Sotheby’s bidding for the rarest and most expensive streetwear items
Sotheby’s has spent the past two years facilitating one high-profile auction after another for streetwear and sneakers, and apparently the company has now seen enough of them to confirm that it’s not just about a phase.
The prestigious auction house announces today that it will permanently enter the streetwear market, starting with two rare Supreme collections. An assortment of over 200 Supreme skate decks will be auctioned off as a single lot, while an array of items from Supreme’s coveted collaboration with Louis Vuitton will also be offered for direct sale on an individual basis.
Brahm Wachter, Head of Streetwear and Modern Collectibles at Sotheby’s, said Grab The sneaker category has grown three times more than the company had forecast in 2021, the success of which informs their decision to go deeper into streetwear. “We want to take advantage of that,” he says, “and bring things to market that we think may be of interest to our customers. In 2022, our sales, sneakers and street wear will be significantly larger and will continue to focus on specific themes within the calendar year. ”
Interested in some ‘preme – The lot of over 200 Sotheby’s skateboards is expected to fetch between $ 80,000 and $ 100,000 and includes collaborations with artists such as Damien Hirst, George Condo and Takashi Murakami. The auction follows a full collection of every Supreme deck auctioned by Sotheby’s in 2019 for $ 800,000.
Auctions for the skateboard lot will open today through December 15, while a selection of items from Supreme’s historic collaboration with Louis Vuitton in 2017 are now on sale in the Buy Now marketplace. from Sotheby’s. Prices range from $ 475 to $ 6,785 and include some of the capsule’s most popular pieces, such as the LV Box Logo Monogram Hoodie ($ 1,460) and Jacquard Denim Jeans ($ 1,050).
Earlier this year, Sotheby’s broke the record for the most expensive sneakers ever sold with a Nike Air Yeezy sample first shown by Kanye West at the Grammys for $ 1.8 million in a private sale. Sotheby’s also broke the record for the most expensive pair of sneakers to ever auction, a record it held before, with a pair of Nike Air Ships worn by Michael Jordan in his rookie year grossing 1.5 million. of dollars.