Investing is always changing especially recently the stock market has experienced a stampede of ‘unusual investors’ for instance people like you and I who might know very little of how the stock market monopoly operates, but intrigued and interested in improving oneself financially.
You would have never guessed that possibly for the last four or more years, some people are moving the main attention from property investments into fashion. Wait…. the word “some” which is a vague description but the exact percentage has yet to surface and as soon as it does I shall be one of the first to bring the data to the ta{y}ble. The point I am throwing light on is for instance an apartment or house is not easy to come by for some right now so instead a sneaker investment makes sense —> right?!
This pair of Nike’s 1972 ‘Moon Shoe’ trainers smashed the record & sold for £345,000
Worn.. Torn.. Vintage.. Unused.. call it what you may but the value lays within a combination of authentication of rarefaction, rather than condition in most cases, and “unused” of course holds the top spot when a valuation is given. Which has proven to be argued in so many cases for instance with the ‘Moon Shoe’ which started the bidding at £150k and sold for a record breaking £345k.
sale is final & cannot be returned
‘Moon Shoe’ brief history
Nike co-founder Bill Bowerman, who was also an American athletics track coach, came up with the idea for a studded sole by using his wife’s waffle maker. Imagine how many times he attempted this and the amount off waffle machines he used. Sadly he was exposed to intense amounts of chemicals fumes whilst carrying out the experiments to create a running shoe sole and his determination never stopped his efforts to achieve what he dreamed of—the running shoe with a sole that gripped the ground. Sadly with little if any face protection the fumes quite possibly could have caused him health issues (not fully known) prior to his death. It was a remarkable invention that Bill discovered by pouring the rubber liquid into the waffle machine and allowing it to set, what it formed was the perfect studs that he could use for a running shoe sole. He carried out numerous tests with the waffle maker until he nailed the final prototype for the creation of a shoe that would provide enough track grip. Of course it was not just the sole Bill was concerned with at the time of designing the grip sole he gave thoughts equally to comfort, and support for athletes, which undoubtedly at that time played a significant role in the unfamiliar territory of running shoes with grips.
A well cushioned support would also be needed to withstand the traction from the studded sole, and equally an upper layer which was handmade acted as the shell for the finishing touch. Apparently the name “Moon Shoe” derived from the waffle molds print left on the ground and on the moon left by astronauts back in the late 60s.
The Nike “Moon Shoe” was a historic innovation for the brand and only a few pairs in existence, hence the extraordinary value that they hold in the present day. Nike really are holding the top position in the works of athletics, and are continuing to make history with the revival of classics, and a stampede of regular new designs that are immediately sold-out upon launching. Many are all holding their price and fast becoming a valuable asset to the ever growing Nike Tribes of all ages across the globe. Unbeknown to many is that currently your closet, wardrobe, loft, cellar, even under the staircase cupboards could be a “sneaker treasure chest”.
Checkout the current value of some Sneakers that I found 👇🏽you can thank me by leaving a comment
Nike continues to collaborate with so many different people from all aspects of life include and that does deserve some form of admiration so take a bow and if you don’t own a pair of Nike’s I would suggest you go make an investment for the sake of your “soles” 👣 www.nike.com
Photo shouts: https://www.nike.com
Auction: https://www.sothebys.com/en/
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Photo of sneakers: UK publication – can’t find where I took the photos from so sorry but hey I can’t mention them all could be Mirror or Sun even though I don’t read these newspapers..
Fashion Brands Behaviour 