Auction News – Collectibles- Nike’s Moon Shoes.

A Pair of 1972 running shoes, one of the first pairs made by Nike Inc sold for a record-shattering price of $ 437,000 at a Public auction. The so-called Nike “Moon Shoe” designed by Nike co-founder Bill Bowerman for runners at 1972 Olympic trials were sold at Sotheby’s auction house in New York. It was the first ever auction dedicated to sneakers. The Buyer was a Canadian investor and Car Collector who had earlier bought 99 pairs of sneakers at an auction.