|   |   |                                                                                              |
|--------|--------|---------------------------------------------------------------------------------------------------|
| þ |   | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |

|   |   |                                                                                               |
|--------|--------|----------------------------------------------------------------------------------------------------|
| o      |   | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |

|                                 |   |                     |
|--------------------------------------|--------|--------------------------|
| Nevada                               |   | 88-0097334               |
| (State      or other jurisdiction of |   | (I.R.S.      Employer    |
| incorporation      or organization)  |   | Identification      No.) |

| Large      accelerated filer o           | Accelerated      filer o              |
|------------------------------------------|---------------------------------------|
| Non-accelerated      filer   o | Smaller      reporting company þ |

|                                        |   |        |
|---------------------------------------------|--------|-------------|
| Class                                       |   | Outstanding |
| Common      stock, $.01 par value per share |   | 9,833,635   |

----

|          |                                                                                                   |   | Page      No. |   |
|---------------|--------------------------------------------------------------------------------------------------------|--------|---------------|--------|
| PART      I.  | FINANCIAL      INFORMATION                                                                             |   |          |   |
|          |                                                                                                   |   |          |   |
| Item      1.  | Consolidated      Financial Statements.                                                                |   |          |   |
|          |                                                                                                   |   |          |   |
|          | Consolidated      Balance Sheets as of June 30, 2010 and December 31, 2009                             |   |          | 1      |   |
|          |                                                                                                   |   |          |   |   |
|          | Consolidated      Statements of Operations for the six months ended June 30, 2010 and      2009        |   |          | 2      |   |
|          |                                                                                                   |   |          |   |   |
|          | Consolidated      Statements of Operations for the three months ended June 30, 2010 and      2009      |   |          | 3      |   |
|          |                                                                                                   |   |          |   |   |
|          | Consolidated      Statements of Cash Flows for the six months ended June 30, 2010 and      2009        |   |          | 4      |   |
|          |                                                                                                   |   |          |   |   |
|          | Notes      to Consolidated Financial Statements                                                        |   |          | 5      |   |
|          |                                                                                                   |   |          |   |   |
| Item      2.  | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations. |   |          | 11     |   |
|          |                                                                                                   |   |          |   |   |
| Item      3.  | Quantitative      and Qualitative Disclosures About Market Risk.                                       |   |          | 17     |   |
|          |                                                                                                   |   |          |   |   |
| Item      4.  | Controls      and Procedures.                                                                          |   |          | 17     |   |
|          |                                                                                                   |   |          |   |   |
| PART      II. | OTHER      INFORMATION                                                                                 |   |          |   |   |
|          |                                                                                                   |   |          |   |   |
| Item      3.  | Legal      Proceedings.                                                                                |   |          | 18     |   |
|          |                                                                                                   |   |          |   |   |
| Item      5.  | Other      Information.                                                                                |   |          | 18     |   |
|          |                                                                                                   |   |          |   |   |
| Item      6.  | Exhibits.                                                                                              |   |          | 18     |   |
|          |                                                                                                   |   |          |   |   |
| SIGNATURES    |                                                                                                   |   | 22            |   |

----

|                                                                                                                                                                                      |   | June      30,2010 |          |   | December      31, 2009 |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|---------------|--------|------------------------|--------|
|                                                                                                                                                                                      |   | Unaudited         |          |   |                   |   |
| ASSETS                                                                                                                                                                                    |   |              |          |   |                   |   |
| Current      Assets:                                                                                                                                                                      |   |              |          |   |                   |   |
| Cash      and cash equivalents                                                                                                                                                            |   | $                 | 969,724       |   |                   | $      | 1,446,724 |   |
| Trade      receivables                                                                                                                                                                    |   |              | 899,090       |   |                   |   | 649,310 |   |
| Inventories                                                                                                                                                                               |   |              | 15,539,723    |   |                   |   | 17,766,285 |   |
| Prepaid      expenses                                                                                                                                                                     |   |              | 809,187       |   |                   |   | 807,298 |   |
| Prepaid      federal income tax                                                                                                                                                           |   |              | 631,419       |   |                   |   | 639,372 |   |
| Total      current assets                                                                                                                                                                 |   |              | 18,849,143    |   |                   |   | 21,308,989 |   |
|                                                                                                                                                                                      |   |              |          |   |                   |   |   |   |
| Marketable      securities- available for sale                                                                                                                                            |   | $                 | —       |   |                   |   | 45,000 |   |
| Property      and equipment, net                                                                                                                                                          |   |              | 4,761,077     |   |                   |   | 4,713,142 |   |
| Deferred      income taxes                                                                                                                                                                |   |              | 417,987       |   |                   |   | 1,731,175 |   |
| Goodwill                                                                                                                                                                                  |   |              | 837,117       |   |                   |   | 837,117 |   |
| Intangible      assets                                                                                                                                                                    |   |              | 2,464,006     |   |                   |   | 2,464,006 |   |
| Other      assets                                                                                                                                                                         |   |              | 391,905       |   |                   |   | 260,904 |   |
| Non-current      assets of discontinued operations                                                                                                                                        |   |              | 295,617       |   |                   |   | 295,617 |   |
|                                                                                                                                                                                      |   | $                 | 28,016,852    |   |                   | $      | 31,655,950 |   |
|                                                                                                                                                                                      |   |              |          |   |                   |   |   |   |
| LIABILITIES                                                                                                                                                                               |   |              |          |   |                   |   |   |   |
| Current      Liabilities:                                                                                                                                                                 |   |              |          |   |                   |   |   |   |
| Notes      payable                                                                                                                                                                        |   | $                 | —       |   |                   | $      | 48,569 |   |
| Current      maturities of long-term debt                                                                                                                                                 |   |              | 294,075       |   |                   |   | 310,714 |   |
| Line      of credit                                                                                                                                                                       |   |              | 2,979,887     |   |                   |   | 3,195,000 |   |
| Accounts      payable – trade                                                                                                                                                       |   |              | 544,057       |   |                   |   | 1,472,663 |   |
| Accrued      expenses                                                                                                                                                                     |   |              | 393,530       |   |                   |   | 492,710 |   |
| Customer      deposits                                                                                                                                                                    |   |              | 1,014,441     |   |                   |   | 2,092,593 |   |
| Total      current liabilities                                                                                                                                                            |   |              | 5,225,990     |   |                   |   | 7,612,249 |   |
|                                                                                                                                                                                      |   |              |          |   |                   |   |   |   |
| Long-term      debt, less current maturities                                                                                                                                              |   |              | 3,015,179     |   |                   |   | 11,605,143 |   |
|                                                                                                                                                                                      |   |              | 8,241,169     |   |                   |   | 19,217,392 |   |
| STOCKHOLDERS’      EQUITY                                                                                                                                                           |   |              |          |   |                   |   |   |   |
| Common      stock, $.01 par value; 30,000,000 shares authorized; 9,833,635 and      9,833,635 shares issued and outstanding at the end of each period in 2010      and 2009, respectively |   |              |   98,637 |   |                   |   |   98,637 |   |
| Additional      paid-in capital                                                                                                                                                           |   |              | 18,698,091    |   |                   |   | 18,698,091 |   |
| Retained      earnings (deficit)                                                                                                                                                          |   |              | 978,955       |   |                   |   | (6,358,170 | ) |
|                                                                                                                                                                                      |   |              | 19,775,683    |   |                   |   | 12,438,558 |   |
|                                                                                                                                                                                      |   | $                 | 28,016,852    |   |                   | $      | 31,655,950 |   |

----

|                                                                                               |   | Six      months ended June      30, |       |
|----------------------------------------------------------------------------------------------------|--------|-------------------------------------|------------|
|                                                                                               |   | 2010                                |       |   | 2009 |   |
|                                                                                               |   | Unaudited                           |       |
| Revenue                                                                                            |   |                                |       |   |   |   |
| Sales                                                                                              |   | $                                   | 38,093,053 |   |   | $ | 46,973,641 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Costs      and expenses                                                                            |   |                                |       |   |   |   |   |   |
| Cost      of goods sold                                                                            |   |                                | 32,753,054 |   |   |   | 40,391,750 |   |
| Selling,      general and administrative expenses                                                  |   |                                | 5,045,945  |   |   |   | 4,585,826 |   |
| Depreciation      and amortization                                                                 |   |                                | 136,304    |   |   |   | 117,682 |   |
|                                                                                               |   |                                | 37,935,303 |   |   |   | 45,095,528 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Operating      income                                                                              |   |                                | 157,750    |   |   |   | 1,878,383 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Other      expense (income)                                                                        |   |                                |       |   |   |   |   |   |
| Other      income                                                                                  |   |                                | (8,831,872 | ) |   |   | — |   |
| Interest      expense                                                                              |   |                                | 284,389    |   |   |   | 384,556 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Earnings      before income taxes                                                                  |   |                                | 8,705,233  |   |   |   | 1,493,827 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Income      tax expense                                                                            |   |                                | 1,368,108  |   |   |   | 233,183 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Net      earnings from continuing operations                                                       |   |                                | 7,337,125  |   |   |   | 1,260,644 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Discontinued      operations:                                                                      |   |                                |       |   |   |   |   |   |
| Gain      (Loss) from discontinued operations (less applicable income tax of      $10,459, in 2009 |   |                                | —    |   |   |   | (341,624 | ) |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Net      earnings                                                                                  |   | $                                   | 7,337,125  |   |   | $ | 919,020 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Earnings      per common share – basic                                                       |   |                                |       |   |   |   |   |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| From      continuing operations                                                                    |   | $                                   | 0.75       |   |   | $ | 0.13 |   |
| From      discontinued operations                                                                  |   | $                                   | —    |   |   | $ | (0.04 | ) |
| Net      earnings per common share                                                                 |   | $                                   | 0.75       |   |   | $ | 0.09 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Earnings      per common share – diluted                                                     |   |                                |       |   |   |   |   |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| From      continuing operations                                                                    |   | $                                   | 0.71       |   |   | $ | 0.13 |   |
| From      discontinued operations                                                                  |   | $                                   | —    |   |   | $ | (0.04 | ) |
| Net      earnings per common share                                                                 |   | $                                   | 0.71       |   |   | $ | 0.09 |   |
|                                                                                               |   |                                |       |   |   |   |   |   |
| Weighted      average number of common shares                                                      |   |                                |       |   |   |   |   |   |
| Basic                                                                                              |   |                                | 9,833,635  |   |   |   | 9,833,635 |   |
| Diluted                                                                                            |   |                                | 10,398,670 |   |   |   | 9,833,635 |   |

----

|                                                                                                |   | Three      months ended June      30, |       |
|-----------------------------------------------------------------------------------------------------|--------|---------------------------------------|------------|
|                                                                                                |   | 2010                                  |       |   | 2009 |   |
|                                                                                                |   | Unaudited                             |       |
| Revenue                                                                                             |   |                                  |       |   |   |   |
| Sales                                                                                               |   | $                                     | 20,745,499 |   |   | $ | 21,633,859 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Costs      and expenses                                                                             |   |                                  |       |   |   |   |   |   |
| Cost      of goods sold                                                                             |   |                                  | 17,834,339 |   |   |   | 18,206,607 |   |
| Selling,      general and administrative expenses                                                   |   |                                  | 2,579,298  |   |   |   | 2,283,504 |   |
| Depreciation      and amortization                                                                  |   |                                  | 69,880     |   |   |   | 67,231 |   |
|                                                                                                |   |                                  | 20,483,517 |   |   |   | 20,557,342 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Operating      income                                                                               |   |                                  | 261,982    |   |   |   | 1,076,518 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Other      expense (income)                                                                         |   |                                  |       |   |   |   |   |   |
| Other      income                                                                                   |   |                                  | (8,814,432 | ) |   |   | — |   |
| Interest      expense                                                                               |   |                                  | 173,983    |   |   |   | 237,472 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Earnings      before income taxes                                                                   |   |                                  | 8,902,431  |   |   |   | 839,046 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Income      tax expense                                                                             |   |                                  | 1,435,155  |   |   |   | 179,138 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Net      earnings from continuing                                                                   |   |                                  | 7,467,276  |   |   |   | 659,908 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Discontinued      operations:                                                                       |   |                                  |       |   |   |   |   |   |
| Income      from discontinued operations (less applicable income tax benefit of $5,805      in 2009 |   |                                  | —    |   |   |   | 29,596 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Net      earnings                                                                                   |   | $                                     | 7,467,276  |   |   | $ | 689,504 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Earnings      per common share – basic                                                        |   |                                  |       |   |   |   |   |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| From      continuing operations                                                                     |   | $                                     | 0.76       |   |   | $ | 0.07 |   |
| From      discontinued operations                                                                   |   | $                                     | —    |   |   | $ | — |   |
| Net      earnings per common share                                                                  |   | $                                     | 0.76       |   |   | $ | 0.07 |   |
| Earnings      per common share – diluted                                                      |   |                                  |       |   |   |   |   |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| From      continuing operations                                                                     |   | $                                     | 0.72       |   |   | $ | 0.07 |   |
| From      discontinued operations                                                                   |   | $                                     | —    |   |   | $ | — |   |
| Net      earnings per common share                                                                  |   | $                                     | 0.72       |   |   | $ | 0.07 |   |
|                                                                                                |   |                                  |       |   |   |   |   |   |
| Weighted      average number of common shares                                                       |   |                                  |       |   |   |   |   |   |
| Basic                                                                                               |   |                                  | 9,833,635  |   |   |   | 9,833,635 |   |
| Diluted                                                                                             |   |                                  | 10,398,670 |   |   |   | 9,833,635 |   |

----

|                                                                                         |   | Six      months ended June      30, |       |
|----------------------------------------------------------------------------------------------|--------|-------------------------------------|------------|
|                                                                                         |   | 2010                                |       |   | 2009 |   |
| Cash      flows from operating activities                                                    |   | Unaudited                           |       |
|                                                                                         |   |                                |       |   |   |   |
| Net      earnings                                                                            |   | $                                   | 7,337,125  |   |   | $ | 919,020 |   |
| Adjustments      to reconcile net earnings to net cash provided by operating      activities |   |                                |       |   |   |   |   |   |
| Depreciation      and amortization                                                           |   |                                | 136,304    |   |   |   | 117,682 |   |
| Deferred      income taxes                                                                   |   |                                | 1,313,188  |   |   |   | 50,131 |   |
| Gain      on elimination of long term debt                                                   |   |                                | (9,198,570 | ) |   |   | — |   |
| Noncash      legal settlement                                                                |   |                                | 385,000    |   |   |   | — |   |
| Gain      on disposal of discontinued operations                                             |   |                                | —    |   |   |   | (380,895 | ) |
| Gain      on sale of marketable securities                                                   |   |                                | (17,400    | ) |   |   | — |   |
| (Increase)      decrease in operating assets and liabilities                                 |   |                                |       |   |   |   |   |   |
| Trade      receivables                                                                       |   |                                | (249,780   | ) |   |   | 875,159 |   |
| Inventories                                                                                  |   |                                | 2,226,562  |   |   |   | 279,219 |   |
| Prepaid      expenses and other current assets                                               |   |                                | (1,889     | ) |   |   | (      142,570 | ) |
| Prepaid      federal income taxes                                                            |   |                                | 7,953      |   |   |   | 102,773 |   |
| Other      assets                                                                            |   |                                | (131,001   | ) |   |   | (46,484 | ) |
| Accounts      payable and accrued expenses                                                   |   |                                | (1,027,786 | ) |   |   | (1,098,890 | ) |
| Customer      deposits                                                                       |   |                                | (1,078,152 | ) |   |   | (248,243 | ) |
| Net      cash provided by operating activities                                               |   |                                | (298,446   | ) |   |   | 426,902 |   |
| Cash      flows from investing activities                                                    |   |                                |       |   |   |   |   |   |
| Pawn      loans made                                                                         |   |                                | —    |   |   |   | (635,020 | ) |
| Pawn      loans repaid                                                                       |   |                                | —    |   |   |   | 328,074 |   |
| Recovery      of pawn loan principal through sale of forfeitedcollateral                     |   |                                | —    |   |   |   | 298,483 |   |
| Proceeds      from sale of discontinued operations                                           |   |                                | —    |   |   |   | 1,324,450 |   |
| Proceeds      from sale of marketable securities                                             |   |                                | 62,400     |   |   |   |   |   |
| Purchase      of property and equipment                                                      |   |                                | (184,239   | ) |   |   | (90,352 | ) |
| Net      cash provided by (used in) investing activities                                     |   |                                | (121,839   | ) |   |   | 1,225,635 |   |
| Cash      flows from financing activities                                                    |   |                                |       |   |   |   |   |   |
| Repayments      of line of credit                                                            |   |                                | (215,113   | ) |   |   | — |   |
| Proceeds      from notes payable                                                             |   |                                | 1,000,000  |   |   |   | — |   |
| Repayments      of notes payable                                                             |   |                                | (841,602   | ) |   |   | (652,095 | ) |
| Net      cash provided by (used in) financing activities                                     |   |                                | (56,715    | ) |   |   | (652,095 | ) |
|                                                                                         |   |                                |       |   |   |   |   |   |
| Net(decrease)      increase in cash and equivalents                                          |   |                                | (477,000   | ) |   |   | 1,000,442 |   |
| Cash      and cash equivalents at beginning of period                                        |   |                                | 1,446,724  |   |   |   | 244,429 |   |
| Cash      and cash equivalents at end of period                                              |   | $                                   | 969,724    |   |   | $ | 1,244,871 |   |

----

|                          |   | June 30, 2010 |       |   | December 31, 2009 |   |
|-------------------------------|--------|---------------|------------|--------|-------------------|--------|
| Jewelry                       |   | $             | 12,365,126 |   |              | $      | 12,880,768 |   |
| Rare      coins               |   |          | 1,687,656  |   |              |   | 1,021,172 |   |
| Bullion                       |   |          | 1,029,015  |   |              |   | 3,584,294 |   |
| Scrap      gold               |   |          | 457,926    |   |              |   | 280,051 |   |
|                          |   |          |       |   |              |   |   |   |
|     Total |   | $             | 15,539,723 |   |              | $      | 17,766,285 |   |

----

|                                   |   | 2010                             |      |   | 2009                             |   |
|----------------------------------------|--------|----------------------------------|-----------|--------|----------------------------------|--------|
|                                   |   | Three      months ended June 30, |      |   | Three      months ended June 30, |   |
|                                   |   | Net      Earnings                |      |   | Shares                           |   |   | Per      share |   |   | Net      Earnings |   |   | Shares |   |   | Per      share |   |
|                                   |   |                             |      |   |                             |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      earnings per common share   |   | $                                | 7,467,276 |   |                             |   | 9,833,635 |   |   | $ | 0.76 |   |   | $ | 689,504 |   |   |   | 9,833,635 |   |   | $ | 0.07 |   |
| Effect      of dilutive stock options  |   |                             | —   |   |                             |   | 565,035 |   |   |   | (.04 | ) |   |   | — |   |   |   | — |   |   |   | 0.00 |   |
|                                   |   |                             |      |   |                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share |   | $                                | 7,467,276 |   |                             |   | 10,398,670 |   |   | $ | 0.72 |   |   | $ | 689,504 |   |   |   | 9,833,635 |   |   | $ | 0.07 |   |

|                                   |   | 2010                           |      |   | 2009                           |   |
|----------------------------------------|--------|--------------------------------|-----------|--------|--------------------------------|--------|
|                                   |   | Six      months ended June 30, |      |   | Six      months ended June 30, |   |
|                                   |   | Net      Earnings              |      |   | Shares                         |   |   | Per      share |   |   | Net      Earnings |   |   | Shares |   |   | Per      share |   |
|                                   |   |                           |      |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      earnings per common share   |   | $                              | 7,337,125 |   |                           |   | 9,833,635 |   |   | $ | 0.75 |   |   | $ | 919,020 |   |   |   | 9,833,635 |   |   | $ | 0.13 |   |
| Effect      of dilutive stock options  |   |                           | —   |   |                           |   | 565,035 |   |   |   | (.04 | ) |   |   | — |   |   |   | — |   |   |   | 0.00 |   |
|                                   |   |                           |      |   |                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share |   | $                              | 7,337,125 |   |                           |   | 10,398,670 |   |   | $ | 0.71 |   |   | $ | 919,020 |   |   |   | 9,833,635 |   |   | $ | 0.13 |   |

|                                                  |   | 2010   |          |   | 2009   |   |
|-------------------------------------------------------|--------|--------|---------------|--------|--------|--------|
|                                                  |   |   |          |   |   |   |
| Warrants      issued in conjunction with acquisitions |   |   |  — |   |   |   | 438,672 |   |
| Common      stock options                             |   |   | 1,518,134     |   |   |   | 1,423,134 |   |

----

| (In      thousands)                |   | Retail      Jewelry |    |   | WholesaleJewelry |   |    | Precious      Metals |   |   | Rare      Coins |   |   | Discontinued      Operations |    |   | Corporate      and Other |   |    | Consolidated |   |
|------------------------------------|--------|---------------------|---------|--------|------------------|--------|---------|----------------------|--------|--------|-----------------|--------|--------|------------------------------|---------|--------|--------------------------|--------|---------|--------------|--------|
| Revenues                           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |
| 2010                               |   | $                   | 5,714   |   |             | $      | 626     |                 |   | $      | 11,838          |   |   | $                            | 2,568   |   |                     | $      | — |         |   | $ | — |   |   | $ | 20,746 |   |
| 2009                               |   |                | 5,597   |   |             |   | 848     |                 |   |   | 10,329          |   |   |                         | 4,860   |   |                     |   | — |         |   |   | — |   |   |   | 21,634 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Net      earnings (loss)           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2010                               |   |                | (201    | )      |             |   | (3      | )                    |   |   | 213             |   |   |                         | 79      |   |                     |   | — |         |   |   | 7,379 |   |   |   | 7,467 |   |
| 2009                               |   |                | 397     |   |             |   | 15      |                 |   |   | 35              |   |   |                         | 12      |   |                     |   | 123     |         |   |   | (92 | ) |   |   | 490 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Identifiable      assets           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2010                               |   |                | 23,699  |   |             |   | 1,840   |                 |   |   | 1,029           |   |   |                         | 1,688   |   |                     |   | 296     |         |   |   | 893 |   |   |   | 29,385 |   |
| 2009                               |   |                | 21,121  |   |             |   | 1,793   |                 |   |   | 1,958           |   |   |                         | 3,006   |   |                     |   | 305     |         |   |   | 2,052 |   |   |   | 30,235 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Goodwill                           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2001                               |   |                | — |   |             |   | 837     |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 837 |   |
| 2009                               |   |                | — |   |             |   | 837     |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 837 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Capital      Expenditures          |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2010                               |   |                | (96     | )      |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | (96 | ) |
| 2009                               |   |                | (15     | )      |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | (15 | ) |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Depreciation      and amortization |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2010                               |   |                | 70      |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 70 |   |
| 2009                               |   |                | 67      |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 67 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Interest      expense              |   |                |    |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 174 |   |
| 2010                               |   |                | 174     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 237 |   |
| 2009                               |   |                | 237     |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Income      tax expense            |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| 2010                               |   |                | — |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | 1,435 |   |   |   | 1,435 |   |
| 2009                               |   |                | — |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | 179 |   |   |   | 179 |   |

----

| (In      thousands)                |   | Retail      Jewelry |    |   | WholesaleJewelry |   |    | Precious      Metals |   |   | Rare      Coins |   |   | Discontinued      Operations |    |   | Corporate      and Other |   |    | Consolidated |   |
|------------------------------------|--------|---------------------|---------|--------|------------------|--------|---------|----------------------|--------|--------|-----------------|--------|--------|------------------------------|---------|--------|--------------------------|--------|---------|--------------|--------|
| Revenues                           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |
|      2010 |   | $                   | 11,302  |   |             | $      | 1,302   |                 |   | $      | 20,299          |   |   | $                            | 5,190   |   |                     | $      | — |         |   | $ | — |   |   | $ | 38,093 |   |
|      2009 |   |                | 12,146  |   |             |   | 1,800   |                 |   |   | 24,024          |   |   |                         | 9,003   |   |                     |   | — |         |   |   | — |   |   |   | 46,973 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Net      earnings (loss)           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | (537    | )      |             |   | (2      | )                    |   |   | 365             |   |   |                         | 151     |   |                     |   | — |         |   |   | 7,360 |   |   |   | 7,337 |   |
|      2009 |   |                | 508     |   |             |   | (81     | )                    |   |   | 435             |   |   |                         | 510     |   |                     |   | (342    | )            |   |   | (111 | ) |   |   | 919 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Identifiable      assets           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | 23,669  |   |             |   | 1,840   |                 |   |   | 1,029           |   |   |                         | 1,688   |   |                     |   | 296     |         |   |   | 863 |   |   |   | 29,385 |   |
|      2009 |   |                | 21,121  |   |             |   | 1,793   |                 |   |   | 1,958           |   |   |                         | 3,006   |   |                     |   | 305     |         |   |   | 2,052 |   |   |   | 30,235 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Goodwill                           |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | — |   |             |   | 837     |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 837 |   |
|      2009 |   |                | — |   |             |   | 837     |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 837 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Capital      Expenditures          |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | 184     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 184 |   |
|      2009 |   |                | 105     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 105 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Depreciation      and amortization |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | 136     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 136 |   |
|      2009 |   |                | 118     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 118 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Interest      expense              |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | 284     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 284 |   |
|      2009 |   |                | 385     |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | — |   |   |   | 385 |   |
|                               |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
| Income      tax expense            |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   |   |   |   |   |   |   |
|      2010 |   |                | — |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   | 1,337 |   |   |   | 1,337 |   |
|      2009 |   |                |    |   |             |   |    |                 |   |   |            |   |   |                         |    |   |                     |   |    |         |   |   | 233 |   |   |   | 233 |   |
|                               |   |                | — |   |             |   | — |                 |   |   | —         |   |   |                         | — |   |                     |   | — |         |   |   |   |   |   |   |   |   |

----

| Assets                                     |   |   |    |
|--------------------------------------------|--------|--------|---------|
|    Accounts      receivable |   | $      | — |   |
| Current      assets                        |   | $      | — |   |
| Long-term      receivable                  |   | $      | 295,617 |   |
| Total      assets                          |   | $      | 295,617 |   |
| Liabilities                                |   |   |    |   |
| Auctions      payable                      |   | $      | — |   |

----

----

|   | · | uncertainties      regarding price fluctuations in the price of gold and other precious      metals;             |
|--------|--------|------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                             |
|   | · | our ability to      manage inventory fluctuations and sales;                                                     |
|   |   |                                                                                                             |
|   | · | changes in      governmental rules and regulations applicable to the specialty financial      services industry; |
|   |   |                                                                                                             |
|   | · | the results of any      unfavorable litigation;                                                                  |
|   |   |                                                                                                             |
|   | · | interest      rates;                                                                                             |
|   |   |                                                                                                             |
|   | · | economic pressures      affecting the disposable income available to our customers;                              |
|   |   |                                                                                                             |
|   | · | our ability to      maintain an effective system of internal controls;                                           |
|   |   |                                                                                                             |
|   | · | the other risks      detailed from time to time in our SECreports.                                               |

----

 

----

----

----

----

| As      of June 30, 2009                             |   | Requirement                       |   | Actual      calculation |
|------------------------------------------------------|--------|-----------------------------------|--------|-------------------------|
| Minimum      tangible net worth                      |   | 17,750,000                        |   | 17,842,658              |
| Maximum      total liabilities to tangible net worth |   | Not      to exceed  .75 |   | .46                     |
| Minimum      debt service coverage                   |   | Must      be greater than 1.40    |   | 1.66                    |

----

|                                   |   | Payments      due by period |      |
|----------------------------------------|--------|-----------------------------|-----------|
| Contractual      Cash Obligations      |   | Total                       |      |   | 2010 |   |   | 2011      - 2012 |   |   | 2013      – 2014 |   |   | Thereafter |   |
|                                   |   |                        |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Notes      payable                     |   | $                           | 2,979,887 |   |   | $ |   |   |   | $ | 2,979,887 |   |   | $ | — |   |   | $ | — |   |
| Long-term      debt and capital leases |   |                        | 3,309,264 |   |   |   | 121,152 |   |   |   | 732,163 |   |   |   | 484,808 |   |   |   | 1,971,341 |   |
| Operating      Leases                  |   |                        | 1,868,491 |   |   |   | 283,486 |   |   |   | 1,248,447 |   |   |   | 302,486 |   |   |   | 34,072 |   |
| Total                                  |   | $                           | 8,157,642 |   |   | $ | 404,638 |   |   | $ | 4,960,497 |   |   | $ | 787,094 |   |   | $ | 2,005,413 |   |

----

| Exhibit |   |                                                                                                             |   | Filed  |   | Incorporated      |   |   |   | Date      Filed           |   | Exhibit |
|---------|--------|------------------------------------------------------------------------------------------------------------------|--------|--------|--------|-------------------|--------|--------|--------|---------------------------|--------|---------|
| No.     |   | Description                                                                                                      |   | Herein |   | by      Reference |   | Form   |   | with      SEC             |   | No.     |
| 2.1     |   | Amended      and Restated Agreement and Plan of Merger and Reorganization, dated as of      January 6, 2007 |   |   |   | ×            |   | 8-K    |   | January 9,      2007 |   |    | 2.1 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 2.2     |   | Limited      Joinder Agreement, dated as of January 6, 2007                                                 |   |   |   | ×            |   | 8-K    |   | January 9,      2007 |   |    | 2.9 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.1     |   | Articles      of Incorporation dated September 17, 1965                                                     |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.1 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.2     |   | Certificate      of Amendment to Articles of Incorporation, dated October 14,      1981                     |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.2 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.3     |   | Certificate      of Resolution, dated October 14, 1981                                                      |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.3 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.4     |   | Certificate      of Amendment to Articles of Incorporation , dated July 15,      1986                       |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.4 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.5     |   | Certificate      of Amendment to Articles of Incorporation, dated August 23,      1998                      |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.5 |   |
|    |   |                                                                                                             |   |   |   |              |   |   |   |                      |   |    |   |   |
| 3.6     |   | Certificate      of Amendment to Articles of Incorporation, dated June 26,      1992                        |   |   |   | ×            |   | 8-A12G |   | June 23,      1999   |   |    | 3.6 |   |

----

| 3.7    |   | Certificate      of Amendment to Articles of Incorporation, dated June 26,      2001                                                            |   |   |   | × |   | 8-K    |   | July 3,      2001    |   |   | 1.0    |   |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|---------------------------|--------|--------|--------|--------|
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 3.8    |   | Certificate      of Amendment to Articles of Incorporation, dated May 22,    2007                                                                    |   |   |   | x      |   | 8-K    |   | May      31, 2007         |   |   | 3.1    |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 3.9    |   | By-laws,      dated March 2, 1992                                                                                                               |   |   |   | × |   | 8-A12G |   | June 23,      1999   |   |   | 3.7    |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 4.1    |   | Specimen      Common Stock Certificate                                                                                                               |   |   |   | × |   | S-4    |   | January 6,      2007 |   |   | 4.1    |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.1   |   | Renewal,      Extension And Modification Agreement dated January 28, 1994, by and among      DGSE Corporation and Michael E. Hall And Marian E. Hall |   |   |   | × |   | 10-KSB |   | March      1995           |   |   | 10.2   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.2   |   | Lease      Agreement dated June 2, 2000 by and between SND Properties and      Charleston Gold and Diamond Exchange, Inc.                       |   |   |   | × |   | 10-KSB |   | March 29,      2001  |   |   | 10.1   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.3   |   | Lease      agreement dated October 5, 2004 by and between Beltline Denton Road      Associates and Dallas Gold & Silver Exchange                 |   |   |   | × |   | 10-K   |   | April 15,      2005  |   |   | 10.2   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.4   |   | Lease      agreement dated December 1, 2004 by and between Stone Lewis Properties and      Dallas Gold & Silver Exchange                         |   |   |   | × |   | 10-K   |   | April 15,      2005  |   |   | 10.3   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.5   |   | Lease      agreement dated November 18, 2004 by and between Hinkle Income Properties      LLC and American Pay Day Centers, Inc.                     |   |   |   | × |   | 10-K   |   | April 15,      2005  |   |   | 10.4   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.6   |   | Lease      Agreement dated January 17, 2005 by and between Belle-Hall Development      Phase III Limited Partnership and DGSE Companies, Inc.        |   |   |   | × |   | S-4    |   | January 6,      2007 |   |   | 10.6   |   |
|   |   |                                                                                                                                                 |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.7   |   | Sale      agreement dated executed July 5, 2007 by and between DGSE Companies,      Inc. and Texas Department of Transportation                 |   |   |   | × |   | 8-K    |   | July      11, 2007        |   |   | 10.1   |   |

----

| 10.8   |   | Purchase      agreement dated July 5, 2007 by and between DGSE Companies, Inc. and      11311 Reeder Road Holdings, LP              |   |   |   | × |   | 8-K    |   | July      11, 2007        |   |   | 10.2   |   |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|---------------------------|--------|--------|--------|--------|
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.9   |   | Loan      Agreement, dated as of December 22, 2005, between DGSE Companies,      Inc. and Texas Capital Bank, N.A.                  |   |   |   | × |   | 8-K/A  |   | August 17,      2006 |   |   | 10.1   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.10  |   | Third      Amendment to Loan Agreement, dated as of May 10, 2007, by and between DGSE      Companies, Inc. and Texas Capital Bank, N.A.  |   |   |   | × |   | 8-K    |   | May      9, 2007          |   |   | 3.0    |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.11  |   | Support      Agreement, DGSE stockholders, dated as of January 6,    2007                                                           |   |   |   | × |   | 8-K    |   | January 9,      2007 |   |   | 99.1   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.12  |   | Securities      Exchange Agreement, dated as of January 6, 2007                                                                     |   |   |   | × |   | 8-K    |   | January 9,      2007 |   |   | 99.2   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.13  |   | Warrant      to DiGenova, issued January 6, 2007                                                                                    |   |   |   | × |   | 8-K    |   | January 9,      2007 |   |   | 99.3   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.14  |   | Support      Agreement, Superior stockholders, dated as of January 6,      2007                                                     |   |   |   | × |   | 8-K    |   | January 9,      2007 |   |   | 99.5   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.15  |   | Asset      purchase agreement, dated May 9, 2007, by  and between DGSE      Companies, Inc. and Euless Gold & Silver, Inc. |   |   |   | × |   | 8-K    |   | May      9, 2007          |   |   | 1.0    |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.16  |   | Subordinated      Promissory Note dated May 9, 2007                                                                                      |   |   |   | × |   | 8-K    |   | May      9, 2007          |   |   | 2.0    |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.17  |   | Registration      Rights Agreement with Stanford International Bank Ltd., dated as of May      30, 2007                                  |   |   |   | × |   | 8-K    |   | May      31, 2007    |   |   | 99.1   |   |
|   |   |                                                                                                                                     |   |   |   |   |   |   |   |                      |   |   |   |   |
| 10.18  |   | Corporate      Governance Agreement with Dr. L.S. Smith and Stanford International Bank      Ltd., dated as of May 30, 2007              |   |   |   | × |   | 8-K    |   | May      31, 2007    |   |   | 99.2   |   |

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| 10.19  |   | Escrow      Agreement with American Stock Transfer & Trust Company and Stanford      International Bank Ltd., as stockholder agent, dated as of May 30,      2007                 |   |   |   | × |   | 8-K    |   | May      31, 2007  |   |   | 99.3   |   |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|-------------------------|--------|--------|--------|--------|
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.20  |   | Form      of Warrants                                                                                                                                                                 |   |   |   | × |   | 8-K    |   | May      31, 2007       |   |   | 99.4   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.21  |   | Amended      and Restated Commercial Loan and Security Agreement, by and between      Superior Galleries Inc. and Stanford International Bank Ltd., dated as of      May 30, 2007     |   |   |   | × |   | 8-K    |   | May      31, 2007  |   |   | 99.5   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.22  |   | Employment      Agreement with L.S. Smith, dated as of May 30, 2007                                                                                                                   |   |   |   | × |   | 8-K    |   | May      31, 2007       |   |   | 99.6   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.23  |   | Employment      Agreement with William H. Oyster, dated as of May 30, 2007                                                                                                            |   |   |   | × |   | 8-K    |   | May      31, 2007  |   |   | 99.7   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.24  |   | Employment      Agreement with John Benson, dated as of May 30, 2007                                                                                                                  |   |   |   | × |   | 8-K    |   | May      31, 2007       |   |   | 99.8   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.25  |   | Closing      agreement with NTR Metals, LLC and Dr. L.S. Smith                                                                                                                        |   |   |   | × |   | 8-K    |   | May      26, 2010       |   |   | 10.1   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 10.26  |   | Purchase      and sale agreement by and among DGSE Companies and Stanford International      Bank dated January 27, 2010                                                              |   |   |   | × |   | 8-K    |   | May      26, 2010       |   |   | 10.2   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 31.1   |   | Certification      pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934      implementing Section 302 of the Sarbanes-Oxley Act of 2002 by Dr.      L.S. Smith |   | × |   |   |   |   |   |                    |   |   |   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 31.2   |   | Certification      pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934      implementing Section 302 of the Sarbanes-Oxley Act of 2002 by John      Benson    |   | × |   |   |   |   |   |                    |   |   |   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 32.1   |   | Certification      pursuant to 18 U.S.C. Section 1350 as adopted pursuant to      Section 906 of the Sarbanes-Oxley Act of 2002 by Dr. L.S.      Smith                      |   | × |   |   |   |   |   |                    |   |   |   |   |
|   |   |                                                                                                                                                                                  |   |   |   |   |   |   |   |                    |   |   |   |   |
| 32.2   |   | Certification      pursuant to 18 U.S.C. Section 1350 as adopted pursuant to      Section 906 of the Sarbanes-Oxley Act of 2002 by John      Benson                         |   | × |   |   |   |   |   |                    |   |   |   |   |

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| DGSE      Companies, Inc. |                                                                                 |   |                        |
|---------------------------|--------------------------------------------------------------------------------------|--------|-----------------------------|
|                      |                                                                                 |   |                        |
|                      |                                                                                 |   |                        |   |
| By:                  | /s/      L. S. Smith                                                                 |   | Dated:      August 16, 2010 |   |
|                      | L.      S. SmithChairman      of the Board,Chief      Executive Officer andSecretary |   |                        |   |

|      |                                                                                 |   |                        |   |
|-----------|--------------------------------------------------------------------------------------|--------|-----------------------------|--------|
| By:  | /s/      L. S. Smith                                                                 |   | Dated:      August 16, 2010 |   |
|      | L.      S. SmithChairman      of the Board,Chief      Executive Officer andSecretary |   |                        |   |
|      |                                                                                 |   |                        |   |
|      |                                                                                 |   |                        |   |
| By:       | /s/      W. H. Oyster                                                                |   | Dated:      August 16, 2010 |   |
|      | W.      H. OysterDirector,      President andChief      Operating Officer            |   |                        |   |
|      |                                                                                 |   |                        |   |
|      |                                                                                 |   |                        |   |
| By:  | /s/      John Benson                                                                 |   | Dated:      August 16, 2010 |   |
|      | John      BensonChief      Financial Officer(Principal      Accounting Officer)      |   |                        |   |

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