EXHIBIT 1.0

                            CERTIFICATE OF AMENDMENT
                                       TO
                            ARTICLES OF INCORPORATION
                                       OF
                      DALLAS GOLD AND SILVER EXCHANGE, INC.

         William H. Oyster and L.S. Smith do hereby certify that:

         1.       They are the President and Secretary,  respectively, of Dallas
                  Gold And Silver Exchange, Inc., a Nevada corporation.

         2.       At a meeting  of the  Board of  Directors  of Dallas  Gold And
                  Silver  Exchange,  Inc. duly held on March 26, 2001, the Board
                  of Directors adopted resolutions pursuant to Section 78.315 of
                  Nevada  Revised  Statutes,  to  amend  Article  First  of  the
                  Articles of Incorporation. The amendment was set forth in said
                  resolution  and it was  further  resolved  that  the  proposed
                  amendment  and  the   advisability  of  adoption   thereof  be
                  presented  to  the  stockholders  at  the  Annual  Meeting  of
                  Stockholders.

         3.       At the Annual Meeting of Stockholders,  a meeting duly noticed
                  and held on June 25, 2001, the stockholders  voted,  either in
                  person or by proxy,  to adopt the  amendment  as set forth and
                  recommended  by the  Board  of  Directors.  The  amendment  to
                  Article First was adopted by 4,541,507  shares of Common Stock
                  voting  in favor  and 1,967  shares  of  Common  Stock  voting
                  opposed.  There  were a total of  4,927,990  shares  of Common
                  Stock  outstanding  and entitled to vote at the Annual Meeting
                  of Stockholders.

         4.       Said  Articles  were amended by the adoption of the  following
                  resolution:

                  RESOLVED:  That Article First of the Articles of Incorporation
                  of  this  Corporation  shall  be  amended  to  read in full as
                  follows:

                  "First. The name of the Corporation is DGSE Companies, Inc."

                  IN WITNESS  WHEREOF,  the  undersigned  hereby  executed  this
                  Certificate of Amendment this 26 day of June, 2001.

                  Dallas Gold & Silver Exchange, Inc.

                  By: ____________________________         _____________________
                      William H. Oyster, President         L.S. Smith, Secretary