Superior Galleries Announces Its First Elite Auction for 2006.

BEVERLY HILLS, Calif. -- Superior Galleries, Inc. ("Superior") (OTCBB:SPGR) announced today that its next Elite Auction will be held on January 2, 2006 in Orlando, Florida, preceding the annual FUN Convention. This exceptional one day event will include approximately 1600 lots with an insured value exceeding $5 million and is the kick off for what Superior anticipates will be a spectacular 2006 auction season.

Many named collections are included in this offering, most notable being the Franklin Dean Collection: a stunning consignment of fresh, old holder rarities. This collection of nearly 250 coins was certified in the late 1980s and early 1990s, and virtually every coin has outstanding eye appeal. Many of the coins have beautiful original toning, and some are the finest known for the date or type.

Highlights from the Dean Collection include but are not limited to:

--Several Proof 68 Morgan Dollars

--An 1805 Draped Bust Dime 4 Berries NGC MS67

--An 1835 NGC MS67 Bust Dime

--An eye-popping 1899 proof set, graded PCGS PR66 through PR68

--A stunningly rare, possibly unique pattern 1858 Cent J-220 NGC PR62

--An 1812 NGC MS66BN Large Cent

--An 1879 $2.5 PCGS PR66

--A 1910 NGC PF68 Nickel 5 Cents

--An 1888 PCGS PR68 Quarter

--An 1870 NGC PF66 Dollar

--An 1878 PCGS PR68 Trade Dollar

Other named collections include but are not limited to the following, some of which are PCGS registry sets:

The Admiral's Collection of Franklin Half Dollars
The O'Brien Proof Seated Dollar Collection
The Shakespeare Collection of Silver Dollars
The Yellow River Collection
The Battle Creek Collection of Toned Morgan Dollars Part IV

Other highlights include:

A 1916 PCGS MS66FH Liberty Quarter
An 1889-CC NGC MS63 DMPL Morgan Dollar
An 1800 PCGS AU53 $10 Capped Bust
An 1801 NGC MS61 $10 Capped Bust
An 1807 PCGS MS63 $5 Capped Bust
An 1865-S PCGS MS65 Brother Jonathan $20
A Humbert 1851 880 PCGS AU50 $50 Reeded Edge
A 1911-D PCGS MS63 $2.50
An 1880 NGC PF66 Trade Dollar
A 1904 PCGS PR65 $5
A 1795 Flowing Hair 3 leaves NGC AU58 Silver Dollar
An 1879-CC PCGS MS65 Morgan Dollar
An 1893-S PCGS AU50 Morgan Dollar
A 1927-S PCGS MS62 $20
An 1881 NGC PF66-67 Proof Set, Cent through Dollar
An 1889-CC PCGS PR64DMPL Morgan Dollar
An 1861 NGC MS67 $3 Gold Piece

This auction will be especially strong in Morgan and Peace Silver dollars, many of which are in older PCGS and NGC holders. Opportunities to buy coins as fresh and eye appealing as these come along very seldom. Of equal interest for collectors, most of the coins come across the auction block at absolute auction without reserve, or with very conservative reserves.

With several impressive consignments, including the amazing Franklin Dean Collection, this one-day auction promises to be a memorable numismatic event that should not be missed. Lot viewing for the Franklin Dean and other collections will be available at the Baltimore Coin Show December 8-10, 2005; at our Beverly Hills offices by appointment; or in Orlando just prior to the auction.

For more information on this or any other future Superior Galleries Elite Auctions, please contact us directly at 800-421-0754 or email us at [e-mail]

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.