Comments:
It’s official…. Humanity is insane
So 8 million for stupid sneakers that were probably around 300 USD each when they were bought
2 lessons
1/ some guys really have too much money
2/ watches are ridiculous cheap 😉
Well, $17.8m for a Daytona that was maybe $300 when originally bought.
I’d argue the sneakers are far more of an attractive trophy.
I don’t recall how many changes of shoes MJ may have had in games but even still these shoes were on his feet in video, photos etc in front of hundreds of millions of people in historical games. So the provenance is far far more interesting, and to a wider audience, than the Newman.
Like the Newman this is a consumer product that created an entire market. The Jordan (shoe) is far more influential in the world of sneakers, sports and basketball than the Newman could ever be in the world of horology.
The global relevance of the individuals, to whom the lots are tied, is also like night and day. You can’t compare MJ and Newman, they are not even in the same universe in terms of name recognition, fame, influence on their trade etc.
I have no argument with “1/ some guys really have too much money”, some of the nonsense money paid for very pedestrian (high volume) watches the past several years is proof enough of that.
$2.5m for a Tiffany Nautilus, buy the shoes dude!!!
There’s a great story of Pete Rose
When he was due to break the (I think it was) all time bases on hits, wore like 8 undershirts which he later signed and sold. Story goes he could bearly move his arms when running.
It’s not that different
If Paul Newman owns a watch Bacs claims it’s somehow “important” and away we go.
There’s a whole industry built around telling people (usually with more money than aesthetics) what they should like.
Art collecting is built on the same concept of Provinance.
It’s a slippery slope and the dealers, auctions houses, advisors and in many cases the manufacturers themselves work in concert to suck you in.
There’s a whole industry built around telling people (usually with more money than aesthetics) what they should like.
Art collecting is built on the same concept of Provinance.
It’s a slippery slope and the dealers, auctions houses, advisors and in many cases the manufacturers themselves work in concert to suck you in.
Are a couple of those sneakers signed by MJ? That may make a little more sense…although not $8mil sense.
The sneakers were not even $300. Reissues of these (at least the 11s and 12s) go around $220. So back then, they were probably in 100s. MJ must find this all comical to some degree.
An incomplete set?
I wonder what happened to the other 6 sneakers? I doubt MJ kept those.
I'll give the buyer a deal...
He can have 6 pair of my worn sneakers for a bargain of only 7 million. I'll even include free shipping!
agree
at list they became way too expensive, or at least most of them. That aside secondhand and looking BEYOND the hyped pieces there can be found real bargains nowadays
Right now…
There is a poster on a sneaker collectors forum putting up a link to the latest watch auction highlights and saying “humanity is insane”, and you both would be correct.
That's like only 3 BTC. Not too bad.
In US Dollars it's even cheaper, trillions a year are made. Congrats to the new owner of these rare sports items.
What I’ve learned about air cooled Porsches…
Is that nostalgia is really expensive! Same can be said about sneakers.
Some things cannot be comprehend.
Such as the great MJ 23 in red! He is the GOAT of basketball from 90’s to future!
It’s all relative. Many people think one is mad when you buy a Patek, when a Casio will do the same job. Relativity!
These shoes were worn during historically significant basketball games.
While I think the prices are very high, I don't think they're that unreasonable! To a basketball fan who loves sneakers, this is somewhat justifiable. Keep in mind, it takes two people or more to bid things up. I'd probably pay a big amount of money for one of the boots worn by the astronauts on the moon! And I'm not even a fan of the moon nor a fan of astronauts. I'm thinking that they're just historically significant. Totally agree that some people have too much money! Not sure I agree that watches are cheap - most watches aren't historically significant!