DGSE Companies, Inc. Announces Opening of New Superior Gold & Diamond Exchange Facilities...

DGSE Companies, Inc. Announces Opening of New Superior Gold & Diamond Exchange Facilities in Woodland Hills, California

DALLAS--(Business Wire)--
DGSE Companies, Inc. (AMEX:DGC), which wholesales, retails and
auctions fine watches, jewelry, diamonds and precious metal and rare
coin products via traditional and Internet channels, today announced
the opening of new facilities in Woodland Hills, California.

The new facility at 20011 Ventura Blvd., Woodland Hills,
California combines a new retail activity that will function as a rare
coin, precious metals and jewelry Gallery with headquarters for
auction activities for Superior Galleries. Superior will conduct
auctions in the new location and continue to conduct auctions in
Beverly Hills, California and in other locations.

"The opening of the new facilities in Woodland Hills is expected
to significantly expand Superior's retail activities and provide a
conveniently accessible location for its precious metals and jewelry
buying activities," noted William H. Oyster, President and Chief
Operating Officer of DGSE Companies, Inc. Mr. Oyster continued, "We
will continue to have a robust presence in Beverly Hills, California
and will conduct several of our annual auctions there. The expansion
into the San Fernando Valley provides access to a larger audience for
our unique services and we expect the new Superior Gold & Diamond
Exchange operation to contribute materially to our future growth."

DGSE Companies, Inc. wholesales retails and auctions jewelry,
diamonds, fine watches, and precious metal bullion and rare coins
products to domestic and international customers through its Dallas
Gold and Silver Exchange, Charleston Gold and Diamond Exchange,
Superior Galleries and National Jewelry Exchange subsidiaries and well
as through the internet. DGSE also owns Fairchild International, Inc.,
one of the largest vintage watch wholesalers in the country. In
addition to its retail facilities in Dallas and Euless, Texas,
Charleston, South Carolina and Beverly Hills, California, the Company
operates live Internet auctions which can be accessed at www.dgse.com
and through Superior Galleries' website at www.sgbh.com. Real-time
price quotations and real-time order execution in precious metals are
provided on another DGSE web site at www.USBullionExchange.com.
Wholesale customers can access our full vintage watch inventory
through the restricted site at www.FairchildWatches.com. DGSE also
purchases precious metals, rare coins, watches, diamonds and jewelry
through www.Americangoldandsilverexchange.com and over 900 supporting
websites. The Company also makes collateralized consumer loans at its
two Dallas locations.

The Company is headquartered in Dallas, Texas and its common stock
trades on The American Stock Exchange under the symbol "DGC."

This press release includes statements which may constitute
"forward-looking" statements, usually containing the words "believe,"
"estimate," "project," "expect" or similar expressions. These
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements inherently involve risks and uncertainties that could cause
actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such differences
include, but are not limited to, continued acceptance of the Company's
products and services in the marketplace, competitive factors,
dependence upon third-party vendors, and other risks detailed in the
Company's periodic report filings with the Securities and Exchange
Commission. By making these forward-looking statements, the Company
undertakes no obligation to update these statements for revisions or
changes after the date of this release. In addition to the results
presented in accordance with Generally Accepted Accounting Principles
throughout this press release, DGSE has presented non-GAAP financial
measures such as EBITDA. The Company believes that these non-GAAP
measures, viewed in addition to and not in lieu of the Company's
reported GAAP results, provide useful information to investors because
they are an integral part of the Company's internal evaluation of
operating performance. In addition, they are measures that DGSE uses
to evaluate management's effectiveness. DGSE's non-GAAP financial
measures may not be comparable to similarly titled measures presented
by other companies.

DGSE Companies, Inc., Dallas
William H. Oyster, 972-484-3662

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