Collectors Universe Provides Authentication of Memorabilia From the WORLD POKER TOUR(TM) (WPT) World Championship

Collectors Universe Provides Authentication of Memorabilia From
the WORLD POKER TOUR(TM) (WPT) World Championship
Collectors' PSA/DNA Division Adds WPT Items to Its List of Authenticated and
Certified Well-Known Autographed Collectibles 


NEWPORT BEACH, Calif., June 23  /PRNewswire-FirstCall/ -- 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.

About Collectors Universe

Collectors Universe, Inc. is a leading provider of value added services to the
high-value collectibles markets.  The Collectors Universe brands are among the
strongest and best known in their respective markets.  The Company
authenticates and grades collectible coins, sports cards, autographs and
stamps.  The Company also compiles and publishes authoritative information
about collectible sports cards and sports memorabilia, United States and world
coins, and entertainment memorabilia.  This information is accessible to
collectors and dealers at the Company's web site, http://www.collectors.com/,
and is also published in print.

About WPT Enterprises, Inc.

WPT Enterprises, Inc. (NASDAQ:WPTE) is a company engaged in the creation of
internationally branded entertainment and consumer products driven by the
development, production, and marketing of televised programming based on gaming
themes.  WPTE is the creator of the World Poker Tour(R), a television show
based on a series of high-stakes poker tournaments that airs on the Travel
Channel in the United States and more than 67 markets globally.  WPT
Enterprises currently licenses its brand to companies in the business of poker
equipment and instruction, apparel, publishing, electronic and wireless
entertainment, DVD/home entertainment, casino games, and giftware.  For show
information, tools for improving poker play, and other WPT news, fans may log
on to http://www.worldpokertour.com/.  The company is also engaged in the sale
of corporate sponsorships.  WPT Enterprises, Inc. is a majority owned
subsidiary of Lakes Entertainment, Inc. (NASDAQ:LACOE).  Photos and media
information can be found online at: http://www.worldpokertour.com/.

   Contacts:

   Mike Lewis
   Chief Financial Officer
   Collectors Universe
   949-567-1375
   Email: 

   Brandi Piacente
   Investor Relations
   The Anne McBride Co.
   212-983-1702 x208
   Email: 

   Jackie Lapin/Jim Llewellyn
   WORLD POKER TOUR
   818-707-1473
   Email: 

DATASOURCE: Collectors Universe, Inc.



CONTACT:  Mike Lewis, Chief Financial Officer of Collectors Universe,

[phone], ; or Brandi Piacente, Investor Relations

of The Anne McBride Co., [phone] ext. 208, ,

for Collectors Universe, Inc.; or Jackie Lapin, , and Jim

Llewellyn, both of the WORLD POKER TOUR, [phone]



Web site:  http://www.ebay.com/ 

Web site:  http://www.worldpokertour.com/ 

Web site:  http://www.collectors.com/ 

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