Beverly Hills, California - (Business Wire) - December 20, 2005 - Superior Galleries, Inc. ("Superior") (OTC Bulletin Board: SPGR) today announced that effective December 15, 2005, the Board of Directors approved the expansion of Superior's Board from five to seven members and it has appointed Mitchell (Mitch) T. Stoltz to its Board of Directors. Mr. Stoltz was also appointed Chairman of the Nominating Committee and he will be leading the effort to fill the remaining open seat on the Board.

Mr. Stoltz graduated from Notre Dame University with a BBA, and holds an MBA from Northwestern University's J.L. Kellogg Graduate School of Management. Since January 2001, he has been an independent consultant to the beverage distribution industry as well as other industries, having previously served as President of NWS Illinois dba Union Beverage/Hamburg Distribution from 1995 to 2001. Mr. Stoltz continues to be a member of the Board of Directors of NWS Illinois. He has over 25 years' experience in executive and operational management, strategic planning and sales and marketing.

Chairman and CEO Silvano DiGenova commented, "We are pleased that Mitch has agreed to join our Board of Directors and is taking on a key role in both the recruitment and the engagement of independent Board members. Mitch also brings with him a stellar track record in helping organizations develop and execute their strategic and operational plans."

On December 7, 2005 the Company filed Form 8-K with the Securities and Exchange Commission announcing the resignation of Paul Biberkraut as the Company's Executive Vice President, Chief Financial Officer and Secretary effective January 15, 2006 having accepted an opportunity outside the rare coin industry. Mr. Biberkraut is remaining on the Company's Board of Directors and is assisting Superior in the smooth transition of his responsibilities. The Company is currently seeking a replacement for the role of Chief Financial Officer.

The Company filed Form 8-K with the Securities and Exchange Commission on December 19, 2005 in connection with the changes in its Board membership and the increase in the number of Board members.

About Superior Galleries
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 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. 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

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