FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *   Shamrock Activist Value Fund L P 2. Date of Event Requiring Statement (Month/Day/Year) 12/19/2006 3. Issuer Name and Ticker or Trading Symbol COLLECTORS UNIVERSE INC [CLCT] (Last) (First) (Middle) 4444 LAKESIDE DRIVE 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) BURBANK, CA 91505 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 465,205 D (1) (4) (5) (6)   Common Stock 326,655 I (2) (4) (5) (6) See footnotes (2) (4) (5) (6) Common Stock 57,361 I (3) (4) (5) (6) See footnotes (3) (4) (5) (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Shamrock Activist Value Fund L P 4444 LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â
Shamrock Activist Value Fund II, L.P. 4444 W. LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â
Shamrock Activist Value Fund III, L.P. 4444 W. LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â
Shamrock Partners Activist Value Fund, L.L.C. 4444 W. LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â
Shamrock Activist Value Fund GP, L.L.C. 4444 W. LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â
GOLD STANLEY P 4444 W. LAKESIDE DRIVE BURBANK, CA 91505	Â	  X	Â	Â

Signatures

/s/ SHAMROCK ACTIVIST VALUE FUND, L.P.		12/21/2006
**Signature of Reporting Person		Date
/s/ SHAMROCK ACTIVIST VALUE FUND II, L.P.		12/21/2006
**Signature of Reporting Person		Date
/s/ SHAMROCK ACTIVIST VALUE FUND III, L.P.		12/21/2006
**Signature of Reporting Person		Date
/s/ Stanley P. Gold		12/21/2006
**Signature of Reporting Person		Date
/s/ SHAMROCK ACTIVIST VALUE FUND, L.P., Authorized Person		12/21/2006
**Signature of Reporting Person		Date
/s/ Shamrock Activisit Value Fund GP, L.L.C., its General Partner		12/21/2006
**Signature of Reporting Person		Date
/s/ Shamrock Partners Activisit Value Fund, L.L.C., its Managing Member		12/21/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shamrock Activist Value Fund, L.P. ("SAVF") directly owns these shares (the "SAVF Shares") of Common Stock of Collectors Univers, Inc. (the "Company").
(2)	Shamrock Activist Value Fund II, L.P. ("SAVF II") directly owns these shares (the "SAVF II Shares") of Common Stock of the Company.
(3)	Shamrock Activist Value Fund III, L.P. ("SAVF III") directly owns these shares (the "SAVF III Shares" and, collectively with the SAVF Shares and the SAVF II Shares, the "Activist Value Shares") of Common Stock of the Company.
(4)	SAVF, SAVF II and SAVF III have the same general partner. Accordingly, each of SAVF, SAVF II and SAVF III may be deemed for purposes of Section 16 of the Exchange Act of 1934, as amended (the "Exchange Act"), to be beneficial owners of the Activist Value Shares. Each of SAVF, SAVF II and SAVF III disclaims beneficial ownership of the others' shares of the Company, and this report shall not be deemed an admission that either SAVF, SAVF II or SAVF III is a beneficial owner of the others' shares of the Company for purposes of Section 16 or for any other purpose.
(5)	Shamrock Activist Value Fund GP, L.L.C. (the "General Partner") is the general partner of SAVF, SAVF II and SAVF III. Shamrock Partners Activist Value Fund, L.L.C. ("Shamrock Partners") is the Managing Member of the General Partner. Stanley P. Gold and Shamrock Holdings of California, Inc. ("SHOC") are each a Managing Member of Shamrock Partners. SHOC is also a Special Limited Partner of SAVF. Shamrock Holdings, Inc. ("SHI") is the sole stockholder of SHOC. Mr. Gold is the sole trustee of four trusts, which hold an aggregate of approximately more than 50% of SHI common stock. Accordingly, Mr. Gold may be deemed a controlling stockholder of SHI. Mr. Gold is a Director and President of both SHI and SHOC.
(6)	Each of the General Partner, Shamrock Partners, Mr. Gold, SHOC and SHI may be deemed for purposes of Section 16 of the Exchange Act to be indirect beneficial owners of the Activist Value Shares. The General Partner, Shamrock Partners, Mr. Gold, SHOC and SHI disclaim beneficial ownership of the Activist Value Shares except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person is a beneficial owner of the Activist Value Shares for purposes of Section 16 or for any other purpose.
  Remarks: Each of SAVF II, SAVF III and Stanley P. Gold have authorized SAVF to execute on their behalf this Form 3 and all subsequent Forms 4 and 5 with respect to securities of the Company. See the attached Authorization (Exhibit 24).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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