Collectors Universe Coin Division Establishes Exclusive Relationship With the Polish Mint
NEWPORT BEACH, Calif., Feb. 4 /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, today announced that its coin division, the Professional Coin Grading Service (PCGS), has contracted with Mennica Polska, the Polish Mint, to be the exclusive authentication and grading service for a selected number of the Polish Mint's newly issued gold and silver coins. In addition, the Polish Mint will serve as the exclusive submission center for Eastern European collectors and dealers to submit their modern and vintage coins for authentication and grading by PCGS.
Michael Haynes, the Chief Executive Officer of Collectors Universe, said, "Our PCGS brand is internationally recognized and we are pleased to have this opportunity to work with the Polish Mint for our mutual benefit. Not only will collectors of newly minted gold and silver commemorative Polish coins have the opportunity to buy these coins with PCGS certification directly from the Polish Mint, but Polish and Eastern European collectors and dealers will more easily be able to submit both vintage and modern Polish and other European coins for PCGS authentication and grading."
Tadeusz Steckiewicz, President and CEO of Mennica Polska, stated: "Mennica Polska is looking forward to partnering with PCGS in Eastern Europe on new commemorative modern issues as well as acting as a submission center for modern and vintage coins for our collectors and dealers. We are pleased to work with the leader and worldwide-recognized third-party independent grading service, PCGS, to assure not only a proactive and more transparent secondary market, but also to enhance some of the new offerings of Mennica Polska for the benefit of the collectors market."
About Collectors Universe
Collectors Universe, Inc. is a leading provider of value added services to the high-value collectibles and diamond and colored gemstones markets. The Company authenticates and grades collectible coins, sports cards, autographs, stamps, currency, diamonds and colored gemstones. The Company also compiles and publishes authoritative information about United States and world coins, collectible sports cards and sports memorabilia, collectible stamps, diamonds and colored gemstones. This information is accessible to collectors and dealers at the Company's web site, http://www.collectors.com, and is also published in print.
SOURCE Collectors Universe, Inc. - 02/04/2009