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78 Year Old Man To Cash In His 10,000 POUNDS Of Pennies

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matcom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:09 AM
Original message
78 Year Old Man To Cash In His 10,000 POUNDS Of Pennies
<snip>

BARBERTON, Ohio — To describe Gene Sukie as “penny-wise and pound-foolish” would be seriously underestimating the man.

He has, after all, collected nearly 10,000 pounds of pennies in his lifetime — the greatest feat of spare change collecting yet recorded.

Today, it will all come to an end.

The retired glass-factory supervisor, 78, will cash in what remains of his record-setting collection of 1,407,550 pennies, worth $14,075.50, accumulated over 34 years.

“I didn't set out to set a record, but they add up,” Sukie says. “It was something I could save without hurting our household.”

Pennies saved from his childhood paper route paid for a $45 Schwinn bicycle in 1939. “Top of the line,” he says.

He cashed in his entire collection of 40,000 pennies in 1970 to pay for a daughter's wedding. After the ceremony, he started fresh with an empty cigar box.

Friends and family heard Sukie would make change. Co-workers would leave five pennies on his desk; he'd give them a nickel. A friend gave him his biggest stash: a trash can with more than $100 in pennies.

He collected pennies at a rate of 112 per day. “He'd give me dirty looks if I tried to make exact change at the grocery store,” says Violet, his wife of 57 years.

http://www.usatoday.com/printedition/news/20041116/a_pennies16.art.htm
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:14 AM
Response to Original message
1. Seems To Have Missed A Substantial Amount Of Interest
Making change to get pennies to put in boxes. Better a disciplined approach to throwing a buck or two extra a week in the bank. It'd be worth 3 times as much by now.
The Professor
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kick-ass-bob Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:16 AM
Response to Reply #1
2. damn economists!
I thought the same thing.
:crazy:
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dorktv Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:23 AM
Response to Reply #2
6. ah but could you use those dollars in the bank as protection?
putting $30 worth of pennies in a sock can do some damage!
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7th_Sephiroth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:29 AM
Response to Reply #6
8. $30 worth of pennies
would have more mass than a bowling ball
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ProfessorGAC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:37 AM
Response to Reply #6
11. That Would Have To Be One STRONG Sock
That sock would be able to absorb a small lake! Of course, when you hit someone in the head with it, you'd need that thick sock to soak up the blood.
The Professor
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HeeBGBz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:16 AM
Response to Original message
3. Rock on, Mr Sukie!
You don't need lightning to strike three times to let you know it's time to cash em in. While they are still good.
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Gyre Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:18 AM
Response to Original message
4. Good luck
finding somebody to roll all those! I just throw mine on the sidewalk.

Gyre
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Lavender Brown Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:19 AM
Response to Original message
5. that reminds me
I have to visit a coinstar machine or something. I have a ridiculous amount of change.
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YellowRubberDuckie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:42 AM
Response to Reply #5
12. We did that and ended up being able to take a vaca on the proceeds.
You might be pleasantly surprised.
Duckie
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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:27 AM
Response to Original message
7. 112 each and every DAY?
he had to have help. i'm "lucky" if i get as much as a dozen pennies in one day.

how do you get 112 a day unless, say, you ASK for all your pennies everytime you see a cash register?
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:32 AM
Response to Original message
9. Some of Those Pennies Must be Quite Old
maybe he's missing some numismatic value there.
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SlavesandBulldozers Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:35 AM
Response to Reply #9
10. numismatic
that's one i hadn't heard before.
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 11:37 AM
Response to Reply #10
15. That Would Mean Coin Collectors Value Them
He's been saving them for awhile, and some of them were probably old when he started. He might find some rare ones there if there were an easy way to check.
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shawcomm Donating Member (877 posts) Send PM | Profile | Ignore Tue Nov-16-04 10:43 AM
Response to Original message
13. With my luck
I'll end up behind this guy at the Coinstar when I take my small box of change.
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Commie Pinko Dirtbag Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-16-04 10:45 AM
Response to Original message
14. MUST... NOT... COPYCAT...
Edited on Tue Nov-16-04 10:47 AM by Commie Pinko Dirtbag
MUST... RESIST... NO... SEX... THREADS... NNNNNNNNG

AAAAAA it's stronger than me! I couldn't, I just couldn't.
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