DGSE Companies Inc, which wholesales, retails and auctions fine watches, jewelry, diamonds and precious metal and rare coin products via traditional and Internet channels, announced the opening of new facilities in Woodland Hills, California.
The new facility at 20011 Ventura Blvd., Woodland Hills, California combines a new retail activity that will function as a rare coin, precious metals and jewelry Gallery with headquarters for auction activities for Superior Galleries. Superior will conduct auctions in the new location and continue to conduct auctions in Beverly Hills, California and in other locations.
“The opening of the new facilities in Woodland Hills is expected to significantly expand Superior's retail activities and provide a conveniently accessible location for its precious metals and jewelry buying activities,” noted William H. Oyster, President and Chief Operating Officer of DGSE Companies Inc.
Mr. Oyster continued, “We will continue to have a robust presence in Beverly Hills, California and will conduct several of our annual auctions there. The expansion into the San Fernando Valley provides access to a larger audience for our unique services and we expect the new Superior Gold & Diamond Exchange operation to contribute materially to our future growth.”