BEVERLY HILLS, Calif.--(BUSINESS WIRE)-November 21, 2005--Superior Galleries, Inc. ("Superior") (OTCBB: SPGR - News) announced today the results of its Santa Clara Elite Auction that has held on November 17th and 18th. Prices realized from this successful auction were $ 1,563,567, inclusive of the buyer's premium.

"Session I was a resounding success, thereby gathering momentum for the entire auction" said Vice President of Auctions Paul Song. He continued, "Our consignors were exceedingly pleased with the results of this session, anchored by fresh consignments including the Battle Creek Collection of Toned Coins, The Property of a Gentleman, and other smaller private collections. Lot viewing was very active in Santa Clara, and our auction room had almost a hundred participants in attendance, with the auction also being covered by CNBC for a future special about our company and our CEO, Silvano DiGenova".

The first session realized over $1 million sold with almost 80% of lots selling. The Battle Creek Collection Part III of toned and rainbow coins again sold well in excess of greysheet prices across the board, with every lot finding a buyer. Lot 110, an astounding 1885 PCGS MS67PL Morgan Dollar, realized $9,487.50. In the patterns section, lot 471, an 1880 Pattern Goloid Dollar, J. 1656, PCGS PR67, realized an auction record at $39,100. Lot 479, a very rare 1855-D NGC AU58 Gold Dollar, found a buyer for $22,425.

The highlight of this session was lot 484, the 1797 NGC MS64 $2.50, which had active interest and was hammered down for an astonishing $276,000. Lot 506, a 1797 Capped Bust NGC MS62 $10, also found a home for $57,500. Lot 565, a 1915-S Panama-Pacific Octagonal $50 in NGC MS65, saw active bidding to $106,950. Session II also saw some very strong prices. Lot 637, an 1885 Nickel Three Cents in NGC MS66, realized $12,650. Lot 713, a stunning 1795 Flowing Hair Half Dime in NGC MS64 realized $18,975. But certainly the highlight of this session was for lot 747, the very rare 1918-S 8 over 7 Standing Liberty Quarter, which had active interest in the room and on the phones before hammering down for $82,800.

679 of 930 lots sold, which represented almost 75% of all lots selling both on a lot and dollar basis, a truly remarkable figure for an auction composed of various owners. Commenting on the Santa Clara Elite Auction, Executive Vice President and COO Larry Abbott commented "Of equal import, virtually all lots over $20,000 found buyers, attesting to both the freshness of the material and the strength of the overall numismatic marketplace. Superior Galleries is building on this momentum and has put together a truly exceptional auction of collector coins, including the Franklin Dean Collection, for our January 2nd Elite Auction to be held in Orlando early in the New Year. We are so pleased to be able to finish this calendar year with a flourish, and look forward to what we believe will be an exceptional year of sales beginning in 2006".

For further information about this Santa Clara Elite Auction or to consign to Superior's future Elite Auctions, please contact Paul Song, Vice President of Auctions at 310-203-9855 or paulsong@sgbh.com

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, 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 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