Shane Ferro
Art market news and commentary by the staff of Art+Auction

MARKET WATCH: Art market news and commentary by the staff of Art+Auction

Soccer Superstar’s Graffiti-Covered Rolls Royce Pulls Into Benefit Auction

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A Rolls Royce belonging to the former French soccer superstar Eric Cantona, which he had turned into a graffiti-covered artwork by street artist JonOne on live TV last June (see clip below), will be the centerpiece of Paris auction house Artcurial‘s January 22 street art sale, with an early estimate of €20,000 ($26,600), Libération reports. The sale will benefit the Fondation Abbé Pierre, a French charitable foundation that offers assistance to the poor, homeless, and refugees.

Artcurial has waived all fees and charges for the sale of the tagged 1984 Rolls Royce, a Corniche model, which Cantona discussed donating on French cable channel Canal+ in June 2012. “I decided to donate it because it’s the ultimate symbol of richness,”the former Manchester United forward explained. “And associated with what is the ultimate poverty, this Rolls Royce painted by the world-renowned street artist JonOne has a real coherence and a lot of force.”

It is by far the largest piece in the 300-work street art sale, which is expected to fetch somewhere in the region of €1-million ($1.33-million), a total on par with the house’s 2012 street art sale, and nearly double the same sale’s tally in 2011. Other, non-motorized works that will be available on January 22 include pieces by Shepard Fairey, Invader, Taki 183, KAWS, and others.

Eric Cantona explains his donation of a tagged Rolls Royce to the Fondation Abbé Pierre:

— Benjamin Sutton

This article also appears on In The Air, ARTINFO’s art news blog.

(Image courtesy Artcurial.)

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