DGSE Companies, Inc. Announces Release of Free "Gold Exchange” iPad Application

DGSE Companies, Inc. (NYSE Amex: DGSE), which buys and sells jewelry, fine watches diamonds, rare coins and precious metals products via traditional and Internet channels, today announced the release of its free iPad "Gold Exchange” application.

DGSE Companies, Inc. is one of the largest bullion and numismatic dealers in the United States. The "Gold Exchange” provides full access to live and historical spot quotes and prices for Gold, Silver, Platinum and Palladium on both iPad and iPhone platforms. Gold Exchange features include:

• Live Quotes

• Historical Pricing

• Charting

• User Defined Alert Systems

• Direct Access to the DGSE Companies Trading Desk

and much more…

All content of this app are Copyrighted 2010 by DGSE Companies, Inc.

"Investor interest in all aspects of the precious metals markets is at an all time high,” noted William H. Oyster, President and Chief Operating Officer of DGSE Companies, Inc. "The release today of the Gold Exchange for iPad now gives DGSE a presence on both the iPad and iPhone platforms. These new applications and the recent remodel of all of our primary websites provide our customers with robust tools to participate in the precious metals, numismatic and jewelry markets.”

DGSE Companies, Inc. wholesales, retails and auctions jewelry, diamonds, fine watches, and precious metal bullion and rare coin products to domestic and international customers through its Dallas Gold and Silver Exchange, Charleston Gold and Diamond Exchange, Superior Galleries operations as 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 Woodland Hills, California, the Company operates live Internet auctions which can be accessed at www.dgse.com and through Superior’s website at www.sgde.com. Real-time price quotations and real-time order execution in precious metals are provided on another DGSE website 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 is headquartered in Dallas, Texas and its common stock trades on NYSE Amex Exchange under the symbol "DGSE.”

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.