KAWS 4XX,000
KAWS is releasing his 4 foot companion, made by Medicom Toys, this time in black. His gray version was limited to 100. Sold for $4,000 each and is sold out. Lets do the math…100 times 4,000 equals…. $400,000… In a matter of no time. Pretty, pretty, pretty good. Don’t miss out on this one, goes on sale at noon. Good luck? KAWSONE.com

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Our friend Marc Atlan just let us know that when he checked out Kaw’s site at 9:04AM (PST), only 4 minutes after the sale, they were already sold out. So essentially, KAWS made $400,000 in 4 minutes!
So essentially I have to post a comment, usually I just read and keep my comments to myself but as a director who works with a number of artists this does not at all stand true “Kaws made $400.000 in 4 minutes” The price includes shipping, transport and custom’s tariff into the states from the country of production / origin. The there is production / manufacturing cost’s etc.. not to mention the freight charges to mail each individual piece out to those who made a purchase in addition to the fact that kaws did not produce these by hand in his studio but through Medicom who also gets a piece of the pie. So to constantly see such statements is just foolish. I get it though – its rhetorical and not is meant to give you an idea but I would be very surprised if kaw’s see’s even a third of the overall sale’s figure;s after deducting all of the aforementioned.
Just my two cents
We totally understand your comment and knew that Medicom will keep most of the profits. It WAS a rhetorical comment with a lot of hyperbole. However, the fact that one’s art can gross $400,000 in less than 4 minutes is respectable and amazing! Even if KAWS made 20% of it, that’s still a handsome change in his pocket!