Some highlights of this auction include:

Lot # Description Price realized 2369 - 1907 $20 High Relief PCGS MS67 $184,000 2532 - Hawaii Barber Hub Impressions $115,000 2296 - 1803 $20 Capped Bust small stars NGC MS64 $109,250 2247 - 1879 $4 Stella NGC PF60 $96,600 2291 - 1795 $20 capped bust NGC MS61 $89,700 2534 - 1883 Hawaiian Eighth Dollar PCGS PF66 $87,400 2439 - 1851 U.S. Assay Office $50 slug Kagan plate coin $47,725 1326 - 1795 Flowing Hair Dollar 2 leaves $44,850 2135 - 1864 $2.50 PCGS AU55 $35,650 1897 - 1911 China Pattern Dollar $22,425

Commenting on the Superior Beverly Hills Elite Auction, Executive Vice President and COO Larry Abbott said, "We are very pleased to have built upon the outstanding results of our May Beverly Hills Elite Auction and August Denver Elite Auction, with this third successful auction in five months. We attribute the successful sale of nearly $22 million in value in these past three sales to the fact that we have attracted a large number of consignments that are completely fresh to the market. Fresh consignments generate bidder excitement, and this has been the key to our success. The Dr. Eugene Goertzen Collection of Hawaiian coins is an excellent example of such a fresh consignment. This collection saw some truly astounding prices for Hawaiian Coinage, including an 1883 Eighth Dollar PCGS certified PF66, which sold for $87,400."

Mr. Abbott continued, "We are now concentrating our efforts on our November 16-17, 2006 Santa Clara Elite auction, to be held in conjunction with the Santa Clara Show, where Superior Galleries is the official auctioneer. That event will feature the $1 million Nevada Collection, which is filled with hard-to-find collector coins, and will be sold completely without reserve. Our November 2006 Santa Clara Auction currently has more value consigned to it than any past Superior Galleries Santa Clara auction. It should be a very exciting event." For more information on this auction or on how to consign to one of our future Elite Auctions, please contact Paul Song at 800-545-1001 or consign@sgbh.com. Space is limited in all of our exclusive Elite Auctions, so please contact us well in advance to reserve a spot alongside these or future special numismatic treasures.

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.
Larry Abbott 310-203-9855
larrya@sgbh.com
www.sgbh.com

or

CCG Investor Relations
Sean Collins, 310-477-9800
www.ccgir.com

or

American Capital Ventures, Inc.
Howard Gostfrand, 305-918-7000
hg@amcapventures.com
www.amcapventures.com