Collectors Universe Added to Russell 2000 Index

NEWPORT BEACH, Calif., July 02, 2019 (GLOBE NEWSWIRE) -- 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 that the Company was added to the Russell 2000^® Index, when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes, effective July 1, 2019.  Membership in the Russell 2000^® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000^® Index. The stock was also automatically added to the appropriate growth and value indexes.

“Inclusion in the Russell 2000 is recognition of our progress and the growth of our business over the last 12 months,” stated Joseph Orlando, President and Chief Executive Officer of the Company.  “We look forward to the additional visibility and exposure that the Company will have within the investment community that comes along with being part of the Russell 2000 Index.”

Russell US Indexes are widely used by investment managers and institutional investors for passive funds and investment products and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell US Indexes. Russell US Indexes are part of FTSE Russell’s suite of index offerings.

About Collectors Universe

Collectors Universe, Inc. is a leading provider of value-added services to the collectibles markets. The Company authenticates and grades collectible coins, trading cards, event tickets, autographs and memorabilia (“collectibles”).  The Company also compiles and publishes authoritative information about United States and world coins, collectible trading cards and sports memorabilia (“collectibles”) 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, and is also published in print.

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