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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Feb 22, 2013 9:12 AM Flag

    another new 30 day coin cert high: 259,890

    It looks like they are working 6 days/week and doing over 10K coins/day. That's $100K in gross profit just from coin grading every day!!

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    • followed up with 260,966

      I have to say, I figured by now that the cert rate would go down to the 200,000 mark and then hit 150,000 in April. That it is staying this high so far into the new year with the backlog as high as it is, is very encouraging.

      Over the past 8 years, the historical cert rate is 450,000/qtr on avg. There have been qtrs where it is worse and some better, but never as good as this qtr, EVER

      • 1 Reply to dbtunr
      • latest is 250,863 and that is with the company NOT working on this last Sat/Sun. Backlog is still going up. I am confounded by the number of coins they are pushing through AND the backlog still going up.

        If no new coins were submitted, it would take them through April to clear their backlog.

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