A piece of conceptual art consisting of a simple banana, duct-taped to a wall, sold for $6.2 million at an auction Wednesday, with the winning bid coming from a prominent cryptocurrency entrepreneur.
The original mechatronic model of the alien from Steven Spielberg's 1982 classic E.T. the Extra-Terrestrial headlined a weekend auction of Hollywood artifacts.
The document last went up for auction in 1894. After the new auction was announced, the group that crowdfunded an attempt to buy a similar copy last year told NPR, "We're looking into it."
The basketball legend wore the jersey during the 1998 NBA finals, which would cap the Chicago Bulls' historic championship run in the 1990s. The sale price set a record for game-worn collectibles.
The $2,772,500 paid for the Apollo 11 Inflight Coverall Jacket is the highest for any American space-flown artifact sold at auction, according to Sotheby's, which handled the sale.
All of the other known Gorgosaurus skeletons are in museum collections, making this one the only specimen available for private ownership, Sotheby's said.
"Love is in the Bin" made history when it was created during a 2018 auction. The crowd back then was shocked when a shredder activated as soon as the sale was complete, partly shredding the piece.
Stanford's Paul Milgrom and Robert Wilson are honored for their "inventions of new auction formats." Auctions are now used to price Internet ads, wholesale electricity and fishing permits.