(Santa Ana, California) – Collectors Finance Corporation (CFC) has increased its loan-to-value rates to offer collectors and dealers additional cash for loans onPCGS-certified coins held as collateral.

“We’re now lending 75 percent of the value of PCGS-graded generic gold and vintage coins; 65 percent on certified modern coins; and 80 percent of metal value on certified bullion coins,” said Mike Lewis, President of CFC, a division of Collectors Universe, Inc. (NASDAQ: CLCT).

“Our key dealers requested that we increase our loan-to-value rates so they could have more opportunities to participate in the hot market for high-end, vintage coins. We’ve been able to increase these rates for coins because of their recent history of limited negative-price variability and their improved market liquidity.”

The interest rate charged by CFC is Prime Rate plus four percent, and loans can be made for a maximum term of one year.

For additional information, contact Mike Lewis at Collectors Finance Corporation by phone at (888) 469-2646 extension 375 or by e-mail at MLewis@collectors.com.

Collectors Universe, Inc. (Nasdaq: CLCT),  announced financial results for its third fiscal quarter of 2008 ended March 31, 2008.

For the third fiscal quarter of 2008, the Company reported net revenues of $10.9 million and a loss from continuing operations of $966,000, or $0.11 per diluted share. This compares to net revenues of $11.1 million and a loss from continuing operations of $68,000 or $0.01 per diluted share, for the third fiscal quarter of 2007. Results for the third quarter of fiscal 2008 reflect lower coin trade show revenues of approximately $950,000, reflecting one less trade show and more challenging conditions for trade show gold coin submissions in the quarter, due primarily to the rapid increase in gold bullion prices.

Operational and Financial Highlights for the third quarter:
* Despite a 10% decrease in coin revenues quarter-over-quarter, total revenues decreased by only 2% reflecting an 18% increase in our non coin and sportscards revenues.
* Jewelry revenues increased 30% quarter-over-quarter driven by colored gemstone volume increases.
* Reduced investment in diamond and gemstone grading business sales and marketing programs as we enter a more focused marketing phase.
* Reduced expenses in corporate general and administrative by 8% in 2008 March quarter compared to 2007 March quarter.
* A $0.25 cash dividend per common share for the quarter ended March 31, 2008, compared to $0.12 per common share for the same year ago quarter.

Michael Haynes, Chief Executive Officer, stated, “The coin revenues were down in our trade show business and not totally offset by increased revenues in our vintage and modern sectors. The trade shows business was adversely impacted by the considerable increase in gold prices, as a significant portion of the trade show business is associated with gold coins that trade with modest premiums over gold content. All other business segments, including our developing business segment in jewelry, reported higher revenues in the quarter as compared to the same quarter in the previous year. In addition, we began realizing increased operating efficiency in our corporate group which success we intend to expand into all of our operations.”

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PRECLUDES MILLER FROM SEEKING STATUTORY DAMAGES OF $10.5 MILLION

NEWPORT BEACH, Calif. — Collectors Universe, Inc. reported that on April 23, 2008, the California Supreme Court denied William Miller’s petition for review of the Appellate Court’s decision, issued in February 2008, that Miller is not entitled to statutory damages of $10.5 million against Collectors Universe.

As previously reported, Miller had argued that he was entitled, under California law, to statutorily prescribed damages of $750 for each alleged use of his name by Collectors Universe without his consent and that, since a jury at the trial of the case found that Miller’s name appeared on 14,060 authentication certificates issued by Collectors Universe, he was entitled to statutory damages of $750.00 times 14,060, or approximately $10.5 million in total. The Appellate Court ruled, instead, that the use of his name constituted, at most, a single violation of the statute in question and, therefore, Miller was entitled to no more than $750.00 in statutory damages. Miller then filed a petition with the California Supreme Court seeking a review by that Court of the Appellate Court’s decision.

As a result of the Supreme Court’s action to deny a review of the Appellate Court’s decision, if Miller decides to pursue his claims once again, his only option would be to file, on or before July 7, 2008 for a new trial to reinstate his statutory and common law claims as well as his claim for punitive damages. In any such new trial he would first have to prove that Collectors Universe violated his statutory or common law rights and, even if he succeeded in doing so, he would have to show how, if at all, he was damaged. He would not, however, be entitled to multiply $750.00 by the number of times, if any, that Collectors Universe used his name without his consent, as his measure of damages. The Company cannot predict whether Miller will seek a new trial.

NEWPORT BEACH, Calif., — Collectors Universe, Inc.  reported that two of its directors, A. Clinton Allen, Chairman of the Company, and Bruce A. Stevens have completed the requirements for Professional Director Certification from the Corporate Directors Group, which conducts member educational programs accredited by ISS Governance Services.

“Messrs Allen and Stevens’ completion of the Professional Director Certification further demonstrates our strong commitment to upholding sound corporate governance principles,” stated Collectors Universe’s Chief Executive Officer Michael Haynes. “As a matter of policy, we encourage our directors to participate in ISS certified director educational programs such as those offered by the Corporate Directors Group.”

Five other members of the Collectors Universe Board of Directors also are members of the Corporate Directors Group and participate in its ISS certified educational programs. (more…)

NEWPORT BEACH, Calif., Feb. 11 — Collectors Universe, Inc. , a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, diamonds and colored gemstones, today announced financial results for its second fiscal quarter of 2008 ended December 31, 2007.

For the second fiscal quarter of 2008, the Company reported net revenues of $10.0 million and a loss from continuing operations of $1.4 million, or $0.17 per diluted share. This compares to net revenues of $8.8 million and a loss from continuing operations of $180,000, or $0.02 per diluted share, for the second fiscal quarter of 2007. Revenues in the current second quarter benefited from $816,000 of product sales which are not an integral part of the Company’s on-going revenue generating activities. Results for the second quarter of fiscal 2008 include a charge of $822,000 to warranty expense related to the receipt of an unusually large number of grading warranty claims involving relatively high-value coins. (more…)