A pair of Kanye West’s ‘Grammy Worn’ black leather-based, measurement 12 Nike Air Yeezy 1 prototype sneakers fetched a record-breaking $1.8m in a non-public sale, Sotheby’s introduced on Monday.
The Kanye West sneakers that despatched athletic sneakers strutting down vogue runways bought for $1.8m, a brand new world document worth for a pair of sneakers, Sotheby’s introduced on Monday.
The American rapper’s 2008 “Grammy Worn” Nike Air Yeezy samples had been prototypes for a line developed by West and Mark Smith for Nike. They had been revealed throughout West’s efficiency on the 2008 Grammy Awards.
The client was sneaker investing platform RARES, which paid the very best publicly recorded worth for the pair. RARES is a frontrunner in fractional possession, permitting customers to spend money on sneakers by shopping for and buying and selling shares in them.
The non-public sale shattered the present public sale document for sneakers, far above the $560,000 that Sotheby’s scored in Could 2020 for a pair of 1985 Air Jordan 1s, designed for and worn by basketball participant Michael Jordan.
The black leather-based, measurement 12 Nike Air Yeezy 1 prototypes have a Yeezy forefoot strap and the model’s signature Y medallion lace locks in pink.
They had been put up on the market at Sotheby’s by New York collector Ryan Chang.
West wore them for his emotional performances of Hey Mama and Stronger on the 2008 Grammy Awards, setting off a social media frenzy amongst fashionistas.
West ended his collaboration with Nike in 2013 and took the model to Adidas, the place the Yeezy model of sneakers introduced in an estimated $1.7bn in gross sales in 2020, in response to Forbes.
“Our objective in buying such an iconic shoe – and a bit of historical past – is to extend accessibility and empower the communities that birthed sneaker tradition with the instruments to realize monetary freedom by RARES,” stated Gerome Sapp, RARES co-founder and CEO.
Brahm Wachter, Sotheby’s head of streetwear and trendy collectables, stated, “The sale speaks volumes of Kanye’s legacy as one of the influential clothes and sneaker designers of our time.”