man who collected pennies for 45 years

We could only imagine how many weeks they would have spent on Othas collection if there was no machine to help them count. All eyes were on the man pulling the trolley behind him. For anyone who's trying to work it out, that's $114.14 a year, Anders was able to collect by picking up dirty old pennies left forgotten on the side of a street. "I would break a dollar before giving up a penny.". Little did he know, just how many gifts he was going to receive. These cookies track visitors across websites and collect information to provide customized ads. How would they be able to count all these pennies? But his wife couldnt help but question one habit that he had had for the last 45 years. AREVIK 25.12.2022 1.1k. Have you ever felt bogged down by the change in your wallet that feels like extra weight that you'll never get rid of? It reportedly took five hours for machines to count all the change. The machine bags had to be changed for every $50. See a penny pick it up and if you're like this guy who did that for 45 years you could eventually be walking away with a nice chunk of change.literally. As it turns out, he knew Anders quite well Anders was a longtime, loyal customer who never gave them any problems so immediately knew the manager wanted to help him. This material may not be published, broadcast, rewritten, The coin reminded him to pray and give thanks. Mutual Fund and ETF data provided by Refinitiv Lipper. Otha Anders started collecting pennies because he became "convinced that spotting a lost or dropped penny was an . Im not sure exactly, Anders said. The pennies were then poured into the coin machine with small plastic buckets. He took it as a sign to pray and give thanks. He looked at lost old pennies on the floor as his very own personal gift from God. He had no idea, but clearly, this would result in a fortune. And they werent the only establishment to do so. After over four decades of this spectacular collection, we wish Anders the very best for his future penny collections as well! This soon became an obsession until he started saving his own pennies for his hobby. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. Anders said, I would never spend a penny, I would break a dollar before giving up a penny. When the children he looked after figured out how important pennies were to him, they wanted to contribute. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. The 73-year-old had a family of his own. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. Total Savings. But now, he was about to find out. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. He explained to the outlet the coins hold meaning for him. -- A Louisiana man recently cashed in hundreds of thousands of saved pennies, rollingthem to the bank on a dolly after collecting them for more than four decades.According to the Louisiana News Star, Otha Anders, 73, started collecting pennies 45 years ago when he spotted one on the ground. Seventy Five Gallons The two men could only redeem their preferred coins with an exchange; Anders got a penny for a nickel and vice versa. Who would have thought a penny a day could someday bring you $5k! Author: Frededreia Willis. Guy Who Saved Pennies For 45 Years Just Cashed Out. He started collecting pennies in the early 1970's. He would just find them and save them. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. Otha Anders had been collecting pennies for more than 4 decades and had always put his faith in them as he was a religious man. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. That is a lot of pennies. News-Star. How many are there?, she asked. After that first coin, Anders said his penny pile began to grow and he ultimately stopped spending pennies and always made sure whenever he made a purchase, his change contained at least three to four pennies. "Our exchange became competitive by each trying to outdo the other and consequently our collections; his nickels, my pennies began to multiply," he said. That was the goal, but I couldnt stop. That led to a huge collection, stored in 15 five-gallon, plastic water jugs, adding up to about half a million pennies, which ultimately converted to $5,136.14. Then all day long, you'll have good luck." And his "luck" came in the shape of a cool five grand. In the end, Anders was always fair about how he came across his pretty pennies. Part of HuffPost News. Man cashes in pennies he's been saving for 45 years. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. Thats especially true when it comes to coins but only certain kinds of coins. It was a problem that left him devastated. The total came out to a whopping $5,136. He approached the questionable expression behind the desk and asked them to cash his pennies in. The trolley wheels squeaked as he walked into the bank. Disclaimer: All content is provided for fun and entertainment purposes only. His quirky hobby turned out to be a brilliant reminder of how much little things matter. Anders' coin collecting habit started when he found a penny on the street decades ago. (Fox 14). At the end of the labor intensive counting, the bank informed Otha he had saved a total of $5,136.14 all those 45 years! You've successfully subscribed to this newsletter! Anders collected pennies, not as a sign of greed but as a symbol of faith that he was being looked after by the man upstairs, the universe, the penny gods, or whatever you might believe in! Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. An error in the coin made it extremely valuable, and its value could only keep growing over time. "We value his business, as we do all of our customers," she said. Anders new home insurance didnt cover his penny collection, so he reluctantly decided it was time to visit the bank and cash in his most prized possession. The plastic jugs were hacked open by an ax and hammer. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. Hed been saving pennies he found on the street for 45 long years. Once the first penny was saved, there was no stopping Anders from growing his collection to become the record-breaker that it was in 2015. These cookies ensure basic functionalities and security features of the website, anonymously. They remind him to stay thankful, he says. He watched suspended kids and loved his job. This material may not be published, broadcast, rewritten, or redistributed. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. I never allowed anyone, not even my wife nor children, to give me pennies without being compensated, Anders told the site. Otha Anders cashed in his giant penny collection. It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. In total, then, Anders had collected 513,614 pennies in 45 years, or 16,425 days. "But if we can help Anders with his endeavors, we are happy to do so.". "I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful," said Anders. We value his business, as we do all of our customers, she said. He couldnt believe it. Its shocking, for sure, he told ABC News. "I would never spend a penny,"he said. According to the . Legal Statement. NEW YORK (CNN/Money) - Benjamin Franklin once said a penny saved is a penny earned, but he probably didn't think of saving over a million of them. Everyone was staring at him.She looked at him in disbelief. For anyone whos trying to work it out, thats $114.14 a year, Anders was able to collect by picking up dirty old pennies left forgotten on the side of a street. But now, he was about to find out. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. . Employees gathered to see the first five-gallon container being counted. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. This 73-Year-Old Man Has Collected Pennies For 45 Years And Now He's Cashing Out For 45 years, Otha Anders saved his pennies. I would never spend a penny, he said. Otha Anders saved his first penny more than 45 years ago when he found it on the ground. There were simply too many to count so Anders could only guess that his collection contained hundreds of thousands of pennies but really, he had no idea. Coins made of base metals, such as aluminum, have very little worth. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. After 45 years of saving, Anders was able to put the money to good use and spend it on a dental bill that had just been issued to him. The final amount was certainly not small. Anders sheepishly laughed with her before pleading with her again. It'll go toward a recent dental bill, the Ruston Daily Leader reported. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. He cashed in the coins to the Ruston Origin Bank, in Ruston, La. An error in the coin made it extremely valuable, and its value could only keep growing over time. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. He also started making more and decisions that would give him more pennies. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs.There were simply too many to count so Anders could only guess that his collection contained hundreds of thousands of pennies but really, he had no idea. The cookie is used to store the user consent for the cookies in the category "Analytics". And as he got older his connection to god only felt stronger for it. If I would see a penny when Im gassing up, on the ground, or in a store, it would be a reminder to stop right there and say a prayer, he said. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, the 73-year-old told the news site. But what was he going to do with his saved money? It was by far the most exciting thing that had happened at the bank in a while! He took . Asian-American Affairs Reporter, HuffPost. It takes four quarters, 10 dimes, 50 nickels, or 100 pennies to equal a dollar. Any penny he receives as change or anything he finds in his walks, he puts inside the 5-gallon water jugs. Anders said he would be truly remiss if he did not acknowledge his friend, Jack 'Domino Kid' Brown, for helping him with his penny collection. It must have been fun watching the water jugs get filled with so much pennies because Otha decided to continue doing it for the years to come. Shop sales in every category.Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. To Anders, 73, the pennies represent more than a nice pay day. Analytical cookies are used to understand how visitors interact with the website. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. The 73-year-old's homeowner's insurance didn't cover his collection, he told ABC News, that although he long ago surpassed his goal of filling five 5-gallon water jugs with coins, he found himself unable to stop collecting. "He did likewise with pennies for me.". "Our exchange became competitive by each trying to outdo the other and consequently our collections; his nickels, my pennies began to multiply," he added. I would break a dollar before giving up a penny.. Anders is a beautiful example of how all of us can learn to be thankful for the small things. One man, Otha Anders, is one of the rare exceptions in this regard because he's picked up every penny that he has ever come across for the last 45 years! Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. It wasn't easy to transport these jugs to the bank, especially as the total weight was more than 2,800 pounds. "I wanted the inner satisfaction that God and I acquired this collection.". It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. "If I would see a penny when on the ground, in the hallway, on the floor, or anywhere, I would automatically and invariably a prayer of thanks and I'd say, well this is God's way of reminding me that I should always be thankful," he told reporters. Otha Anders had been collecting pennies for more than 4 decades and had always put his faith in them as he was a religious man. He probably would have kept his obsession up if he hadnt figured out some when he had to renew his home affairs. into his account to go toward a recent dental bill. Otha Ander was a supervisor on the Jackson School Board and was passionate about his job. 24/7 coverage of breaking news and live events. This is a staggering number! Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. "We value his business, as we do all of our customers," he said. But opting out of some of these cookies may affect your browsing experience. I would guesstimate about 400-500,000 pennies?. But when they finally did, the actual amount Anders had saved all these years was incredible!When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. There were simply too many to count so Anders could only guess that his collection contained hundreds of thousands of pennies but really, he had no idea. It was actually his religion that started the penny collecting. "I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful," said Anders, 73. Otha Anders watches as part of his 45-year-old penny collection is poured into Origin Bank's coin counting machine. To him, it was a small and simple quirky habit but over time, it didn't look so small anymore. Most of us eventually find a way to incorporate our nickels and quarters into our shopping sprees but pennies? They seem somewhat worthless, save for the moments when we find pennies on the ground that promise us a day filled with luck. La. He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. The coin reminded him to pray and give thanks. We also use third-party cookies that help us analyze and understand how you use this website. While he was working as a supervisor for in-school suspended children for the Jackson School Board, students found out about Anders quirk and began to save pennies to sell to him. . It is said that the world works in mysterious ways, and for Otha Anders and the result of his penny collection, that motto is certainly true ! But when they finally did, the actual amount Anders had saved all these years was incredible! (MyFoxBoston.com) -- Many people save spare change to cash in during rough financial times. A few people have the profitable habit of collecting coins over a long period of time and cashing them in for good money at the end. Anders got in touch with the bank about a week ago to let them know he was bringing in a large amount of pennies, but senior vice president Ryan Kilpatrick told ABC News that nothing really prepares you for seeing fifteen 5-gallon jugs of copper rolled into your bank. But what was he going to do with his saved money? "But if we can help Anders with his endeavors, we are happy to do so.". Senior vice president of the Origin Bank in Ruston, Louisiana, Ryan Kilpatrick said that they were not prepared for such a huge amount to come rolling through their bank. Believe me, if I had it my way, Id keep these pennies forever. Ruston resident Otha Anders started saving his first penny more than 45 years ago when he found it on the ground. This small event set the path for over four decades of Anders looking out for pennies, be it whatever he may have found on the ground or collecting all the pennies after a trip to the grocers. Their eyes popped as they took in the sight of the sheer amount of pennies. Updated: 8:46 AM EDT October 28, 2015 . By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! He also stopped spending pennies on purchases, preferring instead to put them in emptywater jugs, the Star reports. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. "I became convinced that. Youtube / Kray K NewsAnders saved up an incredible $5,136.14 through collecting pennies for 45 years.For anyone who's trying to work it out, that's $114.14 a year, Anders was able to collect by picking up dirty old pennies left forgotten on the side of a street. But he still had some cash left over which he put towards a family trip and church donations. October 29, 2015 By Coin Update 13 Comments. He never knew just how much money he would make. This cookie is set by GDPR Cookie Consent plugin. You also have the option to opt-out of these cookies. Photo credit: United News International / YouTube. Who would have thought a penny a day could someday bring you $5k! Cool, isnt it? Which side of value did they fall under? Anders collected pennies, not as a sign of greed but as a symbol of faith that he was being looked after by the man upstairs, the universe, the penny gods, or whatever you might believe in! I will always tell the person that if it was a quarter, I would give it back, but since it is a penny, Im keeping it., Black News and Black Views with a Whole Lotta Attitude. But what about Anders coins? "I will always tell the person that if it was a quarter, I would give it back, but since it is a penny, Im keeping it." If I was at someones house and I found a penny, I would pick it up and I would keep it, he said. There have been days where I failed to pray, and more often than not, a lost or dropped penny would show up to remind me.. It seems like Anders steady patience and consistent well-wishing has paid off for him. But why? That first penny, he told the Star, reminded him that life is a gift from God. -- A Louisiana man recently cashed in hundreds of thousands of saved pennies, rolling them to the bank on a dolly after collecting them for more than four decades. The coin reminded him to pray and give thanks. Wow. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. The cookie is used to store the user consent for the cookies in the category "Performance". However, Anders always made sure that every penny that came his way from others was compensated properly. "I would never spend a penny," he said. But if we can help Anders with his endeavors, we are happy to do so.. NEW YORK DAILY . This meant that he soon had more pennies than he knew what to do with. It eventually became so much of a hobby that he would deliberately avoid ever spending pennies. What if you collected pennies as a hobby? I wanted to fill five five-gallon water jugs. Anders kept his pennies in five-gallon plastic jugs. Anders had put all the pennies he found into water jugs. I know its a crazy amount but this is a dear collection of mine that I need to cash out. And you think we have the time to count half a million pennies for you? she laughed. This means that on an average day, he had collected around 31 pennies. "Whenever I would see a penny, I would always say a prayer of thanks. Although Anders collection contains mostly modern pennies, its crazy to think that if he held onto those coins long enough, theyd soon bring him a fortune as big as a million dollars! Then he took his jugs to a bank in Ruston, Louisiana to cash them in. He explained, I wanted the inner satisfaction that God and I acquired this collection., If I was at someones house and I found a penny, I would pick it up and I would keep it, I will always tell the person that if it was a quarter, I would give it back, but since it is a penny, Im keeping it. Soon his collection reached a full fifteen of them! When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. RUSTON, La. Its shocking, for sure, he said. Ultimately, Anders went out of his way to stop spending pennies and made sure that after every purchase, his change contained at least 3 to 4 pennies. Anders had no idea how much money his collection would amount to. Anders was able to put his money to good use and spend it on a dental bill that had just been issued to him.It was a happy coincidence that he found himself with more money just as an expensive bill landed in his lap. Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? It does not store any personal data. Since then, Anders had been piling up the pennies, refusing to spend them and always making sure that whenever he bought something, his change had three or four pennies in it. However, thats not true for all coins. Anders says he plans to use the cash to help pay a dental bill. By Laurie Hanna. Share away, people! 2023 FOX Television Stations, from WED 8:00 PM PST until THU 10:00 AM PST, Willapa Hills, from THU 4:00 AM PST until FRI 4:00 AM PST, West Slopes North Central Cascades and Passes, from THU 4:00 AM PST until FRI 10:00 AM PST, West Slopes North Cascades and Passes, from THU 4:00 AM PST until FRI 4:00 AM PST, East Slopes of the Washington Cascades, from THU 12:00 AM PST until THU 1:00 PM PST, Lower Columbia and I - 5 Corridor in Cowlitz County, from THU 4:00 AM PST until THU 10:00 PM PST, West Slopes South Central Cascades and Passes, from WED 11:00 PM PST until THU 8:00 AM PST, Western Whatcom County, Western Skagit County, Admiralty Inlet Area, FOX13 News | Seattle & Western Washington | Formerly Q13 News, Idaho murders: Bryan Kohberger leaks a 'huge issue' with 'potential to compromise' prosecution, lawyer warns, Idaho student murders suspect Bryan Kohberger could face death by firing squad under proposed law if convicted, Deputies: Theft suspect caught after GPS tracker hidden in stolen items, I didnt realize: Woman mistakenly eats heart-shaped chip that could have won her 100K, Armed suspects impersonate federal officers, rob elderly woman in Pierce County home, 'I wanted to be the best teammate'; First woman appointed as fire chief in King County, West Virginia governor signs new carry bill, allowing for guns on public college, university campuses, Prince Harry and wife Meghan asked to vacate royal home in UK. By Christie. Though he reached out to the bank to notify them about the pennies, the bank's senior vice president Ryan Kilpatrick told the outlet he was shocked at the actual number. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. With all the pennies this guy had, he must've been very, very lucky. This cookie is set by GDPR Cookie Consent plugin. "Anders will inform us on where he wants the cashed-in money to be placed," she said. Where many people think of wishing on a penny, Otha Anders thinks of praying on a penny! The woman stared at him in shock. It was actually his religion that started the penny collecting. A Louisiana man who collected pennies for almost half a century finally cashed in Tuesday. I would say hes done a lot of collecting over the years., Vice President Jennie Cole also said that Anders was a long-time customer whom they wanted to help. A Maryland Dumping Site Was Actually A Black Cemetery. October 28, 2015 at 10:29 pm EDT. Man saves coins for 45 years, cashes in over $5,000 in pennies. While he only deposited them when he found. — -- Otha Anders is a true believer in the phrase a pretty penny. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. The hobby turned into an obsession that would consume a lot more of his free time than what his wife like. He watched over in-school suspended children and absolutely loved his job. And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. Nancy Bergeron/Ruston Daily Leader Our content is created to the best of our knowledge, yet it is of general nature and cannot in any way substitute an individual consultation by your doctor. He had saved pennies for most of his life a whole 45 years. Back in 2015, he had to finally cash them in because his homeowner's insurance policy no longer covered his pennies, and he needed some extra cash. This website uses cookies to improve your experience while you navigate through the website. But after collecting the one cent pieces for 45 years, you could have amassed a . How many?, the woman asked. 73-year-old Otha Anders worked as a supervisor on the Jackson School Board. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". You know you see pennies all over. It escalated from there. But once his penny pile began to grow, he became more and more obsessed.So compelling was his idea that penny's represented a god-given gift that he ultimately decided to stop spending pennies himself. Otha Anders cashed in his giant penny collection. The final count: 513,614 pennies, which comes to a little over $5,136, Fox 14 reports. Not many people think too much of a penny it is just one cent. This material may not be published, broadcast, rewritten, or redistributed. The counting and processing of the coins took a total of about five hours, according to the News-Star. RUSTON, La. The man who collected coins for 45 years took it to the bank with a truck and counted how much money he managed to collect during this time. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. Otha Anders saved his first penny more than 45 years ago when he found it on the ground. How would they be able to count all these pennies? Not many people think too much of a penny - it is just one cent. Every penny he had, he kept. Change for the better: Man cashes in 45-year penny collection worth $5,000. Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. "I would break a dollar before giving up a penny". If I hadnt turned them in yesterday, I was not going to stop.. Anders said he started collecting the coins in the late-1960s. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. We may earn a commission from links on this page. "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. It took five hours to count the pennies; the plastic jugs were hacked open and then the coins were poured into the coin machine bit by bit. I wanted the inner satisfaction that God and I acquired this collection.. The same with coins that hold an error. Bank Vice President Jennie Cole told reporters that it was not a typical day at the bank when Anders rolled in with his collection of pennies on a dolly.Im not sure exactly, Anders said. Even though one particular hobby of his raised a few eyebrows. Powered and implemented by FactSet Digital Solutions. The extra bonus of income came just in time for him to pay a medical bill.It is said that the world works in mysterious ways, and for Otha Anders and the result of his penny collection, that motto is certainly true! Anders wasa supervisor for in-school suspended children for the Jackson School Board in Louisiana, and when his students found out about his habit of collecting pennies, they would save up their money to sell to him. The News-Star reports that employees at Ruston . I know its a crazy amount but this is a dear collection of mine that I need to cash out. Coins made of base metals, such as aluminum, have very little worth. How many?, the woman asked. And as he got older his connection to god only felt stronger for it. But Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. It squeaked and squawked as the wheels turned in pursuit. Do Not Sell or Share My Personal Information. After over 5 hours of counting and processing pennies in a machine at the bank, Anders had a total of$5,136.14 worth of pennies. Copyright 2012-2023 Social Sweethearts GmbH. It has long been said that time is the most valuable commodity. A Louisiana man who collected pennies for more than 45 years has now cashed in 513,614 of them. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. It was by far the most exciting thing that had happened at the bank in a while!The plastic jugs were hacked open by an ax and hammer.

How Do I Track My Postmates Order, Mark Mccorkle Obituary, Articles M