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8 September 2008

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Collectors Finance Corp. Offers Increased Loans

Collectors Finance Corporation (CFC) has increased its loan-to-value rates to offer collectors and dealers additional cash for loans on PCGS-certified coins held as collateral.

“We’re now lending 75 percent of the value of PCGS-graded generic gold and vintage coins; 65 percent on certified modern coins; and 80 percent of metal value on certified bullion coins,” said Mike Lewis, President of CFC, a division of Collectors Universe, Inc. (NASDAQ: CLCT).

Entire release: Collectors Finance Corp. Offers Increased Loans

Filed in: Coin Dealers, Coin Press Releases, CoinNews

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