NEWPORT BEACH, Calif.-(BUSINESS WIRE)-Jan. 8,2003-Tangible Asset Galleries Inc. ("Tangible"), (Pink Sheets:TAGZ - News), announced the funding of a $500,000 bridge loan from Stanford Venture Capital Holdings Inc. ("Stanford"), in anticipation of a proposed $2,000,000 capital infusion by Stanford into Tangible in the form of Series D convertible preferred shares.

The preferred stock transaction is currently scheduled to close within the next 30 days. Funding in the form of additional bridge loans pdor to the closing is expected to commence on Jan. 15, 2003. Upon final funding of the Series D share issuance, the bridge loans will be repaid.

This $2,000,000 Series D preferred shares will be convertible into common shares. Currently, Stanford controls approximately 38% of the outstanding common shares on an "as converted basis." This percentage reflects the pro forma conversion of all of Stanford's preferred shares into common shares, but excludes the exercise of outstanding warrants and options.

Effective at the closing of the series D preferred shares transaction, Stanford will control approximately 51% of the outstanding common shares on an "as converted basis." In addition, Silvano A. DiGenova, CEO of Tangible, will be converting $700,000 of Series C preferred shares into Series D convertible preferred shares.

DiGenova said: "I am extremely pleased with the commitment from Stanford showing their continued support and belief in the company. Furthermore with this additional capital, from the Series D share issuance we anticipate expanding our rare coin wholesale and retail operafions."

Tangible Asset Galleries is a publicly traded company, which together with its subsidiary, Superior Gailedes acts as a dealer and auctioneer in rare coins, fine art and other fine collectables. The firm markets its products through two prestigious locations, one in Newport Beach and the other in Beverly Hills, Calif., as well as through the company's Web site at sgbh.com.

Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act. 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding future funding plans. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such 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 the lack of a binding commitment from Stanford to complete the Series D financing described above. No assurance can be given that such financing will be completed. The company's actual results could differ materially from those anticipated in the forward looking statements as a results of certain factor including sales level, distribution and competition trends and other market factors.

Contact:
Tangible Asset Galleries, Inc., Beverly Hills
Paul Biberkraut, 949-566-0021
paulb@sgbh.com