Banana frenzy as crypto buyer coughs up US$6 million and vows to eat the artwork

Maurizio Cattelan’s artwork, featuring a real edible banana, has fetched a hefty price tag thanks to crypto billionaire Justin Sun.
Installation view of Maurizio Cattelan's 'Comedian', 2019, on display in NGV Triennial 2023. A single banana duct-taped to a white wall.

The auction of Italian artist Maurizio Cattelan’s Comedian (2019) has sent the art world into a frenzy.

The artwork – which comes in three editions featuring a banana, a roll of duct tape, a set of instructions on how to install the piece and a certificate of authenticity – hammered at US$5.2 million (nearly AU$8 million) at the Sotheby’s Contemporary Evening Auction in New York on 20 November. The price far exceeded its now relatively conservative estimate of US$1-1.5 million (AU$1.52-2.28 million).

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Celina Lei is ArtsHub's Content Manager. She has previously worked across global art hubs in Beijing, Hong Kong and New York in both the commercial art sector and art criticism. She took part in drafting NAVA’s revised Code of Practice - Art Fairs and was the project manager of ArtsHub’s diverse writers initiative, Amplify Collective. Celina is based in Naarm/Melbourne. Instagram @lleizy_