Superior Galleries' September 2008 Pre-Long Beach Elite Sale Posts Exceptional Prices

DGSE Companies, Inc. (Amex: DGC), which wholesales, retails and auctions fine watches, jewelry, tiffanys, precious metal and rare coin products via traditional and Internet channels, announces exceptionally strong prices realized at Superior Galleries' September 2008 Pre-Long Beach Elite Auction Sale that concluded on September 15, 2008.

This exciting sale featured almost 900 lots of rare copper, silver, and gold coins, as well several currency, Civil War token, and world coin lots. Prices realized totaled almost $2.7 million including one lot sold after the sale for $120,000 including 15% buyers commissions. A breakdown of the total lots sold amounted to almost an even split - floor bidders to mail and web bidders.

Some highlights included:

-- Lot 172 1876-CC Twenty Cent Piece MS62 PCGS $264,500

-- Lot 220 1872-CC Seated Liberty Half Dollar MS62 PCGS $100,625

-- Lot 793 1872 Pattern Half Dollar Judd-1200 PR65 NGC $60,375

-- Lot 46 1821 Coronet Large Cent MS63 Red and Brown PCGS $58,650

-- Lot 794 1872 Pattern Dollar Judd-1205 PR58 tiffany rings $57,500

-- Lot 47 1824 Coronet Large Cent MS64 Red and Brown PCGS $56,350

-- Lot 413 1839 Liberty $10 Large Letters MS60 PCGS $50,600

-- Lot 43 1813 Classic Head Large Cent MS63 Brown PCGS $49,450

-- Lot 410 1800 Capped Bust $10 MS62 PCGS $48,875

-- Lot 376 1813 $5 MS64 PCGS $48,300

These prices include the buyers commission.

Many of these coins including the highlight 1876-CC twenty cent piece have not seen a public marketplace for decades and represent more fresh numismatic material being offered by Superior Galleries. Paul Song commented, "It is our goal to continue to provide the collecting public with an entirely fresh offering of U.S. coins, world coins, currency, and other numismatically related items. It is though these efforts that our Elite Auction Sales continue to grow both in size and values realized."

Mr. Song continued, "Our focus is now shifting to our upcoming Santa Clara Elite Auction sale to be held November 13-14, 2008. The consignment deadline, October 3rd is rapidly approaching, and we already have a number of important consignments in process."

For more information on this auction or on how to consign to one of our future Elite Auctions, please contact Paul Song, 800-545-1001 or consign@sgbh.com. Space is limited in all of our exclusive Elite Auctions, so please contact us well in advance to reserve a spot for your special numismatic treasures.

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

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

This press release includes statements which may constitute "forward-looking" statements, usually containing the words "will," "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of DGSE's products and services in the marketplace, competitive factors, the risks associated with business combinations, industry factors (including competition, fluctuations in interest rates and bullion values), dependence upon third-party vendors, and other risks detailed in the DGSE's periodic reports filed with the Securities and Exchange Commission. The actual results or performance by DGSE could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if tiffany bracelets of them do so, what impact they will have on the results of operations or financial condition of DGSE. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.