<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>5
<FILENAME>dgse10qsbex321093003.txt
<DESCRIPTION>SECTION 906 CERTIFICATION OF CEO
<TEXT>

                                                                    Exhibit 32.1



                    Certification of Chief Executive Officer

                            CERTIFICATION PURSUANT TO
                 SECTIONS 906 OF THE SARBANES-OXLEY ACT OF 2002
                                (18 U.S.C. 1350)



         In connection with the Quarterly  Report of DGSE  Companies,  Inc. (the
"Company") on Form 10-QSB for the period ended  September 30, 2003 as filed with
the Securities and Exchange  Commission on the date hereof (the  "Report"),  the
undersigned certifies pursuant to 18 U.S.C. 1350, as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002, that to his knowledge:

         1)       The Report fully  complies  with the  requirements  of Section
                  13(a) or  15(d) of the  Securities  Exchange  Act of 1934,  as
                  amended; and
         2)       The information  contained in the Report fairly  presents,  in
                  all material respects,  the financial condition and results of
                  operations of the Company.



Dated: November 5, 2003                  By  /s/ L.S. Smith
                                           -------------------------------------
                                           L.S. Smith, Chairman of the Board,
                                           Chief Executive Officer and Secretary


</TEXT>
</DOCUMENT>
