A controversial artwork titled “Comedian,” created by Italian artist Maurizio Cattelan, was auctioned at Sotheby’s in New York for $6.2 million on November 20, 2024. The piece, consisting of a banana duct-taped to a wall, was purchased by cryptocurrency entrepreneur Justin Sun. First introduced at Miami’s Art Basel in 2019, “Comedian” gained significant attention, sparking debates about the definition of art. Its original display attracted such large crowds that it had to be removed for safety concerns. The auction bidding began at $800,000 and escalated rapidly, surpassing the estimated high of $1.5 million. The final price included a buyer’s premium, with the winning bid placed by Sun over the phone. Payment was made using cryptocurrency, and the new owner assumes the responsibility of replacing the banana as it deteriorates.

Art experts and cultural commentators have described “Comedian” as both humorous and absurd, reflecting the extravagance of the contemporary art market. Sun, in a statement, emphasized that the artwork symbolizes a cultural phenomenon connecting art, internet memes, and cryptocurrency. He stated that the piece holds potential to inspire future discussions and cement its place in history. Similar to Cattelan’s previous provocative works, such as a golden toilet and a meteorite-struck pope sculpture, “Comedian” challenges traditional notions of artistic value. Analysts have compared its impact to Banksy’s “Girl with Balloon,” which famously shredded itself at a 2018 Sotheby’s auction. While the artwork has drawn admiration, it also highlights the intersection of art and commerce, leaving audiences divided on whether it exemplifies innovation or indulgence.