Hello, this item is a large wooden carving of Budai, also known as the Laughing Buddha, standing 40 inches tall, 19 inches wide, and 12 inches thick. The carving depicts Budai with his characteristic joyful expression, rotund figure, and flowing robes, holding a large sack. Such works were often crafted in Bali for the tourist and export market during the 20th century, continuing a tradition of Asian devotional and decorative carvings. The workmanship appears detailed and careful, highlighting both symbolic and decorative purposes.

In terms of value, while this is not an antique piece, its large size, good condition, and craftsmanship make it desirable as a decorative Asian art object. Similar Balinese wood Budai carvings typically sell between 300 and 600 USD at auction or through dealers.