Breaking the world auction record for sneakers, A pair of Michael Jordan‘s game-worn shoes from 1985 was sold for $560,000 on Sunday
According to auction house Sotheby’s, Ten bidders from across the globe competed for the basketball legend’s autographed Nike Air Jordan 1 shoes before the online auction closed at $560,000, breaking the world auction record for sneakers.
Sotheby’s said, Following a bidding war which drove the value up by US $300,000 within the final twenty minutes of the sale, the pair achieved more than 3.5x their $150,000 high estimate.
The bidders came from six countries across four continents, and the sale breaks the world auction record for a pair of sneakers, set last year by the Nike “Moon Shoe” for $437,500.
The Nike Air Jordan 1s were made exclusively for Jordan, and featured red laces instead of black and white.
The sale breaks the world auction record for a pair of sneakers, set last year by Sotheby’s auction of the Nike “Moon Shoe” for $437,500. The waffle-soled running shoes, one of 12 pairs ever made, were designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials.
“Jordan wore Air Jordan 1s until October 29, 1985, when he broke his foot and subsequently took off 64 games during his second season while healing,”
“shows not only the incredible appeal of Michael Jordan as one of the most recognizable and legendary athletes of all time, but also that sneaker collecting is truly a global and growing market.” Sotheby’s said.