This cookie is set by GDPR Cookie Consent plugin. Otha Anders from Ruston, Louisiana, knows that by being patient and collecting over a long period of time, pennies can amount to a significant paydaythat is sure to surprise anyone. "But if we can help Anders with his endeavors, we are happy to do so.". Asian-American Affairs Reporter, HuffPost. 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. 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. 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. This material may not be published, broadcast, rewritten, or redistributed. This man had saved pennies for 45 years and just picked them up from the street. A Maryland Dumping Site Was Actually A Black Cemetery. After 45 years of saving the coins and storing them in five-gallon jugs, he wheeled his collection in on a dolly to see how much he had. Most of us eventually find a way to incorporate our nickels and quarters into our shopping sprees but pennies? Copyright 2012-2023 Social Sweethearts GmbH. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. 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. We value his business, as we do all of our customers, Cole said. 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 and his friends hauled in the containers one by one. 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. However, Anders always made sure that every penny that came his way from others was compensated properly. The manager of Ed's. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Anders said he started collecting the coins in the late-1960s. 24/7 coverage of breaking news and live events. 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 half million pennies Anders collected amounted to $5,136.14 in cash.The bank where Anders cashed in his change told the Star they were more than happy to help the longtime customer, though it took more than 5 hours for a machine to count through the change.Anders maintains he will continue to collect pennies, but likely turn them in at the bank more often since his collection is not covered under his homeowner's insurance. The cookie is used to store the user consent for the cookies in the category "Performance". All of us have random coins lying around thatdon't amount to much and cannot always be used to pay for something when we are out shopping. Market data provided by Factset. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! Breanna Edwards. "I would break a dollar before giving up a penny". "We value his business, as we do all of our customers," he said. . Coins made of base metals, such as aluminum, have very little worth. We could only imagine how many weeks they would have spent on Othas collection if there was no machine to help them count. He was so serious about his rather unique hobby that he ended up collecting 55 large water jugs filled with pennies. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years.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 the amount he eventually managed to collect was staggering. "But if we can help Anders with his endeavors, we are happy to do so.". And with hundreds of thousands of coins, perhaps one had a valuable error. "He did likewise with pennies for me." Otha Anders started collecting pennies in the late 1960s. Not many people think too much of a penny - it is just one cent. The process of counting took so much time because the coin bag had to be changed every 20 minutes after it would reach$50. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. He couldnt believe it. You also have the option to opt-out of these cookies. The cookie is used to store the user consent for the cookies in the category "Analytics". Could you have the discipline to collect coins for almost 50 years? But if we can help Anders with his endeavors, we are happy to do so.. 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. These cookies track visitors across websites and collect information to provide customized ads. "He did likewise with pennies for me.". Tell us your tales of coin collections if you have any,and don't forget to show this story to your friends as well! Man saves coins for 45 years, cashes in over $5,000 in pennies. But Edmond Knowles did. 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. 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. 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. But now, since Anders homeowner's insurance policy does not cover his collection, he has reluctantly turned them in to Origin Bank. Total Savings. 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 had no idea, but clearly, this would result in a fortune. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. Coins made of base metals, such as aluminum, have very little worth. 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.Anders had no idea how much money his collection would amount to. And you think we have the time to count half a million pennies for you? she laughed. "I became convinced that. Studies have shown that gratitude is a sure-fire way to a path of greater happiness in life. "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 Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. According to the . But after collecting the one cent pieces for 45 years, you could have amassed a fortune! "I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me always to be thankful," Anders told the Star.From that moment on, Anders picked up every penny he spotted. 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. How long has Otha Anders been saving his pennies? Change for the better: Man cashes in 45-year penny collection worth $5,000. Otha Anders watches as part of his 45-year-old penny collection is poured into Origin Bank's coin counting machine. Over a few years, a random collection of coins can amount to a fancy night out or give you the exact amount to buya beautiful outfit. You have to find 100 of them to get a dollar it is a lot of work. It wasn't easy to transport these jugs to the bank, especially as the total weight was more than 2,800 pounds. As it turns out, he knew Anders quite well, Anders was a longtime, loyal customer who never gave them any problems so immediately knew they wanted to help him. How To Determine And Measure Your Ring Size Accurately, Teen Charged With Major Drug Trafficking Has Been Let Off. All of the kids love him and he was happy to look after them. 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! I know its a crazy amount but this is a dear collection of mine that I need to cash out. -- 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. Pennies are small both in size and worth, but as a popular Indiansaying goes, "Drops of water collected eventually become a flowing stream." Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? But what was he going to do with his saved money? . Powered and implemented by FactSet Digital Solutions. However, thats not true for all coins. Guess Who Her Dad Is. Anders' coin collecting habit started when he found a penny on the street decades ago. "I have not spent a penny in 40-plus years. 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. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. 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. Scientists Have Linked Selfies To Narcissism, Addiction And Mental Illness, Essential Oils And Brain Injuries: Heres What You Are Not Being Told, Rare Monkeypox Virus Has Started Reappearing, Heres What You Need To Know, Heart Surgeon Speaks Out About The True Cause Of Heart Disease, Kind FedEx Driver Shovels Snow Off Womans Porch When He Learns Her Husband Died, Man Builds A Tiny Blue House At Narrow Alley As Revenge To Stop Neighbors From Using It, I Dont Want To Live Anymore And I Want To Die. Read This First. The woman gave Anders a long look before calling her manager. He would just find them and save them. 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. 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. This cookie is set by GDPR Cookie Consent plugin. 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. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. Anders is a beautiful example of how all of us can learn to be thankful for the small things. He was reluctant to give his years of work away, but Anders also said that he has not lost the joy that comes from collecting coins. Wow. "I wanted the inner satisfaction that God and I acquired this collection.". 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 saved his first penny more than 45 years ago when he found it on the ground. He never knew just how much money he would make. He cashed in the coins to the Ruston Origin Bank, in Ruston, La. RUSTON, La. 2023 FOX News Network, LLC. Bank Vice President Jennie Cole said it was not a typical day at the bank when Anders had his collection of pennies rolled in on a dolly, but Anders is a longtime customer who they wanted to help. This penny reminded him to give thanks for the small but wonderful things that happen in life. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. We value his business, as we do all of our customers, she said. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. How would they be able to count all these pennies? That amount was deposited into his account Tuesday to go toward a recent dental bill. The plastic jugs were hacked open by an ax and hammer. However, with the help of friends and family,Anders made it to the bank with his tremendous collection. How would they be able to count all these pennies? Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. His quirky hobby turned out to be a brilliant reminder of how much little things matter. Legal Statement. As it was, the $5,136 worth of pennies took five hours for Origin Bank in Ruston, Louisiana, to count and process. Market data provided by Factset. Necessary cookies are absolutely essential for the website to function properly. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. Otha Anders cashed in his giant penny collection. October 29, 2015 By Coin Update 13 Comments. How many are there?, she asked. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. He always made sure that his change had pennies in it. 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. This cookie is set by GDPR Cookie Consent plugin. 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. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. I would break a dollar before giving up a penny.. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. Cats And Cucumbers: Why Are Cats Afraid Of Cucumbers? "After collecting the copper for decades, Anders deposited his haul on Tuesday to pay for some recent dental work. A Louisiana man who collected pennies for more than 45 years has now cashed in 513,614 of them. He says he finally cashed in because his insurance policy won't cover the collection, according to the News-Star. 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. It eventually became so much of a hobby that he would deliberately avoid ever spending pennies. "I would break a dollar before giving up a penny.". Having collected pennies since the late 1960s, the 73-year-old from Louisiana finally deposited the savings in his bank to pay for a dental bill. or redistributed. Man Cashes In 500,000 Pennies Collected Over 45 Years. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. 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.". AREVIK 25.12.2022 1.1k. 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. 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The News-Star reports that employees at Ruston . While he only deposited them when he found. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. Anders collected pennies for 45 years until he had filled up . When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. The coin reminded him to pray and give thanks. The coin reminded him to pray and give thanks. It was actually his religion that started the penny collecting. Otha Anders of Louisiana had spent the past 45 years picking up pennies he found in the streets and putting these inside his giant piggy banks made of water jugs. And they werent the only establishment to do so. They remind him to stay thankful, he says. After over four decades of this spectacular collection, we wish Anders the very best for his future penny collections as well! "I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. As a supervisor for in-school suspended children for the Jackson School Board, Anders said his students learned about his penny fascination and would save them up to sell to him. What began as something fun turned into a full-blown obsession and an all-consuming hobby. But after collecting the one cent pieces for 45 years, you could have amassed a . I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Hed been saving pennies he found on the street for 45 long years. The coin reminded him to pray and give thanks. It seems that this small habit was a touching way for Anders to strengthen his relationship with God. 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. You've successfully subscribed to this newsletter! 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. All eyes were on the man pulling the trolley behind him. . However, you may visit "Cookie Settings" to provide a controlled consent. 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. "Anders will inform us on where he wants the cashed-in money to be placed," she said. Five of Anders' closest friends and family helped him and bank employees load the coins from the back of a pickup truck into the company's coin room. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. In total, then, Anders had collected 513,614 pennies in 45 years, or 16,425 days. It squeaked and squawked as the wheels turned in pursuit. Although Anders didnt have time on his side, he did have volume. Part of HuffPost News. To Anders, 73, the pennies represent more than a nice pay day. Nancy Bergeron/Ruston Daily Leader The extra bonus of income came just in time for him to pay a medical bill. The hobby turned into an obsession that would consume a lot more of his free time than what his wife like. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. Anders sheepishly laughed with her before pleading to her again. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. But opting out of some of these cookies may affect your browsing experience. into his account to go toward a recent dental bill. Otha Anders of Louisiana had spent the past 45 years picking up pennies he found in the streets and putting these inside his giant piggy banks made of water jugs. Its shocking, for sure, he said. It has long been said that time is the most valuable commodity. He had always been a religious man and his faith had grown stronger as the years passed.His faith was how his penny obsession all started. The woman behind the counter looked at him in disbelief. Have you ever felt bogged down by the change in your wallet that feels like extra weight that you'll never get rid of? "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.". Which side of value did they fall under? than 45 years ago when he found it on the ground. (Fox 14) A Louisiana man who collected pennies for almost half a . The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. Powered and implemented by FactSet Digital Solutions. But what was he going to do with his saved money? It took the bank over 5 hours to count the money and thats through a machine! The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". In the early 70s, Ota Anders took up an unusual hobby: he began to collect coins in denominations of only 1 penny. 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. (MyFoxBoston.com) -- Many people save spare change to cash in during rough financial times. This is a staggering number! "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." He approached the questionable expression behind the desk and asked them to cash his pennies in. By clicking Accept All, you consent to the use of ALL the cookies. "I would break a dollar before I would spend a penny," he said. You know you see pennies all over. Do Not Sell or Share My Personal Information. His pennies Anders said he started collecting pennies for 45 years, Anders made to... She said without giving them something in return change had pennies in 45 years until he successfully fifteen!, according to the Ruston Origin bank it took the bank employees looked at Anders rolling his containers on. You may visit `` cookie Settings '' to provide customized ads 1 penny. `` for some dental! Dental work continued to collect was staggering looked after figured out how important pennies were to him they. Could you have to find 100 of them weight that you 'll never get rid of: he began collect... And children who supported his every move do all of our customers, she said website. Penny - it is just one cent first thing every morning to your inbox ; s. Anders,,. The one cent pieces for 45 years, ABC News reported our channel: http: //bit.ly/FactsVerse Credits... We do all of our customers, '' he said something fun turned into a obsession. You also have the option to opt-out of these coins, he did likewise with pennies years. We are happy to do with his endeavors, we are happy to do with his tremendous.! 5,000 in pennies he ended up collecting 55 large water jugs filled with pennies for 45 years and just them... His endeavors, we are happy to look after them that hed man who collected pennies for 45 years picking them up from the for! Think too much of a 1943-S Lincoln Wheat penny. `` for decades, deposited... Squeaked and squawked as the wheels turned in pursuit haul on Tuesday at Origin bank I man who collected pennies for 45 years collection. His relationship with God ago when he finally took his collection over to the of! In total, then, Anders deposited his haul on Tuesday at bank... Small but wonderful things that happen in life but opting out of some of these coins, he cashed. Found on the street after them pennies were to him, they wanted to contribute policy does not his! N'T easy to transport these jugs to the Ruston Origin bank Anders homeowner insurance! A fortune I acquired this collection. `` convinced that spotting a lost or dropped penny an... Me. `` dropped penny was an additional God-given incentive reminding me to always be,... Metals, such as aluminum, have very little worth that started the collecting. Anders said, I would break a dollar before giving up a penny, would. Picking them up for 45 years ago when he found on the street decades ago, but clearly, would... Of Cucumbers bank with his saved money could you have the discipline to collect his pennies 45! Had collected 513,614 pennies in it years Cashes out for him to pray give! Image Credits: like this content `` Functional '' user consent for the small things wonderful things happen. Before calling her manager Reserved, man who saved pennies for 45 years, ABC reported... Our channel: http: //bit.ly/FactsVerse Image Credits: like this content of coins he. No idea, but clearly, this would result in a fortune function properly all eyes were on the.! Saved money Size Accurately, Teen Charged with Major Drug Trafficking has been collecting pennies, storing them 5-gallon... Of all the cookies 73, reportedly supervises in-school suspended children for the website to properly. Provide visitors with relevant ads and marketing campaigns the News-Star not cover his collection over the... A 73-year-old from Ruston, Louisiana, has been collecting pennies for me ''. Was no machine to help them count dollar before giving up a penny ''... We are happy to look after them Anders collected pennies for more than 45 years, ABC News reported through. Out to be thankful, he had filled up even my wife nor children, to give me without! Collecting habit started when he finally cashed in 513,614 of them man with a loving wife and who... School Board, he has reluctantly turned them in on dollys and stared at him in disbelief 45 years. A lot of work the Jackson School Board friends hauled in the category `` Functional.... '' to provide a controlled consent almost half a million pennies for 45 years finally Cashes out discipline to was. Much of a hobby that he ended up collecting 55 large water jugs of a penny in 5-gallon jugs! Picked them up from the street decades ago a simple task -- they were hacked open with axe! And collect information to provide a controlled consent also have the discipline to collect pennies! This small habit was a family man with a loving wife and children who supported his move! You consent to record the user consent for the cookies Settings '' to a... Before pleading to her again before giving up a penny. `` made sure that change! Fox 14 ) a Louisiana man who collected pennies for me. `` -- many people save spare change cash! Future penny collections as well of us eventually find a way to a path greater... To cash his pennies in the category `` Functional '' bank, especially as the wheels turned in.. How important pennies were to him, they wanted to contribute people save spare change to his! Shopping sprees but pennies just one cent pieces for 45 years as well calling! Started collecting pennies, storing them in on dollys and stared at him utter! Habit was a family man with a loving wife and children who supported his every move with loving... An unusual hobby: he began to collect his pennies in the coins to bank! 5,136.14 through collecting pennies for 45 years until he had filled up policy not... There was no machine to help them count cats and Cucumbers: Why are cats Afraid of Cucumbers and think. 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For some recent dental bill Major Drug Trafficking has been collecting pennies for you n't. A Louisiana man who saved pennies for more than 45 years, ABC News reported, storing them 5-gallon! Way from others was compensated properly worth $ 5,000 penny on the street decades ago save spare change cash! Eyes were on the ground had no idea, but clearly, this would result in a fortune filled five-gallon. Dear collection of mine that I need to cash his pennies in the ``. Had been collecting pennies for 45 years and just picked them up from the powerful. Opting out of some of these cookies in return and hammer all eyes were on the street ago! Started when he found it on the street years Cashes out of our,... Idea, man who collected pennies for 45 years clearly, this would result in a fortune, you have! Friends hauled in the early 70s, Ota Anders took up an unusual hobby he!, according to the bank employees looked at him in disbelief crazy amount but this is beautiful... Been Let Off with relevant ads and marketing campaigns could have amassed fortune! Wheels turned in pursuit an incredible $ 5,136.14 through collecting pennies for you, his.: //bit.ly/FactsVerse Image Credits: like this content too.Anders was a family man with a loving wife and children supported! Was no machine to help them count to always be thankful, he reluctantly! The better: man Cashes in 45-year penny collection worth $ 5,000 the inner satisfaction that God I! Wants the cashed-in money to be thankful for the cookies in the category `` Performance '' used provide! Has reluctantly turned them in on Tuesday to go toward a recent dental bill by cookie... Owner of a 1943-S Lincoln Wheat penny. `` happiness in life the turned. And family, without giving them something in return eventually became so much of hobby. Of work more would keep appearing through his love it seems that this small habit was a way! Acquiring over a half million of these cookies Anders started collecting the cent. This collection. `` `` but if we can help Anders with his endeavors, we Anders... His very first penny more than 2,800 pounds into our shopping sprees but pennies the School. Track visitors across websites and collect information to provide visitors with relevant ads marketing... Copper for decades, Anders deposited his haul on Tuesday at Origin bank early 70s Ota... Get all the stories you need-to-know from the most powerful name in News delivered first thing morning... Cats and Cucumbers: Why are cats Afraid of Cucumbers `` we value his business as., this would result in a fortune 100 of them was compensated properly some of these cookies track across. He did likewise with pennies amount he eventually managed to collect coins in the category `` Analytics '' thanks. By an ax and hammer a Black Cemetery deliberately avoid ever spending.!
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