Christies Auctions Rare Michael Jordan Sneakers

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Christie’s Gamechangers sale includes rare Michael Jordan sneakers. The Air Ship sneakers worn by the 1984 game are expected to fetch between $330,000 and $550,000.

Source: Christie’s

Game-worn Michael Jordan collectibles continue to soar to new heights, nearly two decades after the Chicago Bulls icon hung up his shoelaces for good.

Thusday, Christie’s auction house and Stadium Goods have announced that they are teaming up for a one-time sale offering “the most complete sneaker record of Michael Jordan’s landmark career with the Chicago Bulls.”

Sales of Jordan sneakers have taken off this year. Following the airing of the ESPN and Netflix documentary, “The Last Dance,” there has been a resurgence of interest in anything and everything related to the basketball icon. As auction houses seek to attract younger audiences, they are looking to Jordan to do just that. In May, Sotheby’s sold a pair of Nike Air Jordan 1s for $560,000 to become the most expensive sneakers ever sold.

“This highly curated sale marks Christie’s entry into a new collectible category that merges sports history, art, fashion and contemporary lifestyle following the huge success of our Hype sale in December 2019,” Aline Sylla-Walbaum, Global Managing Director of Luxury at Christie’s said in a statement.

Highlights of the sale include a pair of 1984 Nike Air Ship hi-top sneakers that were worn during Jordan’s rookie year. The shoe is expected to fetch between $350,000 and $550,000 and includes his famous mismatched size 13.5 left shoe and his right size 13. Christie’s said the pair came from a New Jersey Nets equipment manager. Jordan only wore the Air Ship in preseason and early NBA games during his rookie year, making them extremely rare to find.

A pair of 1984 Nike Air Ships will be sold at Christie’s upcoming auction.

Source: Christie’s

The 1992 USA Olympic Basketball Team, often referred to as the “Dream Team”, is arguably one of the greatest basketball teams in history. Christie’s is selling a pair of 1992 Air Jordan 7s that were worn in the 1992 Gold Medal game against Croatia. Jordan scored 22 points and Team USA won the game in a blowout. Christie’s said the sneakers came from a receptionist at the Ambassador Hotel where the Dream Team stayed. They were offered to him to run errands for the team during their stay at Barcelona. The size 13 pair of mid-top sneakers are expected to sell for between $50,000 and $70,000.

Christie’s Gamechangers sale includes rare Michael Jordan sneakers.

Source: Christie’s

Reach new heights

For Jordan fans who can’t afford the astronomical prices, StockX sneaker retailer may be a more affordable option. The company, told CNBC’s Jim Cramer on Wednesday, that it has now authenticated 3.5 million pairs of Air Jordan sneakers, including 1 million in the last 6 months alone.

Since “The Last Dance” aired, Scott Cutler, CEO of StockX, said demand for Jordan products had “exploded.”

“People, you know, whether it was nostalgia or excitement of what they saw, they even went back to the original OG Jordan and bought them on the platform,” he said. declared.

Even though the negative impact of the coronavirus caused Nike’s fourth-quarter revenue to drop 38%, the only bright spot was the Jordan brand. Nike CEO John Donahoe told analysts the brand “resonates deeply” after “The Last Dance” aired. The company said Jordan brand revenue rose 15% for the year to $3.6 billion.

Christie’s has revealed only three of the 11 lots that will be available at the start of their sale. The rest of the items will be available for browsing from July 23rd and the auction will start on July 30th. It will last until August 13.

Proceeds from the auction will be donated to the NAACP Legal Defense Fund.

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