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maurizio cattelan golden toilet sothebys auction

Sotheby's is auctioning Maurizio Cattelan's solid gold toilet, titled "America" (2016), during its November evening sale at the Breuer Building in New York. The 18-karat, 100-kilogram functional toilet will be on view from November 8, though visitors will not be allowed to use it. The starting bid will be determined by the work's weight in gold, estimated around $10 million. The piece was previously exhibited at the Guggenheim Museum in 2016, where over 100,000 visitors used it, and at Blenheim Palace in the UK, where it was infamously stolen in a smash-and-grab heist and never recovered. Sotheby's will accept cryptocurrency for the sale, following the precedent set by Cattelan's banana artwork last year.

justin sun david geffen feud heats up

Crypto billionaire Justin Sun and entertainment mogul David Geffen are locked in an escalating legal battle over Alberto Giacometti's sculpture *Le Nez*. Sun purchased the work for $78.4 million at Sotheby's in 2021, but claims his former art adviser Sydney Xiong fraudulently sold it to Geffen for $10.5 million in cash and two paintings, using forged documents and fictitious lawyers. Sun filed suit in New York in February; Geffen countersued in April, calling the allegations "bizarre and baseless" and accusing Sun of "seller's remorse." Sun's legal team now asserts that Xiong has been detained in China since February, while Geffen's camp points to inconsistencies in Sun's story and his broader financial and legal troubles.

anonymous artist xcopys digital work last selfie sells for record breaking 3 27 m to private collector

An edition of XCOPY's digital artwork "Last Selfie" (2019) sold for a record-breaking $3.27 million (727 ETH) to a private collector, making it the highest price ever paid for an editioned artwork in the tokenized art space. The anonymous London-based artist minted the limited edition of 10 in 2019 for $20 each; the buyer's intermediary approached all ten holders, nine of whom rejected the offer before one accepted. Notable collectors who own editions include Raoul Pal, CozomoMedici, and punk6529, while AI art collector Jediwolf turned down the offer.