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Man collects an incredible amount after saving pennies for nearly 50 years

News - Nov 28, 2023
Man collects an incredible amount after saving pennies for nearly 50 years

A 73-year-old man from Louisiana has accumulated thousands of pennies throughout the years. He explained that he made a habit of never spending them when out and about.

The man collects an Incredible Amount After Saving Pennies for Nearly 50 Years. Image Credits: Frededreis Willis
The man collects an Incredible Amount After Saving Pennies for Nearly 50 Years. Image Credits: Frededreis Willis

Initially, he used a single jug as a repository for these pennies, but as the collection grew, one vessel was no longer sufficient. 

In fact, over a span of nearly 50 years, Otha ended up filling not just a second, but also a third, a fourth, and finally, a fifth jug with pennies.

He said: 'I would break a dollar before giving up a penny.' Image Credits: Frededreis Willis
He said: 'I would break a dollar before giving up a penny.' Image Credits: Frededreis Willis

In an interview with News Star, Otha shared: “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.”

Additionally, he also explained how he amassed so many pennies, Anders told the newspaper: 'I would never spend a penny.'

'I would break a dollar before giving up a penny.'

Man collects an incredible amount after saving pennies for nearly 50 years
Man collects an incredible amount after saving pennies for nearly 50 years

 Notably, students at the school where he taught also contributed to his collection by gifting him pennies. 

he maintained a policy of not accepting donations; he still preferred to swap out other coins for the pennies. 

He told the News-Star: 'If I was at someone's 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, I’m keeping it.'

He deposited over $5,000 in pennies he'd saved for nearly 50 years so he could pay a dental bill. Image Credits: Frededreis Willis
He deposited over $5,000 in pennies he'd saved for nearly 50 years so he could pay a dental bill. Image Credits: Frededreis Willis

Eventually, Osha decided to cash in his stash when he discovered that insurance wouldn't cover it.

So he loaded the 15 bottles of pennies into a truck and took them to the bank. Ultimately, Otha collected approximately 513,614 coins.

The total came to a whopping $5,136.14. Otha Anders of Ruston deposited the money into Ruston Origin Bank, the News Star reported.

The coins were allegedly taken from the truck by Anders, bank employees, and Anders' relatives.  Image Credits: Frededreis Willis
The coins were allegedly taken from the truck by Anders, bank employees, and Anders' relatives. Image Credits: Frededreis Willis

Then, the man reportedly deposited more than $5,000 in coins he had saved over nearly 50 years in a bank to pay his dental bills.

Watching the video below: