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Nike Waffle Racing Flats now hold the record of Most Expensive Sneakers ever auctioned at $437,500

It is known that there have been some auctions that have created records in the past. However, one of those auction records has just been broken. The previous record for Most Expensive Sneakers ever auctioned has now been shattered. Because of pair of Nikes have just been auctioned for $437,500. This means that Nike’s pair of shoes now become the most expensive football sneakers. Talking about the sneakers, they are called as 1972 Nike Waffle Racing Flat ‘Moon Shoe’

The previous record for most expensive sneakers was held in 2017 when Micheal Jordan’s sneakers from 1984 Olympic basketball gold medal match were auctioned. These pair of sneakers went for $190,300 and they were the highest auctioned sneakers at that time. This record was made by Collector Miles Nadal who bought them in the auction at the Sotheby’s online auction

Apart from that, it is revealed that Nadal also spent another $850,000 last week to buy 99 of the 100 rarest sneakers through a private Sotheby’s sale named as “The Ultimate Sneaker Collection,” Now, it is revealed by Sotheby that Nadal will display all of these sneakers at his private museum in Toronto, Canada.

Nadal said in a press release that “I am thrilled to acquire the iconic Nike ‘Moon Shoes,’ one of the rarest pairs of sneakers ever produced, and a true historical artefact in sports history and pop culture. When I initially acquired the 99 other pairs in this auction last week, I just knew the Nikes had to remain part of this remarkable collection, and I couldn’t be happier with the result.”

Although we know that Nadal is a huge collector of cars along with sneakers, he says that “I think sneaker culture and collecting is on the verge of a breakout moment.” Agreeing to Nadal’s statement, Sotheby’s Global Head of eCommerce, Noah Wunsch says that “The success of Sotheby’s & Stadium Goods Ultimate Sneaker Collection sale is a testament to the strength of this burgeoning collecting category.”