This is a Mr. Mxyzptlk statue released by DC Direct in 2001 in a limited edition of 1000. Designed by Dork artist Evan Dorkin and sculpted by Barsom, this statue stands about 6″ high with a translucent cloud seat and a base with a red and gold Superman emblem. It comes in a colorful, collector-friendly box, meaning he can be removed from the box without tearing it.
Notice the name of the sculptor on the back… I’m not sure I’ve seen that before on a DC Direct statue.
The statue is hand-numbered on the bottom. Mine is #494/1000, right in the middle of the run.
The statue also included this certificate of authenticity.
Mr. Mxy is one of those characters that doesn’t get a whole lot of respect largely because he’s portrayed as less threatening than irritating and his stories are largely whimsical, but this is a great rendition of an important Superman villain.