After over 5 hours of counting and processing pennies in a machine at the bank, Anders had a total of$5,136.14 worth 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. 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. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. Man cashes in pennies he's been saving for 45 years. 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. It takes four quarters, 10 dimes, 50 nickels, or 100 pennies to equal a dollar. His quirky hobby turned out to be a brilliant reminder of how much little things matter. But if we can help Anders with his endeavors, we are happy to do so.. (MyFoxBoston.com) -- Many people save spare change to cash in during rough financial times. However, thats not true for all coins. Legal Statement. Uh-oh, overstock: Wayfair put their surplus on sale for up to 50% off. And after acquiring over a half million of these coins, he finally cashed them in on Tuesday at Origin Bank. Thats what happened to the owner of a 1943-S Lincoln Wheat penny. -- 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. (Fox 14) A Louisiana man who collected pennies for almost half a . "We value his business, as we do all of our customers," he said. NEW YORK DAILY . 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. He had saved pennies for most of his life a whole 45 years. 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. Thats especially true when it comes to coins - but - only certain kinds of coins. 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. He couldnt believe it. This material may not be published, broadcast, rewritten, or redistributed. 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. 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. I never allowed anyone, not even my wife nor children, to give me pennies without being compensated, Anders told the site. 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. Otha Anders saved his first penny more than 45 years ago when he found it on the ground. 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. With the help of friends and family, Otha Anders wheeled in 15 water jugs full of pennies to the bank in Ruston. But the amount he eventually managed to collect was staggering. "I wanted the inner satisfaction that God and I acquired this 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. Otha Anders was a 73-year-old who worked with the Jackson School Board. 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! Hed been saving pennies he found on the street for 45 long years. Powered and implemented by FactSet Digital Solutions. Subscribe to our channel: http://bit.ly/FactsVerse Image Credits :Like this content? October 29, 2015 By Coin Update 13 Comments. 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. It has long been said that time is the most valuable commodity. In all, Anders had collected enough pennies to earn him over $5,000! You know you see pennies all over. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. 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. 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.". He approached the questionable expression behind the desk and asked them to cash his pennies in. It was actually his religion that started the penny collecting. 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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. Which side of value did they fall under? or redistributed. 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. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. But that's not all. Guy Who Saved Pennies For 45 Years Just Cashed Out. 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. Otha Ander was a supervisor on the Jackson School Board and was passionate about his job. La. Anders sheepishly laughed with her before pleading with her again. An error in the coin made it extremely valuable, and its value could only keep growing over time. To him, it was a small and simple quirky habit but over time, it didn't look so small anymore. 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. Part of HuffPost News. But now, he was about to find out. '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. 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. What if you collected pennies as a hobby? 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. But after collecting the one cent pieces for 45 years, you could have amassed a . But Anders says that he would never accept a penny from anyone, even his family, without giving them something in return. "Our exchange became competitive by each trying to outdo the other and consequently our collections; his nickels, my pennies began to multiply," he said. 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. But now, since Anders homeowner's insurance policy does not cover his collection, he has reluctantly turned them in to Origin Bank. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. Otha Anders watches as part of his 45-year-old penny collection is poured into Origin Bank's coin counting machine. Coins made of base metals, such as aluminum, have very little worth. Total Savings. The total came out to a whopping $5,136. "But if we can help Anders with his endeavors, we are happy to do so.". 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 set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. The two men could only redeem their preferred coins with an exchange; Anders got a penny for a nickel and vice versa. Their worth is even less still if the government issuing the coins no longer exists. Subscribe here:https://www.youtube.com/factsverse?sub_confirmation=1. So, he paid them for pennies? Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. As it turns out, he knew Anders quite well, Anders was a longtime, loyal customer who never gave them any problems so immediately knew they wanted to help him. Necessary cookies are absolutely essential for the website to function properly. It has long been said that time is the most valuable commodity. Share away, people! 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! 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.

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