EXHIBIT 21
SUBSIDIARIES OF SOTHEBY'S
As of December 31, 2012, the significant subsidiaries of Sotheby's, which are wholly owned except where indicated, are as follows:
| Entity Name | Jurisdiction of Incorporation | |
| 1334 York, LLC | Delaware | |
| Fine Art Insurance Ltd. | Bermuda | |
| Oatshare Ltd. | United Kingdom | |
| Sotheby's | United Kingdom | |
| Sotheby's A.G. | Switzerland | |
| Sotheby's Amsterdam BV | Netherlands | |
| Sotheby's Asia Cooperatief | Netherlands | |
| Sotheby's Asia Ltd. | Bermuda | |
| Sotheby's Asia LLC | Delaware | |
| Sotheby's Financial Services, Inc. | Nevada | |
| Sotheby's Fine Art Holdings, Inc. | Delaware | |
| Sotheby's France S.A.S. | France | |
| Sotheby's Global Trading, GmbH | Switzerland | |
| Sotheby's Hong Kong, Ltd. | Hong Kong | |
| Sotheby's Italia S.r.L. | Italy | |
| Sotheby's Nederland B.V. | Netherlands | |
| Sotheby's, Inc. | New York | |
| SPTC Delaware LLC | Delaware | |
| SPTC, Inc. | Nevada | |
| York Finance S.a.r.l. | Luxembourg | |
| York UK Holdco International Ltd. | United Kingdom | |
| York Luxembourg Holdings International S.a.r.l. | Luxembourg | |
| York Holdings International, Inc. | Delaware | |
Other than the subsidiaries listed above, the Registrant has 20 directly and indirectly controlled domestic subsidiaries and 30 directly and indirectly controlled foreign subsidiaries.