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Sotheby’s to Auction Cattelan’s 18-Karat Gold Toilet With Bullion-Based Opening Bid

Opening at the piece’s bullion value, the sale explicitly measures the artistic premium over raw gold.

Overview

  • The fully functioning sculpture, cast from about 101.2 kilograms of 18-karat gold, will open near $10 million with the exact figure tracking the gold price until bidding starts.
  • Public preview runs November 8–17 at Sotheby’s new Breuer Building headquarters, where the work will be plumbed for viewing one person at a time but not available for use.
  • The piece is slated for the November 18 contemporary evening auction in New York, and Sotheby’s will accept cryptocurrency as payment.
  • The edition on offer was made in 2016, acquired from Marian Goodman Gallery in 2017 by a private collector, and is described by Sotheby’s as the only extant physical version; there is no reported irrevocable bid.
  • A separate edition installed at Blenheim Palace was stolen in 2019 and has never been recovered, with investigators believing it was destroyed, following convictions in the case earlier this year.