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This Guy Saved Pennies For 45 Years. Then He Cashed Them In – And Their Total Is Astounding
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Staff at Rustin Origin Bank in Rustin, Louisiana, are unlikely to ever forget the day in October 2015 when Otha Anders arrived at their branch to make a deposit. Why? Because Anders wasn’t making an ordinary deposit. He was making a deposit of pennies. A lot of pennies.
In fact, Anders had so many pennies to deposit that transporting them to the bank required a truck, while actually bringing them into the premises needed a cart and a hand barrow. The whole operation also required the help of five friends and family members, and the coins were stored in 15 large water bottles, each with a capacity of five gallons.
Well aware that his penny stash was out of the ordinary, Anders had actually contacted the bank ahead of time to warn them. Speaking to ABC News, the bank’s senior vice president, Ryan Kilpatrick, said, “It’s shocking, for sure. I would say he’s done a lot of collecting over the years.”
Now in his mid-70s, Anders had 45 years prior decided to begin saving the pennies that came his way. As for the very first penny he saved, it was one he had found lying on the ground. Speaking to The News-Star in 2015, Anders said, “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 continued. For years, he had been happy to keep the pennies in his Ruston home. But in 2015 he learned that their total value meant they weren’t covered by his house insurance, so it was time to take them to the bank.
Anders had previously worked for the Jackson School Board as a supervisor looking after students who had been suspended from class. He recalled that the children would save up their pennies and that he would buy them to add to his collection. “But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated,” he recalled.
Anders singled out his old buddy Jack “Domino Kid” Brown as being particularly helpful with his coin-saving efforts. “Jack saved nickels as I saved pennies, and every nickel that passed through my hands, I would save for him. He did likewise with pennies for me,” the hoarder extraordinaire remembered. “Our exchange became competitive by each trying to outdo the other and consequently our collections. His nickels [and] my pennies began to multiply.”
Meanwhile, Anders displayed a certain ruthlessness in his penny-collecting habits. “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 told The News-Star.
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