Beverly Hills, California - March 31, 2005 - Superior Galleries, Inc. (OTC Bulletin Board: SPGR) announced today that its principal shareholder and lender, Stanford Financial Group, has made an additional equity investment in the Company through its purchase of $2.5 million of Superior's Series E Convertible Preferred Stock and has also expanded Superior's auction advance and inventory line of credit to $10 million from $7.5 million. The Series E Preferred Stock is convertible into Superior's Common Stock at a rate of $6.00 per Common Share.

Silvano DiGenova, CEO of Superior Galleries, said, "We are pleased with Stanford's continued support of Superior. We believe that the additional equity investment and line of credit expansion clearly demonstrate Stanford's confidence in Superior's potential to grow and succeed as a leading rare coin dealer and auctioneer. The addition of $2.5 million in equity will help in our efforts to strengthen our balance sheet, and the expanded line of credit will allow us to continue to develop and execute our growth strategy through augmented advances to customers, investments in inventory and other strategic initiatives."

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 sgbh.com.

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 revenues, income and results of operations. 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. 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.

Contact:
Superior Galleries, Inc., Beverly Hills, California
Paul Biberkraut, CFO, at 310-203-9855 or paulb@sgbh.com
www.sgbh.com

CCG Investor Relations
Sean Collins, Partner, at 818-789-0100
www.ccgir.com

American Capital Ventures, Inc.
Howard Gostfrand, President, at 305-918-7000 or hg@amcpaventures.com
www.amcapventures.com