‘Make cents out of this’: Man saves every coin he’s been given over five years

Impressive haul includes rare coins from across the Eurozone

Oliver O'Connell
New York
Tuesday 21 September 2021 16:11 BST
Comments
Five years worth of change
Five years worth of change (Reddit/Spoale94)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

An Austrian man saved every coin he was given as change over a five-year period posting a picture of the impressive haul online.

Inspired by his uncle who saved the same way on a smaller scale, he stored the coins in a 25 litre canister as he saved them. The resulting trove weighs 135lb (61.2kg).

The photo shows coins of all denominations from one, two, and five cents, up through ten, twenty, and fifty cents, and a slew of one and two euro coins.

Some commenters made guesses as to what the total amount might be, but were way off, with one person guessing €413.21, another €986, and another €2,500.

The actual amount was nearer €7,000 ($8,200)

Reddit user Spoale94 has not revealed what he will do with the proceeds of the haul, but answering questions on the platform, he appeared to be enjoying sorting through the pile by denomination.

Euro coins have a national design for each Eurozone country on one side, as well as the four micro-states of Andorra, Monaco, San Marino, and the Vatican.

So far he has discovered three Vatican coins and one from San Marino. He is also hunting for special commemorative coins.

He plans to deposit the trove into his bank account once he has sorted through it, saying that his bank in Austria allows unlimited coin deposits free of charge.

Five years worth of change as collected by an Austrian Reddit user
Five years worth of change as collected by an Austrian Reddit user (Reddit/Spoale94)

The post also sparked a debate about how he was able to save so many coins in an age of electronic transactions, with one commenter saying they had the reverse problem — a lack of coin accumulation.

However, in Germany and Austria cash is still king.

Others wanted to know why he didn’t invest the money as he collected the coins, depositing them in a high-interest account or stocks instead of storing them in the canister.

Nevertheless, others were inspired by his project and said they would start doing the same, but one commenter was unconvinced, quipping: “I’m trying to make cents out of this.”

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in