Document And Entity Information (USD $)	12 Months Ended
Document And Entity Information (USD $)	Jun. 30, 2014	Aug. 22, 2014	Dec. 31, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	COLLECTORS UNIVERSE INC
Document Type	10-K
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		8,863,291
Entity Public Float			$ 104,857,000
Amendment Flag	false
Entity Central Index Key	0001089143
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Current assets:
Cash and cash equivalents	$ 19,909	$ 18,711
Accounts receivable, net of allowance of $26 in 2014 and $27 in 2013	2,118	2,067
Inventories, net	1,888	1,656
Prepaid expenses and other current assets	1,367	964
Deferred income tax assets	1,719	1,328
Total current assets	27,001	24,726
Property and equipment, net	2,466	2,153
Goodwill	2,083	2,083
Intangible assets, net	1,272	1,477
Deferred income tax assets	2,204	2,003
Other assets	380	394
Non-current assets of discontinued operations	182	182
	35,588	33,018
Current liabilities:
Accounts payable	2,062	1,608
Accrued liabilities	2,817	2,121
Accrued compensation and benefits	4,139	2,680
Income taxes payable	851	760
Deferred revenue	2,645	2,345
Current liabilities of discontinued operations	849	802
Total current liabilities	13,363	10,316
Deferred rent	461	474
Non-current liabilities of discontinued operations	1,124	1,666
Stockholders’ equity:
Preferred stock, $.001 par value; 3,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $.001 par value; 20,000 shares authorized; shares outstanding: 8,861 in 2014 and 8,509 in 2013	9	9
Additional paid-in capital	78,011	74,578
Accumulated deficit	(57,380)	(54,025)
Total stockholders’ equity	20,640	20,562
	$ 35,588	$ 33,018

Consolidated Balance Sheets (Parentheticals) (USD $) Share data in Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Accounts receivable, allowance (in Dollars)	$ 26,000	$ 27,000
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	3,000	3,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	20,000	20,000
Common stock, shares issued	8,861	8,509
Common stock, shares outstanding	8,861	8,509

Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified

12 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2012

Grading, authentication and related services revenues

$ 60,571

^[1]

$ 49,090

^[1]

$ 48,359

^[1]

Cost of grading, authentication and related services

22,663

19,068

19,402

Gross profit

37,908

30,022

28,957

Operating expenses:

Selling and marketing expenses

9,106

7,407

6,844

General and administrative expenses

16,326

13,121

12,956

Total operating expenses

25,432

20,528

19,800

Operating income

12,476

9,494

9,157

Interest income, net

104

Other income (expense), net

(16)

Income before provision for income taxes

12,515

9,591

9,245

Provision for income taxes

5,081

3,803

2,425

Income from continuing operations

7,434

5,788

6,820

Income (loss) from discontinued operations, (net of income taxes)

(75)

(58)

(71)

Net income

$ 7,359

$ 5,730

$ 6,749

Net income per basic share:

Income from continuing operations (in Dollars per share)

$ 0.91

$ 0.72

$ 0.86

Income (loss) from discontinued operations, (net of income taxes) (in Dollars per share)

$ (0.01)

Net income per share (in Dollars per share)

$ 0.90

$ 0.71

$ 0.85

Net income per diluted share:

Income from continuing operations (in Dollars per share)

$ 0.90

$ 0.71

$ 0.85

Income (loss) from discontinued operations, (net of income taxes) (in Dollars per share)

$ (0.01)

Net income per share (in Dollars per share)

$ 0.89

$ 0.71

$ 0.84

Weighted average shares outstanding:

Basic (in Shares)

8,167

8,052

7,905

Diluted (in Shares)

8,247

8,101

7,987

Dividends declared per common share (in Dollars per share)

$ 1.30

[1]	Includes revenues of $3.8 million, $1.4 million, and $1.1 million generated outside the United States in fiscal years 2014, 2013 and 2012, respectively.

Consolidated Statements Of Stockholders' Equity (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Jun. 30, 2011	$ 8,000	$ 70,402,000	$ (45,340,000)	$ 25,070,000
Balance (in Shares) at Jun. 30, 2011	7,943,000
Issuance of shares for Coinflation.com		190,000		190,000
Issuance of shares for Coinflation.com (in Shares)	12,000
Exercise of stock options		572,000		572,000
Exercise of stock options (in Shares)	49,000
Stock-based compensation – options		3,000		3,000
Stock-based compensation – restricted stock		1,241,000		1,241,000
Stock-based compensation – restricted stock (in Shares)	103,000
Tax benefit (deficiencies) related to stock-based compensation		1,275,000		1,275,000
Net income			6,749,000	6,749,000
Dividends paid and accrued			(10,569,000)	(10,569,000)
Balance at Jun. 30, 2012	8,000	73,683,000	(49,160,000)	24,531,000
Balance (in Shares) at Jun. 30, 2012	8,107,000
Exercise of stock options		143,000		143,000
Exercise of stock options (in Shares)	25,000
Stock-based compensation – restricted stock	1,000	830,000		831,000
Stock-based compensation – restricted stock (in Shares)	378,000
Retirement of common stock		(14,000)		(14,000)
Retirement of common stock (in Shares)	(1,000)
Tax benefit (deficiencies) related to stock-based compensation		(64,000)		(64,000)
Net income			5,730,000	5,730,000
Dividends paid and accrued			(10,595,000)	(10,595,000)
Balance at Jun. 30, 2013	9,000	74,578,000	(54,025,000)	20,562,000
Balance (in Shares) at Jun. 30, 2013	8,509,000
Exercise of stock options		1,353,000		1,353,000
Exercise of stock options (in Shares)	114,000
Forfeiture of restricted stock		(186,000)		(186,000)
Forfeiture of restricted stock (in Shares)	(13,000)
Issuance of common stock		147,000		147,000
Issuance of common stock (in Shares)	10,000
Stock-based compensation – restricted stock		1,799,000		1,799,000
Stock-based compensation – restricted stock (in Shares)	241,000
Tax benefit (deficiencies) related to stock-based compensation		320,000		320,000
Net income			7,359,000	7,359,000
Dividends paid and accrued			(10,714,000)	(10,714,000)
Balance at Jun. 30, 2014	$ 9,000	$ 78,011,000	$ (57,380,000)	$ 20,640,000
Balance (in Shares) at Jun. 30, 2014	8,861,000

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
Consolidated Statements of Cash Flows (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 7,359,000	$ 5,730,000	$ 6,749,000
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations	75,000	58,000	71,000
Depreciation and amortization expense	1,256,000	1,044,000	825,000
Stock-based compensation expense	1,946,000	831,000	1,244,000
Provision for bad debts	25,000	8,000	2,000
Provision for inventory write-down	94,000	28,000	263,000
Provision for warranty	791,000	659,000	736,000
Loss (gain) on sale of property and equipment	4,000	(7,000)	(5,000)
Interest accrued on note receivables		(6,000)	(12,000)
Changes in operating assets and liabilities:
Accounts receivable	(95,000)	(318,000)	(239,000)
Inventories	(326,000)	589,000	(353,000)
Prepaid expenses and other	(402,000)	(151,000)	143,000
Deferred income taxes	(272,000)	764,000	1,843,000
Refundable income taxes			60,000
Other assets	15,000	(225,000)	24,000
Accounts payable and accrued liabilities	379,000	(274,000)	(232,000)
Accrued compensation and benefits	1,459,000	217,000	80,000
Income taxes payable	90,000	569,000	66,000
Deferred revenue	300,000	23,000	(92,000)
Deferred rent	(13,000)	27,000	51,000
Net cash provided by operating activities of continuing operations	12,685,000	9,566,000	11,224,000
Net cash used in operating activities of discontinued operations	(569,000)	(512,000)	(437,000)
Net cash provided by operating activities	12,116,000	9,054,000	10,787,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(1,166,000)	(1,020,000)	(1,052,000)
Proceeds from sale of property and equipment	7,000	37,000	50,000
Patents and other intangibles	(23,000)	(65,000)
Proceeds from sale of business	18,000	37,000
Capitalized software development costs	(191,000)	(28,000)	(248,000)
Purchase of Coinflation.com	0		(550,000)
Cash received from sale of net assets of discontinued operations		154,000	84,000
Net cash used in investing activities	(1,355,000)	(885,000)	(1,716,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options	1,354,000	143,000	572,000
Payments for retirement of common stock	(186,000)	(14,000)
Dividends paid to common stockholders	(10,731,000)	(10,801,000)	(10,355,000)
Net cash used in financing activities	(9,563,000)	(10,672,000)	(9,783,000)
Increase (decrease) in cash and cash equivalents	1,198,000	(2,503,000)	(712,000)
Cash and cash equivalents at beginning of year	18,711,000	21,214,000	21,926,000
Cash and cash equivalents at end of year	19,909,000	18,711,000	21,214,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Income taxes paid (refund), net	5,217,000	2,436,000	412,000
Effective September 13, 2011, the Company acquired Coinflation.com, as follows:
Intangible Assets: Website			740,000
Common Stock Issued at Fair Value			(190,000)
Cash Paid	$ 0		$ 550,000

Note 1 - Nature of Business

12 Months Ended

Jun. 30, 2014

Disclosure Text Block [Abstract]

Nature of Operations [Text Block]

1. Nature of Business

Collectors Universe, Inc. (“we,” “us,” the “Company,” “management” or “Collectors Universe”) is engaged in the business of providing third-party authentication, grading and related services for rare and high-value collectibles consisting of coins, trading cards, sports memorabilia and autographs. We authenticate and grade the quality of such collectibles for dealers, collectors and retail buyers and sellers of these collectibles. We also publish magazines that provide market prices and information for certain collectibles and high-value assets that are accessible on our websites. We sell advertising and earn commissions on those websites, and sell advertising in the magazines that we publish; own the CCE subscription business, which operates an online market for graded collectible coins for dealers who subscribe to this service; and promote, manage and operate the Long Beach Coin show. In June 2012, we sold the assets of our stamp grading and authentication business. The stamp grading and authentication business comprised revenues of $435,000 and an operating loss of $35,000 for fiscal year 2012, respectively. Due to the immateriality of the stamp authentication and grading financial results to the overall financial results of the Company, we have not classified the stamp authentication and grading results as discontinued operations.

Note 2 - Summary of Significant Accounting Policies

12 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP).

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of Collectors Universe, Inc. and its wholly owned subsidiaries. At June 30, 2014, such operating subsidiaries were Certified Asset Exchange, Inc. (CAE), Collectors Universe (Hong Kong) Limited, Collectors Universe (Shanghai) Limited, and Expos Unlimited, LLC. (Expos), all of which are ultimately 100% owned by Collectors Universe, Inc. All significant inter-company accounts and transactions have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that can affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results from continuing operations could differ from results expected on the basis of those estimates, and such differences could be material to our future results of operations and financial condition. Examples of such estimates that could be material include determinations made with respect to the capitalization and recovery of software development costs, the valuation of stock-based compensation awards and the timing of related stock-based compensation expense, the valuation of coin inventory, the amount and assessment of goodwill for impairment, the sufficiency of warranty reserves, the provisions or benefit for income taxes and related valuation allowances and adjustment to the fair value of our remaining lease obligations for our discontinued jewelry businesses.

Cash and Cash Equivalents

We consider all highly liquid investments with original maturities of three months or less at the date of purchase to be cash and cash equivalents.

At June 30, 2014, substantially all of our cash is deposited at two FDIC insured financial institutions. We maintain cash due from banks in excess of the banks’ FDIC insured deposit limits of approximately $17,900,000 at June 30, 2014. Cash in overseas bank accounts was approximately $1,300,000 at June 30, 2014.

Concentrations

Credit Risks. Financial instruments that potentially subject the Company to significant concentrations of credit risk at June 30, 2014 and 2013 consisted primarily of cash and cash equivalents and accounts receivables.

Cash Balances. At June 30, 2014 and 2013, the Company had funds of approximately $15,400,000 and $15,700,000 respectively, in money market accounts and funds. In addition, at June 30, 2014 and 2013, the Company had approximately $4,500,000 and $3,000,000 respectively, in a non-interest bearing bank account for general day-to-day operations.

Accounts Receivable. A substantial portion of accounts receivable are due from collectibles dealers. At June 30, 2014, one individual customer’s account receivable exceeded 10% of the Company’s total gross accounts receivable balance. The Company performs an analysis of the expected collectability of accounts receivable based on several factors, including the age and extent of significant past due accounts and economic conditions or trends that may adversely affect the ability of the debtors to pay their accounts receivable balances. Based on that review, management establishes an allowance for doubtful accounts, when deemed necessary. The allowance for doubtful accounts receivable was $26,000 and $27,000 at June 30, 2014 and June 30, 2013, respectively. Management will write-off accounts receivable balances when it is determined that there is no possibility of collection.

Customers. The authentication and grading of collectible coins and related services accounted for approximately 69%, 64%, and 66% of our net revenues for the years ended June 30, 2014, 2013 and 2012, respectively. In fiscal 2014, 2013 and 2012, five customers accounted for 14%, 14% and 12% of our authentication and grading services, respectively.

Suppliers. We purchase substantially all of the injection-molded parts, holograms and printed labels for our grading services from two suppliers. There are, however, numerous suppliers for these items and, as a result, it is possible to change suppliers without significant delay or cost to the Company. While there are numerous sources for injection-molded parts, these parts require a die to fabricate the part. The manufacturing of high-value precision dies can be a lengthy process and requires considerable expertise in their fabrication. Although we do not have back-up dies for some of our high-value volume injection-molded parts and we primarily rely on two suppliers for these requirements, we own the dies used to manufacture the parts, and we believe that the Company maintains sufficient inventory of parts to allow time for us to alternate between our two suppliers or to have a new supplier build parts, should the need to do so arise.

Fair Value of Financial Instruments

The carrying value of cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate their estimated fair values due to the short-term nature of such instruments.

Inventories

Our inventories consist primarily of (i) collectible coin inventories, and (ii) consumable supplies that we use in our authentication and grading businesses. Collectible coin inventories are recorded at estimated market value using the specific identification method. Consumable supplies are recorded at the lower of cost (using the first-in, first-out method) or market. Inventories are periodically reviewed to identify slow-moving items, and an allowance for inventory loss is recognized, as necessary. The allowance for inventory losses was $286,000 and $201,000 at June 30, 2014 and 2013, respectively. It is possible that our estimates of market value could change in the near term due to market conditions in the various collectibles markets served by the Company, which could require us to increase that allowance.

Property and Equipment

Property and equipment are stated at cost. Depreciation and amortization are provided using the straight-line method over the estimated useful lives ranging from three to five years. Leasehold improvements are amortized over the shorter of the estimated useful lives of the improvements or the term of the related lease. Coin reference sets are non-depreciable assets. Repair and maintenance costs are expensed as incurred.

Goodwill and Other Intangible Assets

The Company evaluates the carrying value of its goodwill and certain indefinite-lived intangible assets at least annually for impairment, or more frequently if facts and circumstances indicate that impairment may have occurred. Management formally evaluates the carrying value of its goodwill and other indefinite-lived intangible assets for impairment on the anniversary date of each of the acquisitions that gave rise to the recording of such assets or more frequently if a triggering event has occurred. We considered qualitative factors as part of the formal evaluation of the carrying value of goodwill. If qualitative factors are not applicable and the carrying value of a “reporting unit,” defined as an operating segment of an entity that contains goodwill, is determined to be less than the fair value of the reporting unit, there exists the possibility of impairment of goodwill. An impairment loss of goodwill is measured in two steps by first allocating the current fair value of the reporting unit to net assets and liabilities, including recorded and unrecorded other intangible assets to determine the implied carrying value of goodwill. The next step is to measure the difference between the carrying value of goodwill and the implied fair value of goodwill, and, if the implied fair value of goodwill is less than the carrying value of goodwill, we would record an impairment loss of goodwill calculated as the difference between the implied and carrying value amounts on the Consolidated Statements of Operations in the period in which the impairment is determined. No goodwill impairment was recorded in the three years ended June 30, 2014.

Capitalized Software

Software development costs are capitalized as part of intangible assets and amortized on a straight-line basis over its useful life of three years. Through June 30, 2014 and 2013, we had capitalized approximately $3,088,000 and $2,910,000, respectively, as capitalized software and recognized related accumulated amortization of $2,865,000 and $2,763,000. During fiscal years 2014, 2013 and 2012, the Company recorded amortization expense for capitalized software of approximately $115,000, $104,000 and $83,000, respectively. Planning, training, support and maintenance costs incurred either prior to or following the implementation phase of a project are recognized as expense in the period in which they occur. Management evaluates the carrying value of capitalized software to determine if the carrying value is impaired, and, if necessary, an impairment loss is recorded in the period in which the impairment is determined to have occurred.

Long-Lived Assets

The Company regularly reviews property and equipment and other long-lived assets, including certain identifiable intangibles, for possible impairment. This review occurs annually, or more frequently if events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable in full. If there is an indication of impairment to property, equipment or definite lived intangible assets, then management prepares an estimate of future undiscounted cash flows expected to result from the use of that asset and its eventual disposition. If these cash flows are less than the carrying amount of the asset, an impairment loss would be recognized to write-down the asset to its estimated fair value. The fair value would be estimated using the present value of the future cash flows discounted at a rate commensurate with management’s estimate of the business risks. As a result of the impairment of the Expos tradename recorded at June 30, 2011, the tradename was determined to have a finite life and effective July 1, 2011, the tradename is being amortized over a period of 10 years. No impairment loss was recorded in 2012 to 2014.

Revenue Recognition

We record revenue at the time of shipment of the authenticated and graded collectible to the customer, net of any taxes collected. Due to the insignificant delay between the completion of our authentication and grading services and the shipment of the collectible or high-value asset back to the customer, the time of shipment corresponds to the completion of our services. We recognize revenue for the sale of special coin inserts at the time the customer takes legal title to the insert. Many of our authentication and grading customers prepay our authentication and grading fees when they submit their collectibles to us for authentication and grading. We record those prepayments as deferred revenue until the collectibles have been authenticated and graded and shipped back to them. At that time, we record the revenues from the authentication and grading services we have performed for the customer and deduct this amount from deferred revenue. For certain dealers to whom we extend open account privileges, we record revenue at the time of shipment of the authenticated and graded collectible to the dealer. With respect to our Expos trade show business, we recognize revenue in the periods in which the shows take place.

A portion of our net revenues are comprised of subscription fees paid by customers for annual memberships in our Collectors Club. Those membership subscription fees entitle members to access our on-line and printed publications and, in some cases, to receive vouchers for free grading services during the membership period. Through the second quarter of fiscal 2012, we had recorded revenue for this multi-element service arrangement by recognizing the value assigned to the free grading vouchers of approximately 65% of the subscription fees as revenue in the month following the membership purchase. The balance of the membership fee was recognized as revenue over the life of the membership. We evaluated, at least semi-annually, the relative fair values of the deliverables and the percentage factors used to allocate the membership fees between the grading vouchers and the other services provided to members. In the third quarter of fiscal 2012, as a result of the upgrading of the Company’s accounting systems, which enables us to track separately the issuance and redemption of individual Collectors Club free grading vouchers, the Company began recognizing revenue attributed to the vouchers on a specific basis, to classify those revenues as part of authentication and grading fees rather than as other related service revenues and to classify unredeemed vouchers as deferred revenue. The balance of the membership fees continue to be recognized over the life of the membership. In the third quarter of fiscal 2013, the Company began to recognize revenue attributable to expired vouchers that had not been redeemed during the membership period.

We recognize revenues from coin sales when they are shipped to customers. Coin sales consist primarily of sales of collectible coins that we purchase pursuant to our coin authentication and grading warranty program. However, those sales are not considered an integral part of the Company’s ongoing revenue generating activities.

Shipping and Handling Costs

Shipping and handling costs incurred to return to our customers their collectibles property submitted to us for grading or authentication are recorded as costs of revenues, net of amounts received from such customers.

Warranty Costs

We offer a warranty covering the coins and trading cards that we authenticate and grade. Under the warranty, if any collectible that was previously authenticated and graded by us is later submitted to us for re-grading and either (i) receives a lower grade upon that re-submittal or (ii) is determined not to have been authentic, we will offer to purchase the collectible, or, in the alternative, at the customer’s option, pay the difference in value of the item at its original grade, as compared with its lower grade. However, this warranty is voided if the collectible, upon re-submittal to us, is not in the same tamper-resistant holder in which it was placed at the time we last graded it, or there is evidence that the holder was tampered with. We accrue for estimated warranty costs based on historical trends and related experience. We monitor the adequacy of our warranty reserves on an ongoing basis. Significant claims resulting from resubmissions receiving lower grades, or deemed not to be authentic, could result in a material adverse effect on our results of operations (see Note 8).

Advertising Costs

Advertising costs are expensed as incurred and amounted to approximately $394,000, $476,000 and $362,000 in the fiscal years ended June 30, 2014, 2013 and 2012, respectively.

Income Taxes

Deferred tax assets and liabilities are recorded for the future consequences of events that have been recognized in the Company’s financial statements or tax returns. Measurement of the deferred tax items is based on enacted tax laws. In the event the future consequences of differences between financial reporting bases and tax bases of the Company’s assets or liabilities result in a deferred tax asset, we evaluate the probability of realizing the future benefits comprising that asset and record a valuation allowance if considered necessary.

Accounting standards prescribe a recognition threshold and a measurement attribute for the financial statement recognition and measurement of the positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. A "more likely than not" tax position is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement, or else a full reserve is established against the tax asset or a liability is recorded. Interest and penalties accrued on uncertain tax positions are recorded in income tax expense. See Note 9 for further information concerning income taxes.

Foreign Currency

The Company has determined that the U.S. dollar is the functional currency for its French branch office and its Hong Kong and China subsidiaries. Based on this determination, the Company’s foreign operations are re-measured by reflecting the financial results of such operations as if they had taken place within a U.S. dollar-based economic environment. Fixed assets and other non-monetary assets and liabilities are re-measured from foreign currencies to U.S. dollars at historical exchange rates; whereas cash, accounts receivable and other monetary assets and liabilities are re-measured at current exchange rates. Gains and losses resulting from those re-measurements, which are included in income for the respective current periods, were not material.

Stock-Based Compensation

Stock-based compensation expense is measured at the grant date of an equity-incentive award, based on its estimated fair value, and is recognized as expense over the employee or non-employee director’s requisite service period, which is generally the vesting period of the award. However, if the vesting of a stock-based compensation award is subject to satisfaction of a performance requirement or condition, the stock-based compensation expense is recognized if, and when, management determines that the achievement of the performance requirement or condition (and therefore the vesting of the award) has become probable. If stock-based compensation is recognized due to a determination that a performance condition is probable, and management subsequently determines that the performance condition was not met in the expected vesting period, but the performance condition may be met in future periods, management would refine the period over which the remaining expense would be recognized. If management subsequently determines that the performance condition was not met, then all expense previously recognized with respect to the performance condition would be reversed.

The Company considers historical forfeiture experience to be one of several indicators of future forfeitures and the forfeiture rate was 0% in fiscal years 2012 to 2014, respectively.

For stock option grants, we estimate the fair value of each option using the Black-Scholes option-pricing model. Our determination of the fair value of such stock option awards is made as of the grant date using that option-pricing model, and that determination is affected by our stock price, as well as assumptions regarding a number of subjective variables. These variables include, but are not limited to, expected stock price volatility over the term of the awards, the expected term of the options, the dividend yield and actual and projected employee stock option exercise behavior. The Black-Scholes option-pricing model was developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because the Company’s employee stock options have certain characteristics that are significantly different from traded options, the Black-Scholes option-pricing model may not provide an accurate measure of the fair value of the outstanding stock options or be indicative of the fair value that would be paid in a willing buyer/willing seller market transaction. No stock options were granted in fiscal years 2012 through 2014.

Net Income Per Share

Basic net income per share is computed by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding during the periods presented. Diluted net income per share is computed by dividing net income attributable to common stockholders by the weighted-average number of common and common equivalent shares outstanding during the period presented assuming the exercise of all outstanding stock options and other dilutive securities. However, options with exercise prices that exceed the average market price of the Company’s common shares for the period for which the calculation of diluted net income per share is made are disregarded, because they are non-dilutive in their effect.

The following table sets forth the computation of basic and diluted net income (loss) per common share (in thousands except per share data):

	Year Ended June 30,
	2014			2013			2012
Income from continuing operations	$	7,434		$	5,788		$	6,820
Loss from discontinued operations (net of income taxes)		(75	)		(58	)		(71	)
Net income	$	7,359		$	5,730		$	6,749

Net income per basic share:
From continuing operations	$	0.91		$	0.72		$	0.86
From discontinued operations (net of income taxes)		(0.01	)		(0.01	)		(0.01	)
Net income per share	$	0.90		$	0.71		$	0.85

Net income per diluted share:
From continuing operations	$	0.90		$	0.71		$	0.85
From discontinued operations (net of income taxes)		(0.01	)		-			(0.01	)
Net income per share	$	0.89		$	0.71		$	0.84

Weighted-average shares outstanding:
Basic		8,167			8,052			7,905
Effect of dilutive shares		80			49			82
Diluted		8,247			8,101			7,987

Options to purchase shares of common stock and unvested restricted shares of common stock totaling 57,000, 160,000 and 110,000 for the years ended June 30, 2014, 2013 and 2012, respectively, were excluded from the computation of diluted income per share, as they would have been anti-dilutive. In addition, approximately 393,000 Performance-Based restricted shares were excluded from the computation of diluted earnings per share for the year ended June 30, 2014, because we had not reached the Performance Goals for those shares at June 30, 2014.

Comprehensive Income

The Company does not have any items of other comprehensive income requiring separate disclosure.

Recent Accounting Pronouncements

In July 2013, the Financial Accounting Standards Board (“FASB”) issued an Accounting Standards Update No. 2013-11 on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss or tax credit carryforward exists. Under the guidance, an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. The updated guidance is effective for fiscal years and interim periods within those years, beginning after December 15, 2013. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements.

In April 2014, FASB issued an Accounting Standards Update No. 2014-08 on the reporting of Discontinued Operations and Disclosures of Disposals of Components of an Entity. Under the guidance, a discontinued operation may include a component of an entity or a group of components of an entity, or a business or non-profit activity. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. Examples of strategic shift that has (or will have) a major effect on an entity’s operations and financial results could include a disposal of a major geographical area, a major line of business, a major equity method investment, or other major parts of an entity. The updated guidance requires additional disclosures for components that qualify for discontinued operations reporting and for those significant disposals that do not qualify for discontinued operations reporting. The updated guidance is effective for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements.

In May 2014, FASB issued an Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers: Topic 606 that affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition—Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and intangible assets within the scope of Topic 350, Intangibles—Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.

The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should: identify the contract(s) with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation.

For public companies, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the potential impact of adoption of this ASU on its consolidated financial statements.

In May 2014, FASB issued an Accounting Standards Update No, 2014-12 on the Accounting for Share-Based Payments when the term of an award provide that a performance target could be achieved after the requisite service period. The guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period, be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718, Compensation – Stock Compensation, as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. The updated guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Note 3 - Asset Acquisition

12 Months Ended

Jun. 30, 2014

Disclosure Text Block Supplement [Abstract]

Mergers, Acquisitions and Dispositions Disclosures [Text Block]

3. Asset Acquisition

In September 2011, we acquired the websites, website-related assets and domain names of Coinflation.com, which owned and operated websites, providing information on precious metal values and the intrinsic values of individual coins. Acquisition related costs of $27,000 were incurred and have been included in general and administrative expenses for fiscal 2012.

The following table summarizes the consideration paid and the assets acquired in the transaction (in thousands):

Cash	$	550
12,500 common shares of Collectors Universe, Inc.		190
Total Consideration	$	740
Allocated to:
Websites, website-related assets, domain names	$	740

The fair value of the common shares issued as part of the consideration paid was determined based on the closing market price of $15.17 on the acquisition date of September 13, 2011.

The cost of the website and related assets is being amortized over an estimated useful life of five years.

Approximately $322,000 of Coinflation.com revenue is included in net revenues in fiscal 2012, representing the revenues earned since the date of acquisition through June 30, 2012.

Note 4 - Discontinued Operations

12 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

4. Discontinued Operations

During fiscal 2009, the Board of Directors authorized the divesture and sale of GCAL, Gemprint and AGL (the “Jewelry Businesses”) and the currency grading business, the remaining assets and liabilities of which have been reclassified as assets and liabilities of discontinued operations on the Consolidated Balance Sheets as of June 30, 2014 and 2013. The Consolidated Statements of Operations for the fiscal years ended June 30, 2014, 2013 and 2012 present the results of operations for those discontinued operations and the Consolidated Statements of Cash Flows for the fiscal years ended June 30, 2014, 2013 and 2012 segregate the cash flows from discontinued operations from all other cash flow activities.

In fiscal 2009, the Company recorded loss accruals of $3,925,000 in connection with two leased laboratory facilities for GCAL and AGL that were leased through December 31, 2015 and 2017, respectively. The remaining obligations at June 30, 2014 and 2013 totaled approximately $1,795,000, and $2,295,000, respectively, of which June 30, 2014 obligation, $671,000 is classified as a current liability, and the balance of $1,124,000 is classified as a non-current liability in the company consolidated balance sheet. We will continue to review and, if necessary, make adjustments to the accruals on a quarterly basis.

The operating results of the discontinued businesses, which are included in the accompanying Consolidated Statements of Operations, were not material. At June 30, 2014 and 2013, the net liabilities of discontinued operations consist primarily of lease obligations payable through December 31, 2017.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1020-107759

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228

+ Details

Note 5 - Inventories

12 Months Ended

Jun. 30, 2014

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

5. Inventories

Inventories consist of the following (in thousands):

	June 30,
	2014			2013
Coins	$	552		$	513
Other collectibles		230			94
Grading raw materials consumable inventory		1,392			1,250
		2,174			1,857
Less inventory reserve		(286	)		(201	)
	$	1,888		$	1,656

The inventory reserve represents a valuation allowance on certain items of our coins and other collectibles inventories based upon our review of the current market value of such coins and collectibles.

Estimated market values of coins can be subjective and can vary depending on market conditions for precious metals, the number of qualified buyers for a particular coin and the uniqueness and special features of a particular coin.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

Note 6 - Property and Equipment

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

6. Property and Equipment

Property and equipment consist of the following at June 30 (in thousands):

	2014			2013
Coin reference sets	$	282		$	296
Computer hardware and equipment		2,307			1,985
Computer software		1,098			1,094
Equipment		3,943			3,278
Furniture and office equipment		1,015			975
Leasehold improvements		999			971
Trading card reference library		52			52
		9,696			8,651
Less accumulated depreciation and amortization		(7,230	)		(6,498	)
Property and equipment, net	$	2,466		$	2,153

Depreciation and amortization expense relating to property and equipment for fiscal 2014, 2013 and 2012 was $837,000, $640,000, and $481,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Note 7 - Goodwill and Intangible Assets

12 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

7. Goodwill and Intangible Assets

During the first quarter of fiscal year 2014, we completed our annual review of the carrying value of the goodwill acquired with the acquisitions of CoinFacts, Inc. (“CFI”) and Certified Coin Exchange (“CCE”), and, on the basis of those reviews, management determined that no impairments had occurred.

As a result of the impairment of the Expos in fiscal 2011, the Expos tradename was determined to have a finite life and is being amortized over a period of 10 years. At June 30, 2014, we performed our annual review of the carrying value of the goodwill of Expos and concluded that no further impairment had occurred.

The following table sets forth the carrying values of goodwill for those acquired businesses that are classified as continuing operations as of June 30 (in thousands):

	2014		2013
CoinFacts	$	515	$	515
Expos Unlimited		458		458
CCE		1,110		1,110
	$	2,083	$	2,083

Approximately $1.0 million classified as goodwill on the consolidated balance sheets at June 30, 2014 and 2013, respectively, is amortizable and deductible for income tax purposes over a period of 15 years.

The following table sets forth, by asset class, the amounts classified as other intangible assets, net, on the consolidated balance sheets as of June 30, 2014 and 2013 (in thousands):

	As of June 30, 2014							As of June 30, 2013
	Gross Book Value		Accumulated Amortization			Net Book Value		Gross Book Value		Accumulated Amortization			Net Book Value
Amortized Intangible Assets:
CUI:
Coinflation.com website	$	740	$	(407	)	$	333	$	740	$	(259	)	$	481
Patents and Trademarks		89		(8	)		81		65		(2	)		63
		829		(415	)		414		805		(261	)		544
Expos Unlimited:
Auctioneer relationships		150		(120	)		30		150		(105	)		45
Covenant not to compete		130		(130	)		-		130		(113	)		17
Customer database		230		(138	)		92		230		(92	)		138
Tradename		280		(84	)		196		280		(56	)		224
		790		(472	)		318		790		(366	)		424
CCE:
Customer lists		676		(398	)		278		676		(353	)		323
Capitalized Software		3,088		(2,865	)		223		2,910		(2,763	)		147
Indefinite life Intangible Assets:
CCE:Tradename		39		-			39		39		-			39
	$	5,422	$	(4,150	)	$	1,272	$	5,220	$	(3,743	)	$	1,477

Amortization expense was $419,000, $404,000, and $344,000 for the fiscal years ended June 30, 2014, 2013 and 2012, respectively. Estimated amortization expense for each of the five succeeding years and thereafter relating to intangible assets with definite lives, is as follows (in thousands):

Fiscal Year Ending June 30,
2015		405
2016		357
2017		162
2018		82
2019		82
Thereafter		145
	$	1,233

The weighted average amortization period remaining as of June 30, 2014, is approximately 4 years.

Intangible assets with finite lives are being amortized on a straight-line basis over their estimated useful lives, as follows:

	CUI		CCE		Expos		Capitalized Software
	(in years)
Website		5		-		-		-
Patents and tradenames		10		-		-		-
Customer relationships		-		15		10		-
Covenant not to compete		-		-		8		-
Auctioneer relationships		-		-		10		-
Tradename		-		-		10		-
Capitalized software		-		-		-		3

There have been no fair value re-measurements of financial assets or liabilities on a recurring or non-recurring basis at June 30, 2014 and 2013.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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Note 8 - Accrued Liabilities

12 Months Ended

Jun. 30, 2014

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

8. Accrued Liabilities

Accrued liabilities consisted of the following at June 30 (in thousands):

	2014		2013
Warranty reserve	$	1,569	$	1,155
Professional fees		77		59
Other		1,171		907
	$	2,817	$	2,121

Warranty reserve activity and balances related to fiscal years 2014, 2013 and 2012, were as follows
(in thousands):

Warranty reserve at June 30, 2011	$	641
Charged to cost of revenues		736
Payments		(379	)
Warranty reserve at June 30, 2012		998
Charged to cost of revenues		659
Payments		(502	)
Warranty reserve at June 30, 2013		1,155
Charged to cost of revenues		791
Payments		(377	)
Warranty reserve at June 30, 2014	$	1,569