DGSE Companies
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| DGSE | |
|---|---|
| Type | Public company |
| Founded | 1965 |
| Headquarters | Dallas, Texas, United States |
| Area served | Southwestern United States |
| Key people | L.S. Smith, CEO William Oyster, COO John Benson, CFO |
| Industry | Retail and wholesale |
| Products | Jewelry, coins, precious metals, watches |
| Revenue | US$35,319,133 |
| Website | www.dgse.com |
DGSE Companies, Inc. are a leading precious stones and metals wholesaler and retailer in the Southwestern United States, headquartered in Dallas, Texas.[1][2] Originally known as American Pacific Mint Inc., they incorporated in Nevada in September 1965, and later moved to Azusa, California.[3][4] They purchased the Dallas Gold and Silver Exchange in September 1987 for an undisclosed amount, and began doing business under that name in in July 1992. In July 2001, they began to use their present name. They are traded on NASDAQ under the stock symbol DGSE.[3][5][6] They were one of the earliest coin and bullion dealers to begin doing business on the internet; they set up a website to auction jewelry from their stores in 1995, and later launched two further websites for auctioning watches and to allow jewelry manufactures and vendors to sell to each other and directly to the public. They also set up a website to provide real-time price quotes for precious metals.[1] Their revenues from their internet business began to show dramatic growth in 1999; revenue to March 15 of that year was five times the revenue for their 1998 fiscal year.[7] Their acquisition of Superior Galleries, and the success of Superior's first auction under DGSE ownership, drove their share price up 33% to $4.06 in August 2007.[8]
[edit] References
- ^ a b Schmidt, Rob (2000), “The e-commerce ticket for coin and bullion investors: These shares turn collectibles into investibles”, Coin Connoisseur Magazine, <http://www.coinmag.com/article_ecommerce1.html>. Retrieved on 11 October 2007
- ^ “Dallas Gold & Silver Exchange, Inc.”, Dallas Business Journal, 2007, <http://dallas.bizjournals.com/dallas/gen/company.html?gcode=C412F809EDB248FA921043A99E1CDFB3>. Retrieved on 11 October 2007
- ^ a b “LA Briefly”, Daily News of Los Angeles, 1987-09-03, <http://docs.newsbank.com/g/GooglePM/LA/lib00086,0EF5158EF2D9077C.html>. Retrieved on 11 October 2007
- ^ Form 10KSB SEC Filing, DGSE Companies, Inc., 1998-03-13, <http://sec.edgar-online.com/1998/03/13/09/0001010549-98-000068/Section2.asp>. Retrieved on 18 September 2007
- ^ “Name change OK'd”, American Metal Market, 1992-07-13, <http://findarticles.com/p/articles/mi_m3MKT/is_n134_v100/ai_12425021>. Retrieved on 11 October 2007
- ^ “Dallas Gold & Silver Exchange changes name to DGSE”, Dallas Business Journal, 2001-07-05, <http://www.bizjournals.com/dallas/stories/2001/07/02/daily25.html>. Retrieved on 11 October 2007
- ^ “Dallas Gold and Silver Exchange reports Internet growth”, Dallas Business Journal, 1999-03-15, <http://www.bizjournals.com/dallas/stories/1999/03/15/daily9.html?jst=s_cn_hl>. Retrieved on 11 October 2007
- ^ “DGSE up 33 Percent”, Speeple News, 2007-08-08, <http://news.speeple.com/mn1.com/2007/08/08/dgse-up-33-percent.htm>. Retrieved on 11 October 2007
