A pair of game-worn Michael Jordan shoes just shattered the record for
most expensive sneakers ever sold at auction—which is particularly
appropriate given that he was wearing them when he shattered a backboard
in 1985. (In fact, they still have a piece of glass lodged in the
sole.)To get more news about
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Estimated to go for between $650,000 and $850,000, the black, white, and
red Air Jordan 1’s sold for $615,000 at Christie’s Original Air online
sale last Thursday. They were worn by Jordan during an exhibition game
held in Trieste, Italy, in the summer of 1985. They didn’t carry a
guarantee.
“This sale once again confirms that sneakers are cultural artifacts and
deserve to be listed alongside other luxury items in the collectibles
marketplace,” said John McPheters, co-CEO of Stadium Goods, which
partnered with Christie’s for the sale, in a statement.
Up until now, Christie’s biggest rival, Sotheby’s, had seemingly
cornered the shoe game. Sotheby’s hosted its first dedicated sneaker
auction in July 2019, and was responsible for setting the previous
single lot record when it sold another pair of ‘85 Air Jordans for
$560,000—more than three times the kicks’ high estimate—in May.
Now, it seems as if other auction houses have caught on to the potential of this new territory.
Indeed, Christie’s first foray into sneaker auctions proved to be a hit,
bringing in $931,875 in total, with only two of the 11 lots failing to
find a buyer. Perhaps more important to the auction house, though, was
the fact that more than 70 percent of registered bidders were new to the
auction house.
Caitlin Donovan, Christie’s head of sale and vice president of handbags
and accessories, noted the amount of attention the sale garnered online,
explaining that it was “among the highest attended online events
Christie’s has hosted since lockdown.”This highly-curated sale marks
Christie’s entry into a new collecting category that merges sports’
history, art, fashion, and contemporary lifestyle,” Donovan said in a
statement. “What’s special about this collecting area is that it appeals
to a multitude of audiences, seasoned Christie’s clients and new and
emerging collectors alike, with these objects viewed all at once as a
luxury item, piece of art, and part of pop-culture and sports’ history.”
Other highlights from the “Original Air” sale include a pair of the Air
Jordan 7s that Jordan wore during the gold medal game of the 1992 “Dream
Team” Olympics, which brought in $112,500; and a pair of 1985 Air
Jordan 1 TYPS, which took in an additional $62,500.
The Wall