Connect with us

Lifestyle

A duct-taped banana sells for $6.2 million at an art auction

Published

on

A duct-taped banana sells for .2 million at an art auction

A woman looks at artist Maurizio Cattelan’s piece of art Comedian during an auction preview at Sotheby’s in New York on Nov. 11, 2024.

Eduardo Munoz Alvarez/AP


hide caption

toggle caption

Advertisement

Eduardo Munoz Alvarez/AP

NEW YORK — A piece of conceptual art consisting of a simple banana, duct-taped to a wall, sold for $6.2 million at an auction in New York on Wednesday, with the winning bid coming from a prominent cryptocurrency entrepreneur.

Comedian, by Italian artist Maurizio Cattelan, was a phenomenon when it debuted in 2019 at Art Basel Miami Beach, as festival-goers tried to make out whether the single yellow piece of fruit affixed to a white wall with silver duct tape was a joke or cheeky commentary on questionable standards among art collectors. At one point, another artist took the banana off the wall and ate it.

The piece attracted so much attention that it had to be withdrawn from view. But three editions sold for between $120,000 and $150,000, according to the gallery handling sales at the time.

Advertisement

Five years later, Justin Sun, founder of cryptocurrency platform TRON, has now paid more than 40 times that higher price point at the Sotheby’s auction. Or, more accurately, Sun purchased a certificate of authenticity that gives him the authority to duct-tape a banana to a wall and call it Comedian.

The piece attracted heavy attention at the busy auction at Sotheby’s, with attendees in the crowded room holding up phones to take photos as two handlers wearing white gloves stood at both sides of the banana.

Bidding started at $800,000 and within minutes shot up to $2 million, then $3 million, then $4 million, and higher, as the auctioneer, Oliver Barker, joked “Don’t let it slip away.”

“Don’t miss this opportunity,” Barker said. “These are words I’ve never thought I’d say: Five million dollars for a banana.”

Advertisement

The final hammer price announced in the room was $5.2 million, which didn’t include the about $1 million in auction house fees, paid by the buyer.

In a statement, Sun said the piece “represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” But he said the latest version of Comedian won’t last long.

“Additionally, in the coming days, I will personally eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture,” Sun said.

Sotheby’s calls Cattelan “among Contemporary Art’s most brilliant provocateurs.”

“He has persistently disrupted the art world’s status quo in meaningful, irreverent, and often controversial ways,” the auction house said in a description of Comedian.

Advertisement

The sale came a day after a painting by the Belgian surrealist René Magritte sold for $121.2 million, a record for the artist, at a separate auction.

The Empire of Light, an eerie nighttime streetscape below a pale blue daytime sky, sold Tuesday as part of Christie’s sale of the collection of interior designer Mica Ertegun, who died last year at age 97.

The sale lifts Magritte into the ranks of artists whose works have gone for more than $100 million at auction. Magritte is the 16th member of the club, which also includes Leonardo da Vinci, Pablo Picasso and Andy Warhol, according to the market analyst firm Artprice.

The Empire of Light, executed in 1954, was one of 17 versions of the same scene that Magritte painted in oil. Marc Porter, chairman of Christie’s Americas, called the sale “a historic moment in our sale room.”

The $121.2 million price included the auction house’s fees. The buyer was a telephone bidder whose identity was not disclosed.

Advertisement

Lifestyle

Sunday Puzzle: Double take, famous names with repeated letters

Published

on

Sunday Puzzle: Double take, famous names with repeated letters

Sunday Puzzle

NPR


hide caption

toggle caption

Advertisement

NPR

On-air challenge: Every answer today is the name of a famous person in which the first two letters of the first name are the same as the last two letters of the last name. I’ll give you the repeated letters and categories of the people. You tell me who they are.
 

Ex. GE, Oscar winner for Best Actress  –>  Geraldine Page (winner for the 1985 movie “The Trip to Bountiful”)

  1. RO, Oscar winner for Best Actor (in “Raging Bull”)
  2. SA, Seven-time M.L.B. All-Star (primarily with the Chicago Cubs)
  3. EL, Writer and Peace Nobelist (author of “Night” and other works on the Holocaust)
  4. MA, Former White House daughter
  5. AN, Woman who taught Helen Keller
  6. [one name:] BA, queen consort in the Bible (wife of David, mother of Solomon)
  7. LO, Comic actor of old Hollywood (partner of Bud Abbott)

Last week’s challenge: Last week’s challenge comes from listener Michael Schwartz, of Florence, Ore. Think of a classic American author, whose first and last names are each one syllable. The last name, when said aloud, sounds like part of the body. Insert the letters AS into the first name, and you’ll get the location of this body part. Who is the author?

Challenge answer: Bret Harte (breast, heart)

Advertisement

Winner: Stan Durey of Anacortes, Washington

This week’s challenge:  This week’s challenge comes from listener Greg VanMechelen, of  Berkeley, Calif. Name a state capital. Inside it in consecutive letters is the first name of a popular TV character of the past. Remove that name, and the remaining letters in order will spell the first name of a popular TV game show host of the past.  What is the capital and what are the names?

Submit Your Answer

If you know the answer to the challenge, submit it here by Wednesday, November 27th, 2024 at 3 p.m. ET. Listeners whose answers are selected win a chance to play the on-air puzzle. Important: include a phone number where we can reach you.

Advertisement
Continue Reading

Lifestyle

Robert Vito Won't Be Charged With Felony in L.A. Domestic Violence Case

Published

on

Robert Vito Won't Be Charged With Felony in L.A. Domestic Violence Case

Continue Reading

Lifestyle

Trump taps Brooke Rollins of America First Policy Institute for agriculture secretary

Published

on

Trump taps Brooke Rollins of America First Policy Institute for agriculture secretary

Brooke Rollins, president and CEO of America First Policy Institute, introduces former President Donald Trump during a press conference in July 2021 in Bedminster, N.J.

Michael M. Santiago/Getty Images


hide caption

toggle caption

Advertisement

Michael M. Santiago/Getty Images

President-elect Donald Trump has tapped Brooke Rollins, president and CEO of the America First Policy Institute, to oversee the Department of Agriculture, one of the most sprawling federal agencies. 

Rollins was previously the director of the Domestic Policy Council during the first Trump administration. She has a long history in conservative politics, including also running the Texas Public Policy Foundation.

Originally from Texas, she graduated from Texas A&M University with a degree in agricultural development. She then got her law degree at the University of Texas school of Law.

Advertisement

During the first Trump administration, Rollins also served as assistant to the president for intergovernmental and technology initiatives. After leaving the White House, Rollins was among a group of senior advisers to create the new nonprofit group aimed at promoting Trump’s policies.  

As the new head of USDA she would oversee nearly 100,000 employees, and would oversee the Supplemental Nutrition Assistance Program, which makes up over half of its nutrition budget, as well as the Supplemental Nutrition Program for Women, Infants, and Children (WIC) and school meal regulation. She would be the second woman to lead the department, following Ann Veneman who served under President George W. Bush.

The department could be at the front lines of Trump’s efforts to trim what he calls the “deep state” of federal bureaucracy and his efforts to implement tariffs on foreign goods — though it also provides crucial assistance to farmers and rural areas.

The department distributes agricultural subsidies and is the first stop for farmers to receive financial assistance for their operations. USDA is also the only agency with a rural development branch that distributes federal broadband, housing and utilities programs to rural communities.

The first Trump administration had to address the consequences of Trump’s trade war with China and others, which resulted in retaliatory tariffs on U.S. agricultural products leading to decreased farmer profits. The federal government did step in with some assistance to boost incomes due to the trade war, and then the COVID-19 pandemic.

Advertisement

It is possible Trump could also sign a second farm bill into law, a potentially trillion-dollar bill reauthorized every five years to provide farmer safety nets, programing, rural development and government nutrition assistance. The last farm bill was signed by Trump in 2018 and Congress has since failed to reauthorize it.

SNAP is estimated to serve 42 million participants each month with food benefits, and WIC serves about 40% of all infants in the United States. Making changes to the safety-net programs has been one of the sticking points for the legislation, in addition to its funds for conservation programs.

Continue Reading
Advertisement

Trending