WPT Memorabilia Authenticated

NEWPORT BEACH, California – (PRESS RELEASE) -- Collectors Universe, Inc. (Nasdaq: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of high-value collectibles, announced today that it has provided services under its PSA/DNA division to WPT Enterprises Inc. (Nasdaq: WPTE) to authenticate memorabilia from the WPT World Championship to be aired on June 29, 2005.

The WPT World Championship, the culminating event in THE WORLD POKER TOUR'S(TM) third season, was held from April 18-24, 2005 in the Bellagio Hotel and Casino in Las Vegas. The WPT World Championship attracts well-known and established professionals on the poker circuit and also draws a loyal fan base.

Collectors Universe authenticated a number of noteworthy items from this year's event that included poker chips signed by each of the six world-renowned players from the final, championship table, the two hole cards from each of the two players in the deciding and final championship hand in the poker game "Texas Hold 'Em" along with the five common cards from the center of the table in the championship hand, the felt from the championship poker table signed by both the WPT Champion and the second place finisher, and other poker items. These items will be listed on http://www.eBay.com beginning June 30, 2005.

Michael Haynes, Chief Executive Officer of Collectors Universe, commented, "We are delighted to have the opportunity to work with the prestigious WORLD POKER TOUR and provide our authentication services to items used in such an exciting championship event. In our PSA/DNA division, we have authenticated more than a few famous items and we are pleased to be able to use our expertise in the WPT World Championship event. We believe these authentic memorabilia items from the championship table will make this year's event even more memorable for years to come."

WPTE's Founder and Chief Executive Officer, Steve Lipscomb, acknowledged the importance of Collectors' authentication. "We want our fans to know they are getting the real thing," he said. "It has become clear that fans and collectors value WORLD POKER TOUR memorabilia and collectibles. This assures our winning bidders that they are getting the genuine article -- a piece of the WORLD POKER TOUR."

The WPT World Championship Season III event will be broadcast on the Travel Channel on Wednesday, June 29, 2005 at 9 P.M. PT.