Cattelan's Banana Artwork Sells for $6.2 Million
Cattelan's Banana Artwork Sells for $6.2 Million
Cattelan's Banana Artwork Sells for $6.2 Million
News summary

Maurizio Cattelan's controversial artwork, 'Comedian', a banana duct-taped to a wall, sold for $6.2 million at a Sotheby's auction in New York to cryptocurrency entrepreneur Justin Sun. Originally debuting at Art Basel in 2019 with a price of $120,000, the piece sparked debates about the nature of art. The sale exceeded the anticipated $1-1.5 million range, with Sun claiming it symbolizes a cultural phenomenon bridging art, memes, and cryptocurrency. The artwork, one of three editions, includes a certificate of authenticity and instructions for replacing the banana as it decays, highlighting its conceptual nature. Sun expressed intentions to eat the banana, echoing performance artist David Datuna's similar act in 2019. The auction accepted cryptocurrency bids, further linking the artwork to modern digital trends.

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