Sport

Pair of Air Jordan sneakers sell for new world record-breaking sum

Pair of Air Jordan sneakers sell for new world record-breaking sum”

Michael Jordan's stock keeps soaring.

A pair of Michael Jordan game-worn shoes has just become the most expensive sneakers ever bought at auction.

With the renewed interest in all things Jordan, Geller took advantage and cleaned up on the shoes.

The pair of Air Jordan 1's in the "Chicago" colour scheme, the most emblematic model of its generation, easily surpassed Sotheby's pre-sale estimate of $100 000-$150 000. Bidders ranged from 19 to 50 years old, across four continents.

The sale breaks the world auction record for a pair of sneakers, set previous year by Sotheby's auction of the Nike "Moon Shoe" for $437,500. Both pairs of shoes were owned by collected Jordy Geller. "Wearing mismatched shoes most of his career, the pair is in a size 13 (left shoe) and a 13.5 (right shoe)".

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It also confirms that the lowly sneaker now has a place of pride in the world of wealthy collectors alongside more traditional collectibles.

Air Jordan jumped over the Moon. The record for the highest priced game-used Air Jordans were the Air Jordan XII's that Jordan wore during Game 5 of the 1997 NBA Finals.

The sneakers, owned by famed shoe collector Jordy Geller, broke the record of a pair of moon shoes, an original prototype of Nike's first shoes given to University of OR runners by Nike co-founder and OR coach Bill Bowerman.

As ESPN's documentary, "The Last Dance" continues to showcase National Basketball Association legend Michael Jordan and the historic run of the '90s Chicago Bulls, another piece of Jordan memorabilia has sold for a record-breaking amount of money.

According to Stockx, a website where people can buy and sell sneakers and streetwear, between January 1 and the premiere of the series on April 18, 217 pairs of the 2015 Air Jordan 1 "Chicago" retro trainer were sold for an average price of $925.



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