Pair of Autographed Air Jordans Sets Record for Highest Auction Price Fetched by Sneakers

,

A pair of game-worn, autographed Air Jordan 1's from 1985 sold for $560,000 on Sunday, smashing the world auction record for sneakers. CNN reports that 10 bidders from around the globe pushed the price up to nearly four times the shoes' estimated high bid of $150,000. The sale breaks the world auction record for a pair of sneakers, set last year by Sotheby's auction of the Nike "Moon Shoe" for $437,500. The waffle-soled running shoes, one of 12 pairs ever made, were designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials.