Collectable sneakers on auction at Sotheby's in New York

SUMMARY

True sneaker heads will get the opportunity to expand their collection as Sotheby's in New York holds its first sneaker auction. These aren't just any old sneakers but 100 of the rarest, most-coveted sneakers around, including the Nike handmade "Moon Shoe" designed by Nike co-founder Bill Bowerman in 1972. Only 12 were made and a pair is expected to fetch as much as $160,000.

By APJul 14, 2019 4:20:33 PM IST (Published)

This image shows a pair of Nike Mags , inspired by "Back to the Future," on display in New York. The sneaker is among 100 pairs of rare sneakers up for auction at Sotheby's in New York. Bidding runs through July 23. (AP Photo/Ted Shaffrey)

This image shows the Nike handmade Moon Shoe, designed by Nike co-founder Bill Bowerman in 1972. (AP Photo/Ted Shaffrey)

A pair of 2017 "Air Jordan 11 Jeter Derek Jeter" shoes are on display at Sotheby's auction house in New York. Sotheby's expects the shoes to auction online for $40,000 to $60,000. (AP Photo/Ted Shaffrey)

A pair of 2016 "Nike Mag Back to the Future" shoes are on display at Sotheby's auction house in New York. Sotheby's expects the shoes to auction online for $50,000 to $70,000 (AP Photo/Ted Shaffrey)

A pair of 2016 "Nike Mag Back to the Future" shoes are on display at Sotheby's auction house. Sotheby's expects the shoes to auction online for $50,000 to $70,000 (AP Photo/Ted Shaffrey)

A Nike "Moon Shoe" is on display at Sotheby's auction house in New York. Nike co-founder Bill Bowerman designed the shoe's sole using his wife's waffle iron. The shoes were made for runners at the 1972 Olympic trials. Sotheby's expects the shoes to auction online for between $110,000 to $160,000. (AP Photo/Ted Shaffrey)

A pair of 2012 "Tom Sachs X Nikecraft Mars Yard" shoes are on display at Sotheby's auction house. Sotheby's expects two pairs of the shoes to auction online for $9,000 to $12,000 (AP Photo/Ted Shaffrey)

A pair of 2017 Adidas Karl Lagerfeld sneakers are on display at Sotheby's auction house in New York. Sotheby's expects the shoes to auction online for $35,000 to $50,000 (AP Photo/Ted Shaffrey)

A Nike "Moon Shoe" is on display at Sotheby's auction house in New York. Nike co-founder Bill Bowerman designed the shoe's sole using his wife's waffle iron. The shoes were made for runners at the 1972 Olympic trials. Sotheby's expects the shoes to auction online for between $110,000 to $160,000. (AP Photo/Ted Shaffrey)