NEW YORK: A fresh banana taped to a wall — a provocative work of conceptual art by Italian artist Maurizio Cattelan — was bought for $6.2 million on Wednesday by a cryptocurrency entrepreneur at a New York auction, Sotheby’s announced in a statement.
The debut of the edible creation entitled “Comedian” at the Art Basel show in Miami Beach in 2019 sparked controversy and raised questions about whether it should be considered art — Cattelan’s stated aim.
Chinese-born crypto founder Justin Sun on Wednesday forked over more than six million for the fruit and its single strip of silver duct tape, which went on sale for 120,000 dollars five years ago.
“This is not just an artwork. It represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community,” Sun was quoted as saying in the Sotheby’s statement.
“I believe this piece will inspire more thought and discussion in the future and will become a part of history.”
The sale featured seven potential buyers and smashed expectations, with the auction house issuing a guide price of $1-1.5 million before the bidding.
Given the shelf life of a banana, Sun is essentially buying a certificate of authenticity that the work was created by Cattelan as well as instructions about how to replace the fruit when it goes bad.
The installation auctioned on Wednesday was the third iteration — with the first one eaten by performance artist David Datuna, who said he felt “hungry” while inspecting it at the Miami show.
Sun, who founded cryptomoney exchange Tron, said that he intended to eat his investment too.
“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,” he said.
As well as his banana work, Cattelan is also known for producing an 18-carat, fully functioning gold toilet called “America” that was offered to Donald Trump during his first term in the White House.
His work is often humorous and deliberately provocative, with a 1999 sculpture of the pope stuck by a meteor titled “The Ninth Hour.”
He has explained the banana work as a critical commentary on the art market, which he has criticized in the past for being speculative and failing to help artists.
The asking price of $120,000 for “Comedian” in 2019 was seen at the time as evidence that the market was “bananas” and the art world had “gone mad,” as The New York Post said in a front-page article.
The banana sold on Wednesday was bought for 35 cents from a Bangladeshi fruit seller on the Upper East Side of Manhattan, according to The New York Times.
Sun has hit headlines in the past as an art collector and as a major player in the murky cryptocurrency world.
He was charged last year by the US Securities and Exchange Commission for alleged market manipulation and unregistered sales of crypto assets, which he promoted with celebrity endorsements, including from Lindsay Lohan.
In 2021, he bought Alberto Giacometti’s “Le Nez” for $78.4 million, which was hailed by Sotheby’s at the time as signaling “an influx of younger, tech-savvy collectors.”
Global art markets have been dropping in value in recent years due to higher interest rates, as well as concern about geopolitical instability, experts say.
“Empire of Light” (“L’Empire des lumieres“), a painting by Rene Magritte, shattered an auction record for the surrealist artist on Tuesday, however, selling for more than $121 million at Christie’s in New York.
Banana taped to a wall sells for $6.2 million in New York
https://arab.news/brpg9
Banana taped to a wall sells for $6.2 million in New York
- Chinese-born crypto founder Justin Sun forks over more than six million for the fruit and its single strip of silver duct tape
- Given the shelf life of a banana, Sun is essentially buying a certificate of authenticity that the work was created by Maurizio Cattelan
In southeast Pakistan, Ramadan brings Hindus and Muslims closer
MITHI: Partab Shivani, a Hindu in Muslim-majority Pakistan, has fasted on and off during Ramadan for years, but this time is different as he practices abstinence for the entire holy month.
Every year, he and his friends in the southeastern city of Mithi arrange iftar, when Muslims break their daily fast, to foster peace and solidarity between the two religions.
“I believe we need to promote interfaith harmony. First, we are humans — religions came later,” Shivani, a 48-year-old social activist, told AFP, adding that he also reads the teachings of the Buddha.
“His message is about peace and ending war. Peace can spread through solidarity and by standing with one another. Distance only widens the gap between people,” he added.
Ninety-six percent of Pakistan’s 240 million people are Muslim. Just two percent are Hindu, most of them living in rural areas of Sindh province where Mithi is located.
In Mithi itself, most of the 60,000 inhabitants are Hindu.
Many of the city’s Hindus also observe Ramadan and iftar has become a social gathering where people from both faiths happily participate.
“This has been a wonderful tradition of ours for a very long time,” said Mir Muhammad Buledi, a 51-year-old Muslim friend who attended Shivani’s iftar gathering.
“It is a beautiful example of harmony between the two communities.”
Like brothers
Discrimination against minorities runs deep in Pakistan.
Following the end of British rule in South Asia in 1947, the subcontinent was partitioned into mainly Hindu India and Muslim-majority Pakistan.
That triggered widespread religious bloodshed in which hundreds of thousands were killed and millions displaced.
According to the Human Rights Commission of Pakistan, freedom of religion or belief is under constant threat, with religiously motivated violence and discrimination increasing yearly.
State authorities, often using religious unrest for political gain, have failed to address the crisis, the independent non-profit says.
But such tensions are absent in Mithi.
“I am a Hindu but I keep all the fasts during this month,” said Sushil Malani, a local politician. “I feel happy standing with my Muslim brothers.
“We celebrate Eid together as well. This tradition in the region is very old.”
Restaurants and tea stalls are closed across Pakistan during Ramadan.
Ramesh Kumar, a 52-year-old Hindu man who sells sweets and savoury items outside a Muslim shrine, keeps his push cart covered and closed until iftar.
“There is no discrimination among us if someone is Muslim or Hindu. I have been seeing this since my childhood that we all live together like brothers,” he said.
Muslim shrine, Hindu caretaker
Locals say Mithi’s peaceful religious coexistence can be traced to its remote location, emerging from the sand dunes of the Tharparkar desert, which borders the modern Indian state of Rajasthan.
Cows — considered sacred in Hinduism — roam freely in Mithi city, as they do in neighboring India.
At two Sufi Muslim shrines in the middle of the city, Hindu families arrange meals, bringing fruit, meals and juices for their Muslim neighbors to break their fasts.
“We respect Muslims,” said Mohan Lal Malhi, a Hindu caretaker of one of the shrines.
Mohan said his parents and elders taught him to respect people regardless of religion or color, and the traditions pass from one generation to the next.
Local residents said both communities consider their social relationships more important than their religious identity.
“You will see a (Sikh) gurdwara, a mosque, and a shrine standing side by side here,” Mohan said. “The atmosphere of this area teaches humanity.”
