Monday, May 10, 2021
No menu items!

Kanye West’s Yeezy sneaker sold for record breaking $1.8 million

The Kanye West sneakers that helped turn athletic shoes into coveted fashion items were acquired for a record-breaking $1.8 million by sneaker investing platform RARES, which marked the first pair of sneakers to top $1 million.

The sneakers were the prototypes for the Yeezy line developed by West and Mark Smith for Nike and revealed by the rapper during his performance at the 2008 Grammy Awards.

The private sale at Sotheby’s marked the highest publicly recorded price for a sneaker sale ever, nearly triple the current auction record for a sneaker set in 2020 at Christie’s for $615,000 by a pair of autographed Nike Air Jordan 1s worn by Michael Jordan in 1985.

Sneakers have become collectors items in recent years, joining more traditional assets like art, wine and jewelry at the world’s big auction houses.

The black leather, size 12 Nike Air Yeezy 1 Prototypes have a Yeezy forefoot strap and the brand’s signature Y medallion lace locks in pink.

West wore them for his emotional performances of “Hey Mama” and “Stronger” at the 2008 Grammy Awards, setting off a social media frenzy among fashionistas.

(Production: Joyce Zhou)



Please enter your comment!
Please enter your name here

Latest News

Biden says he sees no evidence of involvement by Russian government in pipeline hack

U.S. President Joe Biden said on Monday (May 10) there was no evidence so far that Russia...

Biden administration concerned about escalating violence in Israel

The Biden administration has serious concerns about the escalating violence in Israel as tensions simmer with Palestinians in Jerusalem, White House press...

Bamboo cricket bat beats willow, scientists say

If a group of Cambridge University scientists have their way, cricket fans might soon have to become accustomed to the sound of...

Harris and Obrador discuss migration in virtual meeting

Mexican President Andres Manuel Lopez Obrador pitched a tree-planting jobs program in Central America that he said should lead to work visas...

Three people injured in New York’s Times Square shooting

Three people, including a four-year-old girl, were shot in New York City's Times Square after gunfire broke out in a dispute that...

More Articles Like This