16,000 euros for Jordan sneakers at auction in Paris

A sneaker auction on Sunday in Paris totaled some 120,000 euros, with a record 16,120 euros for a pair of Nike Air Jordan 1, we learned from Millon.

The star lot was a pair of Jordan 1 Retro High Off-White, prized thanks to the signature marker on the side of the sole of the creator of this model in white leather Virgil Abloh.

Second most expensive pair, Jordan 1 Retro High Dior left for 9672 euros. The other sneakers reached more reasonable amounts, starting with Nike Air Vapormax Black ‘The 10’ Off-White for 1240 euros.

The Millon house, in a press release sent to AFP, welcomed a “result well beyond expectations”, with 70% of the 207 lots that were sold, more than 250 bidders connected online and a full house.

Sneakers (‘sneakers’ for enthusiasts) have acquired in recent years a status of collector’s item which is of increasing interest to auctioneers, who have come to compete with online sales platforms (eBay, StockX).

The models of the American Virgil Abloh, designer of Nike and Louis Vuitton who died in November at the age of 41, are among the most sought after on this market. In February, one of the last he designed fetched $352,800.

The records are however reached by the pairs carried by legends of the sport or the hip hop, being able to exceed the million dollars.

/ATS

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