BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Jan. 8, 2004--Superior Galleries, Inc. (Pink Sheets:SPGR - News) announced today that prices realized from its Orlando Elite rare coin auction, held on January 6, 2004, exceeded $6.0 million. Among the highlights of the auction were an extremely rare 1854-S $2.50 Coronet Head Quarter Eagle formerly in the collection of oil magnate and Vail, Colorado real estate developer, Harry W. Bass, Jr. that realized $178,250 in competitive bidding. The coin, which is graded Uncirculated 50, is the finest known specimen among the 12 or so extant.

"Modern" coins, which represent U.S. coins struck after the Depression Era, remain very desirable. A 1961-D Washington Quarter Dollar graded Mint State 67 garnered $13,800 and a 1962-D Washington quarter realized $11,500.

The overall strength of the rare coin market was in evidence as 5 coins broke the $100,000 barrier, while another 129 items, comprising mostly single coin lots, realized from $10,000 to $97,750.

Superior Galleries, Inc. is a publicly traded company, acting as a dealer and auctioneer in rare coins and other fine collectibles. The firm markets its products through its prestigious location in Beverly Hills, California and the company's web site at superiorgalleries.com.

Past sales performance may not be indicative of future results. No assurance is given that sales trends or our sales performance on behalf of consignors or customers will continue.

Contact:
Superior Galleries, Inc., Beverly Hills
Paul Biberkraut, 310-203-9855
paulb@sgbh.com