Sotheby's targets $1 million for rare Nike Olympic shoe
On the same day the Olympics opens this month, Sotheby's will put on sale running shoes made by Nike's co-founder for 1960s Olympian Harry Jerome that could fetch $1 million
Image: Diane Desobeau / AFPTV / AFP
The rare pair of track and field spikes designed by Bill Bowerman for Jerome, a Canadian sprinter who won 100-metre bronze at the 1964 Tokyo Games, features a red arrow that was a prelude to the famous Nike swoosh logo.
Sotheby's in New York will put the white lace-up shoes on sale online from July 23 to August 2.
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The auction house estimates that they could go for between $800,000 and 1.2 million dollars.
The sale comes as the market for rare sports shoes, previously seen as niche, soars.
In April, a pair of Nike Air Yeezy 1s worn by rapper Kanye West sold for $1.8 million, triple the previous record for sneakers.
