Rare Nike running shoes fetch $437,500 at a Sotheby’s auction
Nike co-founder Bill Bowerman designed the flat racing 'Moon Shoe' which was made for runners at the 1972 Olympic trials.
Sotheby's said the price was a world auction record for a pair of sneakers. The buyer was Canadian investor and car collector Miles Nadal, who had previously paid $850,000 for 99 other pairs of rare or limited collection sneakers offered by Sotheby's. The handmade "Moon Shoe," with a waffle sole pattern, was one of only 12 pairs ever made and the pair that were auctioned on Tuesday are the only ones known to exist in an unworn condition, Sotheby's said.
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