Tag Archive: charity auction
A Fool and His Money…
There was a time when a skateboard selling for $6,000 at auction would raise eyebrows. I’m not sure what to make of this insanity. The Tony Hawk’s 900 Collection bids closed at Julien’s Auction and some skateboards and related paraphernalia sold for some truly astounding numbers. So astounding that it makes you wonder if Julien’s is a real thing or not, but it is. The deck Tony Hawk landed his first 900 on sold for $1,152,000. That cannot be right. Is it right? How about 57k for a pair of sweaty kneepads? Some of this might make sense conceding the proceeds are going towards Tony’s charity, The Skatepark Project. My first thought was that somebody or some corporation bought these items at knowingly inflated prices with an eye towards deductions, but you can only deduct the amount you overpaid for the items, and the IRS bases this off the items value listed the auction catalog. In the case of the the 900 board, the estimated value was between $500,00-$700,000. That deduction could be worth less than half of what they paid. It’s also worth noting that the auction listings state that “a portion of the proceeds” will go to the…
Friday T&A: Bunnies
I can’t believe that senile old bastard still makes these gals wear those stupid bunny ears. It’s not sexy, it’s sad. Playboy hostied a benefit for the Design Industries Foundation Fighting AIDS (Diffa) That’s a Birdhouse / Playboy skateboard. [Source: BizBash] – Thanks to Eric Cherry for the tip.



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