Collectors Universe to Report Third Quarter 2005 Earnings on May 9

Collectors Universe plans to launch a similar kiosk program for
both sports cards and stamps in the near future., headquartered in Salt Lake City, is a publicly traded
company listed on the NASDAQ National Market System and can be found online at
http://www.com,
and is also published in print. Those risks
and uncertainties include, but are not limited to:

* possible changes in general economic conditions or conditions in the
collectibles markets , such as a possible decline in the popularity of
some high-value collectibles, which could cause a reduction in
authentication and grading submissions and, therefore, also in the fees
we are able to generate;

* a lack of diversity in our sources of revenues and our dependence on
collectible coin authentication and grading for a significant
percentage of our total revenues, which makes us more vulnerable to
adverse changes in economic and market conditions, including declines
in the value of precious metals or recessionary conditions, that could
lead to reduced coin and other collectibles submissions, with a
resultant reduction in our revenues and income;

* our dependence on certain key executives and collectibles experts, the
loss of the services of any of which could adversely affect our ability
to obtain authentication and grading submissions and, therefore, could
harm our operating results;

* increased competition from other collectibles services companies that
could result in reductions in collectibles submissions to us or could
require us to reduce the prices we charge for our services;

* the risk that we will incur unanticipated liabilities under our
authentication and grading warranties that would increase our operating
expenses;

* the risk that new service offerings and business initiatives that we
may undertake will not gain market acceptance or will increase our
operating expenses and reduce our overall profitability or cause us to
incur losses;

* the risk that our strategy to exit the collectibles sales business and
focus substantially all of our resources on our authentication and
grading businesses will not be successful in enabling us to improve our
profitability over the longer term or to grow our existing businesses
or expand into new collectibles or high value asset markets; and

* the risk that we will not be successful in integrating into our
operations any new businesses we might acquire or commence or that
those businesses will not gain market acceptance or that our business
expansion may result in a costly diversion of management time and
resources and increase our operating expenses and, therefore, hurt our
profitability.

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Please allow extra time prior to the
call to visit the site and download the streaming media software required to
listen to the Internet broadcast., Collectors
Universe, Inc." Our
financial performance in the future may differ, possibly materially, from our
current expectations as set forth in the forward-looking statements contained
in this news release, due to a number of risks and uncertainties . Due to these and other possible
uncertainties and risks, readers are cautioned not to place undue reliance on
the forward-looking statements contained in this news release, which speak
only as of its date, or to make predictions about future performance based
solely on historical financial performance.

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, Collectors
Universe, Inc.
This information is accessible to collectors and dealers at the Company's web
site, http://www.

Collectors Universe and Overstock.com Auctions Announce Cooperative Programs

com
Auctions(TM) is expected to make the free program more accessible to
collectors . The Company
authenticates and grades collectible coins, sports cards, autographs and
stamps .

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collectors."

About Overstock.com Auctions is an online community of auction buyers and
sellers connected through their personal and business networks. Overstock.com.
212-983-1702 ext.

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The online archive of the broadcast will be
available within one hour of the live call.overstock.collectors .

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is a leading provider of value added services to
the high-value collectibles market.com Auctions
Overstock.

About Overstock.com

Media Relations:
Scott Blevins
801-947-3133
sblevins@overstock.

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The conference call will be held on Monday, May 9, at 8:00 AM Pacific /
11:00 AM ET. We also disclaim any obligation to update forward-
looking statements contained in this news release. This information is accessible to
collectors and dealers at the Company's web site, http://www.

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"
Our financial performance in the future may differ, possibly materially,
from our current expectations as set forth in this news release due to a
number of risks and uncertainties.com

Brandi Piacente
Investor Relations
The Anne McBride Co.com

For more information, please contact:

For Collectors Universe

Mike Lewis
Chief Financial Officer
Collectors Universe
949-567-1375
mlewis@collectors.

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com, "their services
will enhance the customer knowledge and confidence in our rapidly growing
listings of coins, sports cards, and other sports memorabilia.

"
The Company also announced the initiation of a data sharing relationship
with Overstock.com , Inc.
Overstock.com

Ivette Almeida
Media Relations
The Anne McBride Co.

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"We believe that these services will
increase the number of transactions on Overstock.com Auctions by providing a
more efficient and secure marketplace.com, Inc.

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Set Registry Kiosk(SM) for Coin Collectors Launched and Data Sharing Planned

NEWPORT BEACH, Calif.
"We are pleased to provide our Set Registry Kiosk and data sharing
arrangements to Overstock. The company offers its
customers an opportunity to shop for bargains conveniently, while offering its
suppliers an alternative inventory liquidation distribution channel.

Collectors Universe Forward-Looking Statements
This news release contains statements regarding our expectations about our
future financial performance which are "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995.

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com. is an online "closeout" retailer offering discount,
brand-name merchandise for sale over the Internet. All other trademarks are the property of
their respective owners.com

Investors
Kathryn Huang Hadley
801-947-3282
khuang@overstock.

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The Company authenticates and grades
collectible coins, sports cards, autographs and stamps.

Contacts:

Mike Lewis
Chief Financial Officer
Collectors Universe
949-567-1375
Email: mlewis@collectors.com.
Overstock.com, Inc. The Collectors Universe brands are among
the strongest and best known in their respective markets. 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.

209
ivette.com

For Overstock.

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com.
Set Registry(SM) is a free service offered by Collectors Universe through
its operating divisions of Professional Coin Grading Service (PCGS ),
Professional Sports Authenticator (PSA) and Professional Stamp Experts (PSE)
that provides collectors the opportunity to register their collections or sets
on the Company's Web site and then compare the quality and completeness of
their set with other similar registered sets. The launch of Set Registry Kiosk(SM) for coins on Overstock.
212-983-1702 ext.

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Overstock.

About Collectors Universe
Collectors Universe, Inc.

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A replay of the conference call will be available through May 23, 2005, by
dialing 800-642-1687 and entering access code 6061817.collectors . Those risks and uncertainties include, but
are not limited to: the occurrence of changes in general economic conditions
or conditions in the collectibles markets, such as a possible decline in the
popularity of some high-value collectibles, which could result in reductions
in the volume of authentication and grading submissions and, therefore, in the
fees we are able to generate; a lack of diversity in our sources of revenues
and our dependence on coin authentication and grading for a significant
percentage of our total revenues, which makes us more vulnerable to adverse
changes in economic and market conditions, such as declines in the value of
precious metals or recessionary conditions, that could lead to reduced coin
and other collectibles submissions, with a resultant reduction in our revenues
and income; our dependence on certain key executives and collectibles experts ,
the loss of the services of any of which could adversely affect our ability to
obtain authentication and grading submissions and, therefore, could harm our
operating results; increased competition from other collectibles services
companies that could result in reductions in collectibles submissions to us or
could require us to reduce the prices we charge for our services; the risk
that we will incur unanticipated liabilities under our authentication and
grading warranties that would increase our operating expenses; the risk that
new service offerings and business initiatives that we may undertake will not
gain market acceptance or will increase our operating expenses and reduce our
overall profitability or cause us to incur losses; the risk that our strategy
to exit the collectibles sales business and focus substantially all of our
resources on our authentication and grading businesses will not be successful
in enabling us to improve our profitability over the longer term or to grow
our existing businesses or expand into new collectibles or high value asset
markets; and. if we grow our business by acquiring any existing or commencing
any new authentication and grading businesses , the risks that we will be
unable to successfully integrate those businesses into our operations , that
those businesses will not gain market acceptance, or that business expansion
may result in a costly diversion of management time and resources and increase
our operating expenses. is a leading provider of value added services to
the high-value collectibles markets. The Company also compiles and publishes authoritative information
about collectible sports cards and sports memorabilia , United States and world
coins, and entertainment memorabilia.

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Additional information regarding these and other
risks and uncertainties that could affect our future financial performance is
contained in our Prospectus dated February 16, 2005 as filed with the
Securities and Exchange Commission pursuant to Rule 424(b) under the
Securities Act of 1933, as amended.com Auctions," commented Michael Haynes , Chief
Executive Officer of the Company.com
Auctions can be found at http://auctions.

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(Nasdaq: CLCT), the leading provider of value-added
authentication and grading services to dealers and collectors of high-end
collectibles, announced today that it will report its third quarter 2005
results on Monday, May 9, 2005 before the market open. Interested parties may participate in the conference call by
dialing 877-270-4101 for US/Canada participants and 706-634-1485 for all other
international participants, 5-10 minutes prior to the initiation of the call.

Forward Looking Information
This news release contains statements regarding our expectations about our
future financial performance which are "forward-looking statements" as defined
in the Private Securities Litigation Reform Act of 1995.com, Inc.com(R) is a registered trademark and Overstock. 208
bpiacente@annemcbride .com

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The Set Registry(SM) program now has nearly 29,000 sets registered, of
which more than 14,400 are coins through the PCGS division of Collectors
Universe.overstock. We also disclaim any obligation to
update forward-looking statements contained in this news release or in our
Prospectus dated February 16, 2005.

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The Company also
compiles and publishes authoritative information about United States and world
coins, collectible sports cards and sports memorabilia and collectible stamps . Such forward-looking statements include, but
are not limited to, statements regarding the timing of the launch of the Set
Registry and data sharing services, the benefits and features of the services ,
the growth of the auctions listings, and such other risks as identified in our
Form 10-K for the year ended December 31, 2004, and all our subsequent filings
with the Securities and Exchange Commission, which contain and identify
important factors that could cause the actual results to differ materially
from those contained in our projections or forward-looking statements.

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212-983 -1702 x208
Email: bpiacente@annemcbride. Forward-Looking Statements
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934.almeida@annemcbride.

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"Collectors Universe is a respected name in the collectibles industry,"
said Holly MacDonald-Korth, VP of Auctions at Overstock.com, Inc.

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The webcast of the conference call will be simultaneously broadcast live
over the Internet at http://www. (Nasdaq: CLCT), a leading provider of value-added
authentication and grading services to dealers and collectors of high-value
collectibles, today announced that it has launched the PCGS Set Registry
Kiosk(SM) for coins in association with the coin auction site at Overstock.com
(Nasdaq: OSTK) and has agreed to certain data sharing to enhance the
collectibles auction sites of Overstock.
Overstock.

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NEWPORT BEACH, Calif.

About Collectors Universe
Collectors Universe, Inc.com, and is also published in print. 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 the risks and uncertainties described above or in that Prospectus,
readers are cautioned not to place undue reliance on the forward-looking
statements contained in this news release, which speak only as of its date, or
to make predictions about future performance based solely on historical
financial performance.com Auctions so that both buyers and sellers in coins, sports
cards, sports memorabilia and stamps can more quickly and efficiently
communicate the details about a particular listing and the associated
certification of authenticity and quality. It offers 30%
lower fees, volume discounts and a simple listing process for sellers; for
buyers, it provides a trusted community of auction users.com Auctions(TM)
is a trademark of Overstock.

Additional information regarding these and other risks and uncertainties
that could cause our future financial performance to differ from our current
expectations is contained our Prospectus, dated February 16 , 2005, as filed
with the Securities and Exchange Commission pursuant to Rule 424(b) under the
Securities Act of 1933, as amended.com

Brandi Piacente
Investors Relations
The Anne McBride Co.

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