Sotheby's announced Wednesday that an auction of 200 pairs of the Louis Vuitton and Nike "Air Force 1" sneaker created by late US designer Virgil Abloh had fetched a total of $25 million.
A spokesman for the auction house told AFP that the most paid for one of the pairs was more than $350,000 during the online sale that ran from January 26 to February 8.
The sums greatly exceed the initial estimates of Sotheby's, which had started the bidding for at $2,000 and had predicted they would sell for between $,5000 and $15,000 each.
In the end, the sneakers, which ranged in size from five to 18, averaged more than $100,000 per shoe. The cheapest sold for just over $75,000.
The special edition sneaker, made of calf leather, was originally created for Louis Vuitton's spring-summer men's collection for 2022 of which Abloh was artistic director.
