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Ola! Curse and Coffee friends,
Today, we dive into the sale of the famous gold toilet and its weight in gold.
Hit reply and let us know what you think (we read all of your words).
Coffee at the ready…
The Big Sip
The take: Sotheby's is auctioning Cattelan's gold toilet while gold prices rip.
What happened: Sotheby's announced that it will auction Maurizio Cattelan's 18-karat solid gold toilet on 18 November with a starting bid set by the commodity value of its 101.2kg of gold.
Why it matters: Gold hit record demand of 1,313 tonnes in Q3 2025, while prices averaged $3,456 per ounce, up 40% year-on-year. The seller and auction house are timing the sale during strong market conditions.
What to watch: Whether the final hammer price exceeds Cattelan's $17.2M auction record set by his Hitler sculpture in 2016, or if commodity value creates a ceiling.
[Analysis] Mining.com — Spot gold up 50% year-to-date after hitting $4,381/oz on 20 October.
The Guggenheim once called it "unprecedented intimacy with a work of art." Your broker calls it a hedge.
Sponsor Break
Before we jump into today’s brew, here are some words from today’s sponsor…
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