David Hall on FOX Business Network

PCGS founder David Hall with Fox Business Network reporter Louise Pennell

Collectors Universe, Inc. President and Professional Coin Grading Service co-founder, David Hall, was a featured guest on the FOX Business Network on Friday, May 29, 2009. He was interviewed about gold in a live broadcast from the Long Beach Coin, Stamp & Collectibles Expo.

Hall held a PCGS-certified "common date" Saint-Gaudens double eagle for some show-and-tell during the brief segment with FOX Business reporter Louise Pennell. He noted that the coin's price has gone from around $400 five years ago to a current value of $1,250. He said when people inquire now about buying gold coins, he asks them, "Where have you been? Where were you when it was $250, $350 or $400 (an ounce)?"

"A lot of people are thinking about gold (now) because of the deterioration of the dollar," Hall explained on camera.

In an earlier live interview segment from the Long Beach Expo that day, Scott A. Travers, author of "The Coin Collector's Survival Manual," also used a PCGS-certified Saint-Gaudens double eagle to emphasize his comment that "Gold is the place to be. In this financial crisis we've seen gold hold its own and perform incredibly well."

PCGS (www.PCGS.com) and the Long Beach Coin, Stamp & Collectibles Expo (www.LongBeachShow.com) are both divisions of Collectors Universe, Inc. (NASDAQ: CLCT).

The next Long Beach Coin Expo will be conducted September 10 - 12, 2009 in the Long Beach, California Convention Center.