Sotheby's Sale Of 200 Pairs Of Virgil Abloh Shoe Fetches $25 Million
NDTV
Virgil Abloh, a multi-talented DJ, architect and designer died in November at the age of 41 following a private battle with cancer.
Sotheby's announced Wednesday that an auction of 200 pairs of the Louis Vuitton and Nike "Air Force 1" sneaker created by late US designer Virgil Abloh had fetched a total of $25 million.
A spokesman for the auction house told AFP that the most paid for one of the pairs was more than $350,000 during the online sale that ran from January 26 to February 8.
The sums greatly exceed the initial estimates of Sotheby's, which had started the bidding at $2,000 and had predicted they would sell for between $5,000 and $15,000 a pair.
In the end, the sneakers, which ranged in size from five to 18, averaged more than $100,000 per shoe. The cheapest sold for just over $75,000.