Beverly Hills, California - (Business Wire) - October 31, 2005 - Superior Galleries, Inc. ("Superior") (OTC Bulletin Board: SPGR) announced today that Larry Abbott, Superior's Executive Vice President and Chief Sales Officer has assumed the role of Chief Operating Officer.

Mr. Abbott, in addition to his responsibilities for sales and marketing, will have overall responsibility for all day-to-day operating activities. Mr. Abbott joined Superior on June 1, 2005.

"Larry has already made significant progress in positioning Superior for future sales growth and with his new responsibilities will use his considerable experience and expertise to increase the effectiveness of our operations" commented Silvano DiGenova, Chairman and CEO of Superior Galleries.

Larry Abbott commented "I am excited about the future prospects for Superior and I am honored by the confidence placed in me by Silvano in my appointment as Chief Operating Officer."

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 www.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 growth potential, future revenues and revenue growth, 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, changes in investment recommendations by financial advisors 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.

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

Investor Relations Contacts:

CCG Investor Relations
Sean Collins, Partner, at 310-477-9800
www.ccgir.com

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