$6.2 Million for a Banana: Cattelan’s “Comedian” Art Sold to Crypto Entrepreneur

A banana duct-taped to a wall—a divisive piece of conceptual art by Italian artist Maurizio Cattelan—was auctioned for an astonishing $6.2 million in New York on Wednesday. The buyer, Justin Sun, a Chinese-born cryptocurrency entrepreneur and founder of the Tron exchange, described the piece as a “cultural phenomenon.”

The artwork, titled Comedian, first grabbed global attention at the Art Basel show in Miami Beach in 2019, sparking debates over its legitimacy as art. The banana’s original price tag of $120,000 has since skyrocketed, with Sun declaring, “This is not just an artwork. It represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.”

A Banana with a Certificate of Authenticity

Given the perishable nature of the banana, Sun has essentially purchased a certificate of authenticity and detailed instructions on how to replace the fruit. The duct tape and concept remain integral to its identity, making it more than just a physical object.

This sale marks the third iteration of Comedian. The first gained notoriety when performance artist David Datuna ate the banana at its Miami debut, calling it his contribution to the artwork. Sun has revealed his own plans to engage with the piece in a similar way. “In the coming days, I will personally eat the banana as part of this unique artistic experience,” he said, emphasizing its place in art history and popular culture.

The Sotheby’s auction featured seven bidders and smashed its $1–1.5 million guide price, signaling the art world’s ongoing fascination with Cattelan’s provocative work. According to Sotheby’s, the sale is more than a transaction; it’s a commentary on art, consumption, and the crossover between contemporary culture and finance.