EXHIBIT 31.2


Certifications:

I, John Benson, Certify that:
     1.   I have reviewed this quarterly  report on Form 10-Q of DGSE Companies,
          Inc.;
     2.   Based on my  knowledge,  this  quarterly  report  does not contain any
          untrue  statement of a material  fact or omit to state a material fact
          necessary to make the statements  made, in light of the  circumstances
          under which such  statements were made, not misleading with respect to
          the period covered by this quarterly report;
     3.   Based on my knowledge,  the financial statements,  and other financial
          information  included in this quarterly report,  fairly present in all
          material respects the financial  condition,  results of operations and
          cash flows of the  Company as of, and for,  the periods  presented  in
          this quarterly report;
     4.   The Company's  other  certifying  officers and I are  responsible  for
          establishing  and maintaining  disclosure  controls and procedures (as
          defined in Exchange  Act Rules  13a-14 and 15d-14) for the Company and
          we have:
               a.   designed such  disclosure  controls and procedures to ensure
                    that material information relating to the Company, including
                    its consolidated subsidiaries, is made known to us by others
                    within  those  entities,  particularly  during the period in
                    which this quarterly report is being prepared;
               b.   Evaluated  the  effectiveness  of the  Company's  disclosure
                    controls and procedures as of a date within 90 days prior to
                    the filing date of this  quarterly  report (the  "Evaluation
                    Date"); and
               c.   Presented in this quarterly report our conclusions about the
                    effectiveness  of the  disclosure  controls  and  procedures
                    based on our evaluation as of the Evaluation Date;
     5.   The Company's other certifying officers and I have disclosed, based on
          our most recent  evaluation,  to the Company's  auditors and the audit
          committee of the Company's  board of directors (or persons  performing
          the equivalent functions):
               a.   all  significant  deficiencies in the design or operation of
                    internal controls which could adversely affect the Company's
                    ability to record,  process,  summarize and report financial
                    data and have  identified  for the  Company's  auditors  any
                    material weakness in internal controls; and
               b.   any fraud, whether or not material, that involves management
                    or  other  employees  who  have a  significant  role  in the
                    Company's internal controls; and
     6.   The Company's other  certifying  officers and I have indicated in this
          quarterly  report  whether  or not there were  significant  changes in
          internal controls or in other factors that could significantly  affect
          internal   controls   subsequent  to  the  date  of  our  most  recent
          evaluation, including any corrective action with regard to significant
          deficiencies and material weaknesses.

     Date: October 27, 2006            /s/ John Benson - Chief Financial Officer
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