Exhibit 21

Active Direct and Indirect Subsidiaries of A-Mark Precious Metals, Inc.

(100% owned except where indicated)

Name of Subsidiary		Jurisdiction of Incorporation
Collateral Finance Corporation		Delaware
A-Mark Trading AG		Austria
Transcontinental Depository Services, LLC		Delaware
A-M Global Logistics, LLC		Delaware
AM&ST Associates, LLC		Delaware (69% owned)
Goldline Inc.		Delaware
AM Capital Funding, LLC		Delaware
AM IP Assets, LLC		Delaware
AM Services, Inc.		Delaware
Precious Metals Purchasing Partners, LLC		Delaware (50% owned)