Sotheby’s and Stadium Goods Sell Sneaker Collection in Private Sale

The Sotheby’s and Stadium Goods sneaker auction took a surprising turn Wednesday morning when they revealed that 99 of the 100 sneakers on auction had been privately acquired by entrepreneur and collector Miles Nadal for $ 850,000.
The online-only auction of 100 rare and limited-edition sneakers from Stadium Goods’ Trophy Case, the sneaker purveyor’s collection of rare and coveted footwear, began on July 11, and included rare styles spanning decades such as the 1972 Nike Moon Shoe, Virgil Abloh’s MCA Chicago Off-White x Nike Air Force 1 sneakers, and the one-of-one pair of Chanel x Pharrell x Adidas NMD sneakers for Karl Lagerfeld. Nadal acquired all of the sneakers except for the Moon Shoe that Sotheby’s and Stadium Goods decided to keep on auction.
“We wanted everyone to have a chance at that,” said Sotheby’s global head of ecommerce Noah Wunsch. “We’ve had a number of clients reach out.”
Wunsch said that it is rare for a client to contact Sotheby’s directly. The conversation with Nadal began shortly after the auction went live, and they spoke with consignors before the sale. “I could not have predicted that this would happen,” he said. “I think it’s a fantastic outcome. It speaks to this category, how

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Sotheby’s and Stadium Goods Team for Rare Sneaker Auction

Sotheby’s and Stadium Goods are partnering on a global online-only auction of 100 rare and limited-edition sneakers that opens today and runs through July 23. The auction includes a public exhibition at Sotheby’s New York Gallery at 1334 York Avenue.
The sneakers, which have been provided by Stadium Goods’ Trophy Case, the company’s collection of the rarest items, span several years and date as far back as the early Seventies with the Nike “Moon Shoe” made by Nike cofounder and Oregon University track coach Bill Bowerman for runners at the 1972 Olympic Trials. That shoe is estimated at $ 160,000 given its unworn condition.
Other models expected to draw interest include Virgil Abloh’s MCA Chicago Off-White x Nike Air Force 1 sneakers that were on display at the designer’s “Figures of Speech” exhibit at Chicago’s Museum of Contemporary Art. 
“We spend a lot of time on our Trophy Case,” said Stadium Goods cofounder and co-chief executive officer John McPheters. “A good chunk of items we’ve already had. We’ve done a ton of work behind creating this list of shoes and it’s indicative of how this world has changed.”
Additional sneakers available for auction include the 2011 and 2016 versions of the Nike Mags from the

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