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A 73-year-old Louisiana man reportedly deposited more than $5,000 in coins he had saved for 45 years so he could pay his dental bills.

This gives a new meaning to penny-pinching.

A 73-year-old Louisiana man reportedly deposited over $5,000 in pennies he’d saved for 45 years so he could pay a dental bill.

Otha Anders, of Ruston, made the $5,136.14 deposit at Ruston Origin Bank, The News-Star reported.

73-year-old Otha Anders, pictured, deposited over $5,000 in pennies he’d saved for 45 years so he could pay a dental bill

The deposit came in the form of 15 5-gallon water jugs full of pennies he has found over the years

It took five hours to figure out how many pennies there were

According to the newspaper, Anders’ deposit came in the form of 15 5-gallon water jugs.

There were 513,614 pennies total, Myarklamiss.com reported.

The pennies were brought in off a truck by Anders, bank workers, and Anders’ loved ones, the News-Star reported.



Jennie Cole, the bank’s vice president, told The News-Star that a machine was used to tally up the pennies.

She said: ‘Anders will inform us on where he wants the cashed-in money to be placed.’

According to The News-Star, it took five hours to figure out how many pennies there were.

Anders told the newspaper: ‘I would never spend a penny.

‘I would break a dollar before giving up a penny.’

The pennies were reportedly brought in off a truck by Anders, bank workers, and Anders’ loved ones

Jennie Cole, the bank’s vice president, told The News-Star that a machine was used to tally up the pennies

Anders, of Ruston, Lousiana, made the $5,136.14 deposit at Ruston Origin Bank (pictured)

He told the News-Star: ‘If I was at someone’s house and I found a penny, I would pick it up and I would keep it.



‘I will always tell the person that if it was a quarter, I would give it back, but since it is a penny, I’m keeping it.’

The News-Star reported Anders deposited his pennies, because they’re not covered by his homeowner’s insurance.

The newspaper said Anders began to save the one-cent coins 45 years ago, after he noticed a penny on the ground.

Anders told The News-Star: ‘I became convinced that spotting a lost or dropped penny was an additional God-given incentive reminding me to always be thankful.

‘There have been days where I failed to pray and more often than not, a lost or dropped penny would show up to remind me.’