Proving once again that have loads of money doesn't mean one has good taste, these limited edition clown furniture went for $700,000 at auction. There were five pieces commissioned by Murray Moss.
To me, it looks like the new owner has a bozo head and a place to do a pie throw. Actually, the head is a pop-up, and the hole is supposed to represent a bomb blast.
Implications - While many luxury products may present themselves as futile for certain lifestyles, clients with disposable income are likely to find them appealing. Businesses that can create a wide range of unusual luxury items to maintain lavish lifestyles for these individuals will benefit in significant ways.
$700,000 Bozo Head
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