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Articles on May 13th, 2008

Collectors Universe Reports Third Quarter Financial Results

Collectors Universe, Inc. (Nasdaq: CLCT), recently announced their third fiscal quarter financial results for 2008. In year to date comparisons, their revenue totals increased by 6% over the same period of the prior year — $31.7 million for the nine months ended March 31, 2008, compared to $29.8 million.

At March 31, 2008, the Collectors Universe had working capital of $32.7 million and no long-term debt.

Collectors Universe reported net revenues of $10.9 million for the quarter and a loss from continuing operations of $966,000, or $0.11 per diluted share compared to net revenues of $11.1 million and a loss from continuing operations of $68,000 or $0.01 per diluted share for third fiscal quarter in 2007.

While there are many numbers to digest within the financial results, an interesting aspect was the Company reporting of lower coin trade show revenues of approximately $950,000.

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Austrian Mint Nine-Sided Silver Coin Celebrates 100th Birthday of Herbert von Karajan

The Austrian Mint celebrates the 100th anniversary of the birth of Herbert von Karajan, a 20th century musical giant, with a new nine-sided silver commemorative coin minted in Special Uncirculated and Circulation quality.

Austrian Mint Nine-Sided Silver Coin of Herbert von Karajan

This year Herbert von Karajan would have celebrated his 100th birthday. He was born on 5th April, 1908, in the city of Salzburg. To commemorate this great Austrian conductor the Austrian Mint in Vienna is issuing a 5 Euro silver coin on 7th May, 2008.

 

On the occasion of his death in 1989 the New York Times characterised Karajan as “probably the world’s best-known conductor and one of the most powerful figures in classical music.”

 

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