Art world reacts to $6 million banana artwork 'Comedian' as market struggles to recover

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

News News

Business Business Latest News,Business Business Headlines

Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.

For most art-world buyers, a work unsubtly called “Comedian” lacked a certain a-peel. It’s little wonder: “Comedian” is actually just a banana duct-taped to a wall. Created by Italian artist Maurizio Cattelan, the piece debuted at the 2019 Art Basel fair in Miami, where it caused a sensation but also earned as many chuckles as critical plaudits. But on Wednesday, Cattelan got the last laugh as “Comedian” sold for $6.24 million, including $1 million in fees.

“It’s about holding a mirror up to the art market, while channeling a legacy of conceptual art going back to Duchamp,” Glauber said, referring to artist Marcel Duchamp, whose submission of a urinal he dubbed “Fountain” to an art exhibition in 1917 is considered a foundational moment in conceptual art. “So in a way this work is self-reflexive — and the more it sold for, the more it proved its own concept.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines