A pair of Michael Jordan’s game-worn autographed shoe from 1985 was auctioned for USD560,000 last Sunday, said Sotheby in a press statement.
“Sotheby’s is pleased to announce that Michael Jordan’s Game-Worn Autographed Nike Air Jordan 1s from 1985 sold for $560,000 this afternoon in an online auction – the new world auction record for any pair of sneakers,” said the auction company that’s been selling and “uniting collectors with world-class works of art” since 1744.
This new record has surpassed the previous record set at Sotheby’s for the Nike 1972 Nike Waffle Racing Flat ‘Moon Shoe’ sold for $437,500 in July 2019.
The Nike Air Jordan 1s started with the value up by $300,000 and “within the final twenty minutes of the sale, the pair achieved more than 3.5x their $150,000 high estimate.”
Bidders ranging from age 19 to 50+ participated across 4 continents, with seven percent (70%) are new bidders, said Sotheby’s.
“The pair was sold coinciding with the final episode of the popular ESPN documentary ‘The Last Dance’, spotlighting the Chicago Bulls and Michael Jordan’s legendary career,” it added.
The Nike Air Jordan 1s is one of the most important basketball sneakers of all time made exclusively for the legendary NBA Chicago bulls player, said Sotheby.