Collectors Universe and Shop At Home Partner to Sell High-End Collectibles.Business Editors NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Sept. 8, 2000 Collectors Universe Inc. (Nasdaq:CLCT CLCT Calcite (lithological term) )(www.collectors.com) and Shop At Home Inc. (Nasdaq:SATH SATH Society for Accessible Travel & Hospitality SATH Shop At Home (stock symbol) SATH Sage Thrasher (bird species Oreoscoptes montanus) SATH Society for the Advancement of Travel for the Handicapped )(www.collectibles.com) today announced that they have entered into a partnership to sell high-end collectibles on the Shop At Home television program and the Shop At Home Web site, collectibles.com. The initial phase of the joint marketing effort will focus on two important markets: U.S. rare coins, and music and entertainment memorabilia. The first U.S. coin offering will air on Shop At Home's "The Vintage Show" Tuesday, September 12 from 3:00 a.m. to 5:00 a.m. Central Standard Time. Shop At Home will offer ten important U.S. coin rarities priced between $2,000 and $350,000. Each coin will come with a letter of authenticity and detailed description written and signed by Q. David Bowers Quentin David Bowers (born 1938) is considered the best-known and most noteworthy numismatist of the last 50 years. Beginning in 1953, Dave’s contributions to numismatics have continued uninterrupted and unabated to the present day. and David Hall David Hall may refer to:
Collectors Universe Chief Executive Officer David Hall said, "Shop At Home does a great job of selling collectibles to the public and it understands the collectibles markets better than any other TV seller. Until recently, most TV collectibles sales have been in the low to medium price range and have focused on items available in significant quantities. However, Shop At Home, with its large customer base and significant Web site tie-in, has had recent success in selling high-end, one-of-a-kind sports items. We believe its great customer base and Internet presence will also support sales of high-end coins, music and entertainment memorabilia, as well as other important collectibles. We believe this new adjunct to our business will open up a whole new market for high-end collectibles. We will also be supplying high-end collectibles to Shop At Home for their collectibles.com Web site." Shop At Home senior vice president of sports and collectible operations, Ron Cook, said, "This relationship allows us to attract a deeper and stronger audience and to greater expand our reach into the collectible community. We feel that with strong strategic partnerships such as these, "The Vintage Show" will undoubtedly be a tremendous success." About Shop At Home: Shop At Home Inc., a leader in converged technology, is a premier retailer of specialty consumer products, primarily collectibles, through interactive electronic media including broadcast, cable and satellite television and, increasingly, over the Internet. Shop At Home Network reaches over 60 million unique cable and satellite households and is the Nation's 13th largest television broadcaster, through its ownership of full power television stations in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Boston, Houston, Cleveland, Raleigh and Bridgeport, which is licensed to the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of market. Shop At Home also operates collectibles.com, a leading online site for the retail sale of collectibles products that features state-of-the-art technology from Oracle Corp. (Nasdaq:ORCL ORCL Oracle (stock symbol) ), and others to offer collectors a unique online shopping experience. Collectibles.com recently announced its first million dollar sales month, and has completed exclusive-to-the-Internet distribution agreements with more than 85 of the leading manufacturers and licensees of collectibles products. About Collectors Universe: Collectors Universe is the world's leading provider of grading and authentication services to the collectibles markets and one of the world's leading multi-market, multi-venue (Internet, telephone, and live) collectibles commerce providers. Collectors Universe grading and authentication services are an essential component of collectibles commerce and make sight-unseen collectibles e-commerce possible. Collectors Universe markets its online services through its own Web site (www.collectors.com) and co-branded sites with eBay (example: http://psacard.com/ebay//index.xhtml.) To date Collectors Universe has graded and authenticated 8.5 million coins, sportscards, stamps, and autographs with a total declared value of over $9 billion dollars. Collectors Universe market leading, dominant grading brands include PCGS PCGS Professional Coin Grading Service PCGS Placer County Genealogical Society (California) (Professional Coin Grading Service The Professional Coin Grading Service (PCGS) is a third-party appraisal service for grading rare coins. It determines the condition and authenticity of each coin it grades to provide consumers with an independent knowledgeable rating on which to judge the coin. ) and PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. (Professional Sports The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Authenticator). Collectors Universe market leading, dominant collectibles commerce brands include Bowers and Merena (Coins), Lyn Knight Currency Auctions, and Good Rockin' Tonight (rare records). Collectors Universe auction companies hold numerous price records including: the highest total for a coin auction ($20,400,000), the highest price paid for a rare coin ($4,140,000), the highest total for a currency auction ($6,500,000), and the highest price paid for a record ($38,500). The Collectors Universe award winning Web sites currently have 543,000 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. and over 7 million page views per month. This news release contains forward-looking statements that involve risks and uncertainties, including, but not limited to: acceptance by the collectibles market, a possible decline in the popularity and realized selling prices of some high-end collectibles, the limited availability of high-end collectibles and the risk that Internet based e-commerce providers could make exclusive arrangements with our competitors or other service providers. Certain of these risks and uncertainties, in addition to other risks, are more fully described in both companies' filings with the Securities and Exchange Commission (SEC). |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion