$120.000 Banana.

Jimmy Garlic

A banana has sold for 120 grand. Definitive proof that modern art is a money laundering operation imo...

https://www.cbsnews.com/amp/news/art-basel-banana-duct-taped-to-wall-sells-for-120000-miami-beach-2019-12-06/

tabby aspreme

Did he ate it skin and all, or was it wearing pajamas

Harry Palmr

Sure Andy Warhol's banana feltched a nearly 100k and that wasn't even a real fruit.

BDI

Harry Palmr wrote: »

Sure Andy Warhol's banana feltched a nearly 100k and that wasn't even a real fruit.

I always though Andy Warhol was a real...........


I can’t understand the art or what the product is they buy for 120000 but let them at it I suppose.

Quantum Erasure

This Shít Is Bananas...

Still Ill

Quantum Erasure wrote: »

This Shít Is Bananas...

B A N A N A S

looksee

A fool and his money are soon parted. Obviously whoever bought them (there were three versions) had money to spare so its just being circulated a bit. No harm.

Potential-Monke

Thanks! I did need a quick reminder as to why I don't understand some 'art'. WTactualF?

Your Face

Theres no craft in artistic expression anymore.

Westernyelp

looksee wrote:

A fool and his money are soon parted. Obviously whoever bought them (there were three versions) had money to spare so its just being circulated a bit. No harm.

How would the s fool get the money in the first place? Asking for a friend.

Potential-Monke

Westernyelp wrote: »

How would the s fool get the money in the first place? Asking for a friend.

Born into it

LaFuton

*gone floggin banana art at the dalkey poser farmer market

Widdershins

What happens when it rots? Or did the 'artist' preserve it in glycerine or something?

How did they relocate this work of art? Unpeel, transport and tape it up in its new home?

Reminds of the €120 plank of wood in Dunnes.

W1sh I had the brass neck to charge like that for my work!

It's been eaten already.

Obvious Desperate Breakfasts

What makes it money-laundering?

Widdershins

They bought and ate it. Had to be some kind of fetish.

Salary Negotiator

Widdershins wrote: »

What happens when it rots? Or did the 'artist' preserve it in glycerine or something?

How did they relocate this work of art? Unpeel, transport and tape it up in its new home?

Reminds of the €120 plank of wood in Dunnes.

W1sh I had the brass neck to charge like that for my work!

The banana can and has been replaced without affecting the "originalness"of the work according to something I read last night, think it was the BBC.

Not sure if this was decided before or after yer man ate the original banana and the artist had to come up with something to still get his money.

El Tarangu

looksee wrote: »

A fool and his money are soon parted. Obviously whoever bought them (there were three versions) had money to spare so its just being circulated a bit. No harm.

Fair play to him - if someone can convince people to pay him $120k for 2 mins work and 30c worth of materials, more power to him

Deleted User wrote: »

It's been eaten already.

I look forward to the follow up, when he poops the banana out and sells that for $150k.

Sabre0001

There's always money in the banana stand

Woke Hogan

Obvious Desperate Breakfasts wrote: »

What makes it money-laundering?

There's a website called Reddit where every time expensive art is discussed people will claim that it's all a front for money laundering by the millionaire classes. This will be repeated as "fact" ad infinitum across many other different websites, even though the commentator doesn't have either a shred of evidence or a clue about what they're talking about.

Peatys

Things Boards doesn't understand. Monday Edition

Obvious Desperate Breakfasts

Woke Hogan wrote: »

There's a website called Reddit where every time expensive art is discussed people will claim that it's all a front for money laundering by the millionaire classes. This will be repeated as "fact" ad infinitum across many other different websites, even though the commentator doesn't have either a shred of evidence or a clue about what they're talking about.

Pretty high profile for a money-laundering operation.

Greyfox

Awful sh**e like this is why most sensible people think art is very overratted

Woke Hogan

Obvious Desperate Breakfasts wrote: »

Pretty high profile for a money-laundering operation.

You're right. That won't stop the barstool experts on the internet though.

Jimmy Garlic

Woke Hogan wrote: »

You're right. That won't stop the barstool experts on the internet though.

The art trade has been used to launder money for decades. There are lots cases that have come before the courts in several countries.

riffmongous

Sounds mad but 120k is probably pennies to some people

Immortal Starlight

Definitely a case of The Emperor's New Clothes. Are these people actually crazy. The most stupid news I'v heard all year.

i mean, it's one banana, michael. how much could it cost?

Hector Savage

When they sold cans of human **** for ~70K USD I knew the whole "modern art" thing was an absolute load of bollocks.

Tossers **** each other off pretending to look smart...

Wibbs

Jimmy Garlic wrote: »

The art trade has been used to launder money for decades. There are lots cases that have come before the courts in several countries.

Indeed. Ditto for the antiques and antiquities trade. It's a substantial enough part of the business(along with fakery) and well known within the trade(I know/have known a couple of fine art dealers). It rarely involves high profile stuff for obvious reasons, but even there it can happen. It's a very handy and often "tax free" way to move money around. It's also a good way to hide ill gotten gains. EG if I have to clean some money and buy an antique or minor, but agreed value work of art I can easily claim to have inherited it or "just had it laying around your honour". Brand new gold plated Ferraris are harder to explain Any biz with that kind of high value stock with pretty solid investment potential tends to attract the dodgier end.

Modern "art" like this example though wouldn't be in play. It's more in the older mid range and more permanent agreed artistic/monetary value under the radar stuff. Same goes for fakery. Trying to flog a Picasso say attracts a lot of attention, but a "minor" fauvist say is a much safer bet. This banana level stuff is more about willie waving for very wealthy people, or dealers claiming certain "values" hoping to push prices up for a particular artist, or yep eejits with more money than sense.

As for its artistic value? Much of modern art, or at least the dafter stuff that makes the papers is just channelling Duchamp without the historical context within art history, for the real want of better ideas on the part of the "artist" and that it's daftly easier to do. It was evocative and interesting and questioned the philosophy of viewing and value when Duchamp and others did it first, but nowadays nearly a century on it's decidedly old hat and unimaginative.

conorhal

Dadaism was a mistake.

astrofool

Sabre0001 wrote: »

There's always money IN the banana stand

FYP

beejee

As wines said above, it's a very nice form of tax evasion.

It's a three-tier system.

There are the "artists" who probably believe they're doing something magical.

Next, the gathering of looney tunes who praise the artists to the roof. The kind of people who believe wearing a bin bag is haute culture, but can't possibly recreate such lightning-in-a-bottle as a banana cellotaped to a wall.

At the top are the actual buyers, who more than likely laugh at the two levels below while writing off another tax bill.

Wibbs

conorhal wrote: »

Dadaism was a mistake.

I think the mistake wasn't Dada, but the constant copying of it since. Like I say it's easy. Can have some shock value too. Handy for column inches and raising profiles.

Ipso

beejee wrote: »

As wines said above, it's a very nice form of tax evasion.

It's a three-tier system.

There are the "artists" who probably believe they're doing something magical.

Next, the gathering of looney tunes who praise the artists to the roof. The kind of people who believe wearing a bin bag is haute culture, but can't possibly recreate such lightning-in-a-bottle as a banana cellotaped to a wall.

At the top are the actual buyers, who more than likely laugh at the two levels below while writing off another tax bill.

If they spend 120k on some fruit, how much tax do they get to write off?

beejee

Ipso wrote: »

If they spend 120k on some fruit, how much tax do they get to write off?

40 cent

Quantum Erasure

something something smuggling garlic...

BattleCorp

It's just rich people showing off. They can show off their money by buying sh1te like this and have something to talk about under the pretense of it being art...........but it's really telling people 'I'm rich'.

Bob Harris

riffmongous wrote: »

Sounds mad but 120k is probably pennies to some people

About 12,000,000 pennies.

Quantum Erasure

https://nypost.com/2019/12/09/banana-wall-vandalized-with-jeffrey-epstein-theory-at-art-basel/

The wall that featured the $120,000 duct-taped banana — before the fruit was gobbled up by a performance artist — was vandalized with the misspelled message, “Epstien didn’t kill himself.”

“My name is ‘Epstein didn’t kill himself’ Webber,” he told the crowd that gathered around him as he said he was “just doing a little art.”

“It wasn’t vandalism, it’s art,” he repeatedly told security as he was being kicked out, video he posted on Facebook showed. He also said the gallery “invited” such performance art by setting a “precedent” with the banana display.