OJAI, Calif.--March 31, 2005--Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that, through its wholly owned subsidiary iCollector, it will showcase one of the newest toolsets available to live auction sellers on eBay Live Auctions during Superior Galleries' (SPGR.OB) Santa Clara Elite coin auction. The three day coin auction commences today and ends April 2, 2005.

The event, in partnership with Superior Galleries and Auction Video, brings the Internet bidders to the auction floor in a real time environment, enabling the bidders to "view this auction live" link from their bidding screen at eBay, Icollector.com or Superior Galleries when the auction is live.

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.

Auction Video Inc. has proprietary Patent Pending technology that is now being used by eBay, and others, worldwide. This technology allows online sellers to create and post videos, and pictures with voice narration, as well as to sell live, online from any online auction or online store location. Auction Video has provided services for eBay, China Telecom, and eBank in Japan, and Video has offices in Tokyo, Japan; Delhi, India and Utah.

About Ableauctions.com

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com, Unlimited Closeouts.com and iTrustee.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auction over the Internet (www.ableauctions.com/technology) and currently provides technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts and iTrustee, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.