DALLAS, TX.- The largest collection of contemporary toys and urban art collectibles ever offered at auction more than doubled its pre-auction estimates with $174,000 in winning bids April 24 at
Heritage Auctions. Dedicated to toys and lifestyle collectibles, intense interest in early works by artist KAWS, rare BE@RBRICK designs and streetwear by Supreme sold for as much as five times expectations.
The sale was 100 percent sold by value an incredible result that proves Heritage is the No. 1 auction house for these rare collections," said Leon Benrimon, Director of Modern & Contemporary Art. We are aggressively growing this collecting area and are already in talks for another important collection to be offered later this year."
A Los Angeles-based collector with an affinity for toy collecting invested years into searching for the now-rarities offered in the sale. The collection offered rare items by kidrobot and BAPE, but works by artist Brian Donnelly (known professionally as KAWS) generated the strongest demand. A sleeper lot, Dissected Companion (Grey), 2006, a painted cast vinyl artwork, sold for $5,250 more than five times its estimate.
BBWW Tour 1000%, 2012, a rare KAWS X BE@RBRICK work created to celebrate the sixth anniversary of the OriginalFake x Medicom Toy collaboration, sold for $5,000. Companion, Five Years Later (Grey), 2004, from an edition of 500, also beat expectations to sell for $5,000.
The scarce Astro Boy-Kaws Version, 2012 an iconic representation of the artist's theme of interpreting pop culture icons sold for $4,500. An early piece from his Companion series titled Five Years Later (Brown), 2004, brought $4,250.
A large number of Supreme collectibles included the popular Supreme X The North Face Jacket, which sold for $1,062; Air Horn, ending at $400, and the 2008 Medicom Toy Kermit, featuring the Jim Henson character wearing a Box Tee, which sold for $750.
New young collectors are gravitating to street and urban art because it represents what we grew up with and our specific culture," Benrimon said.
Heritage Auctions' next Urban Art Internet Auction is June 2 and features monumental murals by Academy Award-nominated artist JR and RETNA, a Los Angeles street artist. Murals by Alec Monopoly, who recently completed collaborations with German fashion designer Philipp Plein, and FAILE, a Brooklyn-based artistic collaboration between Patrick McNeil and Patrick Miller, are also on offer.