Collectors Universe (CLCT) 10-Q 8 May 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Document Information [Line Items]
Entity Registrant Name	COLLECTORS UNIVERSE INC
Entity Central Index Key	1,089,143
Trading Symbol	clct
Current Fiscal Year End Date	--06-30
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)		9,016,243
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 9,179,000	$ 9,826,000
Accounts receivable, net of allowance of $69 and $77 at March 31, 2018 and June 30, 2017, respectively	2,672,000	3,615,000
Inventories, net	2,929,000	2,722,000
Prepaid expenses and other current assets	1,610,000	1,661,000
Total current assets	16,390,000	17,824,000
Property and equipment, net	8,576,000	3,163,000
Goodwill	2,083,000	2,083,000
Intangible assets, net	2,341,000	2,183,000
Deferred income tax assets	2,499,000	2,864,000
Other assets	477,000	413,000
Non-current assets of discontinued operations		79,000
Total assets	32,366,000	28,609,000
Current liabilities:
Accounts payable	2,605,000	2,660,000
Accrued liabilities	1,884,000	1,652,000
Accrued compensation and benefits	3,276,000	4,373,000
Current portion of long-term debt	375,000
Income taxes payable	168,000	664,000
Deferred revenue	3,560,000	2,676,000
Current liabilities of discontinued operations		391,000
Total current liabilities	11,868,000	12,416,000
Deferred rent	3,289,000	276,000
Long Term Debt	2,625,000
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $.001 par value; 3,000 shares authorized; no shares issued or outstanding
Common stock, $.001 par value; 20,000 shares authorized; 9,016 and 8,921 issued and outstanding at March 31, 2018 and June 30, 2017, respectively.	9,000	9,000
Additional paid-in capital	85,899,000	84,948,000
Accumulated deficit	(71,324,000)	(69,040,000)
Total stockholders’ equity	14,584,000	15,917,000
Total liabilities and stockholders’ equity	$ 32,366,000	$ 28,609,000

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Accounts receivable, allowance	$ 69,000	$ 77,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	3,000	3,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	20,000	20,000
Common stock, shares issued (in shares)	9,016	8,921
Common stock, shares outstanding (in shares)	9,016	8,921

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Net revenues	$ 17,512	$ 18,596	$ 51,328	$ 52,206
Cost of revenues	7,818	7,365	21,745	19,979
Gross profit	9,694	11,231	29,583	32,227
Operating expenses:
Selling and marketing expenses	2,513	2,210	7,688	6,959
General and administrative expenses	5,195	4,312	15,148	13,274
Total operating expenses	7,708	6,522	22,836	20,233
Operating income	1,986	4,709	6,747	11,994
Interest and other income (expense), net	116	13	107	(59)
Income before provision for income taxes	2,102	4,722	6,854	11,935
Provision for income taxes	630	1,765	1,678	4,467
Income from continuing operations	1,472	2,957	5,176	7,468
Income (loss) from discontinued operations, net of income taxes	2	6	89	(3)
Net income	$ 1,474	$ 2,963	$ 5,265	$ 7,465
Net income per basic share
Income from continuing operations (in dollars per share)	$ 0.17	$ 0.35	$ 0.60	$ 0.88
Income from discontinued operations (in dollars per share)			0.01
Net income per basic share (in dollars per share)	0.17	0.35	0.61	0.88
Net income per diluted share
Income from continuing operations (in dollars per share)	0.17	0.35	0.58	0.87
Income from discontinued operations (in dollars per share)			0.01
Net income per diluted share (in dollars per share)	$ 0.17	$ 0.35	$ 0.59	$ 0.87
Weighted average shares outstanding
Basic (in shares)	8,703	8,482	8,651	8,478
Diluted (in shares)	8,902	8,569	8,855	8,569
Dividends declared per common share (in dollars per share)	$ 0.175	$ 0.35	$ 0.875	$ 1.05

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 5,265,000	$ 7,465,000
Discontinued operations	(89,000)	3,000
Income from continuing operations	5,176,000	7,468,000
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Depreciation and amortization expense	1,612,000	1,243,000
Stock-based compensation expense	951,000	330,000
Provision for bad debts	14,000	32,000
Provision for inventory write-down	389,000	32,000
Provision for warranty claims	343,000	506,000
Loss on sale of property and equipment	95,000	5,000
Deferred income taxes	365,000
Change in operating assets and liabilities:
Accounts receivable	953,000	(36,000)
Inventories	(596,000)	(1,050,000)
Prepaid expenses and other	51,000	(323,000)
Other assets	(64,000)	(172,000)
Accounts payable and accrued liabilities	(168,000)	(286,000)
Accrued compensation and benefits	(1,096,000)	402,000
Income taxes payable	(496,000)	1,252,000
Deferred revenue	884,000	445,000
Deferred rent	63,000	(73,000)
Net cash provided by operating activities of continuing operations	8,476,000	9,775,000
Net cash used in operating activities of discontinued businesses	(228,000)	(379,000)
Net cash provided by operating activities	8,248,000	9,396,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of business	6,000	53,000
Capital expenditures	(3,626,000)	(919,000)
Capitalized software	(720,000)	(723,000)
Patents and other intangibles	(7,000)	(5,000)
Net cash used in investing activities	(4,347,000)	(1,594,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under term loan	3,000,000
Dividends paid to common stockholders	(7,548,000)	(8,933,000)
Net cash used in financing activities	(4,548,000)	(8,933,000)
Net decrease in cash and cash equivalents	(647,000)	(1,131,000)
Cash and cash equivalents at beginning of period	9,826,000	11,967,000
Cash and cash equivalents at end of period	9,179,000	10,836,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid during the period	39,000
Income taxes paid during the period	1,542,000	2,934,000
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING ACTIVITIES:
Leasehold Improvements contributed by landlord (See note 3)	$ 2,949,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	9 Months Ended
	Mar. 31, 2018
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”, “us”, or “our”). At March 31, 2018, 100% 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 as in effect in the United States of America (“GAAP”). Operating results for the three nine March 31, 2018 not may June 30, 2018 10 June 30, 2017, 2017 10 June 30, 2017 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 authentication and grading services and the shipment of the collectible back to the customer, the time of shipment corresponds to the completion of our authentication and grading services. We recognize revenue from 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 the show takes place. A portion of our net revenues is comprised of subscription fees paid by customers for one one We recognize Certified Coin Exchanges subscription revenues ratably over the relevant subscription period. Advertising revenues are recognized in the period when the advertisement is displayed in our publications or websites. Click-through commissions earned through our website from third We recognize product sales when items are shipped to customers. Product revenues consist primarily of sales of collectible coins that we have purchased pursuant to our coin authentication and grading warranty program. However, those sales are not Use of Estimates The preparation of financial statements in conformity with GAAP requires us 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 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 and the provision for income taxes, related valuation allowances and deferred tax assets and liabilities. 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 may not no March 31, 2018. 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 period, were not Stock-Based Compensation We recognize stock-based compensation expense attributable to service-based equity grants over the service period based on the grant date fair values of the awards. For performance-based equity grants the vesting of which is contingent on the achievement of one one not Restricted Stock Awards 2013 2013 LTIP”) As previously reported, in our Fiscal 2017 10K June 30, 2017, 2017, 2013 2017. 2013 50% 2013 50% June 30, 2018. 2018 ong-Term Incentive Plan ( “2018 On December 26, 2017, 2018 84,360 42,180 42,180 $2,552,000. Retention Restricted Shares To create incentives for the Participants to remain in the Company's service over the period ending June 30, 2020, Annual Grant s 21,090 three 7,030 June 30, 2018, June 30, 2019 June 30, 2020, One Time Grant 21,090 two 10,545 June 30, 2018 June 30, 2019, If a Participant's continuous service with the Company ceases, for any reason whatsoever, including a termination of the Participant’s employment with or without cause, prior to any vesting date or dates, the then unvested Retention Restricted Shares will be forfeited. Assuming continuous service, stock-based compensation expense of $1,276,000 42,180 $266,000 three nine March 31, 2018. PSUs To create incentives for the Participants to drive significant improvements in the Company’s operating results during the three June 30, 2020 The vesting of the 42,180 June 30, 2020. The following table sets forth the percentages of the respective numbers of PSUs granted to each of the Participants that will vest on June 30, 2020 June 30, 2020: Financial Performance Goal s Threshold Target Maximum Percent of PSUs Earned 10 % 50 % 100 % All the PSUs will be forfeited if neither the threshold CARGR goal nor the threshold Operating Margin goal is achieved. Also, if a Participant fails to remain in the Company’s continuous service through June 30, 2020, Assuming the maximum performance goals are achieved and continuous service by the participants, $1,276,000 June 30, 2020. Stock-based compensation expense for the 42,180 no 42,180 March 31, 2018, not 2020. Total stock-based compensation expense, recognized in the three nine March 31, 2018 $501,000 $951,000, $119,000 $330,000, three nine March 31, 2017. 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. March 31, 2018, $9,179,000, $3,425,000 $5,754,000 $3,570,000 March 31, 2018 $2,889,000 Substantially all of our cash in the United States is deposited at one $4,899,000 March 31, 2018. Revolving Credit Line. January 2017 three $10,000,000 may may one may not $10,000,000. may no may 30 2.25% 0.25% 0.0625% $4,000,000. no March 31, 2018. March 31, 2018. Term Loan . September 15, 2017 five $3,500,000 first may $3,500,000. first two may 2.25% 0.25% 2.250% At the end of that first four 48 three 2.250% 20% first No The agreement governing the term loan contains two may not At March 31, 2018, $3,000,000 Accounts Receivable. 10% March 31, 2018 June 30, 2017. may $69,000 $77,000 March 31, 2018 June 30, 2017, no Coin Revenues 64% nine March 31, 2018, 69% nine March 31, 2017. Customers. five 13% 18% three nine March 31, 2018, 19% 20% Inventories Our inventories consist primarily of (i) coins which we have purchased pursuant to our coin authentication and grading warranty 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 first 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 we amortize these costs on a straight-line basis over the estimated useful life of the software of three three nine March 31, 2018 $213,000 $720,000, $352,000 $723,000 three nine March 31, 2017. three nine March 31, 2018, $180,000 $509,000, $122,000 $342,000 three nine March 31, 2017. 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 not not fourth 2017, July 1, 2017. three nine March 31, 2018 $128,000 $343,000, $171,000 $506,000 three nine March 31, 2017, Dividends Through the second 2018, $0.35 February 2018, $0.175 third 2018. may 11 Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers July 2015, one first 2019 first 2018. March 2016, 2016 08, 606 May 2016, 2016 2016 12, 606 606. not first 2019 In February 2016, 2016 02 Accounting for Leases 12 not December 15, 2018, In March 2016, 2016 09 Compensation–Stock Compensation: Improvements to Employee Share-Based Payment Accounting July 1, 2017. nine March 31, 2018 $638,000, 2013 first In August 2016, No, 2016 15 Statement of Cash Flows-Classification of Certain Cash Receipts and Cash Payments. eight zero not December 15, 2017 In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 not December 9, 2019. not In May 2017, 2017 09 Compensation-Stock Compensation not not December 15, 2017. 1 not 2 not not

Note 2 - Inventories

Note 2 - Inventories	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Inventory Disclosure [Text Block]	2. INVENTORIES Inventories consist of the following (in thousands): March 31 , June 30, 2018 201 7 Coins $ 479 $ 458 Other collectibles 477 391 Grading raw materials consumable inventory 3,113 2,850 4,069 3,699 Less inventory reserve (1,140 ) (977 ) Inventories, net $ 2,929 $ 2,722 The inventory reserve represents a valuation allowance on certain items of our coins, other collectibles and consumable inventories based upon our review of the current market value of such coins and collectibles and the usage of consumables. 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	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	3. PROPERTY AND EQUIPMENT Property and equipment consist of the following (in thousands): March 31 , June 30, 201 8 201 7 Coins grading reference sets $ 263 $ 263 Computer hardware and equipment 2,044 2,916 Computer software 1,518 1,276 Equipment 4,467 6,063 Furniture and office equipment 911 1,177 Leasehold improvements 4,713 1,316 Trading card reference library 52 52 13,968 13,063 Less accumulated depreciation and amortization (5,392 ) (9,900 ) Property and equipment, net $ 8,576 $ 3,163 Leasehold improvements at March 31, 2018 $4,108,000 $2,949,000

Note 4 - Accrued Liabilities

Note 4 - Accrued Liabilities	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	4. ACCRUED LIABILITIES Accrued liabilities consist of the following (in thousands): March 31 , June 30, 2018 201 7 Warranty reserves $ 594 $ 834 Professional fees 93 84 Other 1,197 734 $ 1,884 $ 1,652 The following table presents the changes in the Company’s warranty reserve during the nine March 31, 2018 2017 Nine Months Ended Ma r ch 31 , 2018 2017 Warranty reserve beginning of period $ 834 $ 892 Provision charged to cost of revenues 343 506 Payments (583 ) (268 ) Warranty reserve, end of period $ 594 $ 1,130

Note 5 - Discontinued Operation

Note 5 - Discontinued Operations	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	5. DISCONTINUED OPERATIONS The operating results of the discontinued businesses that are included in the accompanying Condensed Consolidated Statements of Operations were not The remaining lease obligation in connection with the fiscal 2009 December 31, 2017.

Note 6 - Income Taxes

Note 6 - Income Taxes	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	6. INCOME TAXES In the three nine March 31, 2018, 30% 24%, 37% three nine March 31, 2018, 28% 2018, December 2017 ( 2013 August 2017. The Tax Reform Act significantly revises the U.S. corporate income tax laws by, amongst other things, reducing the corporate income tax rate from 35.0% 21.0% one In December 2017, No. 118, 118” 118, one not one not not The Company has not, December 31, 2017, 2018 28.1%, December 31, 2017, one $131,000. one nine March 31, 2018. $265,000 one $134,000 one 740, The ultimate impact of the Tax Reform Act may no first

Note 7 - Net Income Per Share

Note 7 - Net Income Per Share	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	7. NET INCOME PER SHARE The following table presents the changes in the Company’s weighted average shares outstanding for the three nine March 31, 2018 2017 Three Months Ended March 31, Nine Months Ended March 31, 2018 2017 2018 2017 Weighted average shares outstanding: Basic 8,703 8,482 8,651 8,478 Dilutive effect of restricted shares 199 87 204 91 Weighted average shares outstanding: Diluted 8,902 8,569 8,855 8,569 There were 50,349 10,000 three March 31, 2018 2017, In addition, in the nine March 31, 2018, 42,180 not

Note 8 - Business Segments

Note 8 - Business Segments	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	8. 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 We allocate certain operating expenses to each service segment based upon each segment’s estimated expense usage. The following tables set forth on a segment basis, including a reconciliation with the condensed consolidated financial statements, (i) revenues, (ii) depreciation and amortization, (iii) stock-based compensation expense, and (iv) operating income for the three nine March 31, 2018 2017, March 31, 2018 June 30, 2017, Three Months Ended Nine Months Ended March 31, March 31, 2018 20 17 2018 20 17 Net revenues from external customers: Coins (1) $ 10,780 $ 12,825 $ 32,817 $ 35,776 Trading cards and autographs 5,449 4,427 15,192 12,965 Other 1,283 1,344 3,319 3,465 Consolidated total revenue $ 17,512 $ 18,596 $ 51,328 $ 52,206 Amortization and depreciation: Coins $ 271 $ 163 $ 652 $ 461 Trading cards and autographs 123 51 265 159 Other 143 127 420 398 Total 537 341 1,337 1,018 Unallocated amortization and depreciation 121 73 275 225 Consolidated amortization and depreciation $ 658 $ 414 $ 1,612 $ 1,243 Stock-based compensation: Coins $ 152 $ 28 $ 266 $ 56 Trading cards and autographs 16 3 47 8 Other 21 2 42 6 Total 189 33 355 70 Unallocated stock-based compensation 312 86 596 260 Consolidated stock-based compensation $ 501 $ 119 $ 951 $ 330 Operating income: Coins $ 2,077 $ 4,481 $ 7,434 $ 12,033 Trading cards and autographs 1,385 1,006 3,879 3,008 Other 302 388 820 808 Total 3,764 5,875 12,133 15,849 Unallocated operating expenses (1,778 ) (1,166 ) (5,386 ) (3,855 ) Consolidated operating income $ 1,986 $ 4,709 $ 6,747 $ 11,994 ( 1 $2.0 $9.1 three nine March 31, 2018 $1.3 $7.0 three nine March 31, 2017. $1.2 $6.7 three nine March 31, 2018 $0.5 $5.1 three nine March 31, 2017. March 31 , June 30, 2018 201 7 Identifiable Assets: Coins $ 11,083 $ 9,128 Trading cards and autographs 3,485 1,547 Other 3,030 3,198 Total 17,598 13,873 Unallocated assets 14,768 14,736 Consolidated assets $ 32,366 $ 28,609 Goodwill: Coins $ 515 $ 515 Other 1,568 1,568 Consolidated goodwill $ 2,083 $ 2,083

Note 9 - Related-party Transact

Note 9 - Related-party Transactions	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	9. RELATED-PARTY TRANSACTIONS During the three nine March 31, 2018, $394,000 $1,649,000, $665,000 $1,611,000 three nine March 31, 2017. March 31, 2018, $97,000 $268,000 June 30, 2017. These authentication and grading fees were comparable in amount to the fees which we charge, in the ordinary course of our business, for similar authentication and grading services we render to unaffiliated customers.

Note 10 - Contingencies

Note 10 - Contingencies	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Contingencies Disclosure [Text Block]	10. CONTINGENCIES The Company is named from time to time, as a defendant in lawsuits and disputes that arise in the ordinary course of business. We establish accruals for lawsuits or disputes when it is determined that a loss is both probable and can be reasonably estimated. Accruals can be adjusted from time to time, in light of additional information. We believe that none

Note 11 - Subsequent Events

Note 11 - Subsequent Events	9 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	11. SUBSEQUENT EVENTS On May 1, 2018 fourth $0.175 May 25, 2018 May 16, 2018

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2018
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”, “us”, or “our”). At March 31, 2018, 100%
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 as in effect in the United States of America (“GAAP”). Operating results for the three nine March 31, 2018 not may June 30, 2018 10 June 30, 2017, 2017 10 June 30, 2017
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 authentication and grading services and the shipment of the collectible back to the customer, the time of shipment corresponds to the completion of our authentication and grading services. We recognize revenue from 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 the show takes place. A portion of our net revenues is comprised of subscription fees paid by customers for one one We recognize Certified Coin Exchanges subscription revenues ratably over the relevant subscription period. Advertising revenues are recognized in the period when the advertisement is displayed in our publications or websites. Click-through commissions earned through our website from third We recognize product sales when items are shipped to customers. Product revenues consist primarily of sales of collectible coins that we have purchased pursuant to our coin authentication and grading warranty program. However, those sales are not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with GAAP requires us 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 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 and the provision for income taxes, related valuation allowances and deferred tax assets and liabilities.
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 may not no March 31, 2018.
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 period, were not
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation We recognize stock-based compensation expense attributable to service-based equity grants over the service period based on the grant date fair values of the awards. For performance-based equity grants the vesting of which is contingent on the achievement of one one not Restricted Stock Awards 2013 2013 LTIP”) As previously reported, in our Fiscal 2017 10K June 30, 2017, 2017, 2013 2017. 2013 50% 2013 50% June 30, 2018. 2018 ong-Term Incentive Plan ( “2018 On December 26, 2017, 2018 84,360 42,180 42,180 $2,552,000. Retention Restricted Shares To create incentives for the Participants to remain in the Company's service over the period ending June 30, 2020, Annual Grant s 21,090 three 7,030 June 30, 2018, June 30, 2019 June 30, 2020, One Time Grant 21,090 two 10,545 June 30, 2018 June 30, 2019, If a Participant's continuous service with the Company ceases, for any reason whatsoever, including a termination of the Participant’s employment with or without cause, prior to any vesting date or dates, the then unvested Retention Restricted Shares will be forfeited. Assuming continuous service, stock-based compensation expense of $1,276,000 42,180 $266,000 three nine March 31, 2018. PSUs To create incentives for the Participants to drive significant improvements in the Company’s operating results during the three June 30, 2020 The vesting of the 42,180 June 30, 2020. The following table sets forth the percentages of the respective numbers of PSUs granted to each of the Participants that will vest on June 30, 2020 June 30, 2020: Financial Performance Goal s Threshold Target Maximum Percent of PSUs Earned 10 % 50 % 100 % All the PSUs will be forfeited if neither the threshold CARGR goal nor the threshold Operating Margin goal is achieved. Also, if a Participant fails to remain in the Company’s continuous service through June 30, 2020, Assuming the maximum performance goals are achieved and continuous service by the participants, $1,276,000 June 30, 2020. Stock-based compensation expense for the 42,180 no 42,180 March 31, 2018, not 2020. Total stock-based compensation expense, recognized in the three nine March 31, 2018 $501,000 $951,000, $119,000 $330,000, three nine March 31, 2017.
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. March 31, 2018, $9,179,000, $3,425,000 $5,754,000 $3,570,000 March 31, 2018 $2,889,000 Substantially all of our cash in the United States is deposited at one $4,899,000 March 31, 2018. Revolving Credit Line. January 2017 three $10,000,000 may may one may not $10,000,000. may no may 30 2.25% 0.25% 0.0625% $4,000,000. no March 31, 2018. March 31, 2018. Term Loan . September 15, 2017 five $3,500,000 first may $3,500,000. first two may 2.25% 0.25% 2.250% At the end of that first four 48 three 2.250% 20% first No The agreement governing the term loan contains two may not At March 31, 2018, $3,000,000 Accounts Receivable. 10% March 31, 2018 June 30, 2017. may $69,000 $77,000 March 31, 2018 June 30, 2017, no Coin Revenues 64% nine March 31, 2018, 69% nine March 31, 2017. Customers. five 13% 18% three nine March 31, 2018, 19% 20%
Inventory, Policy [Policy Text Block]	Inventories Our inventories consist primarily of (i) coins which we have purchased pursuant to our coin authentication and grading warranty 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 first
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 we amortize these costs on a straight-line basis over the estimated useful life of the software of three three nine March 31, 2018 $213,000 $720,000, $352,000 $723,000 three nine March 31, 2017. three nine March 31, 2018, $180,000 $509,000, $122,000 $342,000 three nine March 31, 2017.
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 not not fourth 2017, July 1, 2017. three nine March 31, 2018 $128,000 $343,000, $171,000 $506,000 three nine March 31, 2017,
Stockholders' Equity, Policy [Policy Text Block]	Dividends Through the second 2018, $0.35 February 2018, $0.175 third 2018. may 11
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers July 2015, one first 2019 first 2018. March 2016, 2016 08, 606 May 2016, 2016 2016 12, 606 606. not first 2019 In February 2016, 2016 02 Accounting for Leases 12 not December 15, 2018, In March 2016, 2016 09 Compensation–Stock Compensation: Improvements to Employee Share-Based Payment Accounting July 1, 2017. nine March 31, 2018 $638,000, 2013 first In August 2016, No, 2016 15 Statement of Cash Flows-Classification of Certain Cash Receipts and Cash Payments. eight zero not December 15, 2017 In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 not December 9, 2019. not In May 2017, 2017 09 Compensation-Stock Compensation not not December 15, 2017. 1 not 2 not not

Note 1 - Summary of Significa18

Note 1 - Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Share-based Compensation Award Vesting Cumulative [Table Text Block]	Financial Performance Goal s Threshold Target Maximum Percent of PSUs Earned 10 % 50 % 100 %

Note 2 - Inventories (Tables)

Note 2 - Inventories (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Inventory, Current [Table Text Block]	Inventories consist of the following (in thousands): March 31 , June 30, 2018 201 7 Coins $ 479 $ 458 Other collectibles 477 391 Grading raw materials consumable inventory 3,113 2,850 4,069 3,699 Less inventory reserve (1,140 ) (977 ) Inventories, net $ 2,929 $ 2,722

Note 3 - Property and Equipme20

Note 3 - Property and Equipment (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Property, Plant and Equipment [Table Text Block]	Property and equipment consist of the following (in thousands): March 31 , June 30, 201 8 201 7 Coins grading reference sets $ 263 $ 263 Computer hardware and equipment 2,044 2,916 Computer software 1,518 1,276 Equipment 4,467 6,063 Furniture and office equipment 911 1,177 Leasehold improvements 4,713 1,316 Trading card reference library 52 52 13,968 13,063 Less accumulated depreciation and amortization (5,392 ) (9,900 ) Property and equipment, net $ 8,576 $ 3,163

Note 4 - Accrued Liabilities (T

Note 4 - Accrued Liabilities (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	Accrued liabilities consist of the following (in thousands): March 31 , June 30, 2018 201 7 Warranty reserves $ 594 $ 834 Professional fees 93 84 Other 1,197 734 $ 1,884 $ 1,652
Schedule of Product Warranty Liability [Table Text Block]	Nine Months Ended Ma r ch 31 , 2018 2017 Warranty reserve beginning of period $ 834 $ 892 Provision charged to cost of revenues 343 506 Payments (583 ) (268 ) Warranty reserve, end of period $ 594 $ 1,130

Note 7 - Net Income Per Share (

Note 7 - Net Income Per Share (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, Nine Months Ended March 31, 2018 2017 2018 2017 Weighted average shares outstanding: Basic 8,703 8,482 8,651 8,478 Dilutive effect of restricted shares 199 87 204 91 Weighted average shares outstanding: Diluted 8,902 8,569 8,855 8,569

Note 8 - Business Segments (Tab

Note 8 - Business Segments (Tables)	9 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2018 20 17 2018 20 17 Net revenues from external customers: Coins (1) $ 10,780 $ 12,825 $ 32,817 $ 35,776 Trading cards and autographs 5,449 4,427 15,192 12,965 Other 1,283 1,344 3,319 3,465 Consolidated total revenue $ 17,512 $ 18,596 $ 51,328 $ 52,206 Amortization and depreciation: Coins $ 271 $ 163 $ 652 $ 461 Trading cards and autographs 123 51 265 159 Other 143 127 420 398 Total 537 341 1,337 1,018 Unallocated amortization and depreciation 121 73 275 225 Consolidated amortization and depreciation $ 658 $ 414 $ 1,612 $ 1,243 Stock-based compensation: Coins $ 152 $ 28 $ 266 $ 56 Trading cards and autographs 16 3 47 8 Other 21 2 42 6 Total 189 33 355 70 Unallocated stock-based compensation 312 86 596 260 Consolidated stock-based compensation $ 501 $ 119 $ 951 $ 330 Operating income: Coins $ 2,077 $ 4,481 $ 7,434 $ 12,033 Trading cards and autographs 1,385 1,006 3,879 3,008 Other 302 388 820 808 Total 3,764 5,875 12,133 15,849 Unallocated operating expenses (1,778 ) (1,166 ) (5,386 ) (3,855 ) Consolidated operating income $ 1,986 $ 4,709 $ 6,747 $ 11,994
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	March 31 , June 30, 2018 201 7 Identifiable Assets: Coins $ 11,083 $ 9,128 Trading cards and autographs 3,485 1,547 Other 3,030 3,198 Total 17,598 13,873 Unallocated assets 14,768 14,736 Consolidated assets $ 32,366 $ 28,609 Goodwill: Coins $ 515 $ 515 Other 1,568 1,568 Consolidated goodwill $ 2,083 $ 2,083

Note 1 - Summary of Significa24

Note 1 - Summary of Significant Accounting Policies (Details Textual)	Jun. 30, 2020shares	Jun. 30, 2019shares	Sep. 15, 2018	Jun. 30, 2018shares	Dec. 26, 2017USD ($)shares	Sep. 15, 2017USD ($)	Jan. 10, 2017USD ($)	Mar. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)$ / shares	Mar. 31, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)
Goodwill and Intangible Asset Impairment, Total											$ 0
Allocated Share-based Compensation Expense, Total								$ 501,000		$ 119,000	951,000	$ 330,000
Cash and Cash Equivalents, at Carrying Value, Ending Balance								9,179,000	$ 9,826,000	10,836,000	9,179,000	10,836,000	$ 9,826,000	$ 11,967,000
Money Market Funds, at Carrying Value								3,425,000			3,425,000
Other Cash Equivalents, at Carrying Value								5,754,000			5,754,000
Cash, Ending Balance								3,570,000			3,570,000
Cash, Uninsured Amount								4,899,000			4,899,000
Allowance for Doubtful Accounts Receivable, Current, Ending Balance								69,000	$ 77,000		69,000		$ 77,000
Capitalized Computer Software, Additions								213,000		352,000	720,000	723,000
Capitalized Computer Software, Amortization								180,000		122,000	509,000	342,000
Product Warranty Expense								$ 128,000		171,000	343,000	506,000
Common Stock, Dividends, Per Share, Cash Paid | $ / shares								$ 0.175	$ 0.35
Income Tax Expense (Benefit), Total								$ 630,000		$ 1,765,000	1,678,000	$ 4,467,000
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit), Total											$ 638,000
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life											3 years
Sales Revenue, Services, Net [Member] | Product Concentration Risk [Member] | Coins [Member]
Concentration Risk, Percentage											64.00%	69.00%
Sales Revenue, Services, Net [Member] | Customer Concentration Risk [Member] | Five Customers [Member]
Concentration Risk, Percentage								13.00%		19.00%	18.00%	20.00%
Unsecured Debt [Member] | CB&T [Member]
Debt Instrument, Term						5 years
Long-term Debt, Total						$ 3,500,000		$ 3,000,000			$ 3,000,000
Revolving Credit Facility [Member] | California Bank and Trust [Member]
Debt Instrument, Term							3 years
Line of Credit Facility, Maximum Borrowing Capacity							$ 10,000,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage							0.0625%
Line of Credit Facility, Average Outstanding Amount							$ 4,000,000
Long-term Line of Credit, Total								0			0
Revolving Credit Facility [Member] | California Bank and Trust [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate							2.25%
Revolving Credit Facility [Member] | California Bank and Trust [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate							(0.25%)
Line of Credit [Member] | Unsecured Debt [Member] | CB&T [Member] | Minimum [Member]
Debt Instrument, Interest Rate, Stated Percentage						2.25%
Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Unsecured Debt [Member] | CB&T [Member]
Debt Instrument, Basis Spread on Variable Rate						2.25%
Line of Credit [Member] | Prime Rate [Member] | Unsecured Debt [Member] | CB&T [Member]
Debt Instrument, Basis Spread on Variable Rate						(0.25%)
CHINA
Cash, Ending Balance								2,889,000			2,889,000
Retention Shares [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options					$ 1,276,000
Allocated Share-based Compensation Expense, Total								266,000			266,000
Performance Shares [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options					$ 1,276,000
Allocated Share-based Compensation Expense, Total								$ 501,000		$ 119,000	$ 951,000	$ 330,000
Retention Shares, Annual Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares					21,090
Retention Shares, One Time Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares					21,090
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance | shares													0
Performance-based Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance | shares													0
Scenario, Forecast [Member] | Term Loan [Member] | Unsecured Debt [Member] | CB&T [Member]
Debt Instrument, Term			4 years
Debt Instrument, Number of Payments			48
Prepayment Penalty, Percentage of Principal Amount Threshold			20.00%
Scenario, Forecast [Member] | Term Loan [Member] | Unsecured Debt [Member] | CB&T [Member] | Minimum [Member]
Debt Instrument, Interest Rate, Stated Percentage			2.25%
Scenario, Forecast [Member] | Retention Shares, Annual Grants [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | shares		7,030
Scenario, Forecast [Member] | Retention Shares, Annual Grants [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | shares				7,030
Scenario, Forecast [Member] | Retention Shares, Annual Grants [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | shares	7,030
Scenario, Forecast [Member] | Retention Shares, One Time Grants [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | shares		10,545
Scenario, Forecast [Member] | Retention Shares, One Time Grants [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period | shares				10,545
The 2013 Long-Term Performance-Based Equity Incentive Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage													50.00%
The 2013 Long-Term Performance-Based Equity Incentive Program [Member] | Scenario, Forecast [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				50.00%
The 2018 LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares					84,360
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Grant Date Fair Value					$ 2,552,000
The 2018 LTIP [Member] | Retention Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares					42,180
The 2018 LTIP [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares					42,180

Note 1 - Summary of Significa25

Note 1 - Summary of Significant Accounting Policies - Shared-based Compensation Award Vesting Schedule (Details) - Performance Shares [Member]	9 Months Ended
	Mar. 31, 2018
Threshold Performance Goal [Member]
Vesting percentage of equity awards	10.00%
Target Performance Goal [Member]
Vesting percentage of equity awards	50.00%
Maximum Performance Goal [Member]
Vesting percentage of equity awards	100.00%

Note 2 - Inventories - Inventor

Note 2 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Inventory, gross	$ 4,069		$ 3,699
Less inventory reserve	(1,140)		(977)
Inventories, net	2,929	$ 2,722	2,722
Coins [Member]
Inventory, gross	479		458
Other Collectibles [Member]
Inventory, gross	477		391
Grading Raw Materials Consumable [Member]
Inventory, gross	$ 3,113		$ 2,850

Note 3 - Property and Equipme27

Note 3 - Property and Equipment (Details Textual) - USD ($)	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Leasehold Improvements Contributed by Landlord	$ 2,949,000
New Corporate Headquarter [Member]
Leasehold Improvements, Gross	4,108,000
Leasehold Improvements Contributed by Landlord	$ 2,949,000

Note 3 - Property and Equipme28

Note 3 - Property and Equipment - Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Property and equipment, gross	$ 13,968		$ 13,063
Less accumulated depreciation and amortization	(5,392)		(9,900)
Property and equipment, net	8,576	$ 3,163	3,163
Coins and Stamp Grading Reference Sets [Member]
Property and equipment, gross	263		263
Computer Equipment [Member]
Property and equipment, gross	2,044		2,916
Computer Software [Member]
Property and equipment, gross	1,518		1,276
Equipment [Member]
Property and equipment, gross	4,467		6,063
Furniture and Office Equipment [Member]
Property and equipment, gross	911		1,177
Leasehold Improvements [Member]
Property and equipment, gross	4,713		1,316
Trading Card Reference Library [Member]
Property and equipment, gross	$ 52		$ 52

Note 4 - Accrued Liabilities -

Note 4 - Accrued Liabilities - Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Warranty reserves	$ 594		$ 834
Professional fees	93		84
Other	1,197		734
	$ 1,884	$ 1,652	$ 1,652

Note 4 - Accrued Liabilities 30

Note 4 - Accrued Liabilities - Warranty Reserve Activity (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Warranty reserve beginning of period	$ 834	$ 892
Provision charged to cost of revenues	343	506
Payments	(583)	(268)
Warranty reserve, end of period	$ 594	$ 1,130

Note 6 - Income Taxes (Details

Note 6 - Income Taxes (Details Textual) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2018	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2018
Effective Income Tax Rate Reconciliation, Percent, Total	30.00%	37.00%		24.00%	37.00%
Income Tax Expense (Benefit) Tax Reform Act Amount				$ 131,000
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability				265,000
Effective Income Tax Rate Reconciliation, Tax Reform Act, Repatriation of Foreign Earnings, Amount				$ (134,000)
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%			28.10%

Note 7 - Net Income Per Share32

Note 7 - Net Income Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	50,349	10,000
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			42,180

Note 7 - Net Income Per Share -

Note 7 - Net Income Per Share - Computation of Basic and Diluted Net Loss Per Common Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Weighted average shares outstanding: Basic (in shares)	8,703	8,482	8,651	8,478
Weighted average shares outstanding: Diluted (in shares)	8,902	8,569	8,855	8,569
Restricted Stock [Member]
Dilutive effect of restricted shares (in shares)	199	87	204	91

Note 8 - Business Segments (Det

Note 8 - Business Segments (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)
Number of Reportable Segments			3
Revenues, Total	$ 17,512	$ 18,596	$ 51,328	$ 52,206
Outside the United States [Member] | Coins [Member] | Service [Member]
Revenues, Total	2,000	1,300	9,100	7,000
CHINA | Coins [Member] | Service [Member]
Revenues, Total	$ 1,200	$ 500	$ 6,700	$ 5,100

Note 8 - Business Segments - Se

Note 8 - Business Segments - Segment Reporting Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Net revenues		$ 17,512	$ 18,596	$ 51,328	$ 52,206
Depreciation and amortization		658	414	1,612	1,243
Stock-based compensation		501	119	951	330
Operating income		1,986	4,709	6,747	11,994
Operating Segments [Member]
Depreciation and amortization		537	341	1,337	1,018
Stock-based compensation		189	33	355	70
Operating income		3,764	5,875	12,133	15,849
Segment Reconciling Items [Member]
Depreciation and amortization		121	73	275	225
Stock-based compensation		312	86	596	260
Operating income		(1,778)	(1,166)	(5,386)	(3,855)
Coins [Member] | Operating Segments [Member]
Net revenues	[1]	10,780	12,825	32,817	35,776
Depreciation and amortization		271	163	652	461
Stock-based compensation		152	28	266	56
Operating income		2,077	4,481	7,434	12,033
Trading Cards and Autographs [Member] | Operating Segments [Member]
Net revenues		5,449	4,427	15,192	12,965
Depreciation and amortization		123	51	265	159
Stock-based compensation		16	3	47	8
Operating income		1,385	1,006	3,879	3,008
Other Segments [Member] | Operating Segments [Member]
Net revenues		1,283	1,344	3,319	3,465
Depreciation and amortization		143	127	420	398
Stock-based compensation		21	2	42	6
Operating income		$ 302	$ 388	$ 820	$ 808
[1]	Includes service revenues of $2.0 million and $9.1 million generated from outside the United States in the three and nine months ended March 31, 2018 as compared to $1.3 million and $7.0 million in the three and nine months ended March 31, 2017. China revenues included above were $1.2 million and $6.7 million in the three and nine months ended March 31, 2018 as compared to $0.5 million and $5.1 million in the three and nine months ended March 31, 2017.

Note 8 - Business Segments - Re

Note 8 - Business Segments - Reconciliation of Assets to Consolidated From Segment (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Jun. 30, 2017
Identifiable Assets:
Assets	$ 32,366	$ 28,609	$ 28,609
Goodwill:
Goodwill	2,083	$ 2,083	2,083
Operating Segments [Member]
Identifiable Assets:
Assets	17,598		13,873
Operating Segments [Member] | Coins [Member]
Identifiable Assets:
Assets	11,083		9,128
Goodwill:
Goodwill	515		515
Operating Segments [Member] | Trading Cards and Autographs [Member]
Identifiable Assets:
Assets	3,485		1,547
Operating Segments [Member] | Other Segments [Member]
Identifiable Assets:
Assets	3,030		3,198
Goodwill:
Goodwill	1,568		1,568
Segment Reconciling Items [Member]
Identifiable Assets:
Assets	$ 14,768		$ 14,736

Note 9 - Related-party Transa37

Note 9 - Related-party Transactions (Details Textual) - Mr. Hall's Immediate Family Member [Member] - Grading and Authentication Fees [Member] - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Related Party Transaction, Other Revenues from Transactions with Related Party	$ 394,000	$ 665,000	$ 1,649,000	$ 1,611,000
Accounts Receivable, Related Parties, Current	$ 97,000		$ 97,000		$ 268,000

Note 11 - Subsequent Events (De

Note 11 - Subsequent Events (Details Textual) - $ / shares	May 01, 2018	Apr. 30, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Common Stock, Dividends, Per Share, Declared			$ 0.175	$ 0.35	$ 0.875	$ 1.05
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.175
Dividends Payable, Date Declared		May 1, 2018
Dividends Payable, Date to be Paid		May 25, 2018
Dividends Payable, Date of Record		May 16, 2018