Collectors Universe Inc. announced that A. Clinton Allen, who has served as Non-Executive Chairman of the company's Board of Directors for the past 14 years, has decided to retire as Non-Executive Chairman of the Board of Directors, effective as of December 31, 2017; but will continue to serve as a member of the Board. The Board of Directors of the Company has unanimously selected Bruce A. Stevens, who has been an outside Board member and Chairman of the Nominating and Governance Committee since December 2006, to succeed Mr. Allen as the next Non-Executive Chairman of the Board. Mr. Stevens, who is succeeding Mr. Allen as Non-Executive Chairman, has extensive management and board experience, having served as President and Chief Executive Officer of Steinway & Sons and as a director of its parent company, Steinway Musical Instruments Inc.