Collectors Universe (CLCT) 10-Q 4 Feb 15 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Dec. 31, 2014	Jan. 30, 2014
Entity Registrant Name	COLLECTORS UNIVERSE INC
Entity Central Index Key	1089143
Current Fiscal Year End Date	-24
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		8,884,280
Document Type	10-Q
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Amendment Flag	FALSE

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$17,150,000	$19,909,000
Accounts receivable, net of allowance of $26 at December 31, 2014 and June 30, 2014	2,562,000	2,118,000
Inventories, net	2,117,000	1,888,000
Prepaid expenses and other current assets	903,000	1,367,000
Deferred income tax assets	1,719,000	1,719,000
Total current assets	24,451,000	27,001,000
Property and equipment, net	2,291,000	2,466,000
Goodwill	2,083,000	2,083,000
Intangible assets, net	1,294,000	1,272,000
Deferred income tax assets	2,204,000	2,204,000
Other assets	359,000	380,000
Non-current assets of discontinued operations	182,000	182,000
Total Assets	32,864,000	35,588,000
Current liabilities:
Accounts payable	1,574,000	2,062,000
Accrued liabilities	3,019,000	2,817,000
Accrued compensation and benefits	2,705,000	4,139,000
Income taxes payable	763,000	851,000
Deferred revenue	3,089,000	2,645,000
Current liabilities of discontinued operations	890,000	849,000
Total current liabilities	12,040,000	13,363,000
Deferred rent	448,000	461,000
Non-current liabilities of discontinued operations	838,000	1,124,000
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $.001 par value; 3,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $.001 par value; 20,000 shares authorized; 8,884 and 8,861 issued and outstanding at December 31, 2014 and June 30, 2014, respectively.	9,000	9,000
Additional paid-in capital	78,872,000	78,011,000
Accumulated deficit	-59,343,000	-57,380,000
Total stockholders’ equity	19,538,000	20,640,000
Total liability and stockholders’ equity	$32,864,000	$35,588,000

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowance	$26	$26
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	8,884,000	8,861,000
Common stock, shares outstanding (in shares)	8,884,000	8,861,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Net revenues	$14,148,000	$13,550,000	$30,326,000	$27,717,000
Cost of revenues	5,067,000	5,286,000	10,863,000	10,536,000
Gross profit	9,081,000	8,264,000	19,463,000	17,181,000
Operating expenses:
Selling and marketing expenses	2,147,000	2,116,000	4,514,000	4,314,000
General and administrative expenses	4,288,000	4,049,000	9,277,000	7,913,000
Total operating expenses	6,435,000	6,165,000	13,791,000	12,227,000
Operating income	2,646,000	2,099,000	5,672,000	4,954,000
Interest income and other expense, net	-7,000	10,000	-2,000	24,000
Income before provision for income taxes	2,639,000	2,109,000	5,670,000	4,978,000
Provision for income taxes	971,000	871,000	2,220,000	2,082,000
Income from continuing operations	1,668,000	1,238,000	3,450,000	2,896,000
Income (loss) from discontinued operations, net of income taxes	-13,000	-23,000	9,000	-44,000
Net income	$1,655,000	$1,215,000	$3,459,000	$2,852,000
Net income per basic share:
Income from continuing operations (in dollars per share)	$0.20	$0.15	$0.41	$0.36
Income (loss) from discontinued operations (in dollars per share)	$0	$0	$0.01	($0.01)
Net income per basic share (in dollars per share)	$0.20	$0.15	$0.42	$0.35
Net income per diluted share:
Income from continuing operations (in dollars per share)	$0.20	$0.15	$0.41	$0.35
Loss from discontinued operations (in dollars per share)	($0.01)	$0	$0	$0
Net income per diluted share (in dollars per share)	$0.19	$0.15	$0.41	$0.35
Weighted average shares outstanding:
Basic (in shares)	8,339	8,144	8,333	8,130
Diluted (in shares)	8,519	8,225	8,511	8,191
Dividends declared per common share (in dollars per share)	$0.33	$0.33	$0.65	$0.65

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$3,459,000	$2,852,000
Discontinued operations	-9,000	44,000
Income from continuing operations	3,450,000	2,896,000
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Depreciation and amortization expense	671,000	569,000
Stock-based compensation expense	1,365,000	856,000
Provision for bad debts	0	2,000
Provision for inventory write-down	151,000	38,000
Provision for warranty	241,000	368,000
Gain on sale of property and equipment	-1,000	-3,000
Loss on sale of business	1,000	1,000
Change in operating assets and liabilities:
Accounts receivable	-448,000	-520,000
Inventories	-381,000	-121,000
Prepaid expenses and other	464,000	-260,000
Other assets	21,000	-9,000
Accounts payable and accrued liabilities	-480,000	507,000
Accrued compensation and benefits	-1,434,000	-153,000
Income taxes payable	-88,000	-213,000
Deferred revenue	444,000	5,000
Deferred rent	-13,000	-1,000
Net cash provided by operating activities of continuing operations	3,963,000	3,962,000
Net cash used in operating activities of discontinued businesses	-313,000	-289,000
Net cash provided by operating activities	3,650,000	3,673,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of property and equipment	2,000	7,000
Proceeds from sale of business	80,000	13,000
Purchase of business	-200,000	0
Capital expenditures	-275,000	-793,000
Capitalized software	-34,000	-57,000
Patents and other intangibles	-10,000	-8,000
Net cash used in investing activities	-437,000	-838,000
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options		292,000
Dividends paid to common stockholders	-5,468,000	-5,375,000
Payments for retirement of common stock	-504,000	-156,000
Net cash used in financing activities	-5,972,000	-5,239,000
Net decrease in cash and cash equivalents	-2,759,000	-2,404,000
Cash and cash equivalents at beginning of period	19,909,000	18,711,000
Cash and cash equivalents at end of period	17,150,000	16,307,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid during the period	0	0
Income taxes paid during the period	$2,305,000	$2,269,000

Note_1_Summary_of_Significant_

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1	SUMMARY OF Significant Accounting Policies
	Principles of Consolidation
	The accompanying unaudited interim condensed consolidated financial statements include the accounts of Collectors Universe, Inc. and its operating subsidiaries (the “Company”, “we”, “management”, “us”, “our”). At December 31, 2014, our operating subsidiaries were Certified Asset Exchange, Inc. (“CAE”), Collectors Universe (Hong Kong) Limited, Collectors Universe (Shanghai) Limited, and Expos Unlimited, Inc. (“Expos”), all of which are ultimately 100% owned by Collectors Universe, Inc. All significant intercompany transactions and accounts have been eliminated in consolidation.
	Unaudited Interim Financial Information
	The accompanying interim condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These interim condensed consolidated financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations, and Condensed Consolidated Statements of Cash Flows for the periods presented in accordance with generally accepted accounting principles in the United States of America (“GAAP”). Operating results for the three and six months ended December 31, 2014 are not necessarily indicative of the results that may be expected for the year ending June 30, 2015 or for any other interim period during such year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2014, as filed with the SEC (our “Fiscal 2014 10-K”). Amounts related to disclosure of June 30, 2014 balances within these interim condensed consolidated financial statements were derived from the aforementioned audited consolidated financial statements and the notes thereto.
	Reclassification
	s
	Certain prior period amounts have been reclassified to conform to the current period presentation.
	Revenue Recognition Policies
	We record revenue at the time of shipment of the authenticated and graded collectible to the customer, net of any taxes collected. Due to the insignificant delay between the completion of our grading and authentication services and the shipment of the collectible or high-value asset back to the customer, the time of shipment corresponds to the completion of our authentication and grading services. We recognize revenue for the sale of special coin inserts at the time the customer takes legal title to the insert. Many of our authentication and grading customers prepay our authentication and grading fees when they submit their collectibles to us for authentication and grading. We record those prepayments as deferred revenue until the collectibles have been authenticated and graded and shipped back to them. At that time, we record the revenues from the authentication and grading services we have performed for the customer and deduct this amount from deferred revenue. For certain dealers to whom we extend open account privileges, we record revenue at the time of shipment of the authenticated and graded collectible to the dealer. With respect to our Expos trade show business, we recognize revenue from each show in the period in which it takes place.
	A portion of our net revenues are comprised of subscription fees paid by customers for one year memberships in our Collectors Club. Those membership subscription fees entitle members to access our on-line and printed publications and, in some cases, to receive limited life vouchers for free grading services. We recognize revenue attributable to free grading vouchers on a specific basis and classify those revenues as part of grading and authentication fees. The balance of the membership fee is recognized over the life of the membership on a time-apportioned basis.
	We recognize product sales when items are shipped to customers. Product revenues consist primarily of collectible coins that we purchase pursuant to our coin authentication and grading warranty program. However, those sales are not considered an integral part of the Company’s ongoing revenue generating activities.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results from continuing and discontinued operations could differ from results expected on the basis of those estimates, and such differences could be material to our future results of operations and financial condition. Examples of such estimates that could be material include determinations made with respect to the capitalization and recovery of software development costs, the valuation of stock-based compensation awards and the timing of the recognition of related stock-based compensation expense, the valuation of coin inventory, the amount and assessment of goodwill for impairment, the sufficiency of warranty reserves, the provision or benefit for income taxes and related valuation allowances, and adjustments to the fair value of remaining lease obligations for our discontinued jewelry businesses. These estimates are discussed in more detail in these notes to Condensed Consolidated Financial Statements, in the Critical Accounting Policies and Estimates section of Item 2,
	Management’s Discussion and Analysis of Financial Condition and Results of Operations
	,
	contained elsewhere in this Report and in our Fiscal 2014 10-K.
	Goodwill and Other Long-Lived
	Assets
	We evaluate the carrying value of goodwill and indefinite-lived intangible assets at least annually, or more frequently if facts and circumstances indicate that impairment may have occurred. Qualitative factors are considered in performing our goodwill impairment assessment, including the significant excess of fair value over carrying value in prior years, and any material changes in the estimated cash flows of the reporting unit. We also evaluate the carrying values of all other tangible and intangible assets for impairment if circumstances arise in which the carrying values of these assets may not be recoverable on the basis of future undiscounted cash flows. Management has determined that no impairment of goodwill or other long-lived assets had occurred as of December 31, 2014.
	Foreign Currency
	The Company has determined that the U.S. Dollar is the functional currency for its French branch office and its Hong Kong and China subsidiaries. Based on this determination, the Company’s foreign operations are re-measured by reflecting the financial results of such operations as if they had taken place within a U.S. dollar-based economic environment. Fixed assets and other non-monetary assets and liabilities are re-measured from foreign currencies to U.S. dollars at historical exchange rates; whereas cash, accounts receivable and other monetary assets and liabilities are re-measured at current exchange rates. Gains and losses resulting from those re-measurements, which are included in income for the current periods, were not material.
	Stock-Based Compensation Expense
	Stock-based compensation expense is measured at the grant date of an equity-incentive award, based on its estimated fair value, and is recognized as expense over the employee or non-employee director’s requisite service period, which is generally the vesting period of the award. However, if the vesting of a stock-based compensation award is subject to satisfaction of a performance requirement or condition, the stock-based compensation expense is recognized if, and when, management determines that the achievement of the performance requirement or condition (and therefore the vesting of the award) has become probable. If stock-based compensation is recognized due to such a determination, and management subsequently determines that the performance condition was not met and will not be met in future periods, then all expense previously recognized with respect to the performance condition would be reversed.
	Stock Options
	No stock options were granted during the three and six months ended December 31, 2014 and 2013 and all remaining outstanding options were exercised in the three months ended December 31, 2014. The following table presents information relative to the stock options outstanding under all equity incentive plans as of June 30, 2014 and stock option activity during the six months ended December 31, 2014. The closing price of our common stock as of June 30, 2014 was $19.59.
			Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate
										Intrinsic
										Value
			(In					(yrs.)		(In Thousands)
			T
			housands)
	Options:
	Outstanding at June 30, 2014			50		$	17.82		0.43	$	88
	Exercised			(38	)	$	17.82		-		-
	Cancelled			(12	)	$	17.82		-		-
	Outstanding at December 31, 2014			-
	Restricted Stock Awards
	As previously reported, through June 30, 2014 the Company had issued 523,378 shares (net of forfeitures) under the Company’s Long-Term Incentive Plan (“LTIP”) with a grant date fair value of approximately $6,700,000. Based on the results achieved in fiscal 2014, a determination was made that the Company had achieved the Threshold Performance Goal and the Intermediate Goal #1 and therefore in accordance with the terms of the LTIP up to 25% of the LTIP shares will vest, of which 12.5% vested upon the determination that the goals had been achieved and 12.5% will vest on June 30, 2015, assuming continuous service by the LTIP participants. Through December 31, 2014, $1,445,000 of expense has been recognized related to the Threshold Performance Goal and Intermediate Goal #1 and an additional $225,000 will be recognized through June 30, 2015 assuming continuous service, such that by June 30, 2015, $1,670,000 of expense will have been recognized related to those performance goals.
	At September 30, 2014, based on the significantly improved level of operating income before stock based compensation in the first quarter of fiscal 2015 compared to the first quarter of fiscal 2014, we concluded that it was probable that the Company will achieve the Performance Goal #2 by June 30, 2015.
	In the three months ended December 31, 2014, an additional 18,957 restricted shares with a grant date fair value of $400,000 were issued, with a service inception date of November 19, 2014. The vesting of those shares is conditioned on the Company’s achievement of the same levels of operating income before stock based compensation as the LTIP participants through June 30, 2018, as indicated in the following table:
			Percent of LTIP
			Shares Vesting
	If in any fiscal year during the term of the Program:
	Intermediate Performance Goal #2 is Achieved		20%
	Intermediate Performance Goal #3 is Achieved		25%
	The Maximum Performance Goal is Achieved		55%
	In the second quarter of fiscal 2015, the Company continued to recognize expense on the assumption it was probable that the Company will achieve Performance Goal #2 by June 30, 2015. Therefore, the Company recognized stock-based compensation expense of approximately $162,000 and $823,000 in three and six months ended December 31, 2014, respectively related to that performance goal, representing the expense required to be recognized from the respective service inception dates through December 31, 2014.
	Through December 31, 2014 total stock based compensation recognized for the LTIP shares, since inception of the LTIP program, was approximately $2,268,000.
	It is considered too early at this time to determine if it is probable that the Company will achieve additional Performance Goals beyond Performance Goal #2 in fiscal 2015 or future periods. Management will continue to reassess at each reporting date whether any additional stock-based compensation expense should be recognized based on the probability of achieving additional milestones under the LTIP, and the period over which such stock-based compensation expense should be recognized.
	Concentrations
	Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable.
	Financial Instruments and Cash Balances.
	At December 31, 2014, we had cash and cash equivalents totaling approximately $17,150,000, of which approximately $13,437,000 was invested in money market accounts, and the balance of $3,713,000 was in non-interest bearing bank accounts for general day-to-day operations. Cash in overseas bank accounts was approximately $1,657,000.
	Substantially all of our cash is deposited at two FDIC insured financial institutions. We maintained cash due from banks, inclusive of cash in overseas accounts, in excess of the banks’ FDIC insured deposit limits of approximately $16,653,000 at December 31, 2014.
	Accounts Receivable.
	A substantial portion of accounts receivable are due from collectibles dealers. Two individual customers accounts receivable balances accounted for 10% of the Company’s total gross accounts receivable balances at December 31, 2014, whereas one customer receivable exceeded 10% of the Company’s total gross amounts receivable balance at June 30, 2014. Management performs an analysis of the expected collectability of accounts receivable based on several factors, including the age and extent of significant past due accounts and economic conditions or trends that may adversely affect the ability of debtors to pay their account receivable balances. Based on that review, management establishes an allowance for doubtful accounts, when deemed necessary. The allowance for doubtful accounts receivable was $26,000 at both December 31, 2014 and June 30, 2014. Ultimately, management will write-off accounts receivable balances when it is determined that there is no possibility of collection.
	Coin Revenues
	. The authentication, grading and sales of collectible coins, related services and product sales accounted for approximately 69% of our net revenues for the three and six months ended December 31, 2014, and 69% and 67% of our net revenues for the three and six months ended December 31, 2013, respectively.
	Customers.
	Five of our coin authentication and grading customers accounted, in the aggregate, for approximately 14% and 12% of our total net revenues in the six months ended December 31, 2014 and 2013, respectively.
	Inventories
	Our inventories consist primarily of (i) our coin collectibles inventories primarily consisting of coins which we purchased pursuant to our coin authentication and grading program and (ii) consumable supplies and special inserts that we use in our continuing authentication and grading businesses. Coin collectibles inventories are recorded at the lower of cost or estimated market value using the specific identification method. Consumable supplies are recorded at the lower of cost (using the first-in first-out method) or market. Inventories are periodically reviewed to identify slow-moving items, and an allowance for inventory loss is recognized, as considered necessary. It is possible that our estimates of market value of collectible coins in inventory could change due to market conditions in the various collectibles markets served by the Company, which could require us to increase that allowance.
	Capitalized Software
We capitalize certain costs incurred in the development and upgrading of our software, either from internal or external sources, as part of intangible assets and amortize these costs on a straight-line basis over the estimated useful life of the software of three years. In the three and six months ended December 31, 2014, approximately $39,000 and $78,000, respectively, was recorded as amortization expense for capitalized software compared to $27,000 and $52,000 in the three and six months ended December 31, 2013, respectively. Planning, training, support and maintenance costs incurred either prior to or following the implementation phase are recognized as expense in the period in which they occur. Management evaluates the carrying value of capitalized software to determine if the carrying value is impaired, and, if necessary, an impairment loss is recorded in the period in which any impairment is determined to have occurred.
Warranty Costs
We offer a limited warranty covering the coins and trading cards that we authenticate and grade. Under the warranty, if any collectible coin or trading card that was previously authenticated and graded by us is later submitted to us for re-grading and either (i) receives a lower grade upon that re-submittal or (ii) is determined not to have been authentic, we will offer to purchase the collectible or, in the alternative, at the customer’s option, pay the difference in value of the item at its original grade, as compared with its lower grade. However, this warranty is voided if the collectible, upon re-submittal to us, is not in the same tamper-resistant holder in which it was placed at the time we last graded it. We accrue for estimated warranty costs based on historical trends and related experience. We monitor the adequacy of our warranty reserves on an ongoing basis and significant claims resulting from resubmissions receiving lower grades, or deemed not to be authentic, could result in a material adverse impact on our results of operations. Effective July 1, 2014, the Company reduced its warranty accrual rate on coins and cards based upon a review of the overall level of warranty reserve and the trend in warranty payments over an extended period of time.
Dividends
In accordance with the Company’s current quarterly dividend policy, we paid quarterly cash dividends of $0.325 per share of common stock in the first and second quarter of fiscal 2015. (See note 12 Subsequent Events.) The declaration of cash dividends in the future is subject to final determination each quarter by the Board of Directors based on a number of factors, including the Company’s financial performance and its available cash resources, its cash requirements and alternative uses of cash that the Board may conclude would represent an opportunity to generate a greater return on investment for the Company.
Recent Accounting Pronouncements
In May 2014, FASB issued an Accounting Standards Update (ASU) No. 2014-09,
Revenue from Contracts with Customers: Topic 606
that affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605,
Revenue Recognition,
and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35,
Revenue Recognition—Construction-Type and Production-Type Contracts.
In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360,
Property, Plant, and Equipment,
and intangible assets within the scope of Topic 350,
Intangibles—Goodwill and Other)
are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.
The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should: identify the contract(s) with a customer, i
dentify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation.
For public companies, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the potential impact of adoption of this ASU on its consolidated financial statements.
In May 2014, FASB issued an Accounting Standards Update No, 2014-12 on the Accounting for Share-Based Payments when the term of an award provide that a performance target could be achieved after the requisite service period. The guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period, be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718,
Compensation – Stock Compensation,
as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved.
The updated guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The adoption of this guidance is not expected to have a material effect on the Company’s Condensed Consolidated Financial Statements.
In August 2014, FASB issued an Accounting Standards Update No. 2014-15 which addresses management’s responsibility in connection with preparing financial statements for each annual and interim reporting period, and requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. Management’s evaluation should be based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. The update provides guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosure. The guidance is effective for the annual period ending after
December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements and related disclosures.

Note_2_Inventories

Note 2 - Inventories	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Inventory Disclosure [Text Block]	2	INVENTORIES
	Inventories consist of the following (in thousands):
			December 31,			June 30,
			2014			201
						4
	Coins		$	574		$	552
	Other collectibles			145			230
	Grading raw materials consumable inventory			1,836			1,392
				2,555			2,174
	Less inventory reserve			(438	)		(286	)
	Inventories, net		$	2,117		$	1,888
	The estimated value of coins can be subjective and can vary depending on market conditions for precious metals, the number of qualified buyers for a particular coin and the uniqueness and special features of a particular coin.

Note_3_Property_and_Equipment

Note 3 - Property and Equipment	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	3	PROPERTY AND EQUIPMENT
	Property and equipment consist of the following (in thousands):
			December 31,			June 30,
			2014			2014
	Coins and stamp grading reference sets		$	282		$	282
	Computer hardware and equipment			2,341			2,307
	Computer software			1,103			1,098
	Equipment			4,164			3,943
	Furniture and office equipment			1,022			1,015
	Leasehold improvements			1,007			999
	Trading card reference library			52			52
				9,971			9,696
	Less accumulated depreciation and amortization			(7,680	)		(7,230	)
	Property and equipment, net		$	2,291		$	2,466

Note_5_Accrued_Liabilities

Note 5 - Accrued Liabilities	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	5	ACCRUED LIABILITIES
	Accrued liabilities consist of the following (in thousands):
			December 31,			June 30,
			2014			2014
	Warranty reserves		$	1,596		$	1,569
	Other			1,423			1,248
			$	3,019		$	2,817
	The following table presents the changes in the Company’s warranty reserve during the six months ended December 31, 2014 and 2013 (in thousands):
			Six Months Ended
			December 31,
			2014			2013
	Warranty reserve beginning of period		$	1,569		$	1,155
	Provision charged to cost of revenues			241			368
	Payments			(214	)		(171	)
	Warranty reserve, end of period		$	1,596		$	1,352

Note_6_Discontinued_Operations

Note 6 - Discontinued Operations	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	6	DISCONTINUED OPERATIONS
	During fiscal 2009, the Board of Directors authorized the divesture and sale of the jewelry businesses and the currency grading business, the remaining assets and liabilities of which have been reclassified as assets and liabilities of discontinued operations on the Condensed Consolidated Balance Sheets as of December 31, 2014 and June 30, 2014.
	The operating results of the discontinued businesses that are included in the accompanying Condensed Consolidated Statements of Operations were not material.
	The remaining balance of our lease related obligations in connection with the fiscal 2009 disposal of our jewelry business was $1,522,000 at December 31, 2014, of which $689,000 was classified as a current liability, and $833,000 was classified as a non-current liability in the accompanying condensed consolidated balance sheet at December 31, 2014. We will continue to review and, if necessary, make adjustments to the lease obligation accruals on a quarterly basis.

Note_7_Income_Taxes

Note 7 - Income Taxes	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Income Tax Disclosure [Text Block]	7	INCOME TAXES
	In the six months ended December 31, 2014 and 2013, we recognized provisions for income taxes based upon estimated annual effective tax rates of approximately 39% and 42%, respectively and such provisions include valuation allowances established against losses of foreign subsidiaries and in the six month ended December 31, 2013, a discrete amount of $42,000 related to prior year estimated taxes.

Note_8_Net_Income_Per_Share

Note 8 - Net Income Per Share	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Earnings Per Share [Text Block]	8	NET INCOME PER SHARE
	The following table presents the changes in the Company’s weighted average shares outstanding for the three and six months ended December 31, 2014 and 2013 (in thousands):
			Three Months Ended				Six Months Ended
			December 31,				December 31,
			2014		20		2014		2013
					13
	Weighted average shares outstanding: Basic		$	8,339	$	8,144	$	8,333	$	8,130
	Dilutive effect of stock options			-		8		3		20
	Dilutive effect of restricted shares			180		73		175		41
	Weighted average shares outstanding: Diluted			8,519		8,225		8,511		8,191
	A total of 93,000 and 113,000 options to purchase shares of common stock and unvested restricted shares of common stock for the three and six months ended December 31, 2013, respectively, were excluded from the computation of diluted income per share as they would have been anti-dilutive. There were no anti-dilutive options or restricted shares of common stock for the three and six months ended December 31, 2014.
	In addition, approximately 262,000 and 473,000 unvested performance-based restricted shares of common stock were excluded from the computation of diluted earnings per share for the three months ended December 31, 2014 and 2013, respectively, because we had not achieved the related performance goals at those dates.

Note_9_Business_Segments

Note 9 - Business Segments	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	9	BUSINESS SEGMENTS
	Operating segments are defined as the components or “segments” of an enterprise for which separate financial information is available that is evaluated regularly by the Company’s chief operating decision maker, or decision-making group, in deciding how to allocate resources to and in assessing performance of those components or “segments”. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s operating segments are organized based on the respective services that they offer to customers. Similar operating segments have been aggregated to reportable operating segments based on having similar services, types of customers, and other criteria.
	For our continuing operations, we operate principally in three reportable service segments: coins, trading cards and autographs and other collectibles. Services provided by these segments include authentication, grading, publications, advertising and commission earned subscription-based revenues and product sales. The other collectibles segment is comprised of CCE, Coinflation.com and our collectibles conventions business.
	We allocate operating expenses to each service segment based upon each segment’s activity level. The following tables set forth on a segment basis, including a reconciliation with the condensed consolidated financial statements, (i) external revenues, (ii) amortization and depreciation, (iii) stock-based compensation expense, and (iv) operating income for the three and six months ended December 31, 2014 and 2013, respectively. Net identifiable assets are provided by business segment consolidated total as of December 31, 2014 and June 30, 2014 (in thousands):
			Three Months Ended						Six Months Ended
			December 31,						December 31,
			20			20			2014			2013
			14			13
	Net revenues from external customers:
	Coins (including product sales)		$	9,777		$	9,412		$	20,883		$	18,762
	Trading cards and autographs			3,653			3,401			7,482			6,959
	Other			718			737			1,961			1,996
	Consolidated total revenue		$	14,148		$	13,550		$	30,326		$	27,717
	Amortization and depreciation:
	Coins		$	123		$	102		$	252		$	208
	Trading cards and autographs			50			30			100			52
	Other			83			80			167			163
	Total			256			212			519			423
	Unallocated amortization and depreciation			73			73			152			146
	Consolidated amortization and depreciation		$	329		$	285		$	671		$	569
	Stock-based compensation:
	Coins		$	88		$	93		$	261		$	143
	Trading cards and autographs			41			58			156			76
	Other			29			41			107			54
	Total			158			192			524			273
	Unallocated stock-based compensation			275			278			841			583
	Consolidated stock-based compensation		$	433		$	470		$	1,365		$	856
	Operating income:
	Coins		$	3,041		$	2,773		$	6,636		$	5,853
	Trading cards and autographs			755			447			1,527			1,090
	Other			179			195			512			631
	Total			3,975			3,415			8,675			7,574
	Unallocated operating expenses			(1,329	)		(1,316	)		(3,003	)		(2,620	)
	Consolidated operating income		$	2,646		$	2,099		$	5,672		$	4,954
			December 31,			June 30,
			2014			2014
	Identifiable Assets:
	Coins		$	6,613		$	6,636
	Trading cards and autographs			1,433			1,475
	Other			2,611			2,378
	Total			10,657			10,489
	Unallocated assets			22,207			25,099
	Consolidated assets		$	32,864		$	35,588
	Goodwill:
	Coins		$	515		$	515
	Other			1,568			1,568
	Consolidated goodwill		$	2,083		$	2,083

Note_10_Relatedparty_Transacti

Note 10 - Related-party Transactions	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	10	RELATED-PARTY TRANSACTIONS
	During the three and six months ended December 31, 2014, an adult member of the immediate family of Mr. David Hall, the President of the Company, paid grading and authentication fees to us of $269,000 and $649,000, compared with $438,000 and $713,000 for the three and six months ended December 31, 2013. At December 31, 2014, the amount owed to the Company for these services was approximately $82,000, compared with $79,000 at June 30, 2014.
	An associate of Richard Kenneth Duncan Sr., who as of October 3, 2014 was the beneficial owner of 6% of our outstanding shares, paid us grading and authentication fees of $213,000 and $541,000 in the three and six months ended December 31, 2014, as compared to $210,000 and $589,000 in the same three and six months of fiscal 2014. At December 31, 2014, the amount owed to the Company for these services was approximately $41,000, compared to $68,000 at June 30, 2014.
	In each case, these authentication and grading fees were comparable in amount to the fees which we charge, in the ordinary course of our business, for similar services authentication and grading services we render to unaffiliated customers.

Note_11_Contingencies

Note 11 - Contingencies	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Contingencies Disclosure [Text Block]	11	CONTINGENCIES
	The Company is named from time to time, as a defendant in lawsuits and disputes that arise in the ordinary course of business. Management believes that none of the lawsuits or disputes currently pending against the Company is likely to have a material adverse effect on the Company’s financial position or results of operations.

Note_12_Subsequent_Events

Note 12 - Subsequent Events	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Subsequent Events [Text Block]	12	SUBSEQUENT EVENTS
	On January 22, 2015, the Company announced that, the Board of Directors had approved an increase in the Company’s quarterly cash dividend to $0.35 per share of common stock from $0.325 per share, for an expected annual dividend of $1.40 per share. Such quarterly dividend of $0.35 per share will be paid on February 27, 2015 to stockholders of record on February 18, 2015.

Note_4_Business_Combination

Note 4 - Business Combination	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Business Combination Disclosure [Text Block]	4	BUSINESS COMBINATION
	In November 2014, we acquired the tradename, software and related assets (historical data and a non-compete with the previous owner) of Intelliquote (“IQ”), a brand name for pricing for the numismatic community, for cash of $200,000. The acquisition of IQ will enhance the Company’s CCE Quickprice offering and add to the Company’s positon as a leading service provider of valuable information and content to coin market participants.
	Due to the immateriality of the consideration paid, no formal purchase price allocation was conducted although we attribute most of the value to the IQ tradename. Based on this preliminary evaluation, the amount of $200,000 has been classified as intangible assets in the accompanying condensed consolidated balance sheet at December 31, 2014.
	Acquisition related costs of $3,000 were incurred and have been included in general and administrative expenses in the three months ended December 31, 2014.
	Approximately $5,000 in IQ revenue is included in net revenues for the three months ended December 31, 2014, representing the revenues earned since the date of acquisition.

Significant_Accounting_Policie

Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation
	The accompanying unaudited interim condensed consolidated financial statements include the accounts of Collectors Universe, Inc. and its operating subsidiaries (the “Company”, “we”, “management”, “us”, “our”). At December 31, 2014, our operating subsidiaries were Certified Asset Exchange, Inc. (“CAE”), Collectors Universe (Hong Kong) Limited, Collectors Universe (Shanghai) Limited, and Expos Unlimited, Inc. (“Expos”), all of which are ultimately 100% owned by Collectors Universe, Inc. All significant intercompany transactions and accounts have been eliminated in consolidation.
Basis of Accounting, Policy [Policy Text Block]	Unaudited Interim Financial Information
	The accompanying interim condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These interim condensed consolidated financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations, and Condensed Consolidated Statements of Cash Flows for the periods presented in accordance with generally accepted accounting principles in the United States of America (“GAAP”). Operating results for the three and six months ended December 31, 2014 are not necessarily indicative of the results that may be expected for the year ending June 30, 2015 or for any other interim period during such year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2014, as filed with the SEC (our “Fiscal 2014 10-K”). Amounts related to disclosure of June 30, 2014 balances within these interim condensed consolidated financial statements were derived from the aforementioned audited consolidated financial statements and the notes thereto.
Reclassification, Policy [Policy Text Block]	Reclassification
	s
	Certain prior period amounts have been reclassified to conform to the current period presentation.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Policies
	We record revenue at the time of shipment of the authenticated and graded collectible to the customer, net of any taxes collected. Due to the insignificant delay between the completion of our grading and authentication services and the shipment of the collectible or high-value asset back to the customer, the time of shipment corresponds to the completion of our authentication and grading services. We recognize revenue for the sale of special coin inserts at the time the customer takes legal title to the insert. Many of our authentication and grading customers prepay our authentication and grading fees when they submit their collectibles to us for authentication and grading. We record those prepayments as deferred revenue until the collectibles have been authenticated and graded and shipped back to them. At that time, we record the revenues from the authentication and grading services we have performed for the customer and deduct this amount from deferred revenue. For certain dealers to whom we extend open account privileges, we record revenue at the time of shipment of the authenticated and graded collectible to the dealer. With respect to our Expos trade show business, we recognize revenue from each show in the period in which it takes place.
	A portion of our net revenues are comprised of subscription fees paid by customers for one year memberships in our Collectors Club. Those membership subscription fees entitle members to access our on-line and printed publications and, in some cases, to receive limited life vouchers for free grading services. We recognize revenue attributable to free grading vouchers on a specific basis and classify those revenues as part of grading and authentication fees. The balance of the membership fee is recognized over the life of the membership.
	We recognize product sales when items are shipped to customers. Product revenues consist primarily of collectible coins that we purchase pursuant to our coin authentication and grading warranty program. However, those sales are not considered an integral part of the Company’s ongoing revenue generating activities.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results from continuing and discontinued operations could differ from results expected on the basis of those estimates, and such differences could be material to our future results of operations and financial condition. Examples of such estimates that could be material include determinations made with respect to the capitalization and recovery of software development costs, the valuation of stock-based compensation awards and the timing of the recognition of related stock-based compensation expense, the valuation of coin inventory, the amount and assessment of goodwill for impairment, the sufficiency of warranty reserves, the provision or benefit for income taxes and related valuation allowances, and adjustments to the fair value of remaining lease obligations for our discontinued jewelry businesses. These estimates are discussed in more detail in these notes to Condensed Consolidated Financial Statements, in the Critical Accounting Policies and Estimates section of Item 2,
	Management’s Discussion and Analysis of Financial Condition and Results of Operations
	,
	contained elsewhere in this Report and in our Fiscal 2014 10-K.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Long-Lived
	Assets
	We evaluate the carrying value of goodwill and indefinite-lived intangible assets at least annually, or more frequently if facts and circumstances indicate that impairment may have occurred. Qualitative factors are considered in performing our goodwill impairment assessment, including the significant excess of fair value over carrying value in prior years, and any material changes in the estimated cash flows of the reporting unit. We also evaluate the carrying values of all other tangible and intangible assets for impairment if circumstances arise in which the carrying values of these assets may not be recoverable on the basis of future undiscounted cash flows. Management has determined that no impairment of goodwill or other long-lived assets had occurred as of December 31, 2014.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency
	The Company has determined that the U.S. Dollar is the functional currency for its French branch office and its Hong Kong and China subsidiaries. Based on this determination, the Company’s foreign operations are re-measured by reflecting the financial results of such operations as if they had taken place within a U.S. dollar-based economic environment. Fixed assets and other non-monetary assets and liabilities are re-measured from foreign currencies to U.S. dollars at historical exchange rates; whereas cash, accounts receivable and other monetary assets and liabilities are re-measured at current exchange rates. Gains and losses resulting from those re-measurements, which are included in income for the current periods, were not material.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation Expense
	Stock-based compensation expense is measured at the grant date of an equity-incentive award, based on its estimated fair value, and is recognized as expense over the employee or non-employee director’s requisite service period, which is generally the vesting period of the award. However, if the vesting of a stock-based compensation award is subject to satisfaction of a performance requirement or condition, the stock-based compensation expense is recognized if, and when, management determines that the achievement of the performance requirement or condition (and therefore the vesting of the award) has become probable. If stock-based compensation is recognized due to such a determination, and management subsequently determined that the performance condition was not met or will not be met in future periods, then all expense previously recognized with respect to the performance condition would be reversed.
	Stock Options
	No stock options were granted during the three and six months ended December 31, 2014 and 2013 and all remaining outstanding options were exercised in the three months ended December 31, 2014. The following table presents information relative to the stock options outstanding under all equity incentive plans as of June 30, 2014 and stock option activity during the six months ended December 31, 2014. The closing price of our common stock as of June 30, 2014 was $19.59.
			Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate
										Intrinsic
										Value
	Options:		(In					(yrs.)		(In Thousands)
			T
			housands)
	Outstanding at June 30, 2014			50		$	17.82		0.43	$	88
	Exercised			(38	)	$	17.82		-		-
	Cancelled			(12	)	$	17.82		-		-
	Outstanding at December 31, 2014			-
	Restricted Stock Awards
	As previously reported, through June 30, 2014 the Company had issued 523,378 shares (net of forfeitures) under the Company’s Long-Term Incentive Plan (“LTIP”) with a grant date fair value of approximately $6,700,000. Based on the results achieved in fiscal 2014, a determination was made that the Company had achieved the Threshold Performance Goal and the Intermediate Goal #1 and therefore in accordance with the terms of the LTIP up to 25% of the LTIP shares will vest, of which 12.5% vested upon the determination that the goals had been achieved and 12.5% will vest on June 30, 2015, assuming continuous service by the LTIP participants. Through December 31, 2014, $1,445,000 of expense has been recognized related to the Threshold Performance Goal and Intermediate Goal #1 and an additional $225,000 will be recognized through June 30, 2015 assuming continuous service, such that by June 30, 2015, $1,670,000 of expense will have been recognized related to those performance goals.
	The vesting of the remaining restricted shares granted through June 30, 2014 is conditioned on the Company’s achievement of increasing annual operating income goals before stock based compensation levels (“OI goals”) during any fiscal year period through June 30, 2018, as indicated in the following table:
			Percent of LTIP
			Shares Vesting
	If in any fiscal year during the term of the Program:
	Intermediate Performance Goal #2 is Achieved			20%	-1
	Intermediate Performance Goal #3 is Achieved			25%	-1
	The Maximum Performance Goal is Achieved			30%	-1
		-1	One half of these Shares will become immediately vested upon a determination that this Performance Goal has been achieved, and the other one-half of these Shares will become vested on last day of the immediately succeeding fiscal year, provided that the Participant remains in the continuous service of the Company to the end of that fiscal year.
	As an additional incentive, the Participants may also earn a maximum 25% more LTIP shares if the Maximum Performance Goal is achieved in fiscal year 2015 and such shares would vest 50% upon the determination that the goal has been achieved and the remaining 50% on June 30, 2016.
	At September 30, 2014, based on the significantly improved level of operating income before stock based compensation in the first quarter of fiscal 2015 compared to the first quarter of fiscal 2014, we concluded that it was probable that the Company will achieve the Performance Goal #2 by June 30, 2015.
	In the three months ended December 31, 2014, an additional 18,957 shares with a grant date fair value of $400,000 were issued under the LTIP, with a service inception date of November 19, 2014. The vesting of those shares is conditioned on the Company’s achievement of the same OI goals through June 30, 2018, as indicated in the following table:
			Percent of LTIP
			Shares Vesting
	If in any fiscal year during the term of the Program:
	Intermediate Performance Goal #2 is Achieved			20	%
	Intermediate Performance Goal #3 is Achieved			25	%
	The Maximum Performance Goal is Achieved			55	%
	In the second quarter of fiscal 2015, the Company continued to recognize expense on the assumption it was probable that the Company will achieve Performance Goal #2 by June 30, 2015. Therefore, the Company recognized stock-based compensation expense of approximately $162,000 and $823,000 in three and six months ended December 31, 2014, respectively related to that performance goal, representing the expense required to be recognized from the respective service inception dates through December 31, 2014.
	Through December 31, 2014 total stock based compensation recognized for the LTIP shares was approximately $2,268,000.
	It is considered too early at this time to determine if it is probable that the Company will achieve additional Performance Goals beyond Performance Goal #2 in fiscal 2015 or future periods. Management will continue to reassess at each reporting date whether any additional stock-based compensation expense should be recognized based on the probability of achieving additional milestones under the LTIP, and the period over which such stock-based compensation expense should be recognized.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations
	Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable.
	Financial Instruments and Cash Balances.
	At December 31, 2014, we had cash and cash equivalents totaling approximately $17,150,000, of which approximately $13,437,000 was invested in money market accounts, and the balance of $3,713,000 was in non-interest bearing bank accounts for general day-to-day operations. Cash in overseas bank accounts was approximately $1,657,000.
	Substantially all of our cash is deposited at two FDIC insured financial institutions. We maintained cash due from banks, inclusive of cash in overseas accounts, in excess of the banks’ FDIC insured deposit limits of approximately $16,653,000 at December 31, 2014.
	Accounts Receivable.
	A substantial portion of accounts receivable are due from collectibles dealers. Two individual customers accounts receivable balances accounted for 10% of the Company’s total gross accounts receivable balances at December 31, 2014, whereas one customer receivable exceeded 10% of the Company’s total gross amounts receivable balance at June 30, 2014. Management performs an analysis of the expected collectability of accounts receivable based on several factors, including the age and extent of significant past due accounts and economic conditions or trends that may adversely affect the ability of debtors to pay their account receivable balances. Based on that review, management establishes an allowance for doubtful accounts, when deemed necessary. The allowance for doubtful accounts receivable was $26,000 at both December 31, 2014 and June 30, 2014. Ultimately, management will write-off accounts receivable balances when it is determined that there is no possibility of collection.
	Coin Revenues
	. The authentication, grading and sales of collectible coins, related services and product sales accounted for approximately 69% of our net revenues for the three and six months ended December 31, 2014, and 69% and 66% of our net revenues for the three and six months ended December 31, 2013, respectively.
	Customers.
	Five of our coin authentication and grading customers accounted, in the aggregate, for approximately 14% and 12% of our total net revenues in both the six months ended December 31, 2014 and 2013, respectively.
Inventory, Policy [Policy Text Block]	Inventories
	Our inventories consist primarily of (i) our coin collectibles inventories primarily consisting of coins which we purchased pursuant to our coin authentication and grading program and (ii) consumable supplies that we use in our continuing authentication and grading businesses. Coin collectibles inventories are recorded at the lower of cost or estimated market value using the specific identification method. Consumable supplies are recorded at the lower of cost (using the first-in first-out method) or market. Inventories are periodically reviewed to identify slow-moving items, and an allowance for inventory loss is recognized, as necessary. It is possible that our estimates of market value of collectible coins in inventory could change due to market conditions in the various collectibles markets served by the Company, which could require us to increase that allowance.
Research, Development, and Computer Software, Policy [Policy Text Block]	Capitalized Software
	We capitalize certain costs incurred in the development and upgrading of our software, either from internal or external sources, as part of intangible assets and amortize these costs on a straight-line basis over the estimated useful life of the software of three years. In the three and six months ended December 31, 2014, approximately $39,000 and $78,000, respectively, was recorded as amortization expense for capitalized software. Planning, training, support and maintenance costs incurred either prior to or following the implementation phase are recognized as expense in the period in which they occur. Management evaluates the carrying value of capitalized software to determine if the carrying value is impaired, and, if necessary, an impairment loss is recorded in the period in which any impairment is determined to have occurred.
Standard Product Warranty, Policy [Policy Text Block]	Warranty Costs
	We offer a limited warranty covering the coins and trading cards that we authenticate and grade. Under the warranty, if any collectible coin or trading card that was previously authenticated and graded by us is later submitted to us for re-grading and either (i) receives a lower grade upon that re-submittal or (ii) is determined not to have been authentic, we will offer to purchase the collectible or, in the alternative, at the customer’s option, pay the difference in value of the item at its original grade, as compared with its lower grade. However, this warranty is voided if the collectible, upon re-submittal to us, is not in the same tamper-resistant holder in which it was placed at the time we last graded it. We accrue for estimated warranty costs based on historical trends and related experience. We monitor the adequacy of our warranty reserves on an ongoing basis and significant claims resulting from resubmissions receiving lower grades, or deemed not to be authentic, could result in a material adverse impact on our results of operations. Effective July 1, 2014, the Company reduced its warranty accrual rate on coins and cards based upon a review of the overall level of warranty reserve and the trend in warranty payments over an extended period of time.
Stockholders' Equity, Policy [Policy Text Block]	Dividends
	In accordance with the Company’s current quarterly dividend policy, we paid quarterly cash dividends of $0.325 per share of common stock in the first and second quarter of fiscal 2015. (See note 11 Subsequent Events.) The declaration of cash dividends in the future is subject to final determination each quarter by the Board of Directors based on a number of factors, including the Company’s financial performance and its available cash resources, its cash requirements and alternative uses of cash that the Board may conclude would represent an opportunity to generate a greater return on investment for the Company.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements
	In May 2014, FASB issued an Accounting Standards Update (ASU) No. 2014-09,
	Revenue from Contracts with Customers: Topic 606
	that affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605,
	Revenue Recognition,
	and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35,
	Revenue Recognition—Construction-Type and Production-Type Contracts.
	In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360,
	Property, Plant, and Equipment,
	and intangible assets within the scope of Topic 350,
	Intangibles—Goodwill and Other)
	are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.
	The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should: identify the contract(s) with a customer, i
	dentify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation.
	For public companies, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the potential impact of adoption of this ASU on its consolidated financial statements.
	In May 2014, FASB issued an Accounting Standards Update No, 2014-12 on the Accounting for Share-Based Payments when the term of an award provide that a performance target could be achieved after the requisite service period. The guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period, be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718,
	Compensation – Stock Compensation,
	as it relates to awards with performance conditions that affect vesting to account for such awards. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved.
	The updated guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements.
	In August 2014, FASB issued an Accounting Standards Update No. 2014-15 which addresses management’s responsibility in connection with preparing financial statements for each annual and interim reporting period, and requires management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. Management’s evaluation should be based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. The update provides guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosure. The guidance is effective for the annual period ending after
	December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to have a material effect on the Company’s Consolidated Financial Statements and related disclosures.

Note_1_Summary_of_Significant_1

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]		Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate
									Intrinsic
									Value
		(In					(yrs.)		(In Thousands)
		T
		housands)
	Options:
	Outstanding at June 30, 2014		50		$	17.82		0.43	$	88
	Exercised		(38	)	$	17.82		-		-
	Cancelled		(12	)	$	17.82		-		-
	Outstanding at December 31, 2014		-
Schedule of Cumulative Percent of Shares Vested [Table Text Block]		Percent of LTIP
		Shares Vesting
	If in any fiscal year during the term of the Program:
	Intermediate Performance Goal #2 is Achieved	20%
	Intermediate Performance Goal #3 is Achieved	25%
	The Maximum Performance Goal is Achieved	55%

Note_2_Inventories_Tables

Note 2 - Inventories (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Inventory, Current [Table Text Block]		December 31,			June 30,
		2014			201
					4
	Coins	$	574		$	552
	Other collectibles		145			230
	Grading raw materials consumable inventory		1,836			1,392
			2,555			2,174
	Less inventory reserve		(438	)		(286	)
	Inventories, net	$	2,117		$	1,888

Note_3_Property_and_Equipment_

Note 3 - Property and Equipment (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Property, Plant and Equipment [Table Text Block]		December 31,			June 30,
		2014			2014
	Coins and stamp grading reference sets	$	282		$	282
	Computer hardware and equipment		2,341			2,307
	Computer software		1,103			1,098
	Equipment		4,164			3,943
	Furniture and office equipment		1,022			1,015
	Leasehold improvements		1,007			999
	Trading card reference library		52			52
			9,971			9,696
	Less accumulated depreciation and amortization		(7,680	)		(7,230	)
	Property and equipment, net	$	2,291		$	2,466

Note_5_Accrued_Liabilities_Tab

Note 5 - Accrued Liabilities (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]		December 31,			June 30,
		2014			2014
	Warranty reserves	$	1,596		$	1,569
	Other		1,423			1,248
		$	3,019		$	2,817
Schedule of Product Warranty Liability [Table Text Block]		Six Months Ended
		December 31,
		2014			2013
	Warranty reserve beginning of period	$	1,569		$	1,155
	Provision charged to cost of revenues		241			368
	Payments		(214	)		(171	)
	Warranty reserve, end of period	$	1,596		$	1,352

Note_8_Net_Income_Per_Share_Ta

Note 8 - Net Income Per Share (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]		Three Months Ended				Six Months Ended
		December 31,				December 31,
		2014		20		2014		2013
				13
	Weighted average shares outstanding: Basic	$	8,339	$	8,144	$	8,333	$	8,130
	Dilutive effect of stock options		-		8		3		20
	Dilutive effect of restricted shares		180		73		175		41
	Weighted average shares outstanding: Diluted		8,519		8,225		8,511		8,191

Note_9_Business_Segments_Table

Note 9 - Business Segments (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]		Three Months Ended						Six Months Ended
		December 31,						December 31,
		20			20			2014			2013
		14			13
	Net revenues from external customers:
	Coins (including product sales)	$	9,777		$	9,412		$	20,883		$	18,762
	Trading cards and autographs		3,653			3,401			7,482			6,959
	Other		718			737			1,961			1,996
	Consolidated total revenue	$	14,148		$	13,550		$	30,326		$	27,717
	Amortization and depreciation:
	Coins	$	123		$	102		$	252		$	208
	Trading cards and autographs		50			30			100			52
	Other		83			80			167			163
	Total		256			212			519			423
	Unallocated amortization and depreciation		73			73			152			146
	Consolidated amortization and depreciation	$	329		$	285		$	671		$	569
	Stock-based compensation:
	Coins	$	88		$	93		$	261		$	143
	Trading cards and autographs		41			58			156			76
	Other		29			41			107			54
	Total		158			192			524			273
	Unallocated stock-based compensation		275			278			841			583
	Consolidated stock-based compensation	$	433		$	470		$	1,365		$	856
	Operating income:
	Coins	$	3,041		$	2,773		$	6,636		$	5,853
	Trading cards and autographs		755			447			1,527			1,090
	Other		179			195			512			631
	Total		3,975			3,415			8,675			7,574
	Unallocated operating expenses		(1,329	)		(1,316	)		(3,003	)		(2,620	)
	Consolidated operating income	$	2,646		$	2,099		$	5,672		$	4,954
Reconciliation of Assets from Segment to Consolidated [Table Text Block]		December 31,			June 30,
		2014			2014
	Identifiable Assets:
	Coins	$	6,613		$	6,636
	Trading cards and autographs		1,433			1,475
	Other		2,611			2,378
	Total		10,657			10,489
	Unallocated assets		22,207			25,099
	Consolidated assets	$	32,864		$	35,588
	Goodwill:
	Coins	$	515		$	515
	Other		1,568			1,568
	Consolidated goodwill	$	2,083		$	2,083

Note_1_Summary_of_Significant_2

Note 1 - Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended			6 Months Ended		12 Months Ended	9 Months Ended	36 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2013
Accounting Policies [Abstract]
Goodwill, Impairment Loss		$0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0		0	0	0
Share Price						$19.59
Allowance for Doubtful Accounts Receivable, Current	26,000			26,000		26,000
Allocated Share-based Compensation Expense	433,000		470,000	1,365,000	856,000
Cash and Cash Equivalents, at Carrying Value	17,150,000		16,307,000	17,150,000	16,307,000	19,909,000			18,711,000
Money Market Funds, at Carrying Value	13,437,000			13,437,000
Other Cash Equivalents, at Carrying Value	3,713,000			3,713,000
Cash	1,657,000			1,657,000
Cash, Uninsured Amount	16,653,000			16,653,000
Capitalized Computer Software, Amortization	39,000		27,000	78,000	52,000
Common Stock, Dividends, Per Share, Cash Paid				$0.33
LTIP [Member]
Accounting Policies [Abstract]
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures				400,000		6,700,000
Computer Software, Intangible Asset [Member]
Accounting Policies [Abstract]
Finite-Lived Intangible Asset, Useful Life				3 years
Accounts Receivable [Member] | Customer Concentration Risk [Member]
Accounting Policies [Abstract]
Concentration Risk, Percentage				10.00%		10.00%
Sales Revenue, Services, Net [Member] | Customer Concentration Risk [Member] | Five Customers [Member]
Accounting Policies [Abstract]
Concentration Risk, Percentage				14.00%	12.00%
Sales Revenue, Services, Net [Member] | Coins [Member]
Accounting Policies [Abstract]
Concentration Risk, Percentage	69.00%		69.00%	69.00%	67.00%
Restricted Stock [Member] | LTIP [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	18,957			18,957		523,378
Allocated Share-based Compensation Expense				2,268,000
Restricted Stock [Member] | LTIP [Member] | Share-based Compensation Award, Tranche One [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				50.00%
Restricted Stock [Member] | LTIP [Member] | Additional Incentive Fiscal Year Two [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				50.00%
Restricted Stock [Member] | LTIP [Member] | Goals Achieved [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				12.50%
Restricted Stock [Member] | LTIP [Member] | If in any Fiscal Year During the Term of the Program, Intermediate Performance Goal #1 Is Achieved [Member]
Accounting Policies [Abstract]
Allocated Share-based Compensation Expense				1,445,000
Restricted Stock [Member] | LTIP [Member] | If in any Fiscal Year During the Term of the Program, Intermediate Performance Goal #2 Is Achieved [Member]
Accounting Policies [Abstract]
Allocated Share-based Compensation Expense	162,000			823,000
Restricted Stock [Member] | LTIP [Member] | Intermdiate Performance Goal 1 Achieved [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				25.00%
Restricted Stock [Member] | LTIP [Member] | June 30th Following Fiscal Year [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				12.50%
Restricted Stock [Member] | LTIP [Member] | Scenario, Forecast [Member]
Accounting Policies [Abstract]
Allocated Share-based Compensation Expense							$225,000	$1,670,000
Restricted Stock [Member] | LTIP [Member] | Maximum [Member] | Additional Incentive [Member]
Accounting Policies [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				25.00%

Note_1_Summary_of_Significant_3

Note 1 - Summary of Significant Accounting Policies - Stock Options Outstanding and Stock Option Activity (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
Outstanding at (in shares)		50
Outstanding at (in dollars per share)		$17.82
Outstanding at		156 days
Outstanding at		$88
Exercised (in shares)	-38
Exercised (in dollars per share)	$17.82
Cancelled (in shares)	-12
Cancelled (in dollars per share)	$17.82

Note_1_Summary_of_Significant_4

Note 1 - Summary of Significant Accounting Policies - Vesting Conditions and Percentage of Remaining Restricted Shares (Details) (Performance Shares [Member], Restricted Stock [Member], LTIP [Member])	6 Months Ended
	Dec. 31, 2014
If in any Fiscal Year During the Term of the Program, Intermediate Performance Goal #2 Is Achieved [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	20.00%
If in any Fiscal Year During the Term of the Program, Intermediate Performance Goal #3 Is Achieved [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	25.00%
If in any Fiscal Year During the Term of the Program, the Maximum Performance Goal is Achieved [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	55.00%

Note_2_Inventories_Inventories

Note 2 - Inventories - Inventories (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Inventory, gross	$2,555,000	$2,174,000
Less inventory reserve	-438,000	-286,000
Inventories, net	2,117,000	1,888,000
Coins [Member]
Inventory, gross	574,000	552,000
Grading Raw Materials Consumable [Member]
Inventory, gross	1,836,000	1,392,000
Other Collectibles [Member]
Inventory, gross	$145,000	$230,000

Note_3_Property_and_Equipment_1

Note 3 - Property and Equipment - Property and Equipment (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Property and equipment, gross	$9,971	$9,696
Less accumulated depreciation and amortization	-7,680	-7,230
Property and equipment, net	2,291	2,466
Computer Equipment [Member]
Property and equipment, gross	2,341	2,307
Equipment [Member]
Property and equipment, gross	4,164	3,943
Leasehold Improvements [Member]
Property and equipment, gross	1,007	999
Coins and Stamp Reference Sets [Member]
Property and equipment, gross	282	282
Computer Software [Member]
Property and equipment, gross	1,103	1,098
Furniture and Office Equipment [Member]
Property and equipment, gross	1,022	1,015
Trading Card Reference Library [Member]
Property and equipment, gross	$52	$52

Note_4_Business_Combination_De

Note 4 - Business Combination (Details Textual) (USD $)	1 Months Ended	3 Months Ended
	Nov. 30, 2014	Dec. 31, 2014	Jun. 30, 2014
Business Combinations [Abstract]
Intangible Assets, Net (Excluding Goodwill)		$1,294,000	$1,272,000
Intelliquote [Member]
Business Combinations [Abstract]
Payments to Acquire Businesses, Gross	200,000
Business Combination, Acquisition Related Costs		3,000
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		5,000
Intangible Assets, Net (Excluding Goodwill)			$200,000

Note_5_Accrued_Liabilities_Acc

Note 5 - Accrued Liabilities - Accrued Liabilities (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Warranty reserves	$1,596	$1,569
Other	1,423	1,248
	$3,019	$2,817

Note_5_Accrued_Liabilities_War

Note 5 - Accrued Liabilities - Warranty Reserve Activity (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Warranty reserve beginning of period	$1,569	$1,155
Provision charged to cost of revenues	241	368
Payments	-214	-171
Warranty reserve, end of period	$1,596	$1,352

Note_6_Discontinued_Operations1

Note 6 - Discontinued Operations (Details Textual) (Jewelry Businesses [Member], USD $)	Dec. 31, 2014
Jewelry Businesses [Member]
Discontinued Operations and Disposal Groups [Abstract]
Total Accrual Related to Remaining Lease Obligations	$1,522,000
Accrued Rent, Current	689,000
Accrued Rent, Noncurrent	$833,000

Note_7_Income_Taxes_Details_Te

Note 7 - Income Taxes (Details Textual) (USD $)	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	39.00%	42.00%
Tax Adjustments, Settlements, and Unusual Provisions		$42,000

Note_8_Net_Income_Per_Share_De

Note 8 - Net Income Per Share (Details Textual)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Performance Shares [Member]
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	262,000	473,000
Stock Options and Unvested Restricted Shares [Member]
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	93,000	0	113,000

Note_8_Computation_of_Basic_an

Note 8 - Computation of Basic and Diluted Net Loss per Common Share (Details)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Weighted average shares outstanding: Basic (in shares)	8,339	8,144	8,333	8,130
Weighted average shares outstanding: Diluted (in shares)	8,519	8,225	8,511	8,191
Employee Stock Option [Member]
Dilutive effect of stock options (in shares)		8	3	20
Restricted Stock [Member]
Dilutive effect of stock options (in shares)	180	73	175	41

Note_9_Business_Segments_Detai

Note 9 - Business Segments (Details Textual)	6 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Number of Reportable Segments	3

Note_9_Segment_Reporting_Infor

Note 9 - Segment Reporting Information (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Net revenues from external customers:
Net revenues from external customers	$14,148,000	$13,550,000	$30,326,000	$27,717,000
Amortization and depreciation:
Depreciation and amortization	329,000	285,000	671,000	569,000
Stock-based compensation:
Allocated Share-based Compensation Expense	433,000	470,000	1,365,000	856,000
Operating income:
Operating income	2,646,000	2,099,000	5,672,000	4,954,000
Segment Reconciling Items [Member]
Amortization and depreciation:
Depreciation and amortization	73,000	73,000	152,000	146,000
Stock-based compensation:
Allocated Share-based Compensation Expense	275,000	278,000	841,000	583,000
Operating income:
Operating income	-1,329,000	-1,316,000	-3,003,000	-2,620,000
Operating Segments [Member]
Amortization and depreciation:
Depreciation and amortization	256,000	212,000	519,000	423,000
Stock-based compensation:
Allocated Share-based Compensation Expense	158,000	192,000	524,000	273,000
Operating income:
Operating income	3,975,000	3,415,000	8,675,000	7,574,000
Operating Segments [Member] | Other Segments [Member]
Net revenues from external customers:
Net revenues from external customers	718,000	737,000	1,961,000	1,996,000
Amortization and depreciation:
Depreciation and amortization	83,000	80,000	167,000	163,000
Stock-based compensation:
Allocated Share-based Compensation Expense	29,000	41,000	107,000	54,000
Operating income:
Operating income	179,000	195,000	512,000	631,000
Operating Segments [Member] | Coins [Member]
Net revenues from external customers:
Net revenues from external customers	9,777,000	9,412,000	20,883,000	18,762,000
Amortization and depreciation:
Depreciation and amortization	123,000	102,000	252,000	208,000
Stock-based compensation:
Allocated Share-based Compensation Expense	88,000	93,000	261,000	143,000
Operating income:
Operating income	3,041,000	2,773,000	6,636,000	5,853,000
Operating Segments [Member] | Trading Cards and Autographs [Member]
Net revenues from external customers:
Net revenues from external customers	3,653,000	3,401,000	7,482,000	6,959,000
Amortization and depreciation:
Depreciation and amortization	50,000	30,000	100,000	52,000
Stock-based compensation:
Allocated Share-based Compensation Expense	41,000	58,000	156,000	76,000
Operating income:
Operating income	$755,000	$447,000	$1,527,000	$1,090,000

Note_9_Reconciliation_of_Asset

Note 9 - Reconciliation of Assets to Consolidated from Segment (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Identifiable Assets:
Identifiable assets, by segment	$32,864,000	$35,588,000
Goodwill:
Goodwill, by segment	2,083,000	2,083,000
Segment Reconciling Items [Member]
Identifiable Assets:
Identifiable assets, by segment	22,207,000	25,099,000
Operating Segments [Member]
Identifiable Assets:
Identifiable assets, by segment	10,657,000	10,489,000
Operating Segments [Member] | Other Segments [Member]
Identifiable Assets:
Identifiable assets, by segment	2,611,000	2,378,000
Goodwill:
Goodwill, by segment	1,568,000	1,568,000
Operating Segments [Member] | Coins [Member]
Identifiable Assets:
Identifiable assets, by segment	6,613,000	6,636,000
Goodwill:
Goodwill, by segment	515,000	515,000
Operating Segments [Member] | Trading Cards and Autographs [Member]
Identifiable Assets:
Identifiable assets, by segment	$1,433,000	$1,475,000

Note_10_Relatedparty_Transacti1

Note 10 - Related-party Transactions (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Oct. 03, 2014	Jun. 30, 2014
Associate of Richard Kenneth Duncan Sr [Member]
Related Party Transactions [Abstract]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners					6.00%
Grading and Authentication Fees [Member] | Associate of Richard Kenneth Duncan Sr [Member]
Related Party Transactions [Abstract]
Related Party Transaction, Other Revenues from Transactions with Related Party	$213,000	$210,000	$541,000	$589,000
Accounts Receivable, Related Parties	41,000		41,000			68,000
Grading and Authentication Fees [Member] | Mr. Hall's Immediate Family Member [Member]
Related Party Transactions [Abstract]
Related Party Transaction, Other Revenues from Transactions with Related Party	269,000	438,000	649,000	713,000
Accounts Receivable, Related Parties, Current	$82,000		$82,000			$79,000

Note_12_Subsequent_Events_Deta

Note 12 - Subsequent Events (Details Textual) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended		1 Months Ended	12 Months Ended
	Oct. 27, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Jan. 22, 2015	Jun. 30, 2015
Subsequent Events [Abstract]
Common Stock, Dividends, Per Share, Declared	$0.33	$0.33	$0.33	$0.65	$0.65
Subsequent Event [Member]
Subsequent Events [Abstract]
Dividends Payable, Date Declared						22-Jan-15
Dividends Payable, Date to be Paid						27-Feb-15
Dividends Payable, Date of Record						18-Feb-15
Common Stock, Dividends, Per Share, Declared						$0.35
Scenario, Forecast [Member]
Subsequent Events [Abstract]
Common Stock, Dividends, Per Share, Declared							$1.40