Check your rare coins for penny design worth eye-watering £200k

Your coin collection is about to make you richer.

It's no secret certain rare coins are worth more than others. There's often change which could make you a lot of money, especially if you take it to auction or flog it on eBay. Now did you know there's a penny estimated to be worth £200,000?

Over on TikTok, one avid collector revealed the "intriguing" coin which could be lingering in your pocket. The @coincollectingwizard boasts a mega 294,000 followers where he shares the most unique designs to look out for.

Just previously, he mentioned the valuable change that could make you rich. And just a few days ago, he shared the £200,000 coin from 1952 which is the "rarest proof penny of the entire series of copper and bronze pennies".

In the video, which scooped 500 likes and dozens of comments, he said: "This penny is estimated to sell for £200,000 at auction, do you have one? This is a UK penny from 1952, this intriguing proof coin is the rarest proof penny of the entire series of copper and bronze pennies."

He continued: "The existence of this unique 1952 proof penny was not known publicly until its initial appearance at numismatic auction in October of 1997, some 45 years after it was struck. The British numismatic world was astonished to see this coin appear and in proof quality as this was not known to exist.

"The 1952 proof penny remains an enigma as the only unique proof striking of a pre-decimal penny of the 20th century. It is perhaps understandable that George VI in 1952 proof penny remains a unique piece as the King died very early that year passing away on the February 6. It will go up for auction and is estimated to reach £200,000 if not more."

Since it was posted on social media, it garnered a lot of attention from collectors who claimed to own the same coin. Others described the design as "nice", while others asked for advice on how to flog the coin.

According to experts, the 1952 penny is a unique and highly valuable coin. Although no ordinary circulation pennies were struck in that year, a single proof penny was made. But it was not known to the public until 1997, where it appeared at auction. And today, this coin is dubbed the "numismatic unicorn".

It's popular among collection due to its unique status and the fact it was struck during a period of royal transition – when King George VI died and Queen Elizabeth II ascended to the throne.

It features a profile of King George VI on one side with the words "GEORGIVS VI D: G: BR: OMN: REX FIDEI DEF". Meanwhile, on the reverse the words "ONE PENNY 1952" is written with Britannia seated.

Just last year, the same coin turned heads among collectors where it was also worth the same price tag. Think you have one of these coins in your wallet? Leave us a comment below!