Collectors Universe, Inc. CLCT +0.61% , a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, today announced that it had certified its 50 millionth collectible on February 26, 2014.
“We opened our doors for business in February 1986 and we received 18,000 coins for grading that very first month, a number far in excess of what we expected. The next month we received 35,000 coins, and we have been growing steadily since. Now just a few weeks after our 28 anniversary of being in business, we’ve reached the 50,000,000th milestone because collectors and dealers worldwide have put their trust in the assurance and market liquidity that Collectors Universe’s expert, third-party grading and authentication provide,” said David Hall, President and Founder of Collectors Universe.
“They’ve come to us year-after-year to certify the authenticity of some of the world’s most valuable rare coins, trading cards, game-used baseballs, bats and other sports memorabilia, autographs and historical documents.”
Robert Deuster, Chief Executive Officer, added, “This milestone is a very significant one for Collectors Universe that reflects the success of the business since its founding in 1986 and the confidence collectors have in our services and brand which enhance the security and values of their collectibles.”