38 years of counting the pennies generates £7,182
Howard Lake | 24 June 2005 | News
The BBC reports that 62-year old Edmond Knowles has totted up the value of the one-cent (or penny) coins he has been collecting since 1966, and they came to £7,182.69.
If you’re ever wondered just how much a collecting tin can raise over the years, Edmond Knowles, a petrol station owner in Alabama, has a fair idea. His collection of 1,308,459 one-cent coins weighed 4 tons, and had to be stored in seven oil barrels.
Not that he was giving the money to charity. According to the BBC he was going to use the money “for his retirement, home repairs and medical expenses.”
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.