Cryptocurrency entrepreneur Justin Sun purchased Maurizio Cattelan's viral artwork "Comedian" for $6.2 million at a Sotheby's auction in New York City. The artwork features a banana duct-taped to a wall. Sun paid for the piece using cryptocurrency and plans to eat the banana as part of what he described as a unique artistic experience. The purchase includes duct tape, installation instructions, and a certificate of authenticity that allows the buyer to recreate the artwork. Sotheby’s stated the certificate determines the value by confirming the recreated piece as Cattelan's original work.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Cryptocurrency entrepreneur Justin Sun purchased Maurizio Catalan's viral artwork, Comedian,
00:08for $6.2 million at a Sotheby's auction in New York City.
00:12The artwork features a banana duct tape to a wall.
00:14Sun paid for the piece using cryptocurrency and plans to eat the banana as part of what
00:18he described as a unique artistic experience.
00:21The purchase includes duct tape, installation instructions, and a certificate of authenticity
00:26that allows the buyer to recreate the artwork.
00:28Sotheby's stated the certificate determines the value by confirming the recreated piece
00:32as Catalan's original work.
00:34For all things money, visit Benzinga.com slash GSTV.