Penny Princess is a 1952 British Technicolor comedy film written and directed by Val Guest and starring Yolande Donlan, Dirk Bogarde and A. E. Matthews. It was made by Guest for his own production company, Conquest Productions. The film stars his future wife Donlan, who was Guest's production company partner, and features Reginald Beckwith, the other partner in Conquest Productions. It was released by General Film Distributors. It was distributed in America the following year by Universal Pictures.

It was made at Pinewood Studios near London. Location shooting took place in Montseny, Catalonia, the first British production to be filmed in Spain. The film's sets were designed by the art director Maurice Carter.