DGSE Companies, Inc. Announces That Superior Galleries Will Hold Its First Estate Jewelry and Timepiece Auction December 1, 2, 2007 in Beverly Hills, CA

Business Wire, Nov 9, 2007

DALLAS -- DGSE Companies, Inc. (AMEX:DGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and Internet channels, today announced that Superior Galleries will hold its inaugural Estate Jewelry and Timepiece Auction Sale to be held on December 1st and 2nd, 2007 in Beverly Hills, CA. In addition to its well known numismatic auction sales that occur seven times annually, the Superior Estate Jewelry and Timepiece Sales will occur bi-annually starting in 2008, in the late spring and autumn.

This exciting event includes almost 900 lots offering a wide and fresh variety of vintage and antique fine watches, diamonds, jewelry silver, objets d'vertu, and silver ranging in price from $100 to over $50,000, with a total insured value of over $2,000,000. Some featured highlights include: a 9 total carat weight ladies diamond ring centered by one round diamond flanked by baguette cut diamonds on shoulders of a hoop, the center diamond weighs approximately 8.50 carats; a platinum and diamond Gentleman's Rolex Pearlmaster watch with a mother of pearl face highlighted by small round diamonds; and a hinged openwork foliate pendant highlighted by small round diamonds throughout.

Another very special item is an original "Rat Pack" 18 karat cigarette case owned by Frank Sinatra. The interior is inscribed, "Frank, We Adore You, Betty and Bogie, Chester and Swifty, Gloria and Michael, Hjordis and David, Judy and Sid. June, 1955." This cigarette case was given as a gift to Frank Sinatra from "The Holmby Hills Rat Pack" what is also referred to as "The Original Rat Pack." The names engraved represent Lauren Bacall, Humphrey Bogart, Jimmy Van Heusen, Gloria and Michael Romanoff, Hjordis and David Niven, Judy Garland and Sidney Luft. It was this group of people whom as Legend has it Lauren Bacall dubbed "The Rat Pack."

This exceptional two day event reintroduces a long Superior tradition of auctions in precious objects as well as rare coins and currency. Lot viewing for the December Beverly Hills Estate Jewelry and Timepiece Auction will be at Superior's newly renovated, state of the art Beverly Hills Gallery at 9478 W. Olympic Blvd. Beverly Hills, CA 90212 both by appointment, or without an appointment during our regular public exhibition hours.

Please call or email Bryan Abbott today for a catalog or further information: 310-203-9855, 800-545-1001, or bryana@sgbh.com.

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 two National Pawn locations in Dallas , Texas.

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 "will", "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 DGSE's products and services in the marketplace, competitive factors, the risks associated with business combinations, industry factors (including competition, fluctuations in interest rates and bullion values), dependence upon third-party vendors, and other risks detailed in the DGSE's periodic reports filed with the Securities and Exchange Commission. The actual results or performance by DGSE could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of DGSE. 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.