What started out as a joke 35 years ago ended with a Massachusetts man paying off his mortgage using 62,000 pennies. "I've never saved anything other than pennies. And it started out as a whim. You know, a penny for the mortgage," Thomas Daigle told NBC affiliate WHDH-TV of Boston.From here.
Daigle, from Milford, Mass., recalled how, after signing the mortgage papers 35 years ago, he found a penny on the ground. He and his wife then joked about collecting pennies to pay off the loan -- and the rest is history.
Over the next 35 years, Daigle would roll pennies, 50 cents at a time. His bank found out the hard way just how much work that was -- it reportedly took tellers two days to unroll the penny cases.
The bank may have gotten the better part of the deal. The price of copper is so high that the melt value of a penny is higher than its 1 cent face value.
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