<DOCUMENT>
<TYPE>EX-2
<SEQUENCE>3
<FILENAME>dgsesc13da12ex2012507.txt
<DESCRIPTION>VOTING PROXY FROM RONALD URVATER 01/25/07
<TEXT>

EXHIBIT 2





                         PROXY FOR VOTIING SHARES OF THE
                                  COMMON STOCK
                             OF DGSE COMPANIES, INC.


The undersigned,  as record and beneficial owner of 120,000 Shares of the common
stock of DGSE Companies,  Inc., a Nevada  corporation  (the  "Company"),  hereby
constitutes and appoints Dr. L. S. Smith as proxy for the  undersigned,  to vote
and otherwise represent all of the shares of the undersigned for the transaction
of any business that may legally come before any meeting of the  shareholders of
the Company,  any adjournment thereof or otherwise through any consent action of
shareholders, with the same effect as if the undersigned were present and voting
the shares.

     This  Proxy  shall be  irrevocable  for a term of one year from the date of
execution of this proxy.

DATE: January 25, 2007



/s/ Ronald Urvater
------------------
(Signature)
</TEXT>
</DOCUMENT>
