"I would break a dollar before giving up a penny. It took the bank over 5 hours to count the money and thats through a machine! However, with the help of friends and family,Anders made it to the bank with his tremendous collection. 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. "I would break a dollar before giving up a penny.". However, Anders always made sure that every penny that came his way from others was compensated properly. 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. He would have continued to keep them and collect more if it wasnt for one problem that he encountered when he renewed his home affairs. For over 45 years, Anders had been collecting pennies, storing them in 5-gallon water jugs. You have to find 100 of them to get a dollar it is a lot of work. It was actually his religion that started the penny collecting. 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. Employees gathered to see the first five-gallon container being counted. And as he got older his connection to god only felt stronger for it. How To Determine And Measure Your Ring Size Accurately, Teen Charged With Major Drug Trafficking Has Been Let Off. 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. 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. He walked into the bank, rolling a dolly behind 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.". I would never spend a penny, he said. They were much heavier than youd think, and not to mention, there were fifteen of them! We value his business, as we do all of our customers, Cole said. Anders had no idea how much money his collection would amount to. This website uses cookies to improve your experience while you navigate through the website. This is a staggering number! But after collecting the one cent pieces for 45 years, you could have amassed a . The pennies were then poured into the coin machine with small plastic buckets. . 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. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. 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 ! This penny reminded him to give thanks for the small but wonderful things that happen in life. He had no idea, but clearly, this would result in a fortune. A Louisiana man who collected pennies for more than 45 years has now cashed in 513,614 of them. The plastic jugs were hacked open by an ax and hammer. The News Star reports that thehabit was first ignited when he found a penny lying on the ground. The counting and processing of the coins took a total of about five hours, according to the News-Star. Otha Anders started collecting pennies because he became "convinced that spotting a lost or dropped penny was an . He said Brown could only redeem his nickels with pennies and he could redeem his pennies only with nickels. And with hundreds of thousands of coins, perhaps one had a valuable error. -- 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. But one Louisiana man gathered more than 500,000 pennies over the course of 45 years. 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. 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. Anders kept his pennies in five-gallon plastic jugs. Your health is important to us. Total Savings. Then, one day, he decided to turn in the loose change. Soon his collection reached a full fifteen of them! "Whenever I would see a penny, I would always say a prayer of thanks. How would they be able to count all these pennies? Their worth is even less still if the government issuing the coins no longer exists.But what about Anders coins? Breanna Edwards. 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 they werent the only establishment to do so. The woman behind the counter looked at him in disbelief. Anders sheepishly laughed with her before pleading to her again. This cookie is set by GDPR Cookie Consent plugin. (Fox 14) A Louisiana man who collected pennies for almost half a . 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. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. An error in the coin made it extremely valuable, and its value could only keep growing over time. The cookie is used to store the user consent for the cookies in the category "Performance". NEW YORK DAILY . Copyright 2012-2023 Social Sweethearts GmbH. 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. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. -- 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. The cookie is used to store the user consent for the cookies in the category "Other. 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! 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! 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. "I wanted the inner satisfaction that God and I acquired this collection.". But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. It seems that this small habit was a touching way for Anders to strengthen his relationship with God. The coin reminded him to pray and give thanks. Not many people think too much of a penny - it is just one cent. 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. They remind him to stay thankful, he says. 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. Quotes displayed in real-time or delayed by at least 15 minutes. Man saves coins for 45 years, cashes in over $5,000 in pennies. This material may not be published, broadcast, rewritten, 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. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. Nancy Bergeron/Ruston Daily Leader 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. Otha Anders saved his first penny more 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, 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. . 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. Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? Anders says he plans to use the cash to help pay a dental bill. La. Anders was hesitant to finally hand in his collection, which he refused to do back in the 1970s, when the government was offering a $25 bonus for every $100 worth of pennies turned in, the News-Star notes. Photo credit: United News International / YouTube. 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.Im not sure exactly, Anders said. This man had saved pennies for 45 years and just picked them up from the street. The manager of Ed's. And with hundreds of thousands of coins, perhaps one had a valuable error. 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. While that might not really be much if you count the years, it was already a huge sum considering he was just collecting pennies. But opting out of some of these cookies may affect your browsing experience. "I have not spent a penny in 40-plus years. The coin reminded him to pray and give thanks. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. But when they finally did, the amount Anders had saved all these years was incredible! Employees gathered to see the first five-gallon container being counted. 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. 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. Otha Anders started collecting pennies in the late 1960s. These cookies ensure basic functionalities and security features of the website, anonymously. The plastic jugs had to be opened with an ax and hammer, and the bank was not prepared for such a large collection even though Anders had called a week prior to inform them that he would be coming with a colossal amount of pennies. 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. 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. 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. 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. But his wife couldnt help but question one habit that he had had for the last 45 years. You've successfully subscribed to this newsletter! The News-Star reports that employees at Ruston . With all the pennies this guy had, he must've been very, very lucky. However, thats not true for all coins. 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. Their worth is even less still if the government issuing the coins no longer exists. 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. He approached the questionable expression behind the desk and asked them to cash his pennies in. When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. That was the goal, but I couldnt stop. Pennies are small both in size and worth, but as a popular Indiansaying goes, "Drops of water collected eventually become a flowing stream." It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. Their eyes popped as they took in the sight of the sheer amount of pennies. Quotes displayed in real-time or delayed by at least 15 minutes. I would guesstimate about 400-500,000 pennies?. Coins made of base metals, such as aluminum, have very little worth. "After collecting the copper for decades, Anders deposited his haul on Tuesday to pay for some recent dental work. By. Anders said he started collecting the coins in the late-1960s. It wasn't easy to transport these jugs to the bank, especially as the total weight was more than 2,800 pounds. "We value his business, as we do all of our customers," she said. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. This small event set the path for over four decades of Anders looking out for pennies, be it whatever he may have found on the ground or collecting all the pennies after a trip to the grocers. News-Star. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. Thats especially true when it comes to coins - but - only certain kinds of coins. 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. It was actually his religion that started the penny collecting. Coins made of base metals, such as aluminum, have very little worth. 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. "I wanted the inner satisfaction that God and I acquired this collection.". He couldnt believe it. That amount was deposited into his account Tuesday to go toward a recent dental bill. After over four decades of this spectacular collection, we wish Anders the very best for his future penny collections as well! Their eyes popped as they took in the sight of the sheer amount of pennies. 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. 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.. It was a reminder to me to always be thankful," he added. "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. But if we can help Anders with his endeavors, we are happy to do so.. 73-year-old Otha Anders worked as a supervisor on the Jackson School Board. 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. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. "I never allowed anyone, not even my wife nor children, to give me pennies without being compensated," he said. It squeaked and squawked as the wheels turned in pursuit. "I would never spend a penny," he said. I would break a dollar before giving up a penny.. "If I was at someone's house and I found a penny, I would pick it up and I would keep it," he 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 wasnt even a little tempted to take the extra cash. 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. 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