Shoes
These Classic Nikes Simply Offered For Virtually $500,000
Stadium Items and Sotheby’s teamed up final week for the “Final Sneaker Assortment” public sale, a decades-spanning lineup of 100 of the rarest sneakers in existence. Days after the public sale was introduced, Canadian entrepreneur and investor Miles Nadal bought all however one shoe, dropping a complete of $850,000 on 99 of the 100 pairs. Left behind was a bit of footwear historical past: an unique Nike Moon Shoe from 1972.
Believed to be the one unworn pair in existence, the 1972 Moon Shoe is a real relic and options one in all Nike co-founder Invoice Bowerman’s most well-known improvements, the waffle sole. Previous to the public sale, Sotheby’s estimated that the classic sneakers would promote for someplace between $110,000 and $160,000—fairly the underestimation.
As we speak, the Moon Footwear offered for $437,500, greater than half of the grand complete dropped by Nadal to acquire the opposite 99 pairs of the “Final Sneaker Assortment.” The sneakers have been offered to Stadium Items and Sotheby’s by Shoezeum founder Jordan Geller, who says it is the costliest sneaker sale ever.