Paulina Brandberg, Sweden’s minister for gender equality and work life, suffers from an intense phobia of bananas. Her aides meticulously check spaces for even the faintest hint of the fruit before she enters. If such precautions seem extreme, they are nothing compared to the spectacle that unfolded in the art world last week—a banana sold for $5.2 million at Sotheby’s New York.
This wasn’t an ordinary banana but a work of art titled Comedian by Maurizio Cattelan, the Italian artist known for his provocative pieces. Described by Cattelan as a “sincere commentary on what we value,” the artwork comprises a single banana affixed to a wall with duct tape. The sale, to crypto entrepreneur Justin Sun, has ignited conversations about art, excess, and the fleeting nature of value.
Sun, who paid four times the estimated price, called the piece a “cultural phenomenon.” Despite the banana’s inevitable decay, he remains unperturbed. For his millions, Sun receives the fruit, a roll of duct tape, instructions for installation, and, most importantly, a certificate of authenticity. The latter is the true repository of value, legitimizing the work as an official Cattelan creation. Without this document, a banana taped to a wall remains just that.
The art world is no stranger to provocations like Comedian. Marcel Duchamp’s Fountain, a porcelain urinal signed “R. Mutt,” disrupted the art establishment in 1917, challenging perceptions of what constitutes art. Similarly, Carl Andre’s Equivalent VIII, a minimalist arrangement of bricks acquired by the Tate for $6,000 in 1972, continues to provoke reactions decades later.
Yet Comedian seems to strike a different chord. The ephemeral nature of the work—highlighted when a performance artist ate the banana during its Miami debut—underscores its fragility. Sun, a billionaire in the volatile world of cryptocurrency, appears to embrace the impermanence, linking it to the virtual and speculative nature of his own industry.
Critics argue that the piece reflects a certain decadence and profligacy. “Cattelan’s message about value, the stuff of a quickly cobbled together student essay, was hardly sophisticated to begin with,” one observer noted. The exorbitant price paid for a disposable object has darkened the concept’s tone, transforming it from cheeky commentary to a grim mirror of excess.
Art, many believe, should aspire to something greater. When it fails to transcend, its worth, they argue, should remain in the realm of the ordinary—perhaps no more than the price of a banana.