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Sotheby's sets new record for most valuable sneakers ever sold in $1.8 million private sale


Sotheby s sets new record for most valuable sneakers ever sold in $1.8 million private sale
First pair of sneakers to top $1 million. Courtesy Sotheby s.
NEW YORK, NY
.- Marking a new world record for a pair of sneakers ever sold, Sotheby’s announced today that sneaker investing platform RARES has acquired the Kanye West ‘Grammy Worn’ Nike Air Yeezy 1 Prototypes from 2008 for a record-breaking $1.8 million via private sale. The price sets a new milestone for a publicly recorded sneaker sale, shattering the current auction record for sneakers by almost three times, and establishes the Yeezy 1 Prototypes as the most valuable sneakers ever and the first recorded sneaker sale for more than $1 million. ....

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Kanye West sneaker sale breaks records


Kanye West sneaker sale breaks records
Rapper’s Nikes sell on auction block for $1.8 million
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FILE - Kanye West performs at the 50th Annual Grammy Awards in Los Angeles on Feb. 10, 2008. The Nike Air Yeezy 1 Prototypes worn by West during his performance were acquired for $1.8 million by social investing platform Rares. (AP Photo/Kevork Djansezian, File) (AP2008)
A “Grammy Worn” pair of Kanye West’s famous sneakers just set a record on Monday.
The Nike Air Yeezy 1 prototypes sold on the Sotheby’s auction block for $1.8 million. They were acquired by RARES, a sneaker investment marketplace.
The sale marks the highest publicly recorded price for a sneaker sale and the first pair of sneakers to top $1 million. ....

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