Massachusetts Man Pays Off Mortgage with Pennies

by The Associated Press Jul 6th 2012 10:25AM
Updated Jul 9th 2012 1:20PM
Massachusetts Man Pays Off Mortgage with PenniesMILFORD, Mass. -- A Massachusetts man who pledged to make the last mortgage payment on his home with pennies has fulfilled that promise.

After warning his bank, Thomas Daigle dropped off about 62,000 pennies weighing 800 pounds in two boxes for the final payment on the Milford home he and his wife, Sandra, bought in 1977.

He tells The Milford Daily News he just wanted to make his last payment on April 24 "memorable."

He started saving his pennies when he moved in.

The optician says his wife laughed whenever he would pick up a penny he found on the ground and say it was going to the mortgage.

Daigle says he's just glad to have the coins out of his house.

___

Information from: The Milford (Mass.) Daily News, http://www.milforddailynews.com/


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Learn about investing from the comfort of your own home.

Portfolio Basics

Take the first steps to building your portfolio.

View Course »

Investment Strategies

Learn the strategies you need to build a winning portfolio

View Course »
View All Courses

Add a Comment

Sign in »
*0 / 3000 Character Maximum

120 Comments

Filter by:
emath99

Now there's a guy who never took a wooden nickle.

July 18 2012 at 11:57 PM Report abuse rate up rate down Reply
nekotek

The bank must love him

July 10 2012 at 2:02 PM Report abuse rate up rate down Reply
Rich

I started saving all of my change, just the silver though, no pennies. I put them all in an empty milk jug. My first jug is almost full. Do you know that a gallon milk jug filled with all silver coins will hold over $750?

July 10 2012 at 11:24 AM Report abuse rate up rate down Reply
rbrown1959

My Uncle used to pick-up loose coins when he found them and I naturally followed his lead. "Free Money" as he called it. I still grab almost everyone I find. Its not much, but believe it or not, they do add up. After the pile gets large enough I run them to the bank. Usually its about once a year before I get enough to make a trip. Last time it was almost $50. Ben Franklin knew what he was talking about.!

July 10 2012 at 10:54 AM Report abuse rate up rate down Reply
ErinBliss

LOL! The bank couldn't do anything about it because he warned them in advance. Awesome!

July 10 2012 at 9:24 AM Report abuse rate up rate down Reply
Robert

love it !!!!!!! ha ha

July 10 2012 at 9:23 AM Report abuse rate up rate down Reply
demannmarine

If it was BOA, they would charge a cash counting fee!!!!! REALLY!!!!

July 09 2012 at 12:32 PM Report abuse rate up rate down Reply
1 reply to demannmarine's comment
gblank1603

As well they should

July 10 2012 at 8:01 AM Report abuse rate up rate down Reply
cactusj8

I have heard of women offering their bodies to loan officers, but a guy paying off a mort gage with his?

July 09 2012 at 9:56 AM Report abuse rate up rate down Reply
1 reply to cactusj8's comment
Joesph

what are you talking about?

July 10 2012 at 12:25 PM Report abuse rate up rate down Reply
Ezeestreet

Why is this still posted?? Old Story

July 09 2012 at 9:32 AM Report abuse +1 rate up rate down Reply
edbroske

Ill bet the bank made him count it all out or put his name and tele # on each roll

July 08 2012 at 9:30 PM Report abuse +1 rate up rate down Reply