Sotheby’s auction of rare sneakers nets more than $850,000

A collection of sneakers has sold at auction for $850,000 (£690,000) to Canadian entrepreneur Miles Nadal.

Sotheby’s put 100 pairs of the rarest sneakers ever from Nike, Adidas and Air Jordan on sale in New York.

All but one of the pairs went to Mr Nadal, with the 1972 Nike Waffle Racing Flat Moon Shoe still for sale during the week-long auction.

These are expected to fetch $160,000, confirming, says Sotheby’s Noah Wunsch, that sneakers are now collectible art.

Source: BBC

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