<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>4
<FILENAME>dgse10qsbex321063004.txt
<DESCRIPTION>CERTIFICATION OF CEO UNDER SECTION 906
<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 June 30, 2004 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: August 12, 2004                   By  /s/ L.S. Smith
                                           -------------------------------------
                                           L.S. Smith, Chairman of the Board,
                                           Chief Executive Officer and Secretary

</TEXT>
</DOCUMENT>
