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 question might have been risky but everyone on the set seemed to have a great time with it.
1 day ago
Bonus Round winners are becoming few and far in between of late on the show.
1 day ago
The supermarket chain has never opened its doors on the festive day in the last five years.
1 day ago
This item was a favorite among shoppers, who were not happy when it was taken off the shelves
1 day ago
Reports suggest that the average price of a classic Thanksgiving meal has dropped considerably.
1 day ago
The government shutdown saw employment data being withheld, which is not an ideal situation.
2 days ago
The President does however have the people's confidence in issues such as immigration.
2 days ago
It was obviously a mistake without any malicious intent, and no one was slammed.
2 days ago
There are several other items on sale but these deals are a cut above the rest.
2 days ago
Despite an increase in supply, all is not well for people who seek affordable housing.
2 days ago
Harvey had his teeth out in laughter for several seconds before he regained his composure.
2 days ago
Many people are looking to cut expenses this holiday season and could fall into the trap.
2 days ago
This will make the members happy as the items in question are the store's staples.
3 days ago
Turns out that even after all these years, the 51-year-old is being paid by Fox.
3 days ago
High building prices and mortgage rates have dissuaded people from buying new homes.
3 days ago
Ahead of the holiday season, this is not the news that these people would have wanted to hear.
3 days ago
Steve Harvey could not hide his shock at the answer and made his feelings known to the contestant.
4 days ago
Milan Singh sparked an interesting debate over what is the actual value of a $100k salary in 2025.
4 days ago
Harvey then said that making people do that was one of his goals as a professional.
4 days ago