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


By AGENCY

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.

Sotheby's in New York announced recently its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars.

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 US$160,000 (RM658,000).

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