How much did the man who saved pennies for 45 years get?

Anders saved up an incredible $5,136.14 through collecting pennies for 45 years.

How much did Anders save in pennies?

"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." 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.

Who saved the most pennies ever saved?

NEW YORK (CNN/Money) - Benjamin Franklin once said a penny saved is a penny earned, but he probably didn't think of saving over a million of them. But Edmond Knowles did. The manager of Ed's Service Station broke the record of the largest ever single cash-in of pennies with 1,308,459, or $13,084.59.

What was the largest amount of pennies ever cashed in?

Sukie, a retired glass plant worker/supervisor from Barberton, Ohio, broke a national all-time record for the most pennies collected and cashed in at a Coinstar machine by a single customer, when he brought more than 1 million pennies to a Giant Eagle supermarket here.

How much money is wasted on pennies?

The government mints $8 billion worth of pennies each year. The Department of Treasury estimates $62 million worth of pennies — or 8 percent of what is produced — is “lost” each year.

Man Saved Pennies For 45 Years. Then He Cashed Them, Their Total Is Astounding

Is it illegal to melt a penny?

Many online debates have popped up over the legality of melting down U.S. coins. It is not illegal to melt, destroy, or modify any U.S. coins in the United States.

How much is 1 gallon of pennies worth?

$55. Yes, the 7771 pennies would have to be perfectly packed. That was just something I googled and not my calculation. If we had a contest, someone would need alot of pennies and settle on what to use for a gallon container.

How much is a 5 gallon jug of pennies worth?

If you fill a 5-gallon jug with pennies, they could be worth around $200 to $300.

How much is 1000000 pennies worth?

We'll save you from math: a million pennies is $10,000.

Who is Otha Anders?

Some penny obsessives believe the key to big money is in the copper coin. — -- Otha Anders is a true believer in the phrase “a pretty penny.” For 45 years, up until Tuesday, he was the proud owner of a collection containing over half a million of them.

How much are wheat pennies worth?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

How many pennies are in a 5 gallon jug?

An orange Home Depot five-gallon bucket has a volume of 1,639.91 cubic inches. That means 731.28 or 731 rolls of pennies could fit into each bucket. Each roll being . 275 of a pound would be 201.02 pounds of pennies, thus turning the bucket from leak protection to strongman competition prop.

How do I cash a lot of pennies?

Find a local bank or credit union branch and see if they accepts coins for cash. Go to a QuikTrip location and exchange coins for cash. Use coins to pay for purchases partially or fully at self-checkout kiosks. Use Coinstar machines and exchange coins for cash (11.9% fee) or a gift card (no fees)

What year pennies are worth money?

Look for all-copper pennies.

Old pennies made before 1982 are 95% copper, which gives them an inherent metal value. This translates to the pennies being worth more.

How many pounds are in a million pennies?

Each penny weighs about 2.5 grams. Thus, a million pennies weighs 2.5 million grams, or around 5,511 pounds.

How much is a jar of pennies worth?

Approximately 1200 pennies seems to the magical quantity for filling a 32oz jar. How much are they worth, you ask? In today's coin market, you'll pay approximately 7 cents for an average circulated Wheat Cent. So a pickle jar filled with Wheat Cents is worth approximately $84!

How many dollars is 80000 pennies?

$800 dollars.

How much is 5 gallons of nickels?

If we take the amount of cubic inches in a jug and divide by the amount of cubic inches in a nickle, the amount will be yielded 27483 nickles, can take a few away to spare the loss space assuming nickles are rigid. So, approximately 27300 assuming they are jumbled in or could be around 27400 if efficiently packed.

Will there be a 2023 penny?

Today it costs a little over 2 cents to make the “one cent piece,” so the United States Mint has decided that it will stop production of the penny. In late 2022, pennies will be phased out and the last batch of pennies will be minted in April 2023.

How much is a 2021 penny worth?

Most 2021 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 2021 penny with no mint mark and the 2021 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

How much is a copper penny worth 2021?

How Much Is A Copper Penny Worth 2021? The uncirculated condition is the only condition in which these coins sell for a premium. It is priced around $0.20 to buy a 2021 penny without a mint mark and $0.00 to buy a 2021 penny with a mint mark. A MS 65 grade for a 30 in uncirculated condition.

Is it illegal to rip money?

According to Title 18, Chapter 17 of the U.S. Code, which sets out crimes related to coins and currency, anyone who “alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens” coins can face fines or prison time.

Is Destroying dollar bills illegal?

In the United States, burning banknotes is prohibited under 18 U.S.C. § 333: Mutilation of national bank obligations, which includes "any other thing" that renders a note "unfit to be reissued".

Are pennies 100% copper?

Most of our coins are metal sandwiches. The outside layers are three-quarters copper and one-quarter nickel, and the "filling" is solid copper. Pennies are made of zinc coated with copper. Only nickels are one solid material—that same 75% copper/25% nickel alloy.