man who collected pennies for 45 years22 Apr man who collected pennies for 45 years

The same with coins that hold an error. They seem somewhat worthless, save for the moments when we find pennies on the ground that promise us a day filled with luck. It eventually became so much of a hobby that he would deliberately avoid ever spending pennies. However, thats not true for all coins. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. These cookies ensure basic functionalities and security features of the website, anonymously. "He did likewise with pennies for me.". 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! I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. But now, he was about to find out. 2023 FOX News Network, LLC. 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. "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. While he only deposited them when he found. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. Guess Who Her Dad Is. I would say hes done a lot of collecting over the years.. During the five-hour process of counting the pennies, the plastic jugs were hacked open with an ax and hammer. 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. The manager of Ed's. The counting and processing of the coins took a total of about five hours, according to the News-Star. 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, you may visit "Cookie Settings" to provide a controlled consent. 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. All Rights Reserved. In the early 70s, Ota Anders took up an unusual hobby: he began to collect coins in denominations of only 1 penny. 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. NEW YORK DAILY . "But if we can help Anders with his endeavors, we are happy to do so.". How would they be able to count all these pennies? 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. (Fox 14) A Louisiana man who collected pennies for almost half a . 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 continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. 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. 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. He also started making more and decisions that would give him more pennies. Updated: 8:46 AM EDT October 28, 2015 . Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. After 45 years of saving, Anders was able to put the money to good use and spend it on a dental bill that had just been issued to him. This material may not be published, broadcast, rewritten, or redistributed. And with hundreds of thousands of coins, perhaps one had a valuable error. Our content is created to the best of our knowledge, yet it is of general nature and cannot in any way substitute an individual consultation by your doctor. Where many people think of wishing on a penny, Otha Anders thinks of praying on a penny! The coin reminded him to pray and give thanks. So he decided it was time to cash in. 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. 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. Employees gathered to see the first five-gallon container being counted. All rights reserved. How long has Otha Anders been saving his pennies? Youtube / Kray K News. Powered and implemented by FactSet Digital Solutions. The cookie is used to store the user consent for the cookies in the category "Performance". But when they finally did, the actual amount Anders had saved all these years was incredible! 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. "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. "I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful," said Anders. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. This cookie is set by GDPR Cookie Consent plugin. Anders' coin collecting habit started when he found a penny on the street decades ago. Breanna Edwards. According to the . Anders and his friends hauled in the containers one by one. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. And as he got older his connection to god only felt stronger for it. "We value his business, as we do all of our customers," she said. 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. Anders is a beautiful example of how all of us can learn to be thankful for the small things. Market data provided by Factset. The woman behind the counter looked at him in disbelief. And as he got older his connection to god only felt stronger for it. "After collecting the copper for decades, Anders deposited his haul on Tuesday to pay for some recent dental work. An error in the coin made it extremely valuable, and its value could only keep growing over time. Coins made of base metals, such as aluminum, have very little worth. Anders sheepishly laughed with her before pleading with her again. This penny reminded him to give thanks for the small but wonderful things that happen in life. 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. "I would never spend a penny," he said. A Louisiana man who collected pennies for more than 45 years has now cashed in 513,614 of them. RUSTON, La. The trolley wheels squeaked as he walked into the 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.. Employees gathered to see the first five-gallon container being counted. Who would have thought a penny a day could someday bring you $5k! Otha Anders was a 73-year-old who worked with the Jackson School Board. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. Anders had put all the pennies he found into water jugs. Otha Anders has collected over half a million pennies during the last 45 years. He also stopped spending pennies on purchases, preferring instead to put them in emptywater jugs, the Star reports. It reportedly took five hours for machines to count all the change. 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. How many?, the woman asked. It has long been said that time is the most valuable commodity. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. Otha Anders cashed in his giant penny collection. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. Your California Privacy Rights/Privacy Policy. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Once the first penny was saved, there was no stopping Anders from growing his collection to become the record-breaker that it was in 2015. If I hadnt turned them in yesterday, I was not going to stop.. Man saves coins for 45 years, cashes in over $5,000 in pennies. 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. Otha Anders started more than 45 years ago when he found a penny on the ground and decided to save it. It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. He couldnt believe it. 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! They remind him to stay thankful, he says. Market data provided by Factset. It seems like Anders' steady patience and consistent well-wishing has paid off for him. Soon his collection reached a full fifteen of them! 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. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. . His quirky hobby turned out to be a brilliant reminder of how much little things matter. NEW YORK (CNN/Money) - Benjamin Franklin once said a penny saved is a penny earned, but he probably didn't think of saving over a million of them. He says he finally cashed in because his insurance policy won't cover the collection, according to the News-Star. A Louisiana man who collected pennies for almost half a century finally cashed in Tuesday. You also have the option to opt-out of these cookies. Anders collected pennies for 45 years until he had filled up . Change for the better: Man cashes in 45-year penny collection worth $5,000. The bank manager was rather surprised to see this old man carting in the water jugs filled with money. "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. The process of counting took so much time because the coin bag had to be changed every 20 minutes after it would reach$50. "I would break a dollar before giving up a penny". And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. How would they be able to count all these pennies? Five-Gallon plastic water jugs by the amount he had saved purchases, preferring to! Likewise with pennies for 45 years otha Anders has collected over half a century finally cashed in 513,614 them. Before pleading with her before pleading with her again collection worth $ 5,000 reminding me to always be thankful the! 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