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's a lady's robe. A robe from 1750 is a very rare robe. The only other ones I know of this type, you'd have to go to Beijing," the appraiser said.
3 hours ago
Harvey also got other hilarious answers, but nothing could match the woman's sass.
5 hours ago
The Gronkowski family is famous for their contributions to America's sporting culture.
6 hours ago
The expert said that the fossil was well preserved but still wasn't something extraordinary.
8 hours ago
The expert revealed that the jewel was from the late-Victorian era with an exceedingly rare stone.
1 day ago
"I wouldn't have gotten this one at all. I only got "of the curve," but that was it," a fan said.
1 day ago
All of the other sharks said no to the entrepreneurs, but Mr. Wonderful saw value in the product.
1 day ago
The contestant might not have expected to even be on stage, let alone play such a great game.
1 day ago
Everyone in the studio loved the four-legged superstar who stole the show for a few seconds.
2 days ago
The founder of "Eat Your Flowers"just couldn't refuse the offer despite having others on the table.
2 days ago
Rick Harrison had several doubts from the start, but they were all cleared later on by his friend.
2 days ago
A fan also commented that they almost fell off their chair after hearing Rosa's answer.
2 days ago
The guest had also brought a couple of personal telegrams sent by the Palace to the original owner.
2 days ago
"I don't understand how people are not paying attention to the last few plays," a fan said.
3 days ago
More than his product, it was his story and his sharpness that impressed every single shark.
3 days ago
The contestant was embarrassed, but his answer turned out to be on the board.
3 days ago
She was already emotional even before her husband even played the Bonus Round.
4 days ago
Fans on social media were livid and they did not shy away from expressing their disappointment.
4 days ago
Matt quoted $18,000 for 'Anne of Green Gables' but merely paid $25 while buying it.
4 days ago
Carl L. Shy, an Olympian and basketball player, later joined the LAPD and retired as a detective.
4 days ago