Michael Jordan rookie sneakers sell for $152,500 at kicks-only auction

📆 13/05/2021 10:10 am
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Seen as a niche interest 10 years ago, sneakers are now one of the fastest-growing markets at auctions.

A pair of basketball legend Michael Jordan's famous Air Jordans from his rookie season sold at auction for $152,500 on Wednesday, the star item in Sotheby's first international dedicated sneaker sale.

They went on show beforehand in Geneva and took their place alongside standout jewels, watches and handbags from Sotheby's Luxury Week of sales in the lakeside Swiss city.Nike Air Jordan 1s "not only changed basketball footwear forever but are also considered foundational to the development of sneaker culture", Sotheby's said.

"The Air Jordan 1s are one of the grails," Josh Pullan, managing director of Sotheby's global luxury division, told AFP. Last month, Sotheby's sold a pair of Nike Air Yeezy 1s worn by rapper Kanye West for $1.8 million, triple the previous record for sneakers.

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