After meticulously saving his pennies for the last 34 years, 78-year-old Eugene J. Sukie will cash them in for nearly $11,000 -- just in time for the holidays and his 79th birthday. Sukie, a retired glass plant worker/supervisor, has accumulated more than 3.5 tons of pennies, a collection he has stored by year, in paper rolls, inside approximately 575 cigar boxes piled high in the basement of his Barberton, Ohio home.And now the facts as reported by various main stream media outlets...
Eugene's first penny collection totaled $45, which he earned as a newspaper delivery boy and used to purchase a top-of-the-line Schwinn bicycle in 1939. He then embarked on another collection of pennies totaling $400, which he was able to use in 1970 to offset some of his daughter's wedding costs. At that point, Sukie became newly-inspired to collect one million of something and thought pennies would be a reasonable and affordable hobby. Mr. Sukie also collects souvenir playing cards, wooden pencils and Matchbox(R) cars. Sukie decided to hold onto a small collection of old U.S. Wheat pennies, which he did not cash in.
Coinstar estimates that there is more than $10.5 billion in change sitting idle in American homes. To date, the company has helped more than 245 million consumers turn more than $8.5 billion in change into spendable cash.
- Five tons, $10,480.
- 3.5 tons, $10480.13
- 3 1/2 decades of thrift, $10,480.13
- 1.4 million pennies
- "More than 4 tons", "more than 1.4 million pennies", "more than $14,000 worth of pennies"
Gee, I hope Coinstar machines are more accurate than the mainstream media.
UPDATE: This USA Today sheds a little light on the situation. It seems that maybe his entire collection was worth over $14K, but he turned in $10.4K in one fell swoop at the end, thereby setting the record.