I'm not understanding why this as over 1,000,000 minted, but shows an XF value of over $20. Am I missing something? https://en.numista.com/catalogue/pieces1413.html
Last year of issue so mintage figures may not represent those numbers actually released into circulation?
They must not have released many into circulation. There is only 1 sale showing on eBay and it sold for $64.50.
This is a possible explanation. Krause has this coin at $95 in XF. The 1946 date has about 1/3 the mintage and list for $2.50 in Krause. edit: The OP coin is in XF to AU based on the photo. It likely would sell for $45 to $65 on a good day. The eBay sale price is probably top dollar IMO. Congrats on a nice coin.