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The public sale, held on Wednesday, November 20, surprised attendees when bidding for Cattelan’s quirky piece shortly escalated.
The duct-tape paintings by Maurizio Cattelan is titled ‘Comic’.
In a bizzare flip of occasions, a easy banana with a black stripe taped to a wall fetched an eye-watering worth of $6.2 million (roughly Rs 52.4 crore) at a Sotheby’s public sale in New York. However that is no odd banana – it’s the work of famend prankster artist Maurizio Cattelan, titled ‘Comic’. The client, cryptocurrency mogul Justin Solar, beat out six different bidders to assert the weird paintings, making the banana the costliest fruit on this planet.
The public sale, held on Wednesday, November 20, surprised attendees when bidding for Cattelan’s quirky piece shortly escalated. What began as an odd but intriguing artwork set up grew to become a subject of world dialog as Solar, the founding father of cryptocurrency platform TRON, outbid rivals to safe the paintings for an quantity that was almost 4 instances increased than its authentic estimate.
The banana, which was taped to the wall with black duct tape, was initially bought by an nameless purchaser for simply $35 (Rs 2,958) earlier within the day, solely to be flipped later that evening for a staggering $6.2 million. This occasion left the artwork world and the cryptocurrency neighborhood buzzing. In a press release following his buy, Justin Solar defined his resolution to purchase ‘Comic’, emphasising how Cattelan’s piece mirrored a singular intersection of artwork, memes, and the world of cryptocurrency.
Whereas the value tag might sound absurd to some, ‘Comic’ garnered consideration for its provocative commentary on up to date tradition. Cattelan, identified for his unconventional artwork, has a historical past of stirring controversy together with his works, and this newest piece was no exception.
Maurizio Cattelan’s ‘Comic’, which first appeared in 2019, has change into an emblem of the rising crossover between digital tradition and advantageous artwork. Its enchantment goes past the artwork world, attracting the curiosity of tech entrepreneurs like Solar, who sees the piece as a logo of the present cultural second – one the place memes, web humor, and digital property like cryptocurrency dominate in style discourse.
Because the public sale outcomes reverberated throughout the globe, the banana’s record-breaking sale raised questions in regards to the worth of artwork and the function of unconventional works within the trendy market.
- Location :
New York, United States of America (USA)
