In July 2019, the paradigm for the most expensive sneakers ever sold shifted forever. That's when Sotheby's registered its first-ever sale of a pair of sports shoes at auction: vintage Nike “Moon Shoes” from 1972, which hammered for a record-setting $437,000—nearly triple the expected sale price of $150,000. Less than a year later, in May 2020, the auction house moved a pair of autographed Air Jordan 1s for an eye-watering $560,000, making it clear that this was not a one-off fluke. “Loco prices... Read this story
