Here’s How Much Kanye West Yeezy Sneakers Sold For Setting A New World Record!
Here’s How Much Kanye West Yeezy Sneakers Sold For Setting A New World Record! Kanye West’s ‘Grammy Worn’ 2008 Nike Air Yeezy sneakers have been sold for a whopping $1.8 million at a private auction, setting a new world record for a pair of sneakers, Sotheby’s announced Monday, April 26.
The buyer of the sneakers was reportedly sneaker investing company RARES. The company paid the highest ever publicly recorded price for the pair.
The auction house announced it had acquired the shoe earlier in the month and was making it available for purchase only via a private sale. The Company had initially estimated the shoe would fetch around the $1 million range.
The house set a previous record last year after an original Air Jordan 1 High “Chicago” that was game-worn and signed by Michael Jordan sold for $560,000. Thereafter, another pair of Jordan-worn sneakers was sold by Christie’s in August for $615,000, the new record at the time of sale.
This unreleased iteration of the Nike Air Yeezy 1 was created exclusively for Kanye West back in 2008 which he ended up wearing during a performance at the 50th Annual Grammy Music Awards in February of that year, marking the very first time the silhouette was revealed to the public. The shoe features a black perforated leather upper that’s paired with a midfoot strap along with a pink “Y” lace lock.
“We are thrilled to work with Sotheby’s on this acquisition,” Gerome Sapp, CEO and Co-Founder of RARES announced. “Our goal in purchasing such an iconic shoe—and a piece of history—is to increase accessibility and empower the communities that birthed sneaker culture with the tools to gain financial freedom through Rares. We look forward to working with Sotheby’s to continue to identify rare finds that will help elevate, preserve and uphold sneaker culture.”
