Press Release

Black, Starr & Frost, and GCAL Sponsor Women in Entertainment Breakfast Honoring Meryl Streep

NEWPORT BEACH, CA – Alfredo J. Molina, CEO of Black, Starr & Frost, America’s first premier jeweler, has teamed up with diamond authentication and grading service Gem Certification & Assurance Lab (GCAL), a subsidiary of Collectors Universe, Inc. (Nasdaq: CLCT), to honor Meryl Streep and her charity of choice, Equality Now, at The Hollywood Reporter’s annual Women in Entertainment breakfast on Tuesday, December 5, at the Beverly Hills Hotel. Ms. Streep, a two-time Academy Award winner, will receive the Sherry Lansing Leadership Award at the breakfast, which is being presented by Lifetime Television in conjunction with the publication of The Hollywood Reporter’s 15th annual Women in Entertainment Power 100 Special Issue.

In recognition of Ms. Streep’s award, Black, Starr & Frost is donating a breathtaking Journey Diamond Necklace valued at $25,000, and it will be auctioned by Heritage Auction Galleries immediately following the breakfast. The 18-karat gold and platinum necklace has three graduated, round brilliant cut diamonds with a total weight of 2.35 carats.

"Black, Starr & Frost is committed to conducting our business with integrity, and we have had the honor of representing nature’s most beautiful creation for nearly two centuries," Mr. Molina stated. "We are honored to support Ms. Streep and her most worthy cause."

The necklace also is accompanied by a Source Veritas Passport diamond certificate issued by GCAL that guarantees the quality of diamonds and assures the diamonds were sourced in compliance with the Kimberley Process and US Clean Diamond Act. The diamonds were sourced by Pluczenik, a Diamond Trading Company Sightholder and a diamond supplier since 1948.

Master Gemologist Appraiser Don Palmieri, the president of GCAL, said, "We are very proud to be associated with this prestigious group of smart, influential women; and we are thrilled to be able to support Ms. Streep's charity.".

The Source Veritas Passport is a patent-pending process of GCAL that for the first time, assures the consumer that their diamond is compliant with the Kimberley Process from mine to market. The Source Veritas Passport also assures that the polished diamond was cut and polished from a rough diamond that is in compliance with the 2003 Clean Diamond Act. The Source Veritas Passport from GCAL secures the identification of the diamond with the "fingerprint" of the diamond using the patented Gemprint technology and stores the digital image of the diamond fingerprint in an Internet database for positive identification. The GCAL Gemprint is a deterrent to the switching of diamonds and can be used to recover a lost or stolen diamond. GCAL offers a full cash-back guarantee should there be a defined error in color or clarity grading.

Copies of the actual GCAL Source Veritas Passport issued on the Black, Starr & Frost necklace will be placed on each seat at the breakfast with details about the December 6th auction.

About Gem Certification and Assurance Lab
Gem Certification & Assurance Lab (GCAL) is a subsidiary of Collectors Universe, Inc., a NASDAQ Global Markets traded company (CLCT NASDAQ listed). GCAL provides diamond certification with bundled services including guaranteed grading, Gemprint and direct light performance analysis as well as Source Veritas and Ideal Cut certificates ( GCAL is the Official Diamond Laboratory of the International Colored Gemstone Association for North America.

CONTACTS: Laurie A. Hudson / Frank Proctor
Luxury Brand Group
(949) 724-9245

Nadine Allen
Black, Starr & Frost
(480) 513-8360

Donald A Palmieri, President
(212) 869-8985