If there is one dominant quality that defines postmodernism in contemporary Iranian art and makes this art distinct from Iranian modernism, it is the attribute of fantastic as banal and banal as fantastic. During the last three decades, Iranian artists have gravitated more radically toward the representations of the banal as fantastic and vice versa. The fantastic as banal is, in one regard, a sign of knowledge as illusion. It is also a sign of ontological multiplicity and the absence of a metaphysical center. These work to reflect a universe of infinite interpretations and of multitudinous readings as they render reality as hyperreal and a construct of fantasy and imagination.