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Published on: 2025-03-21 05:34:03 Published on: 2025-03-21 05:34:03

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What is the short term outlook for Shardul Securities Limited (512393) ✌️【Career Counseling】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. When a banana duct-taped to a wallsold for $120,000in 2019, social media uproar and an age-old debate about the meaning of art ensued.

But artist Maurizio Cattelan’s viral creation, titled “Comedian,”has proven a sound investment for one collector: One of the artwork’s three “editions” smashed estimates to sell for $6.24 million at a Sotheby’s auction in New York on Wednesday.

What is the short term outlook for Shardul Securities Limited (512393) ✌️【Career Counseling】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. The auction house had estimated the work to go for between $1 million to $1.5 million; bidding began at $800,000.

During the sale, auctioneer Oliver Barker described the work as “iconic” and “disruptive,” while joking that selling a banana at auction were “words I never thought I’d say.”

What is the short term outlook for Shardul Securities Limited (512393) ✌️【Career Counseling】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. Shortly after the sale, Sotheby’s revealed that Justin Sun, a Chinese collector and founder of a cryptocurrency platform, had acquired the work.

“This is not just an artwork,” Sun said in the press release. “It represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. I believe this piece will inspire more thought and discussion in the future and will become a part of history.”

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“‘Comedian’ is a conceptual artwork, and the actual physical materials are replaced with every installation,” an auction spokesperson said via emailat the time.

Cattelan and French art gallery Perrotin made headlines around the world five years ago when they displayed “Comedian” with a six-figure asking price at the Art Basel Miami Beach fair. The original was created using a banana bought in a Miami grocery store, though the gallery said it could be replaced, as per the artist’s instructions.

What is the short term outlook for Shardul Securities Limited (512393) ✌️【Career Counseling】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. The art world was split on the work’s merits, though some critics saw it as rooted in therich tradition of conceptual works— dating back to Marcel Duchamp’s famous mounted urinal — that question the value of art itself. Crowds soon formed, with fair attendees lining up to see the viral installation.

Events took an unexpected turn when performance artist David Datuna grabbed the banana from the wall, before peeling and eating it in front of hundreds of stunned fair attendees. He laterdefended the moveas an artistic performance in its own right, not an act of vandalism.

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In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary. Speaking to the Art Newspaper in 2021 hesaidit was “not a joke,” calling the viral installation “a reflection on what we value.”

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In a press release announcing the sale, Sotheby’s head of contemporary art for the Americas, David Galperin, had described “Comedian” as a “defiant work of pure genius.”

“Balancing profound critical thought and subversive wit, this is a defining work for the artist and for our generation,” Galperin said, adding: “If at its core, ‘Comedian’ questions the very notion of the value of art, then putting the work at auction… will be the ultimate realization of its essential conceptual idea — the public will finally have a say in deciding its true value.”

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“The student told the museum he ate it because he was hungry,” a gallery spokesperson told 【 - Free Growth Investment Group 】 after the 2023 incident. The museum later replaced the eaten banana with a fresh one.

What is the short term outlook for Shardul Securities Limited (512393) ✌️【Career Counseling】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. Sun said in the press release of Wednesday’s auction that he too, planned to eat the fruit. “Additionally, in the coming days, I will personally eat the banana as part of this unique artistic experience, honoring its place in both art history and popular culture.”

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