Press Releases
Superior Galleries Announces Alliance With GoAntiques
Beverly Hills, California - (Business Wire) - November 3, 2005 - Superior Galleries, Inc. ("Superior") (OTC Bulletin Board: SPGR) announced today its alliance with GoAntiques.com a leading on-line virtual market place for arts, antiques and collectibles in listing Superior's rare coins.
Silvano DiGenova, CEO and Chairman of Superior, commented "Our alliance with GoAntiques.com is another cornerstone in our on-line strategy. I believe that our visibility and activity on-line will continue to be enhanced through this new arrangement. We look forward to a mutually beneficial relationship with GoAntiques.com."
DiGenova further commented, "I see joining GoAntiques.com as a complimentary blend of two leading services. With more than 2 million visits a month and their position as an online leader in collectibles ecommerce, GoAntiques offers a tremendous opportunity for Superior to offer its services to a savvy, experienced antique and collectibles marketplace," he said. "Whether collectors need help with a single coin, collection, institutional or estate holdings, we are available to help."
"Superior Galleries is long recognized as a national leader in rare coins," said Jim Kamnikar, president of GoAntiques.com. "Their clientele range from the beginner to experienced coin enthusiasts. Superior deals in all aspects of the coin industry, from ultra-rare finds to auction sales of famous collections and also handles consignments and appraisals. They are the perfect addition to solidify our Coin Channel on GoAntiques."
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. Investors and others are advised that our arrangement with GoAntiques.com can be terminated by either party at any time. 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
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