January 06, 2005
Ableauctions Announces Superior Galleries of
Beverly Hills to Broadcast Elite Florida
Coin Auction Through Icollector

FIFE, Wash.--Jan. 6, 2005--Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that Beverly Hills based Superior Galleries will broadcast one of the most widely attended auctions through iCollector on January 11, 2005.

Superior will hold a two-session auction of US coins, currency and world coins in January, just prior to one of the largest numismatic trade shows in the world -- the 2005 Florida United Numismatic (FUN) rare coin trade show held in Fort Lauderdale.

Superior Galleries, Inc. (SPGR.OB) 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 superiorgalleries.com.

About Ableauctions.com

Ableauctions.com is a high-tech auctioneer that conducts auctions live and simultaneously broadcasts them over the Internet. With the experience of 3,000 auctions, the Company has developed its own technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.