Michael Jordan sneakers worn in-game sell for record $ 560,000 at Sotheby’s auction – CBS Chicago

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(CNN) – A pair of 1985 Michael Jordan sneakers sold for more than three times the estimated auction price on Sunday, breaking the world sneaker auction record, according to Sotheby’s.

Ten bidders from around the world competed for the basketball legend’s autographed Nike Air Jordan 1 shoes before the $ 560,000 online auction closes, the auction house said in a press release. .

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“After a bidding war that pushed up the value of US $ 300,000 in the last twenty minutes of the sale, the pair hit more than 3.5 times its high estimate of $ 150,000,” Sotheby’s said.

Michael Jordan’s signature is in a permanent marker on one of the shoes. (Credit: Sotheby’s)

The bidders spanned six countries on four continents, according to the auction house.

The sale breaks the world auction record for a pair of sneakers, set last year by the auction of the Nike “Moon Shoe” by Sotheby’s for $ 437,500. The waffle-sole running shoes, one of 12 pairs ever made, were designed by Nike co-founder Bill Bowerman for the 1972 Olympic trials.

The Nike Air Jordan 1s were made exclusively for Jordan and featured red laces instead of black and white.

“Produced between February and April 1985, Jordan wore the current pair of Air Jordan 1s at a pivotal point in his career and thus catapulted the sneaker’s popularity,” Sotheby’s said. “Wearing mismatched shoes most of their career, the pair are in size 13 (left shoe) and 13.5 (right shoe).”

The right shoe has Jordan’s signature in permanent marker.

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A pair of signed Nike Air Jordan 1 shoes worn by the 1985 Jordan game arrives for auction this weekend at Sotheby’s. And they won’t be cheap – Sotheby’s estimates the shoes will sell for over $ 150,000. (Credit: Sotheby’s)

Nike didn’t even offer mid-top sneakers to the public at the time – only highs and lows, according to Sotheby’s.

“Jordan wore Air Jordan 1s until October 29, 1985 when he broke his foot and then took 64 games in his second season while he healed,” Sotheby’s said. “He was wearing modified versions of the Air Jordan 1 when he returned to the game.”

The auction coincided with the latest episode of “The Last Dance,” the ESPN docuseries on Jordan and the NBA dynasty of the Chicago Bulls.

The debut of the 10-episode series, which aired in April, has averaged 6.1 million viewers, the channel said in a statement. This makes “The Last Dance” the most watched ESPN documentary of all time.

Sotheby’s said the shoe sale “not only shows the incredible appeal of Michael Jordan as one of the most recognizable and legendary athletes of all time, but also that the sneaker collection is truly a global and growing market. “.

According to Stockx, a website where people can buy and sell sneakers and streetwear, between January 1 and the series premiere on April 18, 217 pairs of the 2015 Air Jordan 1 ‘Chicago’ retro sneakers were sold for one. average price of $ 925. .

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