Superior Galleries Realizes Exceptional Results in August 3, 2007 Milwaukee Elite Auction

Beverly Hills, California--(BUSINESS WIRE)- August 8,  2007-- Prices realized from the Superior Galleries, Inc. Milwaukee Elite Auction totaled $2,577,000 including a 15% buyer's premium. The 1,108 lot sale was held just prior to the start of the 2007 ANA World’s Fair of Money annual convention.  This was an important sale for Superior Galleries and was anchored by collections including the Eagle Ridge Signature Collection, the Infanz Collection of Gold Rarities, the Joe & Michael Semmer Collection, and the Ross Cornerstone Collection, among other private holdings. 

Some highlights of this auction include:

Commenting on the Superior Beverly Hills Elite Auction, Executive Vice President Larry Abbott said, "We are very pleased to have expanded the continuing strength of our recent auctions and our ability to offer the freshest material to our clients.  Our astounding 95% sell through rate on a dollar basis and nearly 98% on lot basis is a testament to the attention and care that we have been putting toward creating the finest auctions in the industry. Personalized marketing to key bidders helped define prices on important lots, and the number of active and absentee bidders reached historic levels.”

Mr. Abbott continued, "We are now concentrating our efforts on our Pre Long Beach September 23-25, 2007 Beverly Hills Elite Auction. This event will feature the exceptional Stephen Cooper Collection of type coins, and as well the equally notable Bill and Judy Burgess Collection of type coins.  Both consignments are loaded with classic pieces that are in older or first generation holders, and are fresh to the market after years, if not decades, of being in storage. This will be a very exciting event."