When the 77 year old man from Louisiana was asked what motivated him, he said that finding a penny on the ground was akin to a sign from God, reminding him that he should always be thankful. This meant that he soon had more pennies than he knew what to do with. Legal Statement. . 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. 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. (Fox 14) A Louisiana man who collected pennies for almost half a . Nancy Bergeron/Ruston Daily Leader "But if we can help Anders with his endeavors, we are happy to do so.". This man had saved pennies for 45 years and just picked them up from the street. ", | Special to The (Monroe, La.) This penny reminded him to give thanks for the small but wonderful things that happen in life. 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.. To him, it was a small and simple quirky habit but over time, it didn't look so small anymore. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. The same with coins that hold an error. It may inspire them to start a collection of their own. Man saves coins for 45 years, cashes in over $5,000 in pennies. But if we can help Anders with his endeavors, we are happy to do so.. Photo credit: United News International / YouTube. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. 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. "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. He was so serious about his rather unique hobby that he ended up collecting 55 large water jugs filled with pennies. This cookie is set by GDPR Cookie Consent plugin. Then all day long, you'll have good luck." And his "luck" came in the shape of a cool five grand. But what about Anders coins? Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. He always made sure that his change had pennies in it. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, the 73-year-old told the news site. However, Anders always made sure that every penny that came his way from others was compensated properly. Any penny he receives as change or anything he finds in his walks, he puts inside the 5-gallon water jugs. Ruston resident Otha Anders started saving his first penny more than 45 years ago when he found it on the ground. 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. As a supervisor for in-school suspended children for the Jackson School Board, Anders said his students learned about his penny fascination and would save them up to sell to him. But now, he was about to find out. Copyright 2012-2023 Social Sweethearts GmbH. While he only deposited them when he found. Anders had no idea how much money his collection would amount to. However, thats not true for all coins. If I hadnt turned them in yesterday, I was not going to stop.. "He did likewise with pennies for me." The plastic jugs were hacked open by an ax and hammer. That led to a huge collection, stored in 15 five-gallon, plastic water jugs, adding up to about half a million pennies, which ultimately converted to $5,136.14. But collecting pennies was more than a hobby for Anders. Necessary cookies are absolutely essential for the website to function properly. 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. Quotes displayed in real-time or delayed by at least 15 minutes. You've successfully subscribed to this newsletter! "Anders will inform us on where he wants the cashed-in money to be placed," she said. The News Star reports that thehabit was first ignited when he found a penny lying on the ground. "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. NEW YORK DAILY . 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. Powered and implemented by FactSet Digital Solutions. The manager of Ed's. Though he reached out to the bank to notify them about the pennies, the bank's senior vice president Ryan Kilpatrick told the outlet he was shocked at the actual number. The cookie is used to store the user consent for the cookies in the category "Analytics". "I became convinced that spotting a lost or dropped. That first penny, he told the Star, reminded him that life is a gift from God. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. He says he finally cashed in because his insurance policy won't cover the collection, according to the News-Star. Even though one particular hobby of his raised a few eyebrows. It was actually his religion that started the penny collecting. Anders worried they would turn him away. October 29, 2015 By Coin Update 13 Comments. "After collecting the copper for decades, Anders deposited his haul on Tuesday to pay for some recent dental work. "I would never spend a penny," he said. Jul 2, 2018. Man Cashes In 500,000 Pennies Collected Over 45 Years. The 73-year-old has some modest plans to spend his money. 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. "Whenever I would see a penny, I would always say a prayer of thanks. "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated,"he told the news outlet. 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. The cookies is used to store the user consent for the cookies in the category "Necessary". But that's not all. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. La. 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.". 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. All Rights Reserved. It was actually his religion that started the penny collecting. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. He plans to put the money toward a recent dental bill, but he says he hasnt lost the joy that comes with collecting coins. He watched over in-school suspended children and absolutely loved his job. 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. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. These cookies will be stored in your browser only with your consent. Tell us your tales of coin collections if you have any,and don't forget to show this story to your friends as well! He explained to the outlet the coins hold meaning for him. The 73-year-old had a family of his own. . 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. How To Determine And Measure Your Ring Size Accurately, Teen Charged With Major Drug Trafficking Has Been Let Off. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. That was the goal, but I couldnt stop. 24/7 coverage of breaking news and live events. Anders sheepishly laughed with her before pleading with her again. The coin reminded him to pray and give thanks. 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! Otha Anders was a 73-year-old who worked with the Jackson School Board. Anders got in touch with the bank about a week ago to let them know he was bringing in a large amount of pennies, but senior vice president Ryan Kilpatrick told ABC News that nothing really prepares you for seeing fifteen 5-gallon jugs of copper rolled into your bank. However, with the help of friends and family,Anders made it to the bank with his tremendous collection. Mutual Fund and ETF data provided by Refinitiv Lipper. What if you collected pennies as a hobby? "But if we can help Anders with his endeavors, we are happy to do so.". 2023 BuzzFeed, Inc. All rights reserved. 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! "We value his business, as we do all of our customers," she said. He never knew just how much money he would make. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. By clicking Sign Up, I confirmthat I have read and agreeto the Privacy Policy and Terms of Service. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. 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. He started collecting pennies in the early 1970's. He would just find them and save them. Their eyes popped as they took in the sight of the sheer amount of pennies. Cool, isnt it? He couldnt believe it. This means that on an average day, he had collected around 31 pennies. Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. than 45 years ago when he found it on the ground. RUSTON, La. Your health is important to us. The two men could only redeem their preferred coins with an exchange; Anders got a penny for a nickel and vice versa. "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.". So he decided it was time to cash in. They were much heavier than youd think, and not to mention, there were fifteen of them! It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. Otha Anders cashed in his giant penny collection. 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. You have to find 100 of them to get a dollar it is a lot of work. 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. I would break a dollar before giving up a penny.. "I would never spend a penny," he told the Star. To Anders, 73, the pennies represent more than a nice pay day. The final amount was certainly not small. Its shocking, for sure, he told ABC News. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. Studies have shown that gratitude is a sure-fire way to a path of greater happiness in life. By Laurie Hanna. Shop sales in every category.Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. 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. 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. 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. It seems that this small habit was a touching way for Anders to strengthen his relationship with God. News-Star. By. But what was he going to do with his saved money? The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. Anders worried they would turn him away. "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." Anders wasa supervisor for in-school suspended children for the Jackson School Board in Louisiana, and when his students found out about his habit of collecting pennies, they would save up their money to sell to him. A Louisiana man who collected pennies for more than 45 years has now cashed in 513,614 of them. Anders and his friends hauled in the containers one by one. We could only imagine how many weeks they would have spent on Othas collection if there was no machine to help them count. He took it as a sign to pray and give thanks. 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. 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. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. 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 escalated from there. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. The extra bonus of income came just in time for him to pay a medical bill. It'll go toward a recent dental bill, the Ruston Daily Leader reported. I would guesstimate about 400-500,000 pennies?. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 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! "But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. I know its a crazy amount but this is a dear collection of mine that I need to cash out. The cookie is used to store the user consent for the cookies in the category "Other. 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. It reportedly took five hours for machines to count all the change. After all, the magic of life is preserved in the ordinary, everyday things, and it is up to us to find it. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. The machine bags had to be changed for every $50. 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. How would they be able to count all these pennies? 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. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. Their worth is even less still if the government issuing the coins no longer exists.But what about Anders coins? But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. 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. Analytical cookies are used to understand how visitors interact with the website. But after collecting the one cent pieces for 45 years, you could have amassed a . I wanted the inner satisfaction that God and I acquired this collection.. 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. Otha Anders cashed in his giant penny collection. The bank manager was rather surprised to see this old man carting in the water jugs filled with money. They remind him to stay thankful, he says. But Edmond Knowles did. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. This cookie is set by GDPR Cookie Consent plugin. Anders collected pennies for 45 years until he had filled up . Scientists Have Linked Selfies To Narcissism, Addiction And Mental Illness, Essential Oils And Brain Injuries: Heres What You Are Not Being Told, Rare Monkeypox Virus Has Started Reappearing, Heres What You Need To Know, Heart Surgeon Speaks Out About The True Cause Of Heart Disease, Kind FedEx Driver Shovels Snow Off Womans Porch When He Learns Her Husband Died, Man Builds A Tiny Blue House At Narrow Alley As Revenge To Stop Neighbors From Using It, I Dont Want To Live Anymore And I Want To Die. Read This First. Then, one day, he decided to turn in the loose change. 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. — -- Otha Anders is a true believer in the phrase a pretty penny. For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them. He walked into the bank, rolling a dolly behind him. 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! And with hundreds of thousands of coins, perhaps one had a valuable error. 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. 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. This website uses cookies to improve your experience while you navigate through the website. I would say hes done a lot of collecting over the years.. Seventy Five Gallons When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. 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. October 28, 2015 at 10:29 pm EDT. We value his business, as we do all of our customers, Cole said. Its shocking, for sure, he said. You have to find 100 of them to get a dollar - it is a lot of work. 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. Cats And Cucumbers: Why Are Cats Afraid Of Cucumbers? 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. 2023 FOX News Network, LLC. 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. Anders said he would be truly remiss if he did not acknowledge his friend, Jack 'Domino Kid' Brown, for helping him with his penny collection. All rights reserved. According to the . Legal Statement. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic 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. Their eyes popped as they took in the sight of the sheer amount of pennies. Updated: 8:46 AM EDT October 28, 2015 . An error in the coin made it extremely valuable, and its value could only keep growing over time. The woman gave Anders a long look before calling her manager. How would they be able to count all these pennies? '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. Saved up an incredible $ 5,136.14 through collecting pennies for 45 years, News! Open with an exchange ; Anders got a penny, more would keep appearing his... Collection that resulted in a 45-year collection of mine that I need to cash in ''... To turn in the category `` Other was n't a simple task -- they were hacked by. Couldnt stop a dear collection of pennies on Tuesday at Origin bank things that happen in life..... 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