Collecting 101
Collectors Universe Named to Forbes ‘Best’ List
Collectors Universe Inc. has been named by Forbes magazine as one of America's Best Small Public Companies.
Collectors Universe is the parent company of many respected collectibles authentication and certification companies, including PSA/DNA.
Forbes listed Collectors Universe as No. 50 in its recentcompilation of 100 of America's Best Small Public Companies. According to Forbes, "These companies are the best-performing public companies in the U.S. with sales under $1 billion."
Since 1991, PSA experts have examined and certified more than 20 million trading cards, autographs and other entertainment and sports memorabilia with an estimated cumulative value of more than $1 billion. Collectors Universe is expected to reach the combined total of 50 million certified collectibles in early 2014.
"It's pretty awesome that a collectibles company gets recognized with such an impressive honor by such a prestigious financial publication. To me, this is in keeping with the widespread and mainstream acceptance of the collectibles market. Collectibles are fun, and as we all know, the money can be serious, too," said David Hall, president and co-founder of Collectors Universe.
Robert G. Deuster, Collectors Universe Chief Executive Officer, said the company was ranked by Forbes on return on equity, sales growth and earnings growth over the past year and the past five years.
"All of us at Collectors are proud of this recognition from Forbes, and it reinforces our belief we are offering the best service in the world for certifying and grading our customers' collectibles. Every day our team members work very hard to give our customers a great experience and deliver the assurance of the grading integrity and security they seek for their coin and sports memorabilia. Our company performance follows from the passion to deliver in this unique but global business," said Deuster.
Collectors Universe has a market cap of $144 million. The company has 250 employees and recorded revenues of $49 million in fiscal 2013.
