- Solar mentioned the banana would “encourage extra thought and dialogue sooner or later”
- Bidding began at $800,000 earlier than leaping into the hundreds of thousands
- Solar's profitable bid was $5.2 million plus $1 million in Sotheby's charges
Justin Solar paid $6.24 million for a banana caught to a wall at an public sale in New York, saying it “represents a cultural phenomenon that unites the worlds of artwork, memes and the cryptocurrency group.”
Solar, founding father of Tron, advised X: “I consider this piece will encourage extra thought and dialogue sooner or later and grow to be a part of historical past. I’m honored to be the proud proprietor of the banana and look ahead to it sparking additional inspiration and affect on artwork fans around the globe.”
Solar mentioned he would “personally eat a banana” within the subsequent few days.
I’m comfortable to announce that I purchased a banana🍌 !!! @SpaceX @Sothebys I'm Justin Solar and I'm excited to share that I've efficiently acquired Maurizio Cattelan's iconic work, The Comic, for $6.2 million. This isn’t only a murals; represents a cultural phenomenon… pic.twitter.com/lAj1RE6y0C
— ON Justin Solar 🍌 (@justinsuntron) November 21, 2024
The paintings is “The Comic” by Maurizio Catteland and it's only a banana taped to the wall.
Sotheby's, which ran the public sale, began bidding at $800,000 earlier than leaping into the hundreds of thousands. At one stage the auctioneer mentioned: “These are the phrases I believed I'd by no means say, $5 million for a banana,” shortly adopted by “don't let it go.”
In additional than six minutes of bidding, Sotheby's vice chairman and Sotheby's China chairman, Jen Hua, positioned the profitable bid at $5.2 million, plus $1 million in Sotheby's charges. Earlier than the public sale, Sotheby's estimated it will promote for between $1 million and $1.5 million.
Solar will obtain a certificates of authenticity signed by the artist.
The banana sale comes at a time when the crypto market is experiencing a surge in worth. Yesterday, Bitcoin breached the $94,000 mark and continued its upward trajectory to above $97,800 within the early morning hours.
