Beverly Hills, California--(BUSINESS WIRE)-June 4, 2007--Superior Galleries, Inc. ("Superior") (DGSE) announced today the results of its May 27-28, 2007 Beverly Hills Elite Auction. This event was anchored by collections including the Sunberg Copper Collection, the Tanque Verde Collection, and the Siegel Law Collection. Prices realized from this successful auction totaled $1,750,000 inclusive of the buyer's premium.

Some highlights of this auction include:

Lot 1096 Ð 1866 $20 PCGS PF64   $126,500 
Lot 1055 Ð 1795 $10 Capped Bust NGC AU58 $75,000 
Lot 1089 - 1868 $20 NGC MS63 $59,800
Lot 1057 Ð 1799 $10 Capped Bust PCGS MS62 $37,950 
Lot 966 Ð 1858-D $1 Gold PCGS MS64 $36,800
Lot 1008 Ð 1909 $2.50 Indian NGC PF66 $35,075
Lot 1191 Ð 1882 $10 National Bank Note, AU $34,500

Commenting on the Superior Beverly Hills Elite Auction, Executive Vice President Larry Abbott said, "We are very pleased to have built upon the continuing strength of our recent auctions and our ability to offer the freshest material to our clients. Our 90% sell through rate on a lot basis is a testament to the attention and care that we have been putting toward creating the finest Auctions in the industry. Personalized marketing to key bidders helped drive prices on important lots, such as the 1866 PCGS PF66 $20 that realized more than double current CDN Bid, and the 1882 $10 Nevada National Bank of San Francisco Note that realized an impressive $34,500.Ó

Mr. Abbott continued, "We are now concentrating our efforts on our August 3-4, 2007 Milwaukee Elite Auction at the Milwaukee Pre-Show, where Superior Galleries is the official auctioneer. This event will feature the $1 million Eagle Ridge Signature Collection, which is filled with hard-to-find collector coins. It should be a very exciting event." For more information on this auction or on how to consign to one of our future Elite Auctions, please contact Paul Song at 800-545-1001 or consign@sgbh.com. Space is limited in all of our exclusive Elite Auctions, so please contact us well in advance to reserve a spot alongside these or future special numismatic treasures.

Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including express and implied statements concerning future growth potential, future revenues, income, results of operations, expansion plans, and expectations. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that the expectations reflected in such forward-looking statements will prove to have been correct. These forward-looking statements are subject to certain risks and uncertainties, including market and other conditions that may affect our ability to expand our auction and dealer activities and control our operating costs and risks identified in our SEC filings. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors, including sales levels, operating costs, distribution and competition trends, consumer preferences, and other market factors. Past sales performance may not be indicative of future results. No assurances are given that sales trends or sales performance on behalf of consignors or customers will continue.