Steve Cohen Identified as Seller of Cattelan’s Gold Toilet at Sotheby’s Nov. 18 Auction
Sotheby’s will peg the opening bid to the work’s bullion value, testing demand without an auction guarantee.
Overview
- Steven A. Cohen, the Mets owner and Point72 founder, has been reported as the consignor of Maurizio Cattelan’s 18‑karat gold toilet, America (2016).
- The work will be offered in New York on November 18 in Sotheby’s Now and Contemporary evening sale with an opening bid around $10 million tied to the spot price of gold.
- Sotheby’s confirmed there is no irrevocable bid in place, leaving the result entirely to competitive bidding.
- The sculpture weighs over 100 kilograms and is fully functional, but it will be shown “out of order” for one‑at‑a‑time viewing in a bathroom at the auction house’s Breuer Building.
- Only two examples were fabricated from an edition of three plus two artist proofs, and the other fabricated version was stolen from Blenheim Palace in 2019 and never recovered.