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Otha Anders saved his first penny more than 45 years ago when he found it on the ground. The coin reminded him to pray and give thanks. Fifteen five-gallon plastic water jugs and half a million pennies later, Anders on Tuesday deposited $5,136.14 into his account to go toward a recent dental bill. Hit the jump to read more about this touching story.

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Andres, who is 73, explains why he started saving up pennies.

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.

He cashed in the coins to the Ruston Origin Bank, in Ruston, La. After that first coin, Anders said his penny pile began to grow and he ultimately stopped spending pennies and always made sure whenever he made a purchase, his change contained at least three to four pennies.

Bank Vice President Jennie Cole said it was not a typical day at the bank when Anders had his collection of pennies rolled in on a dolly, but Anders is a longtime customer who they wanted to help.

“We value his business, as we do all of our customers,” she said. “But if we can help Anders with his endeavors, we are happy to do so.”

As a supervisor for in-school suspended children for the Jackson School Board, Anders said his students learned about his penny fascination and would save them up to sell to him.

“But I never allowed anyone, not even my wife nor children, to give me pennies without being compensated,” he said. “I wanted the inner satisfaction that God and I acquired this collection.”

Anders said he has truly enjoyed looking at his penny collection to the extent that in the 1970s, when the U.S. government offered a $25 bonus for every $100 worth of pennies turned in, he refused to cash in his collection.

Five of Anders’ closest friends and family helped him and bank employees load the coins from the back of a pickup truck into the company’s coin room.

During the five-hour process of counting the pennies, the plastic jugs were hacked open with an ax and hammer.

The pennies were then poured into the coin machine with small plastic buckets.

Anders sat next to the machine watching his collection go down the counter and the bank workers come in to the change the coin bag every 20 minutes, since the coin machine bags need to be changed after every $50.

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