Nike's rare 'Moon Shoe' is sold for $437,500, shattering the auction record for sneakers

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Nike's rare 'Moon Shoe' is sold for $437,500, shattering the auction record for sneakers
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A rare pair of Nike's 'Moon Shoe' sold for $437,500, breaking the world auction record for a sneaker pair, according to Sotheby's. Designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials, it's the only known unworn set & one of 12 ever made.

Collector Miles Nadal purchased them Tuesday for $437,500, Sotheby's said. Nadal plans to display the sneakers at his private museum in Toronto, the Dare to Dream Automobile Museum.

The waffle-soled running shoes were designed by Nike co-founder Bill Bowerman for the 1972 Olympic Trials. They're one of 12 pairs ever made and the only known unworn set.

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