The 1946 Wheat Penny No Mint Mark is made with high production hence the range of its value is 3 to 10 cents in circulated condition. But the circulated ones are sold at a higher price to collectors. MS65 Red 1946 Penny prices can have a value of between $10-30 but excellent grades can go above 50. Even more expensive may be coins with mint errors, including die cracks, two-strikes mint errors, or off-center minting errors. Although it is not quite rare, the interest of the 1946 Wheat Penny is connected with the history, design, and collectability, particularly to those who are completing the series of Wheat cent collection.