As Congress weighs retiring the penny, collectors fight to keep it alive
As Congress weighs retiring the penny, collectors fight to keep it alive

With bipartisan support growing to end penny production, longtime collectors and small business owners say the coin still holds value.
Read the full article on CBS Money
Truth Analysis
Analysis Summary:
The article's accuracy is mixed. The core claim about bipartisan support for ending penny production is plausible but lacks direct verification from the provided sources. The article presents a balanced view by including perspectives from both sides of the debate (collectors and small business owners vs. those wanting to retire the penny), but the selection of these perspectives introduces a moderate bias.
Detailed Analysis:
- Claim:** "With bipartisan support growing to end penny production..."
- Verification Source #1: Fails to cover this claim.
- Verification Source #2: Supports the idea that the penny is "worthless" and implies a desire to end its production, but doesn't explicitly mention bipartisan support.
- Verification Source #3: Fails to cover this claim.
- Verification Source #4: Fails to cover this claim.
- Verification Source #5: Fails to cover this claim.
- Internal Knowledge:* It is generally known that there has been discussion about ending penny production due to its low value and high production cost. However, without a specific source confirming "bipartisan support," this claim remains unverified.
- Claim:** "...longtime collectors and small business owners say the coin still holds value."
- This claim is presented as a counterpoint and is plausible. The article suggests that collectors value the penny for its historical or collectible worth, and small business owners might find it useful for small transactions. However, the provided sources do not directly address this claim.
Supporting Evidence/Contradictions:
- Verification Source #2: Supports the general sentiment that the penny is economically inefficient ("worthless").
- Lack of Coverage: The provided sources do not directly confirm or deny the existence of bipartisan support for ending penny production or the specific views of collectors and small business owners.