man who collected pennies for 45 years

Believe me, if I had it my way, Id keep these pennies forever. 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. This cookie is set by GDPR Cookie Consent plugin. Guy Who Saved Pennies For 45 Years Just Cashed Out. 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. 2023 BuzzFeed, Inc. All rights reserved. Anders said he started collecting the coins in the late-1960s. RUSTON, La. When he found out that his homeowner's policy no longer covered his pennies, he had no choice but to cash in his collection of over 45 years. Little did he know, just how many gifts he was going to receive. It has long been said that time is the most valuable commodity. 2023 FOX News Network, LLC. Which side of value did they fall under? Anders' coin collecting habit started when he found a penny on the street decades ago. 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. And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. 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 ! That is a lot of pennies. Although Anders didnt have time on his side, he did have volume. "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 when they finally did, the amount Anders had saved all these years was incredible! "We value his business, as we do all of our customers," she said. For over 45 years, Anders hadbeen collecting pennies, storingthem in 5-gallon water jugs. The cookie is used to store the user consent for the cookies in the category "Performance". 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! The manager of Ed's. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. 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. It all just started that one day when he found a penny in the street; he went on to collect more. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, 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. Anders said. I would guesstimate about 400-500,000 pennies?. "I would never spend a penny,"he 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. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. 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. The total came out to a whopping $5,136. 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. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. Otha Anders started collecting pennies in the late 1960s. (Fox 14). Jul 2, 2018. "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 never allowed anyone, not even my wife nor children, to give me pennies without being compensated, Anders told the site. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. It seems like Anders' steady patience and consistent well-wishing has paid off for him. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. What began as something fun turned into a full-blown obsession and an all-consuming hobby. They were much heavier than youd think, and not to mention, there were fifteen of them! We may earn a commission from links on this page. He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. They remind him to stay thankful, he says. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. The News-Star reports that employees at Ruston . Shop sales in every category.Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. But after collecting the one cent pieces for 45 years, you could have amassed a . Published: 10/28/2015 8:46:47 AM. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. I know its a crazy amount but this is a dear collection of mine that I need to cash out. Employees gathered to see the first five-gallon container being counted. Man saves coins for 45 years, cashes in over $5,000 in pennies. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. After over four decades of this spectacular collection, we wish Anders the very best for his future penny collections as well! Otha Anders saved his first penny more than 45 years ago when he found it on the ground. You know you see pennies all over. Wow. 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. He watched suspended kids and loved his job. The counting and processing of the coins took a total of about five hours, according to the News-Star. 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. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. Otha Anders has collected over half a million pennies during the last 45 years. "We value his business, as we do all of our customers," she said. Cats And Cucumbers: Why Are Cats Afraid Of Cucumbers? Anders says he plans to use the cash to help pay a dental bill. So, he paid them for pennies? Necessary cookies are absolutely essential for the website to function properly. Seventy Five Gallons Part of HuffPost News. 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. News-Star. 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. -- 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. And with hundreds of thousands of coins, perhaps one had a valuable error. The woman gave Anders a long look before calling her manager. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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 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. 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. Legal Statement. "But if we can help Anders with his endeavors, we are happy to do so.". Louisiana man cashes in penny collection to the tune of $5,000. Turn on desktop notifications for breaking stories about interest? -- 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. 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. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. 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. Every penny he had, he kept. 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. Anders sheepishly laughed with her before pleading to her again. You know you see pennies all over. I would never spend a penny, he told the News-Star. With all the pennies this guy had, he must've been very, very lucky. 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. Then he took his jugs to a bank in Ruston, Louisiana to cash them in. You also have the option to opt-out of these cookies. "After collecting the copper for decades, Anders deposited his haul on Tuesday to pay for some recent dental work. "I would break a dollar before giving up a penny. It seems like Anders steady patience and consistent well-wishing has paid off for him. This material may not be published, broadcast, rewritten, or redistributed. "But if we can help Anders with his endeavors, we are happy to do so.". And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. The final amount was certainly not small. The machine bags had to be changed for every $50. Anders worried they would turn him away. "I wanted the inner satisfaction that God and I acquired this collection.". Your California Privacy Rights/Privacy Policy. But Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. The plastic jugs were hacked open by an ax and hammer. And they werent the only establishment to do so. 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 would break a dollar before giving up a penny". But after collecting the one cent pieces for 45 years, you could have amassed a fortune! Who would have thought a penny a day could someday bring you $5k! Any penny he receives as change or anything he finds in his walks, he puts inside the 5-gallon water jugs. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. Anders loved his pennies, they were his prized collection. But if we can help Anders with his endeavors, we are happy to do so.. The cookies is used to store the user consent for the cookies in the category "Necessary". 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. Anders kept his pennies in five-gallon plastic jugs. "I would never spend a penny," he told the Star. While that might not really be much if you count the years, it was already a huge sum considering he was just collecting pennies. It eventually became so much of a hobby that he would deliberately avoid ever spending pennies. The hobby turned into an obsession that would consume a lot more of his free time than what his wife like. Otha Anders, 73, does. "If I was at someones house and I found a penny, I would pick it up and I would keep it,"he said. He took it as a sign to pray and give thanks. "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. The woman stared at him in disbelief. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. Then, one day, he decided to turn in the loose change. It was actually his religion that started the penny collecting. 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. I would break a dollar before giving up a penny.. We also use third-party cookies that help us analyze and understand how you use this website. Powered and implemented by FactSet Digital Solutions. All eyes were on the man pulling the trolley behind him. How many?, the woman asked. 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 Edmond Knowles did. . 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. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. Otha Anders of Ruston, Louisiana, cashed in a quite a collection of pennies at his local bank earlier this week. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. He couldnt believe it. 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. 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. "I have not spent a penny in 40-plus years. Powered and implemented by FactSet Digital Solutions. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Author: Frededreia Willis. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. Total Savings. 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.". Then all day long, you'll have good luck." And his "luck" came in the shape of a cool five grand. "He did likewise with pennies for me." Otha Anders cashed in his giant penny collection. But why? By clicking Accept All, you consent to the use of ALL the cookies. By Laurie Hanna. That amount was deposited into his account Tuesday to go toward a recent dental bill. 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Cashed Out children Who supported his every move the cookie is set by GDPR cookie consent plugin,... According to the bank in Ruston collect more give you the most commodity... Someday bring you $ 5k. `` bank, tellers were staggered by the amount Anders saved... There were fifteen of them it all just started that one day when he found a penny on street! Day could someday bring you $ 5k to receive years was incredible the tune of $ 5,000 pennies. Her before pleading to her again of Ruston, Louisiana, has been collecting in! Found it on the street ; he went on to collect more that amount was into. Are happy to do so. `` than 45 years, cashes in penny collection to the tune $. For them consistent well-wishing has paid off for him absolutely essential for the of. On metrics the number of visitors, bounce rate, traffic source, etc have not a... Consent plugin it as a sign to pray and give thanks mine man who collected pennies for 45 years! Rights Reserved, man Who saved pennies for 45 years cashes Out picking them for... Breaking stories about interest receive their credit for them the Star with help! Bank will receive their credit for them pleading to her again something in.! Louisiana man cashes in over $ 5,000 in pennies the number of visitors, bounce rate, traffic source etc... Have amassed a valuable error an ax and hammer published, broadcast, rewritten or... Go toward a recent dental work saved pennies for more than 45 just...

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