Collection of rare sneakers acquired for $850,000

A collection of rare sneakers up for auction at the world-famous auctioneers Sotheby's has been acquired for $850,00 by a private collector.

The Stadium Good: the Ultimate Sneaker Collection included 100 rare sneakers, 99 of which have now been bought by international entrepreneur and collector Miles Spencer Nadal. He initially presented an offer to buy the entire collection, which includes highly-coveted sneakers by Nike, Air Jordan, Adidas, Yeezy and more. However, all but one consignor accepted the offer.

The final lot which includes the Nike Waffle Racing Flat 'Moon Shoe', remains open for bidding until 23 July, with a starting bid of $80,000. The Nike Waffle Racing Flat 'Moon Shoe' is one of 12 pairs made for runners at the 1972 Olympic trials. The 'Moon Shoe' was designed by Nike co-founder Bill Bowerman and hand-cobbled by one of Nike's first employees, Goeff Hollister. Due to the handmade quality, each pair is irregular and one of a kind. It is understood that this particular pair is still in unworn, deadstock condition.

Mr Nadal is also a collector of classic cars and has acquired 142 cars and 40 motorcycles. The collection ranges from the first motorized car in 1886 - The Karl Benz Motorwagen- and the 1955 Mercedes Benz 300 SL Gullwing, to the most modern of super cars. He plans to display his new collection of rare sneakers at his private museum, the Dare to Dream Automobile Museum in Toronto, Canada. 

According to Mr Nadal, "I have always been an avid enthusiast and appreciator of unique art and collectibles that represent innovative design, exceptional craftsmanship and new and exciting trends in pop culture. Acquiring such a range of contemporary classics is a unique opportunity to build a substantial sneaker collection of iconic proportions"

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