced at the San Francisco mint are worth the most due to their lower production numbers. Those produced in Philadelphia and Denver are worth roughly the same amount. Uncirculated coins are worth the most, followed by those in very fine, fine and good condition.