Nike’s rarest sneaker ‘Moon Shoe’ sold for a record $437,500

The New York auction house, Sotheby has confirmed that Nike’s rarest sneaker ‘Moon Shoe’ has been sold for a record $437,500 (£351, 722).

The 1972 Nike Waffle Racing Flat Moon Shoe was designed by the brand’s co-founder, Bill Bowerman and was expected to fetch $160,000. It was reportedly the last shoes to sell in an auction of 100 pairs of trainers-from Jordan Air to Adidas, in New York.

Nike rarest sneaker 'moon shoe' sold

Only 12 pairs of the Moon Shoe were manufactured and the set sold on Tuesday was ‘one of only a handful of pairs to exist’.

Miles Nadal, the Canadian collector paid $850,000 for the other 99 pairs at the auction and plans to display the sneakers at his private museum-Dare to Dream Automobile Museum in Toronto.

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