Billionaire’s Solid-Gold Toilet by Cattelan Hits $10M Auction Block
Billionaire Stephen Cohen, who acquired Maurizio Cattelan's solid-gold toilet, 'America', from the Marian Goodman Gallery in 2017, is now offering it at auction in New York on November 18. The starting price for the fully functional, 18-karat gold toilet is set at $10 million.
The sale of 'America' has sparked conversations about the value of art. One of two toilets created by Maurizio Cattelan, it was stolen from an exhibition in the UK in 2019, highlighting its status as both a piece of art and a valuable commodity. Cohen, a prominent art collector, initially purchased the toilet for an undisclosed sum. The upcoming auction at Sotheby's will determine its current market value.
The auction of 'America' is set to be a significant event in the art world. With a starting price of $10 million, it will be interesting to see if the market agrees with Cohen's valuation of the fully functional, solid-gold toilet.
