NEWPORT BEACH, Calif., March 29, 2021 – Collectors Universe, Inc. (the “Company”), a leading provider of value-added authentication and grading services to dealers and collectors of collectibles, today announced that it will be expanding its headquarters and operations facility by an additional 58,814 square feet to bring the total available space in Santa Ana, California to 184,439 square feet. Approximately half of the new space is adjacent to the existing facility and will be used for expanding its operations capacity, with the remaining space directly across the street for administrative and other support functions.
"With PSA continuing to experience explosive growth, coupled with excellent performance from our PCGS division, it was imperative that our Company have access to even more space to increase our operational capacity,” said Joseph J. Orlando, President and Chief Executive Officer of Collectors Universe. “Despite doubling our facilities just a few months ago to over 125,000 square feet, the previously acquired space has already been heavily utilized. This new space will ultimately help increase our throughput. The demand for our authentication and grading services has been unrelenting, which has led to longer turnaround times for our customers. We are committed to improving the customer experience, through investments in space, personnel and technology.”
Collectors Universe has hired approximately 250 new employees since October 2020.
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, 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, https://www.collectorsuniverse.com and is also published in print.