Kanye West sneaker sale shatter record, go for $1.8M
Apr 26, 2021, 12:58 PM
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)
(AP Photo/Kevork Djansezian, File)
NEW YORK — A pair of first-generation prototype Yeezy’s worn by Kanye West during his 2008 performances of “Hey Mama” and “Stronger” at the Grammy Awards with Daft Punk has nearly tripled the record price for any pair of sneakers ever sold.
Fine Art & Luxury auction house Sotheby’s announced on Monday that the “Grammy Worn” Nike Air Yeezy 1 sported by Kanye West sold for $1.8 million.
Stronger/Hey Mama – Kanye West ft Daft Punk HD (50th Grammy Awards) from YandhiLeaks
Kanye West sneakers break record
Kanye West and Mark Smith designed the size 12 black leather sneakers. RARES, a sneaker investment marketplace, picked up the shoes. The company lets buyers invest in expensive sneakers by buying and trading shares in them.
This becomes the highest publicly recorded price for a pair of shoes, and the first to top $1 million. The last shoes that even came close were a pair of Michael Jordan’s Jordan 1s; he wore them during a pre-season game in 1985 when he shattered the backboard.
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Those sold at Christie’s for $615,000.
The most expensive pair of sneakers ever sold at Sotheby’s? A pair of Nike Air Jordan 1s that sold for $560,000.
“We are thrilled with the result, which has nearly tripled the highest price on record,” Brahm Wachter, Sotheby’s head of streetwear and modern collectibles, said in a statement. “The sale speaks volumes of Kanye’s legacy as one of the most influential clothing and sneaker designers of our time, and of the Yeezy franchise he has built which has become an industry titan.”
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