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Ruston man cashes in life savings in pennies

6 years 11 months 1 day ago Thursday, October 29 2015 Oct 29, 2015 October 29, 2015 12:53 PM October 29, 2015 in News
Source: Associated Press
By: APNewsNow
Image: Frededreia Willis/The News-Star

RUSTON - After more than 45 years of saving pennies, a Louisiana man decided it was time to cash them in. 

The News-Star reports that 73-year-old Otha Anders, of Ruston, took 15 five-gallon plastic water jugs full of the coins to the bank on Tuesday. His grand total: A deposit of $5,136.14 into his account. He says it will go toward a recent dental bill.


Anders says that after his first coin, his penny pile began to grow, so he ultimately stopped spending pennies. He says he made sure that in any purchase, his change contained at least three to four pennies. 

During the five-hour process of counting the pennies, the plastic jugs were hacked open with an ax and hammer. 

The pennies were then poured into the coin machine with small plastic buckets.

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