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
This wasn't the first time that Harrison was proven wrong by an expert he himself call
15 hours ago
Few people would have guessed that Kevin O'Leary had such a fun side to him.
16 hours ago
The four-time Mr. Olympia winner left some of the sharks awestruck with his physique.
18 hours ago
The entrepreneur was a charming woman who the sharks liked almost immediately.
20 hours ago
Ice creams and frozen desserts aren't the same thing, and brands have to advertise them accordingly.
21 hours ago
The contestant had no expectations at all coming into the show even on Christmas.
1 day ago
Vanna White and Ryan Seacrest introduced the 'bragging rights' edition for die-hard viewers.
1 day ago
Harrison didn't think much of the helicopter at first since it was badly mangled.
2 days ago
The shark wanted to work with entrepreneurs who would never take no for an answer in business.
2 days ago
The object in question was a letter written from the battlefield by legendary poet Walt Whitman.
2 days ago
Turns out that the expert had an original wanted poster for Booth, and Rick was interested in it.
2 days ago
Vanna White seemed worried when she learned what the former host had done.
3 days ago
Chumlee went out to handle the whole deal by himself and committed another blunder.
3 days ago
The movie in question is considered legendary and has the iconic Harrison Ford as the lead.
3 days ago
Their product would make life a lot easier for a lot of fitness enthusiasts, and the sharks saw that.
4 days ago
The painting's value had increased exponentially over the past century when the guest's parents got it.
4 days ago
The founder of Lumio had a decision to make when every investor wanted a piece of his company.
4 days ago
The player made a complicated-looking puzzle look like a walk in the park.
4 days ago
Even the expert had never seen such an iconic sporting trophy in front of him before.
4 days ago
Another contestant followed with a very absurd comparison that was not on the board as well.
5 days ago