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…)

AGAIN REJECTS MILLER’S CLAIM TO STATUTORY DAMAGES OF $10.5 MILLION RULES THAT HE MUST PROVE DAMAGES AT TRIAL

NEWPORT BEACH, Calif., Feb. 5 /PRNewswire-FirstCall/ — Collectors Universe, Inc. (Nasdaq: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, and dealers of diamonds and colored gemstones, reported that on February 1, 2008 the Appellate Court issued its second decision in the William Miller case — after considering Miller’s petition for rehearing — again ruling that, contrary to Miller’s assertions, he is not entitled to statutory damages of $10.5 million.

As previously reported, Miller argued that he was entitled, under California law, to statutorily prescribed damages of $750 for each alleged use of his name made by Collectors Universe without his consent and that, since Miller claims that his 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. (more…)

(Long Beach, California) - A complete set of Type I Double Eagles, rare Hard Times tokens and the number one collection of early U.S. silver dollars in the PCGS Set RegistrySM will be displayed at the Long Beach Coin, Stamp & Collectibles Expo, February 14 - 16, 2008, in the Long Beach, California Convention & Entertainment Center, 100 S. Pine Ave.

Monaco Rare Coin of Newport Beach, California (www.zoomcoin.com)will exhibit a condition census set of U.S. $20 denomination gold coins struck from 1850 to 1866, including examples of the 1854-O, 1856-O and one of the two known 1861-P Paquet reverse specimens. The collection is valued at more than $5 million, according to Adam Crum of Monaco.

“The PCGS exhibit will showcase 107 varieties of Flowing Hair and Bust dollars from 1794 to 1803 from the collection of California radiologist, Dr. Robert D. Hesselgesser. He has added a number of new or upgraded coins in the past year, and his collection is the finest of its kind in the Professional Coin Grading Service’s registry,”said Ronald J. Gillio, Expo General Chairman.

Stack’s of New York City and Wolfeboro, New Hampshire (www.stacks.com) will display “The Old Time Dice-Hicks Cabinet” of rare, historic Hard Times and merchants’ tokens privately struck in the 1830’s and shortly afterward when circulating coins often were scarce. (more…)

NEWPORT BEACH, Calif., Jan. 7 /PRNewswire-FirstCall/ — 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, will present at the 10th Annual Needham Growth Conference being held January 8 - 11, 2008 at the New York Palace Hotel in New York City.

Collectors Universe Chief Executive Officer Michael Haynes will present at 1:30 p.m. ET on Wednesday, January 9th and host a 30-minute breakout session at 2:00 p.m. ET. A live and archived audio webcast of the presentation will be available on the Collectors Universe website at http://www.collectors.com under Investor Relations: Events and Presentations. The webcast archive will be available for 90 days. Read Full Story