Five years after it sold for $120,000, Maurizio Cattelan’s conceptual banana artwork is expected to fetch a seven-figure sum at auction.
When a banana duct-taped to a wall sold for $120,000 in 2019, social media uproar and an age-old debate about the meaning of art ensued. But artist Maurizio Cattelan’s viral creation, titled “Comedian,” may yet prove a sound investment: On Friday, auction house Sotheby’s announced that one of the artwork’s three “editions” is going back on sale — this time with an estimate of $1 million to $1.5 million.
Two were bought by private collectors for $120,000, while the third was purchased for a higher sum, and was later donated to The Guggenheim museum in New York. Sotheby’s would not reveal the identity of the seller in November’s auction, but said the work’s current owner had acquired it from the collection of one of the original buyers. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary.
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