man who collected pennies for 45 years

14/03/2023
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It does not store any personal data. This cookie is set by GDPR Cookie Consent plugin. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. The News-Star reports that employees at Ruston . He also stopped spending pennies on purchases, preferring instead to put them in emptywater jugs, the Star reports. You know you see pennies all over. 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. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. "I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. (Fox 14). Anders said he started collecting the coins in the late-1960s. Anders had put all the pennies he found into water jugs. And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. You have to find 100 of them to get a dollar - it is a lot of work. "I would never spend a penny," he said. We value his business, as we do all of our customers, she said. You've successfully subscribed to this newsletter! 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. He also started making more and decisions that would give him more pennies. This meant that he soon had more pennies than he knew what to do with. But the amount he eventually managed to collect was staggering. "I would break a dollar before giving up a penny. Quotes displayed in real-time or delayed by at least 15 minutes. 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. By. That amount was deposited into his account Tuesday to go toward a recent dental bill. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. than 45 years ago when he found it on the ground. Then he took his jugs to a bank in Ruston, Louisiana to cash them in. 73-year-old Otha Anders worked as a supervisor on the Jackson School Board. 2023 FOX News Network, LLC. Recently, he needed some money and thought that he did have some money stashed in his house; although he wasnt sure how much he actually had. 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. Guy Who Saved Pennies For 45 Years Just Cashed Out. 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. 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. We may earn a commission from links on this page. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. 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. He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. 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. "I would break a dollar before giving up a penny.". Cool, isnt it? But he still had some cash left over which he put towards a family trip and church donations. His quirky hobby turned out to be a brilliant reminder of how much little things matter. He started collecting pennies in the early 1970s. And as he got older his connection to god only felt stronger for it. A Maryland Dumping Site Was Actually A Black Cemetery. 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. These cookies ensure basic functionalities and security features of the website, anonymously. 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! However, Anders always made sure that every penny that came his way from others was compensated properly. Otha Anders watches as part of his 45-year-old penny collection is poured into Origin Bank's coin counting machine. 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. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. And they werent the only establishment to do so. 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. However, since his homeowners insurance policy didnt cover the extensive collection, he finally decided to cash in. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. The same with coins that hold an error. And as he got older his connection to god only felt stronger for it. Otha Anders cashed in his giant penny collection. Then, one day, he decided to turn in the loose change. Not many people think too much of a penny - it is just one cent. "But if we can help Anders with his endeavors, we are happy to do so.". Man cashes in pennies he's been saving for 45 years. Seventy Five Gallons Powered and implemented by FactSet Digital Solutions. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. It was a reminder to me to always be thankful," he added. All rights reserved. Otha Anders started collecting pennies in the late 1960s. How long has Otha Anders been saving his pennies? The bank manager was rather surprised to see this old man carting in the water jugs filled with money. Powered and implemented by FactSet Digital Solutions. 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. 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. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. But his wife couldnt help but question one habit that he had had for the last 45 years. 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. It'll go toward a recent dental bill, the Ruston Daily Leader reported. So he decided it was time to cash in. But Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. . Tell us your tales of coin collections if you have any,and don't forget to show this story to your friends as well! However, you may visit "Cookie Settings" to provide a controlled consent. Otha Anders was a 73-year-old who worked with the Jackson School Board. 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. Market data provided by Factset. 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! Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 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. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. But now, he was about to find out. He took it as a sign to pray and give thanks. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. "But if we can help Anders with his endeavors, we are happy to do so.". Anders and his friends hauled in the containers one by one. It all just started that one day when he found a penny in the street; he went on to collect more. 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.". And they werent the only establishment to do so. As the report tells it, Otha Anders started more than 45 years ago when he found a penny on the ground and decided to save it. You have to find 100 of them to get a dollar it is a lot of work. Part of HuffPost News. The plastic jugs had to be opened with an ax and hammer, and the bank was not prepared for such a large collection even though Anders had called a week prior to inform them that he would be coming with a colossal amount of pennies. In all, Anders had collected enough pennies to earn him over $5,000! It may inspire them to start a collection of their own. Otha Anders started collecting pennies because he became "convinced that spotting a lost or dropped penny was an . He watched suspended kids and loved his job. 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. He never knew just how much money he would make. Although Anders didnt have time on his side, he did have volume. "I became convinced that. 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. The total came out to a whopping $5,136. 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. Anders worried they would turn him away. This man had saved pennies for 45 years and just picked them up from the street. Who would have thought a penny a day could someday bring you $5k! Its shocking, for sure, he said. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. But that's not all. The woman behind the counter looked at him in disbelief. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. Anders says he plans to use the cash to help pay a dental bill. Their eyes popped as they took in the sight of the sheer amount of pennies. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. If Anders had it his way, he would have kept his collection and continued to pick up pennies for many years to come but life would throw him a curveball. But what was he going to do with his saved money? He had saved pennies for most of his life a whole 45 years. 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. "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. Your health is important to us. It squeaked and squawked as the wheels turned in pursuit. 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. By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! Analytical cookies are used to understand how visitors interact with the website. "He did likewise with pennies for me." When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. The pennies were then poured into the coin machine with small plastic buckets. Anders was hesitant to finally hand in his collection, which he refused to do back in the 1970s, when the government was offering a $25 bonus for every $100 worth of pennies turned in, the News-Star notes. 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. Do Not Sell or Share My Personal Information. "But if we can help Anders with his endeavors, we are happy to do so.". Its unclear how much his collection weighed, but using the U.S. Mints estimate of 2.5 grams a coin, it might have been around 2,800 pounds. Where many people think of wishing on a penny, Otha Anders thinks of praying on a penny! 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. After over four decades of this spectacular collection, we wish Anders the very best for his future penny collections as well! The cookies is used to store the user consent for the cookies in the category "Necessary". "Whenever I would see a penny, I would always say a prayer of thanks. 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. I wanted the inner satisfaction that God and I acquired this collection.. 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. 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. The 73-year-old has some modest plans to spend his money. The same with coins that hold an error. He explained to the outlet the coins hold meaning for him. But what about Anders coins? This material may not be published, broadcast, rewritten, or redistributed. If I was at someones house and I found a penny, I would pick it up and I would keep it, he said. Anders collected pennies for 45 years until he had filled up . Man Cashes In 500,000 Pennies Collected Over 45 Years. But now, since Anders homeowner's insurance policy does not cover his collection, he has reluctantly turned them in to Origin Bank. It would go towards his recent dental bill, he told theNews Star. He probably would have kept his obsession up if he hadnt figured out some when he had to renew his home affairs. 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. Cats And Cucumbers: Why Are Cats Afraid Of Cucumbers? 24/7 coverage of breaking news and live events. "I wanted the inner satisfaction that God and I acquired this collection.". This cookie is set by GDPR Cookie Consent plugin. "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. 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. Ruston resident Otha Anders started saving his first penny more than 45 years ago when he found it on the ground. 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. They seem somewhat worthless, save for the moments when we find pennies on the ground that promise us a day filled with luck. Anders also added that his friend,Jack "Domino Kid" Brown, played a significant part in his penny collection. I know its a crazy amount but this is a dear collection of mine that I need to cash out. Anders had no idea how much money his collection would amount to. It escalated from there. But when they finally did, the actual amount Anders had saved all these years was incredible! "I would never spend a penny," he told the Star. 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. 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. 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. It seems like Anders' steady patience and consistent well-wishing has paid off for him. 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. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. Thats especially true when it comes to coins but only certain kinds of coins. 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. Copyright 2012-2023 Social Sweethearts GmbH. I would guesstimate about half a million pennies?. Legal Statement. But if we can help Anders with his endeavors, we are happy to do so.. All of the kids love him and he was happy to look after them. Little did he know, just how many gifts he was going to receive. 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. 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! In the 1970s, when the government was offeringa $25 bonus for every $100 worth of pennies turned in, he still refused to cash in his collection, as per USA Today. The cookie is used to store the user consent for the cookies in the category "Performance". Otha Anders, 73, does. The cookie is used to store the user consent for the cookies in the category "Other. By Christie. 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