Milford Man Pays Off Mortgage With 800 Pounds Of Pennies
BOSTON (CBS) – He says it became an obsession, but a 35-year-old dream became a reality for a Milford man as he paid off his mortgage with pennies.
“It started out as a joke,” says Thomas Daigle. “I said I’m going to pay the last mortgage payment off on this place in pennies.”800 pounds of pennies translates into roughly $1,400 (approximately 180 pennies to a pound, for those who are curious). If he had paid every mortgage payment in pennies, he would have needed 144 tons of pennies to make each payment. That's a lot of pennies! There's talk in the comments about whether he'd have been better off selling the pennies for scrap metal - apparently, pennies minted before 1983 had a lot more copper in them, so are actually worth over $0.03 each!
And the useless MArooned fact of the day: a one gallon wine bottle will hold $55 worth of pennies - yes, I've done this, so I know...
That is all.