A rare 50p coin was sold on eBay for a whopping £207.27 - a whopping 414 times its original value.

The 50p coin was issued by the Royal Mint in 2011 to celebrate the upcoming London 2012 Olympic Games. The coin features a drawing of an athlete doing the high jump and was designed by nine-year-old Florence Jackson back in 2009 for a Blue Peter competition. Florence's drawing was crowned the winner out of 17,000 entries and by winning, she became the the youngest person to ever design a UK coin according to Change Checker.

The coin sold on eBay was issued earlier in 2008 which makes it a desirable item for coin collectors. Around 2.2million of the Blue Peter coins were minted in 2011 and released into circulation. However, there were only 20,000 made for the 2009 release and were sold on the Royal Mint for £1.99.

The coin was listed under: "2009 Royal Mint 2012 Olympic Games Blue Peter Winner's Edition 50p rare coin". The eBay seller added that the coin was a "must have for any serious coin collector" as it was still in original plastic delivery packaging and was described as being in "pristine condition".

The coin was listed for £50 on October 19 and over the course of a week received eight bids from five separate bidders. The bidding war took place taking to price to £100, then to £180 and finally reaching £207.27 on October 26 when the listing closed.

Have you spotted a rare coin in your change? Let us know: mirror.money.saving@mirror.co.uk.

The 2009 version of the Blue Peter Olympic coin was never officially put into circulation when they were minted - but that doesn't mean some didn't enter everyday transactions. It is worth keeping an eye on your loose change as recently a number of the Blue Peter coins have been selling for eye-watering money.

Another eBay user sold their Blue Peter Olympic coin in August for £205 after receiving six bids. A third person sold theirs for £237 after receiving eight bids.

If you find yourself in possession of one of these coins you may want to follow others and sell it. However, selling a coin on eBay is never guaranteed and a coin is only ever worth what someone is willing to pay for it.

If you are a collector, then you should also keep in mind that fake coins can appear online too, so always be wary before handing over any cash. Websites and Facebook groups from change experts like Coin Hunter can help you work out if a coin is the real deal or not. You can also get coins verified by the Royal Mint.