Virgil Abloh Sneakers Sell For $25M At Sotheby's Auction
A 200 pair collection of Virgil Abloh designed Louis Vuitton and Nike Air Force 1 sneakers have sold at auction for $25M. Luxury marketplace Sotheby’s confirmed the grand total of its online auction, which ran from January 26 to February 8. Just one pair sold for $350K.
With each bid starting at $2K, Sotheby’s had no idea that the sales figures would outperform their expectations. Sotheby’s initially predicted that each pair would sell for between $5K and $15K. On average, each pair sold for more than $100K with the cheapest pair selling for over $75K.