1946 wheat penny worth

Answer 1

Pennies come in several grades scaled from 1 to 70 with those graded MS above 60. They are also graded by color in both circulated or a proof conditions. Proof coins in most cases are not worth as much as high graded circulated coins but there are exceptions. Remember a proof coin never stops being a proof coin even if circulated but it gets downgraded to a proof with aberrations or one of the states between 1 to 70 with PR before the number. As an example a 1926 S penny in MS 63 brown fetches as much as $500.00 but the same coin in Red Brown is $1200.00 and in Red is $2500.00. In lower grades in drops quickly to single digits and up to 130,000 in Mint State 65 and considered extremely Rare. Many people try to sell you so called red pennies on a popular web auction sit but beware just because they rub it with brasso does not make a red penny, only a plug with NO real value. If you are going to buy investment grade coins first look at investment grade coins. These are usually professionally graded by PCGS, NGC or ANACG. Look at their surfaces and tone. Learn how coins wear. Lincoln starts at the cheek for example. So to answer your question a 1926 penny could fetch you on average in raw state $5.00 if in fair shape. I personally own the only 1926 s RD MS 65 and speak with experience. Good Luck and collect with fun in mind.

Answer 2

There's no such thing as a silver penny. It's been plated for use in jewelry or similar.

The plating makes it a damaged coin worth only 1¢.

Answer 3

0.20$