this post was submitted on 21 Nov 2024

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Duct-taped banana sells for more than $6 million at auction (www.nbcnews.com)

submitted 5 days ago by SheepWolf@beehaw.org to c/news@beehaw.org

13 comments fedilink hide all child comments

A banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million Wednesday.

Maurizio Cattelan's "Comedian" is simply a banana stuck to the wall with a strip of silver duct tape exactly 160 centimeters from the floor.

The artwork debuted at Art Basel Miami Beach in December 2019 and was initially estimated to sell for $1.5 million, according to Sotheby's.

Art Basel quickly had to take the banana off the wall because of the crowds it drew, as it was prompting concern for the other featured artworks, art critic Nancy Durrant said in a Sotheby's video about the piece of art.

It was the first art fair Cattelan was included in for 15 years, and it was the "announcement as a new original work by Maurizio Cattelan that captured the world's attention immediately," said David Galperin, Sotheby’s head of contemporary art for the Americas.

At one point, someone even took the banana off the wall and ate it.

top 13 comments

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[–] Odys@beehaw.org 1 points 2 days ago

My banana is for sale as well. I'll throw in a whole roll of duct tape.

[–] riskable@programming.dev 21 points 5 days ago

For those that don't know, this is one popular way of laundering money.

The other is real estate (which is how Trump made his comeback from early business failures).

[–] Viri4thus@feddit.org 16 points 5 days ago

At this point the money laundering couldn't be more blatant...

[–] AllNewTypeFace@leminal.space 15 points 5 days ago (2 children)

You’re not paying for the original banana (well, you are, but you’ll have to replace it with a banana of your own sourcing every few days), and presumably the duct tape is ordinary as well, and there’s no special secret trick to correctly arranging it, so anyone reading this could perfectly recreate the artwork at home. You’re paying for the receipt certifying you to be the one person who paid for the concept. In other words, it’s like a NFT, only more ecologically sound.

[–] FaceDeer@fedia.io 4 points 5 days ago (2 children)

Ethereum, the blockchain that the vast majority of NFTs are based on, switched to proof-of-stake over two years ago. It doesn't use significant amounts of energy any more. So there isn't even the "more ecologically sound" distinction here.

[–] Cassa@lemmy.blahaj.zone 2 points 5 days ago (1 children)

Still an NFT though, a insignificant, worthless bit of code pointing to a "thing" you "own"

[–] FaceDeer@fedia.io 1 points 4 days ago

Yes, so? All I was disputing was the issue of whether they're "ecologically sound." They're fine now, they don't consume massive amounts of energy. Use them or ignore them as you wish.

[–] LostXOR@fedia.io 2 points 5 days ago (1 children)

There's still the cost associated with having your transaction stored forever on the blockchain across millions(?) of devices, but it's only a few dozen bytes so the impact isn't much.

[–] FaceDeer@fedia.io 3 points 5 days ago

Indeed. And there's a future update for Ethereum being worked on to implement a "state expiry" system, which means data wouldn't be stored forever unless you actually paid for it to be. I've been quite impressed with Ethereum's continued development over the years, in contrast to Bitcoin which basically ossified.

[–] Biggles@lemmy.myserv.one 1 points 5 days ago

It says at the end of the article someone took the original banana off the wall and ate it.

[–] TheButtonJustSpins@infosec.pub 13 points 5 days ago

How much could one banana cost, Michael? 6 million dollars?

[–] beefbot@lemmy.blahaj.zone 8 points 5 days ago

Saved you a click: This news article was indeed from Nov 20, 2024

[–] furrowsofar@beehaw.org 2 points 4 days ago

Great example that shows that some people clearly just have too much money.