man who collected pennies for 45 years

We could only imagine how many weeks they would have spent on Othas collection if there was no machine to help them count. "Whenever I would see a penny, I would always say a prayer of thanks. 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. They remind him to stay thankful, he says. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. 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. 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 he finally took his collection over to the bank, tellers were staggered by the amount he had saved. 24/7 coverage of breaking news and live events. 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. 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. 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. We may earn a commission from links on this page. Otha Anders cashed in his giant penny collection. 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. But his wife couldnt help but question one habit that he had had for the last 45 years. 'Dream big', 'never give up'; Sen. Murray's advice to young girls in the U.S. 'Go back to your country:' Man arrested for hate crime after throwing rocks, using racially-biased comments, WATCH: Surveillance footage shows suspect stealing car with two kids inside, Scientists tap volunteers to save integral species to Puget Sound ecosystem, First woman appointed as fire chief in King County, Egg shortage and high demand creates waitlist for people looking to adopt chickens, Suspect in 3rd and Pine shooting releasing from jail. -- 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. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. But if we can help Anders with his endeavors, we are happy to do so.. Otha Anders was a 73-year-old who worked with the Jackson School Board. 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. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. 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. I wanted to fill five five-gallon water jugs. But after collecting the one cent pieces for 45 years, you could have amassed a fortune! Even opening the jugs wasn't a simple task -- they were hacked open with an axe. Their worth is even less still if the government issuing the coins no longer exists. And with hundreds of thousands of coins, perhaps one had a valuable error. (Fox 14) A Louisiana man who collected pennies for almost half a . How many were in there? You know you see pennies all over. 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 wasnt even a little tempted to take the extra cash. 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. 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. Every penny he had, he kept. All of the kids love him and he was happy to look after them. Market data provided by Factset. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. How many?, the woman asked. 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. Studies have shown that gratitude is a sure-fire way to a path of greater happiness in life. Anders sheepishly laughed with her before pleading to her again. AREVIK 25.12.2022 1.1k. "I would never spend a penny," he said. The same with coins that hold an error. Believe me, if I had it my way, Id keep these pennies forever.The woman gave Anders a long look before calling her manager. "He did likewise with pennies for me." RUSTON, La. He was so serious about his rather unique hobby that he ended up collecting 55 large water jugs filled with pennies. Coins made of base metals, such as aluminum, have very little worth. His quirky hobby turned out to be a brilliant reminder of how much little things matter. 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 will be stored in your browser only with your consent. Man cashes in pennies he's been saving for 45 years. (Fox 14). According to the . 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.. Although Anders collection contains mostly modern pennies, its crazy to think that if he held onto those coins long enough, theyd soon bring him a fortune as big as a million dollars! He approached the questionable expression behind the desk and asked them to cash his pennies in. 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.". The bank manager was rather surprised to see this old man carting in the water jugs filled with money. 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. The trolley wheels squeaked as he walked into the bank. But why? "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." La. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. 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. "I would break a dollar before giving up a penny". Anders had no idea how much money his collection would amount to. And as he got older his connection to god only felt stronger for it. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. "I would never spend a penny," he told the Star. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. I never allowed anyone, not even my wife nor children, to give me pennies without being compensated, Anders told the site. Bank Vice President Jennie Cole said that Anders is a longtime customer whom the bank was happy to help, even though the magnitude of the pennies didnt make for a typical day at work. This material may not be published, broadcast, rewritten, He says he finally cashed in because his insurance policy won't cover the collection, according to the News-Star. Asian-American Affairs Reporter, HuffPost. than 45 years ago when he found it on the ground. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. Coins made of base metals, such as aluminum, have very little worth. However, you may visit "Cookie Settings" to provide a controlled consent. The coin reminded him to pray and give thanks. It all just started that one day when he found a penny in the street; he went on to collect more. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. . 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. 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 ! It squeaked and squawked as the wheels turned in pursuit. It may inspire them to start a collection of their own. Anders and his friends hauled in the containers one by one. Anders collected pennies for 45 years until he had filled up . They were much heavier than youd think, and not to mention, there were fifteen of them! This penny reminded him to give thanks for the small but wonderful things that happen in life. Anders also added that his friend,Jack "Domino Kid" Brown, played a significant part in his penny collection. 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. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. I never failed to do that. How would they be able to count all these pennies? It was a reminder to me to always be thankful," he added. Believe me, if I had it my way, Id keep these pennies forever. How would they be able to count all these pennies? Otha Anders has collected over half a million pennies during the last 45 years. 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've successfully subscribed to this newsletter! An error in the coin made it extremely valuable, and its value could only keep growing over time. The manager of Ed's. He would just find them and save them. These cookies track visitors across websites and collect information to provide customized ads. 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. A Louisiana man who collected pennies for almost half a century finally cashed in Tuesday. Could you have the discipline to collect coins for almost 50 years? 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