Collectors Universe Announces Final Results of Tender Offer

NEWPORT BEACH, Calif., July 10 /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, today
announced the final results of its previously announced modified "Dutch
Auction" tender offer to purchase for cash up to 1,750,000 shares of its
common stock, $.001 par value (including associated preferred share purchase
rights), at a price per share of not less than $5.00 and not greater than
$5.40. The tender offer expired at 12:00 Midnight, Eastern Time, on July 2,
2009.

The Company has accepted for purchase 1,749,828 shares in the tender offer, at
a price of $5.00 per share, for a total cost of approximately $8,749,140,
excluding fees and expenses related to the tender offer. With completion of
the tender offer, the Company has approximately 7,408,516 shares outstanding.

Based on a final count by the Depositary for the tender offer, 4,691,743
shares were properly tendered and not withdrawn, including 3,948,248 shares at
a purchase price of $5.00 per share. The Depositary has advised the Company
that the final proration factor was approximately 43% for the tender offer.
Any "small lot" shares of common stock properly tendered and not withdrawn
will not be subject to proration.

The Depositary will promptly issue payment for the shares validly tendered and
accepted for purchase and will return all other shares tendered and not
accepted for purchase due to the proration or conditional tender provisions of
the tender offer.

B. Riley & Co., LLC served as the Company's financial advisor and information
agent for the offering. StockTrans, Inc. served as the Depositary.

About Collectors Universe
Collectors Universe, Inc. is a leading provider of value added services to the
high-value collectibles markets. The Company authenticates and grades
collectible coins, sports cards, autographs and stamps. The Company also
compiles and publishes authoritative information about United States and world
coins, collectible trading cards and sports memorabilia and collectible stamps
and operates its CCE dealer-to-dealer Internet bid-ask market for certified
coins and its Expos trade show and conventions business. This information is
accessible to collectors and dealers at the Company's website,
http://www.collectors.com, and is also published in print.

Forward-Looking Statements
This news release contains statements regarding our expectations, beliefs or
views about our future financial performance, which constitute
"forward-looking statements" as defined in the Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be identified by the use of
words such as "believe," "expect," "anticipate," "intend," "plan," "estimate,"
"project," or future or conditional verbs such as "will," "would," "should,"
"could," or "may."

Due to a number of risks and uncertainties to which our business is subject,
our future financial performance may differ, possibly significantly, from our
expected financial performance as set forth in the forward looking statements
contained in this news release. Information regarding those risks and
uncertainties, and their possible impact on our future financial performance,
include, but are not limited to, the risk that economic conditions in the
United States will not improve for some time and may even deteriorate further,
which could result in further reductions in the demand for our collectible
grading services and, consequently, in our revenues; the risk that our
strategy to offer new services in our continuing markets will not be
successful in enabling us to improve our profitability or may even cause us to
incur significant losses; and the risk that the commercial real estate market
in New York City will deteriorate further, in which case we may not be able to
sublease the offices and laboratory facilities in New York City within the
time period and for the rents currently expected, causing our rental payment
obligations to be significantly higher than currently expected.

Additional information regarding these risks and information regarding other
risks and uncertainties to which our business is subject is contained in our
Annual Report on Form 10-K for our fiscal year ended June 30, 2008 and our
Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 filed with
the Securities and Exchange Commission. Due to these risks and uncertainties,
readers are cautioned not to place undue reliance on the forward-looking
statements contained in this news release or in that Annual Report, which
speak only as of their respective dates. We also disclaim any obligation to
update or revise any of the forward-looking statements as a result of new
information, future events or otherwise, except as may be required by law or
NASDAQ rules.
Contact:
Joseph Wallace
Chief Financial Officer
Collectors Universe
949-567-1245
Email: jwallace@collectors.com

SOURCE Collectors Universe, Inc.

Joseph Wallace, Chief Financial Officer of Collectors Universe,
+1-949-567-1245, jwallace@collectors.com