Duct-Taped Banana "Art" Sells For Over $6 Million!
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"Comedian," a conceptual artwork featuring a banana duct-taped to a wall, fetched an astounding $6.2 million at a Sotheby’s auction on November 20, 2024. Bidding began at $800,000 and quickly surged to $4 million and then $5.2 million, plus $1 million in auction fees. The final price surpassed the $1.2 million pre-auction estimate for the artwork.
Created by Italian artist Maurizio Cattelan, "Comedian" sparked widespread controversy when it debuted at Miami's Art Basel in 2019. Cattelan explained that the piece explored how society assigns value to everyday objects. He had initially thought of crafting a banana using resin or bronze. However, the artist ultimately chose a real banana to convey his message. The artwork gained even more fame after a visitor ate the banana, forcing officials to replace it with a backup.
Its immense popularity drew large crowds. Concerned the visitors might damage other artworks"Comedian" was eventually removed from public display. However, three editions of the artwork were sold at the time for prices ranging from $120,000 to $150,000 each. One of these was later donated to the Guggenheim Museum in New York City. It remains unclear which edition was auctioned on November 20.
Regardless, five years later, Chinese-born entrepreneur Justin Sun paid over 40 times the highest original price for "Comedian". The artwork's value was not in the banana itself, which had been purchased earlier that day for just 35 cents. Instead, its worth lies in the certificate of authenticity. It grants Sun the right to duct tape a banana to a wall and call it "Comedian." He also received installation instructions, including how to replace the fruit whenever it rots.
Sun said. "[The artwork] represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community."
"Additionally, in the coming days, I will personally eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture." he remarked.
Sun made good on this promise by devouring the fruit in a press conference held in Hong Kong on November 29, 2024.
“It’s much better than other bananas,” Sun told reporters. “It’s really quite good.”
Since the sale, a kind Samaritan has helped raise over $19,000 to support the New York fruit vendor whose banana was used in the auction.
Resources: NPR.org, Smithsonianmag.com, CNN.com
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98 Comments
thiago1113 daysBe right back I’m going to get an apple and some duct tape ( time to be millionaire🤑]
tennisgirl123413 daysThat is actually so smart
lukelande13 daysArtist was the reason it was so much just famous designer!- lukelande13 daysThat banana had to taste delicious!🤪
rowboat20912 daystrue
gamergeek13 daysIf A Well Known Artist Flings Paint All Across a Canvas And Calls It Art... It'll Prolly Sell for Millions. -_-- leilani1012 dayswell its not about how it looks its about how you can portray the art almost anything can be art also throwing something like that on the canvas is considered art
- lovewajobygo13 daysSURPER EPIKKKKKKKKK ARTICALE
animals_lover13 daysUhh... the reporter said it was like, a cultural phenomenon that bridges the worlds of art, memes, ect. But really? Let's be real, it's just a banana.
versailles13 daysPeople are crazy- kyzubyzo-17262458445813 daysNice hyperrealism there buddy!
jteng14 daysIf I do a "duct-taped apple ART", I may gain $6 million =) !!!- gamergeek13 daysThe Reason It Sold Was The Artist Was Evidently Widely Known. If Your Not A Well Known Artist You Art Probably Won't Sell...
