The famous teen actors are said to have been competing for the young Bond part in a new movie.
Harry Potter actor Daniel Radcliff, 16 and Billy Elliot star Jamie Bell, 19 have been eyed by the producers of the film, which will be an adaptation of hit book Silverfin - the first in a series written by British comic Charlie Higston about the 007 secret agent as a 13-year-old.
The producers are planning to raise the age of the teenage spy to secure one of the actors in the lead role.
The storyline revolves around Bond's time in Britain's prominent public school Eton.
"With it being so popular around the world, the book is certain to make the big screen. It has all the hallmarks of a hit. Murder, mystery, action and a young James Bond", a source said.
"Daniel Radcliffe would be perfect but they are also looking at Jamie Bell. They want to make the young Bond a bit older so they can have one of those two names."
Jamie Bell: FilmographyHallam Foe (2006) (filming) - Hallam Foe
Flags of Our Fathers (2006) (filming)
King Kong (2005) (post-production) - Jimmy
The Chumscrubber (2005) - Dean Stiffle
Dear Wendy (2005) - Dick
Undertow (2004) - Chris Munn
Nicholas Nickleby (2002) - Smike
Deathwatch (2002) - Pfc. Charlie Shakespeare
Billy Elliot (2000) - Billy Elliot
"Close & True" (2000) TV Series - Mark Sheedy
Daniel Radcliffe: Filmography Harry Potter and the Order of the Phoenix (2007) (pre-production) (unconfirmed) - Harry Potter
December Boys (2006) (pre-production) - Maps
Harry Potter and the Goblet of Fire (2005) (completed) - Harry Potter
Harry Potter and the Prisoner of Azkaban (2004) - Harry Potter
Harry Potter and the Chamber of Secrets (2002) - Harry Potter
Harry Potter and the Sorcerer's Stone (2001) - Harry Potter
The Tailor of Panama (2001) - Mark Pendel
David Copperfield (1999) (TV) - Young David Copperfield