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A granite monument with every defeat ever suffered by the England soccer team over 124 years engraved on it sold for $646,000 on Tuesday.

The gloomy sculpture by Italian artist Maurizio Cattelan was sold to an anonymous French-speaking bidder at a Sotheby's auction in London.

"Carved into it are all the defeats of England's national football team. I guess it's a piece which talks about pride, missed opportunities and death," said Cattelan.