ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Someone saved spare change for 80 long years — then they cashed them all in for a surprising fortune

While the man was hoping that he had amassed a small fortune, the total calculated by the machine was rather surprising.
UPDATED JAN 9, 2025
Representational image of a person collecting change (Cover image source: Getty Images | BackyardProduction)
Representational image of a person collecting change (Cover image source: Getty Images | BackyardProduction)

People assume that collecting spare change as a hobby can lead to a hefty payout in the long run. But that's not how things worked out for a man in the U.K., who held on to his spare change for 80 long years. While the man was hoping that he had amassed a small fortune, the total calculated by the machine was rather surprising.

A Person Holds Philippines Coins | Getty Images | stock photo
A Person Holds Philippines Coins (Image source: Getty Images | stock photo)

The Outcome of Hoarding Change for 80 Years 

The video clip that showed the coins being counted was posted on TikTok by the popular account @UK.Coin.Hunt. In the footage, the unnamed man could be seen sitting in a car with bags full of coins that were supposedly collected over 80 years.

The overlay text on the video reads, "Cashing in 80 years worth of loose change that I've saved." According to The Mirror, coins worth 1 pence, 2 pence, 50 pence, and even £1 (~$1.31) and £2 (~$2.62) were seen in the man's collection.  

Screenshots from the video | TikTok | @uk.coin.hunt
Screenshots from the video (Image source: TikTok | @uk.coin.hunt)

The man is then seen driving up to what seems like a coin-counting machine, before emptying the first bag of coins into it. After counting money from the first couple of bags, the machine flashes a total of £420.50 (~$549.84) on the screen. After this, the man unloads more coins into the machine, which displays the final count as £627.50 (~$819).

Screenshots from the video | TikTok | @uk.coin.hunt
Screenshots from the video showing the coins (Image source: TikTok | @uk.coin.hunt)

The amount was not much considering that the coins were collected for 80 years. But, one can assume that the video ended before the man could get all of his change counted.

However, viewers in the comments speculated that the user either made a mistake in typing the years. "Might have typed the text wrong might have meant 18 years or 8 years not eighty," @joeiroside.is.the wrote.

In a similar case, a man from Louisiana saved pennies for 45 years in a row. Otha Anders told local news outlets the News-Star, that it started when he once found a penny on the ground believing that it was a "gift from god."



 

Thus, he swore to save every penny he got and he even broke up dollar bills to keep as many pennies as he could. He collected tens of thousands of pennies and refused to cash in on them for decades.

During a coin shortage, the government was offering monetary incentives to those who cashed in pennies. However, Anders refrained from cashing in his coins as he was true to his belief. 

By 2015, Anders had collected 15 five-gallon plastic containers full of pennies. He still had no plans to encash, but he was forced to do so as his homeowner's insurance policy stopped covering his pennies.

Anders finally walked into his bank, with the gallons of pennies loaded on a truck. The Origin Bank in Ruston counted the coins for hours and credited a total of $5,136 into his account. This means that Anders had more than half a million pennies with him.

For more such videos, follow @UK.Coin.Hunt on TikTok

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
The U.S. economy is growing and failing to generate jobs at the same time.
21 hours ago
A World Economic Forum survey revealed that about 41% companies are planning to reduce their workforce.
23 hours ago
The TikTok user shared that the cost of 122 grocery items back then was just $155.
1 day ago
The cost of living adjustment (COLA) won't be as high as it is now in a year's time.
1 day ago
Mortgage rates have been falling in the last year, but the housing market hasn't done well.
1 day ago
The contestant was following the host's advice, but even he did not expect it to work so well.
1 day ago
A man's Walmart experience where an item that cost $12 online, surged to $29 at store, irks the internet
1 day ago
The Treasury Secretary also asked the Fed to go forward with an open mind in 2026.
1 day ago
The South provides a unique shot at affordable living, which is attractive to millions.
1 day ago
"Dan's big win was adding the vowel "I" to his letter combo. Congratulations on $40K!" a fan reacted.
2 days ago
President Trump said he would ask the Congress to 'codify' the ban and share more details soon.
2 days ago
The show also led to a surge of interest in several products that translated into rising sales.
2 days ago
The contestant had the best chance to win the car but her own choices cost her.
2 days ago
It turns out that a lot of Americans are not interested in or adept at doing hands-on work.
3 days ago
The player was able to match five of the six numbers, including the Powerball number.
3 days ago
The HHS Secretary urged Americans to consume healthy food, but their prices are the biggest problem.
3 days ago
The cookies were sold during December of last year and could lead to fatal instances.
3 days ago
"I'm not going to lie, that was a tough puzzle. Deceptively tough. Sorry about the loss! No shade to you for that one," a fan reacted.
3 days ago
Other users were also invested in the way the product turned out days later.
3 days ago
The President has a lot of work to do ahead of the Midterms for his party to do well.
3 days ago