“He saved pennies for 45 years—then finally cashed in” 🪙🚗 What started as a simple habit became a lifelong tradition. When Otto Anders brought his coin collection to the bank, no one expected the final total. See the story behind his 45-year penny project in the article below 👇
Between daily routines and responsibilities, people often find joy in hobbies that help them relax or unwind. For some, it’s sports or painting. For others, it might be something as simple as collecting things. One man in the United States found his escape in the smallest form of money—pennies.
Back in 1970, Otto Anders started collecting one-cent coins. What began as a small habit turned into a decades-long obsession. At first, he thought it would be fun to gather a little spare change. But over time, it became a personal tradition—something he truly enjoyed doing.
Soon, picking up pennies from the sidewalk or exchanging bills for coins at stores became part of his routine. Otto even visited beaches just to search for loose change. It became more than just a hobby—it was a way of life.
Years passed, and his collection kept growing. For 45 years, he filled box after box with pennies until he ran out of space to store them. Still, he never felt ready to cash them in. Friends often asked how much he had saved, but Otto didn’t know himself. He wasn’t doing it for the money—it was just something he loved.
Finally, after nearly half a century, he decided it was time to find out.
He loaded all the heavy boxes into his car and drove to the bank. When he arrived, the staff were shocked—they’d seen people trade in coins before, but never in this quantity. The coins were fed through a counting machine, and when the final total appeared, it surprised everyone: Otto had saved over $5,000.
Sure, it wasn’t a fortune. But considering that every coin was worth just a penny, the amount was impressive.
For Otto, it wasn’t really about the money. Still, he had always dreamed of taking a relaxing vacation but kept putting it off due to other expenses. This time, he decided he had earned it. After 45 years of saving, he treated himself to the break he’d long deserved—and started thinking about what new hobby he might try next.
Have you ever stuck with a hobby for years? Let us know in the comments what you’ve collected—or what your dream long-term project would be!