Here are some factors that can affect the value of a 1946 D wheat penny:
* Condition: The overall condition of the penny is an important factor in determining its value. Pennies that are in good condition, with minimal wear and tear, will be worth more than those that are in poor condition.
* Grade: The grade of a penny is a numerical rating that indicates its condition. Pennies are typically graded on a scale of 1 to 70, with 70 being the highest possible grade. A penny that is graded higher will be worth more than a penny that is graded lower.
* Rarity: The rarity of a penny can also affect its value. Some pennies are more rare than others, and this can make them more valuable. For example, a penny that was minted in a low mintage year will be more rare and therefore worth more than a penny that was minted in a high mintage year.
If you have a 1946 D wheat penny, you can estimate its value by using a coin price guide or by consulting with a coin dealer.