Press Releases
Superior Galleries to Display First PCGS Registry Set of Rare $4 Gold "Stellas" at The Santa Clara Coin Expo
Beverly Hills, California - (Business Wire) - November 16, 2005 - Superior Galleries, Inc. ("Superior") (OTC Bulletin Board: SPGR) announced today that the #1 Professional Coin Grading Service Registry Set of $4 gold "Stellas" will be on display at its bourse table at the November 17th through 20th Santa Clara Coin, Stamp & Collectibles Expo. This set is part of the 10 coin Superior Galleries Collection of "Stellas", valued at nearly $5 million. The entire set will be on display, including the two highlights of the collection, an 1879 Coiled Hair variety certified by the PCGS as a Proof 66 Cameo and an 1880 Coiled Hair variety graded as Proof 64 Cameo. Only 12 examples of the 1879 Coiled Hair "Stella" and only 8 to 10 of the 1880 Coiled Hair "Stella" are known exist. These coins are worth in excess of $1 million each.
Said Superior Galleries Vice President of Numismatics Paul Simonetti: "I have worked closely with my client to assemble one of the finest and largest collections of gold "Stellas" in the world. These coins are considered by many collectors to be the pinnacle of numismatics. They have everything going for them. They were minted in very small quantities, the designs are beautiful, and they have a terrific "story" behind them, which has resulted in a sort of legendary status for the "Stella" among buyers seeking the very finest rare coins. My client is eager to buy more, but finding suitable examples is becoming increasingly difficult in today's strong rare coin market."
Collectors wishing to view the Superior Galleries Collection of gold "Stellas" are encouraged to visit the Superior Galleries of Beverly Hills bourse table at the Santa Clara Coin Expo Thursday November 17th through Sunday November 20th.
Superior is also the official auctioneer of the Santa Clara Coin Expo and will be holding its Elite Auction on November 17th and 18th.
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
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