- Solar mentioned the banana would “encourage extra pondering and dialogue sooner or later.”
- Bidding began at $800,000 earlier than climbing into the tens of millions.
- Solar's profitable bid was $5.2 million plus a $1 million Sotheby payment
Justin Solar paid $6.24 million for a banana caught on a wall at an public sale in New York, saying it “represents a cultural phenomenon that bridges the worlds of artwork, memes and the cryptocurrency neighborhood.
Talking to I'm honored to be the fortunate proprietor of the banana and may't look forward to it to spark extra inspiration and influence for artwork lovers world wide.
Solar mentioned he would “personally eat the banana” within the coming days.
I'm delighted to announce that I purchased the banana🍌!!! @SpaceX @Sothebys My title is Justin Solar and I’m delighted to announce that I’ve efficiently acquired Maurizio Cattelan's iconic work, Comic, for $6.2 million. It's not only a murals; it represents a cultural phenomenon… pic.twitter.com/lAj1RE6y0C
– HE Justin Solar 🍌 (@justinsuntron) November 21, 2024
The work is Maurizio Catteland's “Comic” and easily depicts a banana caught to a wall with masking tape.
Sotheby's, which organized the public sale, began bidding at $800,000 earlier than going for the million. At one level the auctioneer mentioned, “These are phrases I assumed I'd by no means say, $5 million for a banana,” adopted shortly after by “don't let it slip away.”
Throughout greater than six minutes of bidding, Sotheby's vp and president of Sotheby's China Jen Hua positioned the profitable bid of $5.2 million plus $1 million in Sotheby's charges. Earlier than the public sale, Sotheby's estimated the product would promote for between $1 million and $1.5 million.
Solar will obtain a certificates of authenticity signed by the artist.
The banana sale comes because the crypto market sees a surge in worth. Yesterday, Bitcoin broke the $94,000 barrier, persevering with its upward trajectory to over $97,800 within the early hours of this morning.
