The 73-year-old had a family of his own. 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. He felt that every penny he found was a gift from God, but he had no idea that he would find many more gifts throughout his life. All of his friends and family got so used to him behaving this way around pennys that they didn't even see it as odd anymore. "I wanted the inner satisfaction that God and I acquired this collection.". In all, Anders had collected enough pennies to earn him over $5,000! For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. 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. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. That first penny, he told the Star, reminded him that life is a gift from God. The cookie is used to store the user consent for the cookies in the category "Performance". Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. The cookie is used to store the user consent for the cookies in the category "Other. 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. Analytical cookies are used to understand how visitors interact with the website. "Our exchange became competitive by each trying to outdo the other and consequently our collections; his nickels, my pennies began to multiply," he said. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. Otha Ander was a supervisor on the Jackson School Board and was passionate about his job. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. The woman stared at him in disbelief. He also started making more and decisions that would give him more pennies. When the 77 year old man from Louisiana was asked what motivated him, he said that finding a penny on the ground was akin to a sign from God, reminding him that he should always be thankful. Guess Who Her Dad Is. "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.". 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. To get the pennies to the Ruston Origina Bank in Ruston, LA, Anders needed help.He ended up getting a couple of his friends to help move the five-gallon jugs full of pennies into his truck and then into the bank. The counting and processing of the coins took a total of about five hours, according to the News-Star. "We value his business, as we do all of our customers," he said. 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. Otha Anders was a 73-year-old who worked with the Jackson School Board. 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. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. This meant that he soon had more pennies than he knew what to do with. The two men could only redeem their preferred coins with an exchange; Anders got a penny for a nickel and vice versa. -- 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. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. That was the goal, but I couldnt stop. It does not store any personal data. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. Im not sure exactly, Anders said. 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It reportedly took five hours for machines to count all the change. That is a lot of pennies. Thats especially true when it comes to coins but only certain kinds of coins. He was so serious about his rather unique hobby that he ended up collecting 55 large water jugs filled with pennies. The plastic jugs were hacked open by an ax and hammer. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Then, one day, he decided to turn in the loose change. 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. Seventy Five Gallons Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? The Louisiana teacher loved looking at his massive collection so much that in the 70s, when the U.S. government began to offer a $25 bonus for every $100 worth of pennies turned in, he wasn't even a little tempted to take the extra cash. Anders took his haul to the Ruston Origin Bank. Anders' coin collecting habit started when he found a penny on the street decades ago. Asian-American Affairs Reporter, HuffPost. 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. While that might not really be much if you count the years, it was already a huge sum considering he was just collecting pennies. After all, the magic of life is preserved in the ordinary, everyday things, and it is up to us to find it. Anders sat next to the machine watching his collection go down the counter and the bank workers come in to the change the coin bag every 20 minutes, since the coin machine bags need to be changed after every $50. "I became convinced that. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. In the end, Anders was always fair about how he came across his pretty pennies. How many were in there? The bank manager was rather surprised to see this old man carting in the water jugs filled with money. Little did he know, just how many gifts he was going to receive. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. 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. But after collecting the one cent pieces for 45 years, you could have amassed a fortune! Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. He cashed in the coins to the Ruston Origin Bank, in Ruston, La. AREVIK 25.12.2022 1.1k. Most of us eventually find a way to incorporate our nickels and quarters into our shopping sprees but pennies? Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. Since Anders could have collected a small fortune, he made it a point to have his collection covered under his house insurance, but when he renewed it, they turned him away. 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! It was a problem that left him devastated. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. "If I was at someones house and I found a penny, I would pick it up and I would keep it,"he said. He was a man on a mission, and when his students at school found out about his strange fascination, they wanted to help.Theyd often come to his class with a handful of pennies to give to him but Anders had principles. It took the bank over 5 hours to count the money and thats through a machine! Anders also added that his friend,Jack "Domino Kid" Brown, played a significant part in his penny collection. Louisiana man cashes in penny collection to the tune of $5,000. "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. Man saves coins for 45 years, cashes in over $5,000 in pennies. So he decided it was time to cash in. This man had saved pennies for 45 years and just picked them up from the street. 'Dream big', 'never give up'; Sen. Murray's advice to young girls in the U.S. 'Go back to your country:' Man arrested for hate crime after throwing rocks, using racially-biased comments, WATCH: Surveillance footage shows suspect stealing car with two kids inside, Scientists tap volunteers to save integral species to Puget Sound ecosystem, First woman appointed as fire chief in King County, Egg shortage and high demand creates waitlist for people looking to adopt chickens, Suspect in 3rd and Pine shooting releasing from jail. But when they finally did, the actual amount Anders had saved all these years was incredible! Thats why they had so much value to me., If his homeowners insurance policy hadnt stopped covering the pennies, Anders says there wouldve been no turning back. A Louisiana man who collected pennies for almost half a century finally cashed in Tuesday. Otha Anders cashed in his giant penny collection. Employees gathered to see the first five-gallon container being counted. The News Star reports that thehabit was first ignited when he found a penny lying on the ground. Cool, isnt it? This material may not be published, broadcast, rewritten, or redistributed. He told USA Today, "I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful. By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! "We value his business, as we do all of our customers," she said. All Rights Reserved. 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. 2023 BuzzFeed, Inc. All rights reserved. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. I would say hes done a lot of collecting over the years.. 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. Otha Anders of Ruston, Louisiana, cashed in a quite a collection of pennies at his local bank earlier this week. 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. Otha Anders started collecting pennies in the late 1960s. He started collecting pennies in the early 1970's. He would just find them and save them. 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. It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. "I would break a dollar before giving up a penny. But what was he going to do with his saved money? When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. Photo credit: United News International / YouTube. 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. He walked into the bank, rolling a dolly behind him. Ruston resident Otha Anders started saving his first penny more than 45 years ago when he found it on the ground. or redistributed. All rights reserved. This cookie is set by GDPR Cookie Consent plugin. It wasn't easy to transport these jugs to the bank, especially as the total weight was more than 2,800 pounds. 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 said he has truly enjoyed looking at his penny collection to the extent that in the 1970s, when the U.S. government offered a $25 bonus for every $100 worth of pennies turned in, he refused to cash in his collection. I would break a dollar before giving up a penny.. Mutual Fund and ETF data provided by Refinitiv Lipper. RUSTON, La. "He did likewise with pennies for me.". Change for the better: Man cashes in 45-year penny collection worth $5,000. It was actually his religion that started the penny collecting. Anders worried they would turn him away. If I hadnt turned them in yesterday, I was not going to stop.. These cookies track visitors across websites and collect information to provide customized ads. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. I wanted to fill five five-gallon water jugs. Man cashes in pennies he's been saving for 45 years. NEW YORK DAILY . The coin reminded him to pray and give thanks. 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. This means that on an average day, he had collected around 31 pennies. Cole said a machine counted the coins that saves much time, and Origin Bank's part is to help get the pennies counted, so Anders can get to his destination. October 29, 2015 By Coin Update 13 Comments. 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. It seems like Anders' steady patience and consistent well-wishing has paid off for him. Although Anders didnt have time on his side, he did have volume. I never allowed anyone, not even my wife nor children, to give me pennies without being compensated, Anders told the site. Otha Anders saved 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. 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 would never spend a penny, he said. It seems that this small habit was a touching way for Anders to strengthen his relationship with God. 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 ! Even opening the jugs wasn't a simple task -- they were hacked open with an axe. . An error in the coin made it extremely valuable, and its value could only keep growing over time. These cookies will be stored in your browser only with your consent. Mutual Fund and ETF data provided by Refinitiv Lipper. It was actually his religion that started the penny collecting. A lot of us dont really mind the coins in our pocket, especially the ones with the smallest values but there are those who have proven that even the smallest coins can bring in a lot of cash; although youve got to spend decades to collect a lot to actually give you that much money! He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. But he still had some cash left over which he put towards a family trip and church donations. 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. 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. While he may not be able to amass another collection so large, we are sure that the happiness that comes from the act of collecting the coins will only continue to multiply. It has long been said that time is the most valuable commodity. Legal Statement. Man Cashes in Pennies He Collected for 45 Years, Gets Over $5,000 from Bank, Woman Opens Emergency Exit, Walks on Planes, Girls Facebook Brag Ends Up Costing Her, Pedicab Driver Shot While Trying to Surrender, 91-Year-Old Professor Goes Viral in Online Class. In total, then, Anders had collected 513,614 pennies in 45 years, or 16,425 days. into his account to go toward a recent dental bill. "I would break a dollar before I would spend a penny," he said. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. "We value his business, as we do all of our customers," she said. Coins made of base metals, such as aluminum, have very little worth. "I will always tell the person that if it was a quarter, I would give it back, but since it is a penny, I'm keeping it. Then he took his jugs to a bank in Ruston, Louisiana to cash them in. But now, he was about to find out. However, Anders always made sure that every penny that came his way from others was compensated properly. Believe me, if I had it my way, Id keep these pennies forever.The woman gave Anders a long look before calling her manager. I would guesstimate about half a million pennies?. And as he got older his connection to god only felt stronger for it.
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