Coin collectors have been alerted to a penny coin worth “at least £150,000”. The penny is one of the rarest coins ever produced according to experts, who say if you have one “you are rich”. It is a pre-decimal penny from 1933 and only seven are known to exist.

TikTok user Coin Collecting Wizard told their followers that “this coin is worth at least £150,000”. They explained: “This is the 1933 pre-decimal penny from the United Kingdom. @coincollectingwizard This old penny is worth at least £150,000 #oldcoins #1933penny #rarecoins #coincollector #ukpennies #valuable ♬ Strange Tales - Winston Green & Robert Edwards “Do you have this coin from 1933? If so, you are rich, but I guarantee you do not have this coin.

“How do I know? Because it is one of the rarest coins ever produced. “There are other dates on these old coins, and some do have a decent value but it is never going to have the crazy value of the 1933 penny as only seven are known to exist.” Five Incredibly Rare and Valuable British Coins What makes a coin valuable? The 50 pence piece has become the most valued and collected coin in the UK, with many collectable designs appearing on its heptagonal canvas.

Its 27.5mm diameter makes it the largest of any British coin, and allows space for decorative pictures. It has often been used to celebrate big events over the past 50 years of British history.

The rarest coins tend to be of the greatest value, with the mintage (number of coins with each desig.