A duct-taped banana artwork fetches US$5.2m at New York auction

H

Hume

Verified User
Maurizio Cattelan’s viral artwork involving a banana duct-taped to a wall has sold at auction for US$5.2m, besting initial estimates of between US$1m and US$1.5m.

One of three editions for the 2019 work, titled Comedian, made its auction debut on Wednesday evening at Sotheby’s New York, as part of its contemporary art auction.

www.theguardian.com

$5.2m for a duct-taped banana: has the buyer of Maurizio Cattelan’s artwork slipped up?

Crypto entrepreneur Justin Sun bought one of three editions of the viral 2019 work, describing it as ‘a cultural phenomenon’. But what does he get for his money?
www.theguardian.com www.theguardian.com
 
Anyone who has not figured out that the buying and selling of so called art is a scam has not been paying attention.
 
I'll admit that I find the high end art world a complete world of lunacy.

That said, if someone wants to spend their own $5.2 million, who am I to tell them 'No'?
 
Hume said:
Maurizio Cattelan’s viral artwork involving a banana duct-taped to a wall has sold at auction for US$5.2m, besting initial estimates of between US$1m and US$1.5m.

One of three editions for the 2019 work, titled Comedian, made its auction debut on Wednesday evening at Sotheby’s New York, as part of its contemporary art auction.

www.theguardian.com

$5.2m for a duct-taped banana: has the buyer of Maurizio Cattelan’s artwork slipped up?

Crypto entrepreneur Justin Sun bought one of three editions of the viral 2019 work, describing it as ‘a cultural phenomenon’. But what does he get for his money?
www.theguardian.com www.theguardian.com
Click to expand...

THIS is how we know there is no objective standard for art!

When I travel I actually LOVE going to modern art museums. The best was Kiasma in Helsinki when they were showing their "most loved and most hated modern art installations". Some really weird stuff in there.

The Palais du Tokyo in Paris was also a trip! Some really unhinged stuff there.

Eons ago I got to see Matthew Barney's "Cremaster Cycle" at the Guggenheim. The installation of art associated with the films was largely just things coated in vaseline.

Modern art is fun!
 
WinterBorn said:
I'll admit that I find the high end art world a complete world of lunacy.
Click to expand...

OH IT IS! And a lot of is just rich people trying to feel more avant garde and running up prices on the most bizarre shit so they can feel like they are truly out over the edge and truly hip beyond hipness.

It's a wholly synthetic market with values unmoored from any real aspect of the art. But it's actually OK because there is no objective standard for what makes great art.

WinterBorn said:
That said, if someone wants to spend their own $5.2 million, who am I to tell them 'No'?
Click to expand...

If you're like the rest of us you are looking in the garage at the half-used roll of duct tape and the pile of bananas on your counter that are going brown and you're thinking "What do I need to do to make $6.2 Million?"
 
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