| Sotheby's is an auctioneer of authenticated fine and decorative art, jewelry and collectibles. Sotheby's operations are organized under three segments: Auction, Finance and Dealer. Its Auction segment functions as an agent offering authenticated works of art for sale at auction. In addition, its Auction segment provides a number of related services, including the brokering of private sales of artwork. Sotheby's also operates as a dealer in works of art through its Dealer segment. Sotheby's conducts art-related financing activities through its Finance segment and is also engaged in licensing activities. |
