Description
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, and institutions in the United States. It offers jewelry products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium precious metals products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles. In addition, it buys and sells scrap gold; and repairs jewelry and watches. As of December 31, 2018, the company marketed its products and services through five retail locations under various banners, including Charleston Gold & Diamond Exchange, and Dallas Gold & Silver Exchange, as well as through CGDEinc.com, DGSE.com, and USBullionExchange.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was founded in 1965 and is based in Dallas, Texas.
