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Solid Gold American Toilet Sells for Rs 106 Crore at Auction. What We Know
Maurizio Cattelan's 223-pound solid 18-karat gold toilet sold for $12.1 million at Sotheby's, exceeding its 2016 valuation of $2.5 million, highlighting demand for unique art pieces.
- On November 18, Italian artist Maurizio Cattelan's 223-pound, 18-karat solid-gold toilet sold for $12.1 million at Sotheby's Breuer Building.
- Billed as the crown jewel of the Now & Contemporary sale on November 18, Mets owner Steve Cohen consigned the second edition, which was offered to the White House but declined before exhibiting at Guggenheim Museum and Blenheim Palace.
- Sotheby's set bids to start at $10 million, but the lot lacked competition and sold to one phone bidder after Phyllis Kao used potty-related banter including asking `Feeling flush?`
- Rising metal value versus a softer auction market framed the sale as the price of gold rose over 50% in the past year to $131,000 per kilogram, while art auction market contraction was 10%.
- Maurizio Cattelan's provocative practice continues to provoke debate, with the piece's odd history including a 2019 Blenheim Palace theft and over 100,000 visitors using it at the Guggenheim Museum.
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The gold pot of the artist Maurizio Cattelan has just been auctioned for over 12 million US dollars. However, the toilet enthusiasm of the art world goes deeper.
·Germany
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Coverage Details
Total News Sources25
Leaning Left4Leaning Right5Center3Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 33%
C 25%
R 42%
Factuality
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