So you think you have the rarest and pricest sneakers in the world? Well, think again, my friend. In a recent private sale organized by Sotheby’s on July 23, 2019, a pair of 1972 Nike Waffle Racing Flat ‘Moon Shoe’ was sold at a whopping $437,500, making it the “world auction record for a pair of sneakers.” The private sale, dubbed The Ultimate Sneaker Collection, by auction house Sotheby’s and premier sneaker and streetwear marketplace Stadium Goods, features 100 of the rarest sneakers ever produced.

1972 Nike Waffle Racing Flat Sold For $440K

Miles Nadal, an avid car collector, entrepreneur, industrialist and philanthropist, who isn’t Tony Stark btw, swooped in to bag the pair of sneakers in an online-only auction – after he picked up 99 out of the 100 of the rarest sneakers ever produced in a private sale for a cool $850,000 on Wednesday, July 17, 2019. Mr. Nadal basically bought ever single pair that were in the sale which is kind of what rich people do. TBH, not a lot of rich folks have the passion like Miles Nadal has. Here’s a bit of details on this $440K shoe:

“The Nike “Moon Shoe” is one of the most significant artifacts in the history of the multi-billion dollar athletic brand. One of only a handful of pairs known to exist, the present pair is a handmade running shoe designed by Nike co-founder and legendary Oregon University track coach Bill Bowerman. As the famous story goes, Bowerman was first inspired to create the innovative waffle sole traction pattern found on the brand’s early running shoes by tinkering with his wife’s waffle iron and pouring rubber into the mold to create the first prototype of the sole. Made for runners at the 1972 Olympic Trials, only about 12 pairs of the Moon Shoes were created, with even fewer still remaining today. The sneaker is the only pair known to exist in unworn condition.”

Miles Nadal plans to display his newly acquisition at his Dare to Dream Automobile Museum in Toronto, Canada, a private museum featuring, you guessed it, collection of classic cars. He will share the collection with his friends, family and charitable organizations – upon request, of course.

Images: Sotheby’s.

Published by Mike chua

Avid tech enthusiast, gadget lover, marketing critic and most importantly, love to reason and talk.