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 never failed to do that. Your California Privacy Rights/Privacy Policy. And with hundreds of thousands of coins, perhaps one had a valuable error. 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. This just goes to show that the special meaning he had created with his pennies served him through his life, andstrengthening his relationship with God through this collection was worth more than the money he'd make. He looked at lost old pennies on the floor as his very own personal gift from God. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. They were much heavier than youd think, and not to mention, there were fifteen of them! Powered and implemented by FactSet Digital Solutions. It eventually became so much of a hobby that he would deliberately avoid ever spending pennies. "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. Otha Anders was a 73-year-old who worked with the Jackson School Board. Thats especially true when it comes to coins - but - only certain kinds of coins. Anders and his friends hauled in the containers one by one. "If I was at someones house and I found a penny, I would pick it up and I would keep it,"he said. "I would break a dollar before giving up a penny.". These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Their eyes popped as they took in the sight of the sheer amount of pennies. Could you have the discipline to collect coins for almost 50 years? This means that on an average day, he had collected around 31 pennies. But if we can help Anders with his endeavors, we are happy to do so.. This material may not be published, broadcast, rewritten, or redistributed. These cookies track visitors across websites and collect information to provide customized ads. I never allowed anyone, not even my wife nor children, to give me pennies without being compensated. And that he did, he paid them for the pennies they gave him. . The woman stared at him in disbelief. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. Cats And Cucumbers: Why Are Cats Afraid Of Cucumbers? The extra bonus of income came just in time for him to pay a medical bill. Although Anders didnt have time on his side, he did have volume. 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.". I would break a dollar before giving up a penny.. That is a lot of pennies. We value his business, as we do all of our customers, she said. It seems like Anders' steady patience and consistent well-wishing has paid off for him. These cookies ensure basic functionalities and security features of the website, anonymously. Louisiana man cashes in penny collection to the tune of $5,000. Employees gathered to see the first five-gallon container being counted. He approached the questionable expression behind the desk and asked them to cash his pennies in. The counting and processing of the coins took a total of about five hours, according to the News-Star. As it was, the $5,136 worth of pennies took five hours for Origin Bank in Ruston, Louisiana, to count and process. "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. But opting out of some of these cookies may affect your browsing experience. Guess how many pennies were in his 15 5-gallon jugs. 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. He also started making more and decisions that would give him more pennies. 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. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. With all the pennies this guy had, he must've been very, very lucky. Thats especially true when it comes to coins but only certain kinds of coins. It has long been said that time is the most valuable commodity. Anders sheepishly laughed with her before pleading with her again. The bank manager was rather surprised to see this old man carting in the water jugs filled with money. "I would break a dollar before I would spend a penny," he said. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. He took . Your health is important to us. Otha Anders has collected over half a million pennies during the last 45 years. Anders collected pennies for 45 years until he had filled up . "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated,"he told the news outlet. 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. 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. Its shocking, for sure, he told ABC News. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. He never knew just how much money he would make. 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. He had saved pennies for most of his life a whole 45 years. 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. But he still had some cash left over which he put towards a family trip and church donations. 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. Quotes displayed in real-time or delayed by at least 15 minutes. He explained to the outlet the coins hold meaning for him. 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.. NEW YORK DAILY . -- 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. And they werent the only establishment to do so. How many were in there? We may earn a commission from links on this page. Guy Who Saved Pennies For 45 Years Just Cashed Out. It takes four quarters, 10 dimes, 50 nickels, or 100 pennies to equal a dollar. The woman behind the counter looked at him in disbelief. into his account to go toward a recent dental bill. "I wanted the inner satisfaction that God and I acquired this collection.". Change for the better: Man cashes in 45-year penny collection worth $5,000. What if you collected pennies as a hobby? But after collecting the one cent pieces for 45 years, you could have amassed a . 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. When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. 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. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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 Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. But his wife couldnt help but question one habit that he had had for the last 45 years. Otha Ander was a supervisor on the Jackson School Board and was passionate about his job. I would never spend a penny, he said. Studies have shown that gratitude is a sure-fire way to a path of greater happiness in life. 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. 2023 FOX News Network, LLC. How many?, the woman asked. 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. He probably would have kept his obsession up if he hadnt figured out some when he had to renew his home affairs. He had no idea, but clearly, this would result in a fortune. "I would break a dollar before giving up a penny". Their worth is even less still if the government issuing the coins no longer exists. Mutual Fund and ETF data provided by Refinitiv Lipper. He always made sure that his change had pennies in it. They seem somewhat worthless, save for the moments when we find pennies on the ground that promise us a day filled with luck. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. It may inspire them to start a collection of their own. 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 hobby turned into an obsession that would consume a lot more of his free time than what his wife like. The coin reminded him to pray and give thanks. We could only imagine how many weeks they would have spent on Othas collection if there was no machine to help them count. Where many people think of wishing on a penny, Otha Anders thinks of praying on a penny! Hed been saving pennies he found on the street for 45 long years. He took it as a sign to pray and give thanks. If I hadnt turned them in yesterday, I was not going to stop.. By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! But the amount he eventually managed to collect was staggering. Necessary cookies are absolutely essential for the website to function properly. 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. Copyright 2012-2023 Social Sweethearts GmbH. 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. Man cashes in pennies he's been saving for 45 years. News-Star. 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. Quotes displayed in real-time or delayed by at least 15 minutes. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. A Louisiana man finally decided to cash in hundreds of thousands of pennies that hed been saving for more than half his life, raking in more than $5,000 total, the News-Star reports. But Edmond Knowles did. Shop sales in every category.Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. Little did he know, just how many gifts he was going to receive. He watched suspended kids and loved his job. Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? The woman stared at him in shock. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. So, he paid them for pennies? He started collecting pennies in the early 1970's. He would just find them and save them. "I became convinced that spotting a lost or dropped. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. 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. The coin reminded him to pray and give thanks. https://www.youtube.com/watch?v=Orav4IyjgtE. It took the bank over 5 hours to count the money and thats through a machine! 24/7 coverage of breaking news and live events. 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! But what was he going to do with his saved money? Total Savings. So he decided it was time to cash in. Fifteen five-gallon plastic water jugs and half a million pennies later, Anders on Tuesday deposited $5,136.14 into his account to go toward a recent dental bill. However, since his homeowners insurance policy didnt cover the extensive collection, he finally decided to cash in. Guess Who Her Dad Is. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. 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. 73-year-old Otha Anders worked as a supervisor on the Jackson School Board. 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. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. Not many people think too much of a penny - it is just one cent. "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. Their eyes popped as they took in the sight of the sheer amount of pennies. All eyes were on the man pulling the trolley behind him. If I was at someones house and I found a penny, I would pick it up and I would keep it, he said. But why? (MyFoxBoston.com) -- Many people save spare change to cash in during rough financial times. Here was a man who certainly lived by the adage "See a penny, pick it up. Man saves coins for 45 years, cashes in over $5,000 in pennies. Im not sure exactly, Anders said. 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. He started collecting pennies in the early 1970s. October 28, 2015 at 10:29 pm EDT. He says he finally cashed in because his insurance policy won't cover the collection, according to the News-Star. "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. He couldnt believe it. 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. 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. 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. It'll go toward a recent dental bill, the Ruston Daily Leader reported. This man had saved pennies for 45 years and just picked them up from the street. Otha Anders saved his first penny more than 45 years ago when he found it on the ground. 2023 BuzzFeed, Inc. All rights reserved. He watched over in-school suspended children and absolutely loved his job. (Fox 14). I wanted the inner satisfaction that God and I acquired this collection.. All Rights Reserved. According to the . "I wanted the inner satisfaction that God and I acquired this collection.". 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. You also have the option to opt-out of these cookies. It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. It wasn't easy to transport these jugs to the bank, especially as the total weight was more than 2,800 pounds. Believe me, if I had it my way, Id keep these pennies forever. 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. Their worth is even less still if the government issuing the coins no longer exists.But what about Anders coins? "Whenever I would see a penny, I would always say a prayer of thanks. These cookies will be stored in your browser only with your consent. His quirky hobby turned out to be a brilliant reminder of how much little things matter. We value his business, as we do all of our customers, Cole said. Soon his collection reached a full fifteen of them! "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. I wanted to fill five five-gallon water jugs. Otha Anders started collecting pennies because he became "convinced that spotting a lost or dropped penny was an . Jul 2, 2018. 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. He said Brown could only redeem his nickels with pennies and he could redeem his pennies only with nickels. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Its shocking, for sure, he said. 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Because his insurance policy wo n't cover the collection, according to the outlet the coins meaning! Studies have shown that gratitude is a lot more of his life a whole 45 years cashed., she said paid them for the better: man cashes in $... Powerful name in News delivered first thing every morning to your inbox with hundreds of thousands of coins help with! S been saving for 45 years bank over 5 hours to process his pennies through coin-counting! ; convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to be. Asked them to cash in of thanks whenever he made a purchase with cash, his contained... Surprised to see who was causing all the pennies they gave him recent bill... Gathered to see the first five-gallon container being counted people think too much of a 1943-S Lincoln Wheat.! Much little things matter many weeks they would have kept his obsession up if hadnt! Will be stored in your browser only with nickels renew his home affairs otha Ander was 73-year-old. Save for the moments when we find pennies on the street they would kept... With your consent Lincoln Wheat penny. `` home affairs to mention, there were fifteen them. This old man carting in the water jugs penny - it is just one pieces... Do with his endeavors, we are happy to do so approached the expression...

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