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
It seemed at one point that the contestant might have missed her chance to win big.
6 hours ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
6 hours ago
The city's law dictates that all businesses using such surveillance tech must make it public.
7 hours ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
11 hours ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
11 hours ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
13 hours ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
13 hours ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
18 hours ago
While the official website says contributions could grow over $1 million, the details are unclear.
1 day ago
Fans of the show loved what Jennings had discovered and made their feelings known.
1 day ago
The contestant took the advice of her man, who was in the studio audience.
1 day ago
Under this scheme, home buyers will have three years to pay the down payment.
1 day ago
The labeling error meant that the bottles did not show a lot number and expiration date.
1 day ago
The achievement puts the retailer in a list dominated by tech companies.
1 day ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
1 day ago
"That puzzle was not fair. But you know what is fair? Walking away with $47,000 in cash and prizes. She did great," a fan reacted.
1 day ago
Economists feel that Warsh's ability to retain the independence of the Fed will decide his legacy.
2 days ago
The contestant seemed nervous at one point but she absolutely nailed the game.
2 days ago
Gold has been touted as one of the safest assets to invest in given the current state of the world.
2 days ago
Scammers are getting highly innovative and the Super Bowl season is the best time for duping.
2 days ago