KAWS

[saL]

4ft seated companion on the Galerie Perrotin stand @ the International Fair of Contemprary Art:



via StreetArtNews

[rizza79]

must admit...that guy is pretty damn impressive. if only they weren't 120k

[lowpro]

Oct 20, 2011 12:01:14 GMT -8 rizza79 said:

must admit...that guy is pretty damn impressive. if only they weren't 120k

looks damn impressive, indeed..esp because these were actually cast in bronze this time, as opposed to the fiberglass 8 and 10 footers.

[rhinomilk]

via Kaws facebook: KAWS SNOOPY will release next week at OriginalFake and KAWSONE next week...

[svenman]

Oct 21, 2011 23:38:02 GMT -8 rhinomilk said:

via Kaws facebook: KAWS SNOOPY will release next week at OriginalFake and KAWSONE next week...

maybe a little predictable from me, but damn. thats bad.

[mancub]

I would have to agree with Sven....total miss.

[saL]

"On November 9th I will take part in a benefit auction organized and curated by Takashi Murakami. For this auction I made a painting titled "KAWSBOB ENTERS THE STRANGE FOREST"... If you are in NY please check out the preview at Gagosian Gallery on Madison ave from Oct.26th-28th. " Kaws

more info here >

[jB]

Quite like that, could Gagosian possibly be adding a new player to the roster?

He's certainly stepping up there with the big boys with this auction. I hope he gets a strong result for this tondo.

[saL]

Oct 25, 2011 8:21:22 GMT -8 jB said:

Quite like that

yup, it's actually first kawsbob image I like...

[juggernut3]

Oct 25, 2011 8:21:22 GMT -8 jB said:

Quite like that, could Gagosian possibly be adding a new player to the roster?

He's certainly stepping up there with the big boys with this auction. I hope he gets a strong result for this tondo.

I don't work for Gagosian, but I assume not. The reason this group charity auction is being exhibited, is because it's organized by Takashi Murakami a cornerstone "living" contemporary artist for Larry Gagosian.

The last "RED" charity blow out in 2008 was also exhibited at the Gagoian in NYC. In there was one of my favorite Banksy (keeping it spotless) and many other emerging notables, but of course he didn't join the Gagosian roster.

[jB]

Oct 25, 2011 14:56:28 GMT -8 juggernut3 said:

Oct 25, 2011 8:21:22 GMT -8 jB said:

Quite like that, could Gagosian possibly be adding a new player to the roster?

He's certainly stepping up there with the big boys with this auction. I hope he gets a strong result for this tondo.

I don't work for Gagosian, but I assume not. The reason this group charity auction is being exhibited, is because it's organized by Takashi Murakami a cornerstone "living" contemporary artist for Larry Gagosian.

The last "RED" charity blow out in 2008 was also exhibited at the Gagoian in NYC. In there was one of my favorite Banksy (keeping it spotless) and many other emerging notables, but of course he didn't join the Gagosian roster.

Ah I see, I remember that auction well, pre-sale was at Gagosian, however the sale with Sotheby's though. You're right, thanks for the insight.

[twocool4u1]

from ignoredprayers.blogspot.com

[saL]

just arrived to my email:

"The SNOOPY (KAWS VERSION) will be available tomorrow, Friday October 28th at noon EST on www.kawsone.com!"

[saL]

Kaws Hennessy bottle for Colette...edition of 213 (the house number of the store)



from november 21 at Colette store and online (50€)

[afroken]

With all the talk of Tauba Auerbach everyone seems to have missed this result:

www.christies.com/lotfinder/kaws-kawsbob-enters-the-strange-forest/5495738/lot/lot_details.aspx?from=searchresults&intObjectID=5495738&sid=0b413176-9c35-4579-851e-0ad9ce9a536a

That's pretty insane!

[rhinomilk]

Nov 9, 2011 13:29:38 GMT -8 afroken said:

With all the talk of Tauba Auerbach everyone seems to have missed this result:

www.christies.com/lotfinder/kaws-kawsbob-enters-the-strange-forest/5495738/lot/lot_details.aspx?from=searchresults&intObjectID=5495738&sid=0b413176-9c35-4579-851e-0ad9ce9a536a

That's pretty insane!

wowzers! that was a very low estimate though imo. wonder if murakami just bought it himself

[rizza79]

very high, but I don't think it means too much. obviously there was a ton of buying power at this auction and 148k of that is a tax write off.

definitely nice to see KAWS do well though.

[rhythmgtr5]

Nov 9, 2011 15:09:33 GMT -8 rizza79 said:

very high, but I don't think it means too much. obviously there was a ton of buying power at this auction and 148k of that is a tax write off.

definitely nice to see KAWS do well though.

Pardon my ignorance, but how does someone write off an art purchase?

[comiconart]

Agreed. And...Perrotin was bidding himself (up to $150k or so, from what I understand).

As for the write-off, this was a charity auction, so anything about primary gallery pricing (i.e., the estimate) is considered a donation and can be written off. Therefore, if you are wealthy enough to spend this kind of money, chances are pretty good that you are in the 50% tax bracket, and you will get half of every dollar back that you spend above the estimate.

[epicfai]

Nov 9, 2011 16:17:50 GMT -8 comiconart said:

Agreed. And...Perrotin was bidding himself (up to $150k or so, from what I understand).

As for the write-off, this was a charity auction, so anything about primary gallery pricing (i.e., the estimate) is considered a donation and can be written off. Therefore, if you are wealthy enough to spend this kind of money, chances are pretty good that you are in the 50% tax bracket, and you will get half of every dollar back that you spend above the estimate.

50%? there is no 50% bracket. top tax bracket is in the 30s these days and the truly wealthy - who derive a large percentage of their tax burden from capital gains - would be paying a substantially lower effective tax rate.

thats a pretty impressive result irregardless.

[lowpro]

Pretty predictable that there'd be fireworks due to tax sheltering benefits alone. But def thought it would easily achieve 100k, if not 150. Dude is savvy as hell for incorporating Murakami imagery. People can hate him for whatever reason they can justify. But you can't knock his business smarts. This wouldve been huge exposure to another collector pool even of he supplied one of his more current abstracted works. But if even a small fraction of Murakami collectors with silly money to drop are now tuned into his work that were unaware before, it'll only add fuel to the massive momentum he has already. That said, thing is ugly as fuck.

[epicfai]

Nov 9, 2011 16:49:48 GMT -8 lowpro said:

Pretty predictable that there'd be fireworks due to tax sheltering benefits alone. But def thought it would easily achieve 100k, if not 150. Dude is savvy as hell for incorporating Murakami imagery. People can hate him for whatever reason they can justify. But you can't knock his business smarts. This wouldve been huge exposure to another collector pool even of he supplied one of his more current abstracted works. But if even a small fraction of Murakami collectors with silly money to drop are now tuned into his work that were unaware before, it'll only add fuel to the massive momentum he has already. That said, thing is ugly as fuck.

this has got to be the post of the day, lol. totally agree, walt.

[sleepboy]

I kinda like the image actually. Pretty crazy results regardless of factors that make this a "special" auction.

[lowpro]

Here's a little more insight into the circumstances surrounding his record sale.

www.artinfo.com/news/story/749932/takashi-murakamis-charity-auction-at-christies-raises-a-heartwarming-9-million-for-japanese-earthquake-relief

[xpc]

I like it too. It's pretty iconic Murakami with a soon to be iconic Kaws mixed it. If I had the cash I'd have put a bid as lets face it, however you want to justify the price, the money has gone to a great cause so this can only be a good thing.