Estimated at between 12,000 and 25,000 euros, the flagship lot of this sneaker sale is the Jordan 1 High Off-White, signed by Offwhite and Louis Vuitton’s famous and unfortunately late designer Virgil Abloh.
More than 200 limited-edition “sneakers” were auctioned by Millon on Sunday, ranging from a hand-signed model by Virgil Abloh to a model worn by Michael Jordan in 1989, surpassing a creation by famous rapper Travis Scott.
Estimated between 12,000 and 25,000 euros, the flagship lot of this sneaker sale sits in the center of the showroom, which is well guarded in its glass cage. “Jordan 1 High Off-White, signed by Offwhite and Louis Vuitton’s famous and unfortunately late designer Virgil Abloh,” features expert Nicolas Kerkeny.
“Without a signature, it is already a fairly collected and rather rare pair”, since only a few copies are printed. “If we add the Virgil Abloh signature, it’s a completely unique model that we will never find anywhere else in the world,” he continues.
A few steps away, another collaboration stands out, this time with rapper Travis Scott. “He was the first to use the phrase + shoosh + (Nike logo) upside down,” says Nicolas Kerkeny. Adding to the artist’s reputation, this fantasy brings the shoes up to a sole price of 1650 Euros.
Elsewhere on the shelves, a mismatched couple in the style of “Sashiko,” an ancestral Japanese embroidery technique close to “patchwork”, rub shoulders with Nikes-stamped Dior, Gaultier, or Yeezy, the line of the eccentric Ye – formerly Kanye West.
Basketball player Michael Jordan, who is the muse of a collection in his name, is also well represented. The (copied) models that won the NBA championship in 1991 and 1996 retail for 950 euros each.
Launched in 2006 and no longer “available” in traditional stores, this type of collector’s pack is only printed in “50,000 world units,” he explains.
For all scholarships
A total of 207 pairs will be presented, “fitting all budgets and all sizes”. If Jordan Highs, hand-signed by Virgil Abloh, are estimated at more than 10,000 euros, the bid for the cheapest lot will start at 160 euros. The size range from “35 and a half to 48” is also intentionally wide, but medium sizes dominate (37 to 43).
According to auctioneer Alexandre Millon, the challenge with these auctions is to “reach all audiences,” including experts in “other disciplines of the arts.” “We start + from flints + sneakers!” he laughs, noting that today every generation of buyers is interested in the basketball market.
“It’s pretty interesting to compare with bibliophiles,” he continues. According to him, lovers of books and shoes have the same details, the same “meticulousness” in terms of quality. The slightest scratch, the slightest wear and tear can result in a “40%” reduction in the selling price. A missing element, a tag or lace also means a loss of value of up to tens of euros.
This “passion” of the public, “the phenomenon of rarity” maintained by brands and their ambassadors, thus turned the “sneakers”, which was originally a simple wardrobe item, into “collection object, object of desire”.
Faced with the boom of the industry and the proliferation of resale sites, the mission of the auction houses is now to create a “legitimate” and “objective” quote.
“All these prices, which should be indisputable, cannot be provided by the main trading platform, the god algorithm +StockX+,” concludes the auctioneer.
Source From: Google News