Collectors are on high allert after a special piece is believed to be worth £60,000.

Coins can hold a huge value, without you even realising it. Previously, we revealed the rarest 20p and 50p coins which could be in your pocket.

Now it’s time to focus on designs from the 60s as TikTok expert @CoinCollectingWizard detailed a rare Churchill Crown. The 1965 piece was minted to mark the death of Sir Winston Churchill that year.

The expert advised his 208,000 followers to scour their collections for a “tiny” mint mark on the coin featuring the late Prime Minister’s portrait.

He said: “Wow, pay attention to this! If you have this coin, look for a rare mark making it worth £60,000. Do you have this Churchill Crown from 1965?”

He added: “You need to check yours for a rare mint mark making this coin very unique. Pay attention to this tiny detail that makes this from a £2 coin to a £60,000 coin.”

The expert emphasised the importance of inspecting the coin closely, possibly with a magnifying glass or jeweller’s loop, as the mark is easy to miss.

“Look closely as it’s easy to miss,” he chimed in. “Maybe use a magnifying glass or jeweller’s loop, this is a tiny detail that makes a huge difference.

“You are more than likely to have the version without the mark as that was minted in the millions and not worth much.”

However, he cautioned most people will possess the common variant, which isn’t particularly valuable. He concluded: “But if you find this rare version, you are looking at £60,000, possibly more.

“So make sure you check for this Churchill Crown with such a tiny mint mark which could make you thousands of pounds. Do you have this?”

Since the video was uploaded, it received over 250 likes and been bombarded with comments. One viewer remarked: “I have one of these.” Another confessed: “Mine has this.” A third quipped humorously: “I’ve got one but no mark, I’ll accept £30,000.”

The Britannia Coin Company elucidates the 1965 Churchill Crown normally carries a nominal value of 25p – which is five shillings’ worth.

However, an error on the coin can massively inflate its value. These silver-coloured coins from 1965 are typically unearthed in old collections of coins, and The Britannia Coin Company sees numerous examples every week.

It’s believed the Royal Mint struck these commemorative pieces to pay tribute to Sir Winston Churchill following his passing away on January 24, 1965.