Tuesday, September 23, 2025
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
CryptoStandard.in
No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
Crypto Marketcap
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading
No Result
View All Result
CryptoStandard.in
No Result
View All Result
Home NFT

Maurizio Cattelan’s duct-taped banana fetches $6.2m at Sotheby’s New York

by cryptostandard
in NFT
Reading Time: 4 mins read
A A
0

Probably the most talked-about lot of the New York public sale season, the duct-taped banana by Maurizio Cattelan, offered for a hammer value of $5.2m ($6.2m with charges) at Sotheby’s New York after a seven-minute bidding struggle.

Comic (2019), which consists of a banana connected to a wall with silver duct tape, got here to the block Wednesday (20 November) at Sotheby’s The Now and Up to date public sale. The profitable bid far exceeded the public sale home’s $1m to $1.5m estimate.

Bidders drove the value as much as $5.2m earlier than a winner emerged, with a Chinese language purchaser on the cellphone with Jen Hua, the deputy chairman of Sotheby’s Asia, outdueling on-line bidders. Sotheby’s mentioned after the sale that the customer was Justin Solar, a Chinese language collector and founding father of the cryptocurrency platform Tron. Solar has beforehand bid on different splashy public sale heaps, together with shopping for a $78m Giacometti sculpture at Sotheby’s in 2021 and, he claims, narrowly lacking out on Beeple’s record-breaking NFT (non-fungible token) earlier that very same yr.

Comic “represents a cultural phenomenon that bridges the worlds of artwork, memes, and the cryptocurrency neighborhood”, Solar mentioned in a press release via Sotheby’s after buying the lot. “I imagine this piece will encourage extra thought and dialogue sooner or later and can grow to be part of historical past.” Solar plans to eat the banana, he added, as a approach of “honouring its place in each artwork historical past and standard tradition”.

Sotheby’s mentioned earlier than the sale that the public sale home would settle for cryptocurrency for the work and confirmed that Solar pays in crypto, although it didn’t specify which foreign money.

Sotheby’s auctioneer Oliver Barker opens the bidding on Maurizio Cattelan’s Comic (2019) Screenshot view YouTube

The lot, which got here to public sale backed by a assure, features a single roll of duct tape and one banana, the latter of which the public sale home has sourced from the fruit stand exterior its headquarters on York Avenue, the place Wednesday’s public sale was held. The winner of the public sale turns into the proprietor of a certificates of authenticity and particular directions by Cattelan for how you can show the work.

When Cattelan debuted Comic at Perrotin’s stand throughout Artwork Basel Miami Seaside in 2019, it was his first “sculpture” in 15 years and he described the work as “a honest commentary and a mirrored image on what we worth”. The work shortly turned the most well-liked object on the occasion, and Perrotin took it down earlier than the top of the truthful as a result of crowd considerations. Comic has been derided as each a consequence of art-market extra and lauded as a tongue-in-cheek image of its personal absurdity. The banana element of the work has been eaten whereas on show twice, first by a efficiency artist at Artwork Basel Miami Seaside and once more by a hungry artwork scholar on the Leeum Museum of Artwork in Seoul in 2023 (when knowledgeable of the latter incident, Cattelan mentioned it was “no drawback in any respect”.)

Perrotin offered three editions of the work throughout the truthful in 2019, priced between $120,000 and $150,000. The version offered at Sotheby’s beforehand traded palms privately, in keeping with the public sale home. One other has been acquired by the Solomon R. Guggenheim Museum.

Tags: 62MbananaBitcoin NewsCattelansCrypto NewsCrypto StandardCrypto UpdatesducttapedfetchesLatest Bitcoin NewsMaurizioSothebysYork
Previous Post

Asset Supervisor Amundi Acquires Aixigo in $157 Million Deal

Next Post

What occurred to MSTR? Brief gamma? | by ab1sh3k | The Capital | Nov, 2024

Related Posts

Gaza Biennale, that includes works by artists from the war-torn strip, will come to New York Metropolis – The Artwork Newspaper

Gaza Biennale, that includes works by artists from the war-torn strip, will come to New York Metropolis – The Artwork Newspaper

by cryptostandard
0

As efforts to ease the humanitarian cataclysm in Gaza present few indicators of progress, a bunch of Palestinian creatives are...

4,000-year-old Historical Egyptian handprint found by Cambridge museum – The Artwork Newspaper

4,000-year-old Historical Egyptian handprint found by Cambridge museum – The Artwork Newspaper

by cryptostandard
0

An Historical Egyptian handprint relationship again round 4,000 years has been discovered on an artefact on the Fitzwilliam Museum in...

From a soccer feast to deceitful dolphins: three artwork exhibitions to not miss on the Manchester Worldwide Competition – The Artwork Newspaper

From a soccer feast to deceitful dolphins: three artwork exhibitions to not miss on the Manchester Worldwide Competition – The Artwork Newspaper

by cryptostandard
0

The newest version of Manchester Worldwide Competition—the primary pageant to fee and produce new works throughout all cultural sectors—takes place...

Seven years after brutal hearth, Nationwide Museum of Brazil to partially reopen

Seven years after brutal hearth, Nationwide Museum of Brazil to partially reopen

by cryptostandard
0

The Nationwide Museum of Brazil (Museu Nacional-UFRJ) in Rio de Janeiro will quickly reopen a few of its galleries this...

How Affirmation Bias Is Destroying Your Product

How Affirmation Bias Is Destroying Your Product

by cryptostandard
0

Opinions expressed by Entrepreneur contributors are their very own. Probably the most harmful phrases in product improvement are: "Our customers...

Load More
Next Post
What occurred to MSTR? Brief gamma? | by ab1sh3k | The Capital | Nov, 2024

What occurred to MSTR? Brief gamma? | by ab1sh3k | The Capital | Nov, 2024

Solana (SOL) Bulls Keep in Management: Rally Far From Over?

Solana (SOL) Bulls Keep in Management: Rally Far From Over?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
#
  • Trending
  • Comments
  • Latest
New, clear and clear crypto pricing construction

New, clear and clear crypto pricing construction

Crypto Market Information: BTC Value Publish-Halving

Crypto Market Information: BTC Value Publish-Halving

Berachain (BERA) Value Prediction 2025 2026 2027

Berachain (BERA) Value Prediction 2025 2026 2027

Crypto value predictions: Vantard, Cardano, Hamster Kombat

Crypto value predictions: Vantard, Cardano, Hamster Kombat

Neutron (NTRN) Worth Prediction 2023 2024 2025

Neutron (NTRN) Worth Prediction 2023 2024 2025

LEVER Value Prediction Forward of 60K Incentive Program

LEVER Value Prediction Forward of 60K Incentive Program

Introducing Common Alternate (UEX): Bitget’s Pioneering Mannequin for the Way forward for Buying and selling

Introducing Common Alternate (UEX): Bitget’s Pioneering Mannequin for the Way forward for Buying and selling

Crypto.com Denies Claims of Hidden 2023 Knowledge Breach

Crypto.com Denies Claims of Hidden 2023 Knowledge Breach

The parable of greenback dominance

The parable of greenback dominance

Google Gemini Lands in Chrome for All US Desktop Customers

Google Gemini Lands in Chrome for All US Desktop Customers

Crypto corporations in Britain could face new FCA proposals on conduct guidelines

Crypto corporations in Britain could face new FCA proposals on conduct guidelines

Inexperienced Packing containers with Laptop Elements… What are these?

Inexperienced Packing containers with Laptop Elements… What are these?

CryptoStandard.in

Find the latest Bitcoin, Trending Crypto Updates, Altcoins, Blockchain, NFTs, Crypto Regulations, Interviews, Price Analysis, and more at Crypto Standard

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • BITCOINS
  • CRYPTO NEWS
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • NFT
    • MINING
    • Regulations
  • BLOCKCHAIN
  • WEB3
  • METAVERSE
  • Guides 99
  • Cryptocurrency Wallets
  • Margin Trading

Copyright © 2022 - Crypto Standard.
Crypto Standard is not responsible for the content of external sites.