What is the cause of the large variation in the 1946 Wheat Penny Value?

accountingbyte

New member
The value is different since collectors value coins according to rarity, condition, grade of grading, mint errors and visual appeal. The dirty circulated penny might be worth cents, a bright sharp strike coin discussed by NGC or PCGS rated MS-66 or MS-67 may be worth many dollars. There are even sliced die mistakes, planchet mistakes, and off center hits that are sold at a high price on some 1946 pennies. In addition, the outcome of auction has an impact on the market value. The grading of coins is very vigorous and therefore small imperfections will lower the value. Thus, the same coin of the same year can differ in price by an enormous margin depending solely on the condition. 1946 Wheat Penny Value
 
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