Then he took his jugs to a bank in Ruston, Louisiana to cash them in. He approached the questionable expression behind the desk and asked them to cash his pennies in. It was a problem that left him devastated. Anders and his friends hauled in the containers one by one. 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. 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. 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. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. The 73-year-old has some modest plans to spend his money. Powered and implemented by FactSet Digital Solutions. But what was he going to do with his saved money? He also started making more and decisions that would give him more pennies. "Whenever I would see a penny, I would always say a prayer of thanks. Which side of value did they fall under? 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. 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. However, Anders always made sure that every penny that came his way from others was compensated properly. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. 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! 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. And as he got older his connection to god only felt stronger for it. It does not store any personal data. The counting and processing of the coins took a total of about five hours, according to the News-Star. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. But if we can help Anders with his endeavors, we are happy to do so.. Shop sales in every category.Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. It took the bank over 5 hours to count the money and thats through a machine! He started collecting pennies in the early 1970's. He would just find them and save them. 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. Anders, 73, reportedly supervises in-school suspended children for the Jackson School Board. He approached the questionable expression behind the desk and asked them to cash his pennies in. I would say hes done a lot of collecting over the years.. 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. Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? It has long been said that time is the most valuable commodity. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. Specifically, coins made of precious metals like gold, silver, platinum, palladium, and even copper fluctuate in value over time but generally become more valuable. While he only deposited them when he found. Copyright 2012-2023 Social Sweethearts GmbH. Anders sheepishly laughed with her before pleading to her again. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. As it turns out, he knew Anders quite well Anders was a longtime, loyal customer who never gave them any problems so immediately knew the manager wanted to help him. Otha Anders cashed in his giant penny collection. Little did he know, just how many gifts he was going to receive. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. "I would break a dollar before giving up a penny.". Updated: 8:46 AM EDT October 28, 2015 . 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. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. Cole said a machine counted the coins that saves much time, and Origin Bank's part is to help get the pennies counted, so Anders can get to his destination. Otha Anders cashed in his giant penny collection. They seem somewhat worthless, save for the moments when we find pennies on the ground that promise us a day filled with luck. 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. Total Savings. Although Anders didnt have time on his side, he did have volume. Then, one day, he decided to turn in the loose change. It was actually his religion that started the penny collecting. into his account to go toward a recent dental bill. 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. Employees gathered to see the first five-gallon container being counted. Where many people think of wishing on a penny, Otha Anders thinks of praying on a penny! He had saved pennies for most of his life a whole 45 years. Anders says he plans to use the cash to help pay a dental bill. Jul 2, 2018. https://www.youtube.com/watch?v=Orav4IyjgtE. The trolley wheels squeaked as he walked into the bank. He started collecting pennies in the early 1970s. Anders' coin collecting habit started when he found a penny on the street decades ago. We may earn a commission from links on this page. All of the kids love him and he was happy to look after them. He took it as a sign to pray and give thanks. I wanted to fill five five-gallon water jugs. Mutual Fund and ETF data provided by Refinitiv Lipper. He probably would have kept his obsession up if he hadnt figured out some when he had to renew his home affairs. 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. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 2023 FOX News Network, LLC. He had always been a religious man and his faith had grown stronger as the years passed.His faith was how his penny obsession all started. He couldnt believe it. This cookie is set by GDPR Cookie Consent plugin. I would never spend a penny, he said. "Our exchange became competitive by each trying to outdo the other and consequently our collections; his nickels, my pennies began to multiply," he added. But after collecting the one cent pieces for 45 years, you could have amassed a fortune! Published: 10/28/2015 8:46:47 AM. How long has Otha Anders been saving his pennies? 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. He explained to the outlet the coins hold meaning for him. 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. "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 woman stared at him in shock. Man cashes in pennies he's been saving for 45 years. Tell us your tales of coin collections if you have any,and don't forget to show this story to your friends as well! What began as something fun turned into a full-blown obsession and an all-consuming hobby. Believe me, if I had it my way, Id keep these pennies forever.The woman gave Anders a long look before calling her manager. We value his business, as we do all of our customers, she said. Soon his collection reached a full fifteen of them! "But if we can help Anders with his endeavors, we are happy to do so.". I never failed to do that. Otha Anders has collected over half a million pennies during the last 45 years. He was reluctant to give his years of work away, but Anders also said that he has not lost the joy that comes from collecting coins. A Louisiana man who collected pennies for almost half a century finally cashed in Tuesday. The cookies is used to store the user consent for the cookies in the category "Necessary". The coin reminded him to pray and give thanks. Are you asamazed by this beautiful story as we were? "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. 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. Otha Anders, 73, does. Their eyes popped as they took in the sight of the sheer amount of pennies. Fifteen five-gallon plastic water jugs and half a million pennies later, Anders on Tuesday deposited $5,136.14 into his account to go toward a recent dental bill. Otha Anders saved his first penny more than 45 years ago when he found it on the ground. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. Even though one particular hobby of his raised a few eyebrows. Otha Anders turned in a 45-year collection of pennies on Tuesday in 15 five-gallon water jugs. "If I was at someone's house and I found a penny, I would pick it up and I would keep it," he said. ", | Special to The (Monroe, La.) I would never spend a penny, he told the News-Star. But now, he was about to find out. It was by far the most exciting thing that had happened at the bank in a while! Anders sheepishly laughed with her before pleading with her again. 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. It was a reminder to me to always be thankful," he added. "I would never spend a penny," he told the Star. It seems like Anders' steady patience and consistent well-wishing has paid off for him. -- 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. Anders worried they would turn him away. Anders also added that his friend,Jack "Domino Kid" Brown, played a significant part in his penny collection. Not many people think too much of a penny it is just one cent. 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 extra bonus of income came just in time for him to pay a medical bill.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! To him, it was a small and simple quirky habit but over time, it didn't look so small anymore. I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful, Anders said. And you think we have the time to count half a million pennies for you? she laughed. This man had saved pennies for 45 years and just picked them up from the street. It all just started that one day when he found a penny in the street; he went on to collect more. And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. But the amount he eventually managed to collect was staggering. 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. But he still had some cash left over which he put towards a family trip and church donations. . 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. This means that on an average day, he had collected around 31 pennies. How To Determine And Measure Your Ring Size Accurately, Teen Charged With Major Drug Trafficking Has Been Let Off. October 29, 2015 By Coin Update 13 Comments. Anders kept his pennies in five-gallon plastic jugs. He watched over in-school suspended children and absolutely loved his job. 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. You also have the option to opt-out of these cookies. This cookie is set by GDPR Cookie Consent plugin. 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. Asian-American Affairs Reporter, HuffPost. It has long been said that time is the most valuable commodity. The process of counting took so much time because the coin bag had to be changed every 20 minutes after it would reach$50. Analytical cookies are used to understand how visitors interact with the website. Every penny he had, he kept. "We value his business, as we do all of our customers," he said. Nancy Bergeron/Ruston Daily Leader Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. "I wanted the inner satisfaction that God and I acquired this collection.". 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 ! 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. But Edmond Knowles did. By clicking Sign Up, I confirmthat I have read and agreeto the Privacy Policy and Terms of Service. He watched suspended kids and loved his job. Breanna Edwards. 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. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. The plastic jugs were hacked open by an ax and hammer. "But if we can help Anders with his endeavors, we are happy to do so.". Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. 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. "I would never spend a penny,"he said. Here was a man who certainly lived by the adage "See a penny, pick it up. 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. It took at least 5 hours to process his pennies through a coin-counting machine until the sum was revealed. 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! Who would have thought a penny a day could someday bring you $5k! Necessary cookies are absolutely essential for the website to function properly. Anders said he started collecting the coins in the late-1960s. It all just started that one day when he found a penny in the street; he went on to collect more. Man saves coins for 45 years, cashes in over $5,000 in pennies. 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. (Fox 14) A Louisiana man who collected pennies for almost half a . Everyone was staring at him.She looked at him in disbelief. 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. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. 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! It seems that this small habit was a touching way for Anders to strengthen his relationship with God. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper. It reportedly took five hours for machines to count all the change. 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. This material may not be published, broadcast, rewritten, or redistributed. But when they finally did, the actual amount Anders had saved all these years was incredible! Part of HuffPost News. 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. 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 collected pennies for 45 years until he had filled up . While that might not really be much if you count the years, it was already a huge sum considering he was just collecting pennies. He said Brown could only redeem his nickels with pennies and he could redeem his pennies only with nickels. 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 became convinced that spotting a lost or dropped. RUSTON, La. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. And they werent the only establishment to do so. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. As the years passed, Anders continued to collect his pennies until he successfully filled fifteen five-gallon plastic water jugs with nothing but pennies. I would guesstimate about half a million pennies?. Otha Anders started collecting pennies in the late 1960s. 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. But collecting pennies was more than a hobby for Anders. 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. And as he got older his connection to god only felt stronger for it. Even over 45 years, its hard to acquire a collection of over 500,000 pennies without a little help. A few people have the profitable habit of collecting coins over a long period of time and cashing them in for good money at the end. The bank employees looked at Anders rolling his containers in on dollys and stared at him in utter confusion. The pennies were then poured into the coin machine with small plastic buckets. "He did likewise with pennies for me.". "If I was at someones house and I found a penny, I would pick it up and I would keep it,"he said. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. I would break a dollar before giving up a penny.. When he finally took his collection over to the bank, tellers were staggered by the amount he had saved. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. The woman behind the counter looked at him in disbelief. You have to find 100 of them to get a dollar it is a lot of work. "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.
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