Michael Jordan's trainers sell for record $1.47m at auction

The shooting guard, who spent most of his career with the Chicago Bulls, became a global icon and helped raise the NBA's profile around the world.Image caption,"This record-breaking result for the Jordan Nike Air Ships affirms the place of Michael Jordan and the Air Jordan franchise at the pinnacle of the sneaker market," said Sotheby's Brahm Wachter after Sunday's auction in Las Vegas.Before the auction, they had been estimated to sell for between $1m and $1.5m.

They are, however, not the most expensive trainers ever sold. That record belongs to the rapper Kanye West, whose Nike Air Yeezy 1 Prototypes fetched $1.8m via a private sale in April. The record price for trainers has been broken several times in recent years, and the market now attracts interest from general buyers as well as leading collectors.

La gente y sus objetos

Obscene waste of money.

A perverse idea of value

As sovereign backed currencies backed by nothing but faith trend to zero, the wealthy will look to any finite asset to secure value. This is what happens when a government inflated its money supply. Inflation is a monetary phenomenon and is NOT natural.

What a sad pathetic world we live in at times

🤦🏻‍♀️

Wow. Great

Are they smelling?

Can you believe that? Millions on shoes you can't wear. Children dying of hunger, and you just do it don't care. This 🌎 is messed up; I swear🤬

Fools and their monies easily parted

I have a few old pairs of trainers, if anyone is interested. Shall we open bids at, say, £500K?

thanks

My old shoes are also for sale if anyone wants to chuck a mil or two my way....

btc

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