A Gustav Klimt portrait painting sold on Tuesday for US$236 million, a record for a modern art piece, at an auction where a solid gold, fully functional toilet satirising the ultrarich also fetched US$12.1 million.
The toilet, by Maurizio Cattelan – the provocative Italian artist known for taping a banana to a wall – went up for auction on Tuesday evening at Sotheby’s in New York. The starting bid for the 101kg, 18-karat gold work was about US$10 million.






