This was also considered to be Nike's first ground-breaking innovation. A pair of the ultra-exclusive Nike “Moon Shoe” has officially broken the world auction record for sneakers, selling at a whopping $437,000 USD at New York auction house Sotheby’s. One of only a handful of pairs known to exist, this Moon Shoe is a handmade running shoe designed by Nike co-founder and legendary Oregon University track coach Bill Bowerman. Mark Covert wore … Nike Air Max Lunar90 SP "Moon Landing" Five years ago, on July 14th, 2014, Nike introduced what are arguably the best Moon landing-inspired sneakers to date: the Air Max Lunar 90 SP "USA." Nike Moon Shoes are from 1972 which was the first year of Nike. A rare pair of Nike "Moon Shoes" could fetch as much as $160,000 in an auction held by Sotheby's. Nike Moon Shoes got their nickname because the impressions that the Waffle Soles left on the track resembled the footprints that astronauts left on the Moon. Bill Bowerman, famed Oregon University track coach and Nike co-founder, crafted the running shoe for the 1972 Olympics. Nike Women's Air Bella TR Training Shoes Moon Particle/Pink Foam-Sail (8) 4.1 out of 5 stars 7. A rare pair of Nike's "Moon Shoe" has broken the world auction record for a pair of sneakers, according to New York auction house Sotheby's. They're one of 12 pairs ever made and the only known unworn set. According to Hype Beast, Nike Moon shoes were among the 100 pairs of the world’s rarest shoes that was auctioned off for $437,500 (RM1,816,937.50).. The shoes were made by Nike co … 61. The pair of Nike "Moon Shoe," waffle-soled running shoes designed by Nike's co-founder Bill Bowerman for the 1972 Olympic Trials, is one of only 12 ever made, and the only known unworn pair. These Nike Moon Shoes are the first Nike Waffles to ever cross a finish line. A model of vintage 1972 running shoes known as the Nike “Moon Shoe” shattered the record when it was sold for $437,500 at Sotheby’s auction house in New York just 3 days ago (24 July). The 1972 “Moon Shoe” is arguably the most important Nike shoe ever made and a true sneaker relic–a modern fossil. Crafted on the famous waffle iron, the “Moon Shoe” nickname actually derived from the footprint a waffle sole left in the dirt in comparison to that of the astronauts in the moon … Learn More. The previous record went to a […] $59.61 $ 59. The design, which features a "waffle sole," got its name as it resembled the pattern left on the moon's surface by astronauts in the 1969 moon landing. “One of a small group of pairs known to exist, this Moon Shoe is a handmade running shoe designed by Nike co-founder and legendary University of Oregon track coach Bill Bowerman. Shoes Lifestyle Running Basketball Jordan Training & Gym Soccer Golf Track & Field Skateboarding Tennis Baseball Boots Sandals & Slides Shoes $100 & Under All Shoes Clothing Tops & T-Shirts Shorts Hoodies & Sweatshirts Pants & Tights Jackets & Vests Swimwear Polos Nike Pro Yoga Socks & Underwear Big & Tall All Clothing Accessories & Equipment Bags & Backpacks Apple Watch Nike Hats, … The "Moon Shoe" is estimated to reach a price between $110,000 and $160,000, with the starting bid set at $80,000. 1972 Nike Moon Shoe Named after its signature (and now deteriorating) tread that resembled the footprints left behind by astronauts, this 1972 Nike Moon Shoe is a rare relic. A new world record for a pair of sneakers was set at auction on Tuesday (Jul 23) when an avid collector splashed out US$437,500 (S$597,493) on Nike's 1972 Moon Shoe, Sotheby's said. According to Sotheby's, the rare sneaker is "one of the most significant artifacts in the history of the multi-billion-dollar athletic brand," and the pair up for sale is "one of only a handful of pairs known to exist." Got a confidential news tip? The 1972 Nike Waffle Racing Flat Moon Shoe was expected to fetch $160,000. While aged and brown, the 1972 Nike Waffle Racing Flat "Moon Shoe" is almost a mythical part of sneaker history. The original Nike Moon Shoe is a track shoe that serves as an archetype for the modern sneaker. RUN WITH IT: Trying to capitalize on the demand for hard-to-find sneakers, the collectibles platform Rally will be offering shares of a pair of 1972 Nike prototype Moon Shoe to … Its rubber sole was designed to fit tightly against the foot for increased athletic performance. The previous world auction record was set in 2017 at $190,373, for a pair of signed Converse that Michael Jordan wore in the 1984 Olympic basketball final, the auction house said in a statement. A rare pair of Nike sneakers with a storied history has just shattered auction records.. Sotheby's auctioned off the Nike "Moon Shoe" for $437,500 Tuesday … It was the most amount of money ever paid for a pair of shoes. The New York auction house is allowing collectors to … Nadal plans to display the sneakers at his private museum in Toronto, the Dare to Dream Automobile Museum. Sotheby’s Nike Moon Shoes are the only known pair of brand new, unworn, first generation Nike Moon Shoes in existence. Handmade by Geoff Hollister under the direction of Nike co-founder Bill Bowerman, they were worn in that year's Olympic Trials by marathoner Bruce Mortenson, and were one of just a dozen pairs made. © 2020 CNBC LLC. All Rights Reserved. 4.5 out of 5 … Arrives before Christmas. "Once the domain of a dedicated core of collectors and connoisseurs scattered in select U.S. cities, the culture of sneaker fashion has exploded to become a worldwide phenomenon, a new universal language of cool," Sotheby's said on its website Friday. Photo by Sotheby's / Reuters. Such is the case with the original Nike “Moon Shoe” – a running model handmade by Bill Bowerman. According to Sotheby's, the 2016 sneakers are more coveted because Nike released just 89 pairs, compared to the 1,500 pairs released in 2011. The lightweight yet durable design became a staple of Nike’s, serving served as the template for many different sneakers in the years to come, propelling the brand toward its iconic status. RUN WITH IT: Trying to capitalize on the demand for hard-to-find sneakers, the collectibles platform Rally will be offering shares of a pair of 1972 Nike prototype Moon Shoe to … A total of 41 designs are being sold, with the collection including vintage items as well as rare shoes designed in collaboration with celebrities – such as an Adidas sneaker designed by rapper Kanye West. An exhibition of the collection is being held in New York every day until bidding closes. Nike's rare 'Moon Shoe' is sold for $437,500, shattering the auction record for sneakers. Hence, the name 'moon shoes.' Astronauts walked on the Moon in 1969. As of Friday morning, no bids had been placed – but bidding closes on July 23. Moon Shoes made their debut at the 1972 Olympic Trials Marathon. Therefore, the 'Moon Shoe' is a vintage pair that has made its … Image credit: Hype Beast The collector who managed to snag that pair also spent $850,000 (RM3,530,050) to acquire the other 99 pair of shoes. Considered to be one of the most sought-after shoes in world, the 1972 Nike "Moon Shoe" has just been sold at a Sotheby’s for a price $437,500 (£350,395) to Canadian collector and businessman Miles Nadal - breaking the record for the most expensive trainers (sneakers) sold at auction.. The starting price for the Moon Shoe was $80,000, and the final sale price shattered the pre-sale estimate of $160,000. Data is a real-time snapshot *Data is delayed at least 15 minutes. Collector Miles Nadal purchased them Tuesday for $437,500, Sotheby's said. Bowerman was inspired to create the waffle sole traction pattern for Nike's early running shoes by experimenting with his wife's waffle iron, pouring rubber into the mold to create the first prototype of the sole, Sotheby's said. The 2016 pair is expected to reach the auction's second-highest price, with Sotheby's expecting the bidding to reach somewhere between $50,000 and $70,000. Get this delivered to your inbox, and more info about our products and services. Two replicas of Marty McFly's famous self-tying Nike sneakers from the movie "Back to the Future Part 2" are also being sold, one pair made in 2016 and the other in 2011. In April 2011, Phil gave Oprah a custom pair of Nike's LunarGlide sneakers during his first appearance on The Oprah Show.The white-and-lime-green shoe features an image of Oprah's favorite tree inside the sole, and the laces have both "Knight" and "Winfrey" printed on them. The New York auction house is allowing collectors to bid on an array of rare sneakers in a digital lot, dubbed "Stadium Goods: The Ultimate Sneaker Collection Online.". We want to hear from you. A Division of NBCUniversal. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The later version also featured real power-lacing technology. To manufacture the original 1972 Moon Shoe, Nike sourced nylon uppers from Japan and used rubber that was hand-cut in Eugene, Ore. “Both the Moon Racer and the VaporFly 4% tell stories around innovation,” says Nathan Schultze, Nike Sportswear footwear designer. Last week, Nadal purchased 99 other pairs of rare sneakers from Sotheby's in a private sale for $850,000. FREE Shipping by Amazon. A rare pair of Nike "Moon Shoes" could fetch as much as $160,000 in an auction held by Sotheby's. Compared to other running shoes at that time, this very pair provided a better grip for the athletes to run with. Sign up for free newsletters and get more CNBC delivered to your inbox. CNN's Emily Dixon contributed to this report. First Moon Shoes To Cross The Finish Line. The Nike “Moon Shoe” is one of the most significant artifacts in the history of the multi-billion dollar athletic brand. Nike Sportswear design noticed parallels between the origin of the “moon shoe” and Breaking2, the company’s 2017 attempt to break the two-hour marathon barrier with the Nike Zoom Vaporfly 4%. The shoes were part of Sotheby's "Stadium Goods: the Ultimate Sneaker Collection" online auction. The waffle-soled running shoes were designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials. Nike Men's Air Zoom Pegasus 36 Running Shoe Phantom/Electric Green/Moon Particle/Ridgerock. The Nike "Moon Shoe" one of only about 12 pairs of the handmade running shoe designed by Nike co-founder and legendary Oregon University track coach Bill Bowerman. The Nike “Moon Shoe” is one of the most significant artifacts in the history of the multi-billion dollar athletic brand. The auction is being held on behalf of Stadium Goods, a premium footwear marketplace. Was hand-cut in Eugene, Ore significant artifacts in the history of the most amount of money paid. 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