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. According to the . The manager of Ed's. 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. 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. In the 1970s, when the government was offeringa $25 bonus for every $100 worth of pennies turned in, he still refused to cash in his collection, as per USA Today. 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. 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. Your health is important to us. That was the goal, but I couldnt stop. This penny reminded him to give thanks for the small but wonderful things that happen in life. The bank manager was rather surprised to see this old man carting in the water jugs filled with money. RUSTON, La. 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. However, thats not true for all coins. When the manager walked out to see who was causing all the ruckus, his face lit up at the sight of Anders. Powered and implemented by FactSet Digital Solutions. Anders sheepishly laughed with her before pleading with her again. 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. While he only deposited them when he found. But after collecting the one cent pieces for 45 years, you could have amassed a . You know you see pennies all over. This means that on an average day, he had collected around 31 pennies. "Anders will inform us on where he wants the cashed-in money to be placed," she said. As it was, the $5,136 worth of pennies took five hours for Origin Bank in Ruston, Louisiana, to count and process. Then, one day, he decided to turn in the loose change. But now, he was about to find out. 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. 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. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Finally Cashes Out. When Anders picked up his very first penny, he had no idea that hed continue picking them up for 45 years. Anders said he started collecting the coins in the late-1960s. (Fox 14) A Louisiana man who collected pennies for almost half a . But when they finally did, the actual amount Anders had saved all these years was incredible! The woman stared at him in shock. https://www.youtube.com/watch?v=Orav4IyjgtE. But as he speculated, he remembered reading about a coin collection that resulted in a fortune for the owner. During the five-hour process of counting the pennies, the plastic jugs were hacked open with an ax and hammer. 2023 FOX Television Stations, from WED 8:00 PM PST until THU 10:00 AM PST, Willapa Hills, from THU 4:00 AM PST until FRI 4:00 AM PST, West Slopes North Central Cascades and Passes, from THU 4:00 AM PST until FRI 10:00 AM PST, West Slopes North Cascades and Passes, from THU 4:00 AM PST until FRI 4:00 AM PST, East Slopes of the Washington Cascades, from THU 12:00 AM PST until THU 1:00 PM PST, Lower Columbia and I - 5 Corridor in Cowlitz County, from THU 4:00 AM PST until THU 10:00 PM PST, West Slopes South Central Cascades and Passes, from WED 11:00 PM PST until THU 8:00 AM PST, Western Whatcom County, Western Skagit County, Admiralty Inlet Area, FOX13 News | Seattle & Western Washington | Formerly Q13 News, Idaho murders: Bryan Kohberger leaks a 'huge issue' with 'potential to compromise' prosecution, lawyer warns, Idaho student murders suspect Bryan Kohberger could face death by firing squad under proposed law if convicted, Deputies: Theft suspect caught after GPS tracker hidden in stolen items, I didnt realize: Woman mistakenly eats heart-shaped chip that could have won her 100K, Armed suspects impersonate federal officers, rob elderly woman in Pierce County home, 'I wanted to be the best teammate'; First woman appointed as fire chief in King County, West Virginia governor signs new carry bill, allowing for guns on public college, university campuses, Prince Harry and wife Meghan asked to vacate royal home in UK. Anders continued to collect his pennies for 45 years until he successfully filled fifteen five-gallon plastic water jugs. Have you ever felt bogged down by the change in your wallet that feels like extra weight that you'll never get rid of? "I would break a dollar before I would spend a penny," he said. Anders collected pennies for 45 years until he had filled up . 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 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. Copyright 2021 Obsev.com All Rights Reserved, Man Who Saved Pennies For 45 Years Cashes Out. Anders saved up an incredible $5,136.14 through collecting pennies for 45 years. It squeaked and squawked as the wheels turned in pursuit. 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. It all just started that one day when he found a penny in the street; he went on to collect more. How would they be able to count all these pennies? Anders said, I would never spend a penny, I would break a dollar before giving up a penny. When the children he looked after figured out how important pennies were to him, they wanted to contribute. 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! This material may not be published, broadcast, rewritten, or redistributed. Even opening the jugs wasn't a simple task -- they were hacked open with an axe. Anders didnt know that after he picked up his first penny, more would keep appearing through his love. It was actually his religion that started the penny collecting. His quirky hobby turned out to be a brilliant reminder of how much little things matter. 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. Guess Who Her Dad Is. The coin reminded him to pray and give thanks. Soon his collection reached a full fifteen of them! These cookies will be stored in your browser only with your consent. "I would break a dollar before giving up a penny.". How many are there?, she asked. By this time, he had acquired over 15 5-gallon water jugs full of pennies, which were over half a million pennies in total! They were much heavier than youd think, and not to mention, there were fifteen of them! 73-year-old Otha Anders worked as a supervisor on the Jackson School Board. But now, since Anders homeowner's insurance policy does not cover his collection, he has reluctantly turned them in to Origin Bank. 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. Otha Anders, 73, does. 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. How would they be able to count all these pennies? AREVIK 25.12.2022 1.1k. The coin reminded him to pray and give thanks. Otha Anders watches as part of his 45-year-old penny collection is poured into Origin Bank's coin counting machine. But why? And with hundreds of thousands of coins, perhaps one had a valuable error. Nancy Bergeron/Ruston Daily Leader 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 ! -- 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. All rights reserved. An error in the coin made it extremely valuable, and its value could only keep growing over time. Man Cashes In 500,000 Pennies Collected Over 45 Years. What began as something fun turned into a full-blown obsession and an all-consuming hobby. However, Anders always made sure that every penny that came his way from others was compensated properly. Cole said the bank will then send the pennies off to the FDIC, and the bank will receive their credit for them. Little did he know, just how many gifts he was going to receive. He also always made sure that whenever he made a purchase with cash, his change contained at least three to four pennies. "I would never spend a penny," he said. The News-Star reports that employees at Ruston . And the kids seemed to love him too.Anders was a family man with a loving wife and children who supported his every move. This material may not be published, broadcast, rewritten, 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. Tell us your tales of coin collections if you have any,and don't forget to show this story to your friends as well! Do Not Sell or Share My Personal Information. 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. 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. Any penny he receives as change or anything he finds in his walks, he puts inside the 5-gallon water jugs. Anders and his friends hauled in the containers one by one. Employees gathered to see the first five-gallon container being counted. They remind him to stay thankful, he says. 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. Thats especially true when it comes to coins but only certain kinds of coins. But that's not all. How long has Otha Anders been saving his pennies? Its shocking, for sure, he said. 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. Otha Anders cashed in his giant penny collection. The machine bags had to be changed for every $50. Otha Anders, a 73-year-old from Ruston, Louisiana, has been collecting pennies for more than 45 years, ABC News reported. How To Determine And Measure Your Ring Size Accurately, Teen Charged With Major Drug Trafficking Has Been Let Off. 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. "Jack saved nickels as I saved pennies and every nickel that passed through my hands I would save for him," he said. Published: 10/28/2015 8:46:47 AM. Analytical cookies are used to understand how visitors interact with the website. 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