An auction seeks to sell unique sneakers for one million dollars

A unique pair of sneakers designed by sports equipment company (Adidas) and German porcelain maker Meissen could become the first shoe of its kind to sell for a million dollars, according to Sotheby’s auctioning projections.

In recent years, auction houses have paid an increased interest in selling sports shoes to collectors, but until now they have offered only examples of collections, even if some of them are limited collections.

The model, which is offered for sale online from Monday to December 16, is unique, and Sotheby’s estimated its value at between $ 1 and $ 1 million.

The design of this shoe was inspired by the “ZX8000” shoes that Adidas put up for sale and was highly popular. Craftsmen from Maissen painted the shoe, then attached decorative ceramic pieces to the shoe as well.

This athletic shoe is not intended for actual use, and therefore cannot be worn.

The design, rarity, and price of these shoes may help elevate the collector’s sports shoe market to a new stage.

The price record for a sneaker was broken several times this year, the most recent of which was the sale of the Air Jordan 1 shoe from NIKE for $ 615,000 during an auction organized by Christie’s in mid-August.

Braham Wachter, Sotheby’s Internet Sales Development Manager, noted that “there is an evolution in the market, as such sneakers are becoming art.”

Nike was by far the most sought-after among collectors through its affiliate brand, “Jordan Brand”, associated with the historic former American basketball star Michael Jordan.

Braham Wachter expected that displaying other unique shoes at auctions would lead to a change in the market, as it would contribute to driving new collections into the market, and lead to a different “dynamic” of prices.

And he considered that the auction, which starts on Monday, “constitutes a test”, and the proceeds will be allocated to the Brooklyn Museum in New York and for its programs directed to the city’s youth.

 

Source: French

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