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Michael Jordan’s signature Air Jordan shoes from 1985 sell for record-breaking price, Sotheby’s says

BASED. by BASED.
October 27, 2021
in Jordan
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Michael Jordan’s signature Air Jordan shoes from 1985 sell for record-breaking price, Sotheby’s says
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Written by Leah AsmelashSusannah Cullinane

A pair of Michael Jordan‘s game-worn sneakers from 1985 bought for greater than thrice the estimated public sale worth on Sunday, breaking the world public sale file for sneakers, in line with Sotheby’s.
Ten bidders from throughout the globe competed for the basketball legend’s autographed Nike Air Jordan 1 sneakers earlier than the net public sale closed at $560,000, the auction house said in a news release.
Michael Jordan's signature is featured in permanent marker on one of the shoes.

Michael Jordan’s signature is featured in everlasting marker on one of many sneakers. Credit score: Sotheby’s

“Following a bidding struggle which drove the worth up by US $300,000 throughout the ultimate twenty minutes of the sale, the pair achieved greater than 3.5x their $150,000 excessive estimate,” Sotheby’s mentioned.

The bidders spanned six international locations throughout 4 continents, in line with the public sale home.

The sale breaks the world public sale file for a pair of sneakers, set final 12 months by Sotheby’s public sale of the Nike “Moon Shoe” for $437,500. The waffle-soled trainers, one among 12 pairs ever made, have been designed by Nike co-founder Invoice Bowerman for the 1972 Olympic Trials.

The Nike Air Jordan 1s have been made solely for Jordan, and featured pink laces as an alternative of black and white.

“Produced between February to April 1985, Jordan wore the current pair of Air Jordan 1s throughout an early, pivotal level of his profession and thus catapulted the sneaker’s reputation,” Sotheby’s mentioned. “Carrying mismatched sneakers most of his profession, the pair is in a measurement 13 (left shoe) and a 13.5 (proper shoe).”

The fitting shoe options Jordan’s signature in everlasting marker.

Nike additionally did not even supply mid-top sneakers to the general public then — solely highs and lows, in line with Sotheby’s.

“Jordan wore Air Jordan 1s till October 29, 1985, when he broke his foot and subsequently took off 64 video games throughout his second season whereas therapeutic,” Sotheby’s mentioned. “He wore modified variations of the Air Jordan 1 upon his return to the sport.”

The public sale coincided with the ultimate episode of “The Last Dance,” the ESPN docuseries about Jordan and the Chicago Bulls NBA dynasty.
The debut of the 10-part collection, which aired in April, averaged 6.1 million viewers, the community mentioned in an announcement. That makes “The Final Dance” the most-viewed ESPN documentary ever.

Sotheby’s mentioned the shoe sale “exhibits not solely the unimaginable attraction of Michael Jordan as one of the vital recognizable and legendary athletes of all time, but in addition that sneaker gathering is actually a worldwide and rising market.”

In line with Stockx, a web site the place individuals should purchase and promote sneakers and streetwear, between January 1 and the premiere of the collection on April 18, 217 pairs of the 2015 Air Jordan 1 ‘Chicago’ retro coach have been bought for a median worth of $925.



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