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The Nike ‘Moon Shoe’ one of only about 12 pairs of the handmade running shoe designed by Nike co-founder and legendary Oregon University track coach Bill Bowerman, is seen in this Sotheby's image released on July 11, 2019.(REUTERS)

Nike shoes race to $437,500 world record auction price for sneakers

By Reuters | Reuters
UPDATED ON JUL 24, 2019 03:37 PM IST
The so-called Nike ‘Moon Shoe’, designed by Nike co-founder and track coach Bill Bowerman for runners at the 1972 Olympics trials, was the top lot in the first-ever auction dedicated to sneakers at Sotheby’s auction house in New York.
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Sotheby’s said that just around 12 pairs were manufactured and that the set sold Tuesday was “one of only a handful of pairs known to exist”.(REUTERS)
Sotheby’s said that just around 12 pairs were manufactured and that the set sold Tuesday was “one of only a handful of pairs known to exist”.(REUTERS)

Nike’s rare sneakers ‘Moon Shoes’ sell for record $437,500

By Agence France-Presse | New York
UPDATED ON JUL 24, 2019 11:58 AM IST
Nike co-founder Bill Bowerman designed the flat racing ‘Moon Shoe’ which was made for runners at the 1972 Olympic trials.
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Sotheby’s in New York announced on Thursday its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars.(sothebys/Instagram)
Sotheby’s in New York announced on Thursday its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars.(sothebys/Instagram)

Sneakers give art a run for its money at first-of-a-kind Sotheby’s auction

By Reuters | Reuters, New York
UPDATED ON JUL 14, 2019 10:17 AM IST
Sotheby’s is teaming up with streetwear marketplace Stadium Goods to auction 100 pairs of the rarest sneakers ever produced, including a sample of one of the first Nike Inc running shoes with a pre-sale high estimate of $160,000.
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