American rapper, Kanye West, Sells First Yeezy Sneakers for $1m

<p><em>American rapper makes profit<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that the most valuable shoes&comma; belonging to Kanye Omari West&comma; an American rapper&comma; record producer&comma; fashion designer&comma; and politician&comma; go on auction&period;<br &sol;>&NewLine;Described as being influential in the 21st-century development of mainstream hip hop and popular music in general&comma; Kanye West’s first Yeezy sneakers ever worn in public&comma; are going on sale for over &dollar;1 million&period;<br &sol;>&NewLine;The Nike Air Yeezy 1 Prototypes&comma; which the American rapper debuted at the 50th Annual Grammy Awards in 2008&comma; will be among the most expensive sneakers ever to appear on the market&comma; according to Sotheby’s auction house&comma; which is organizing the sale&period;<br &sol;>&NewLine;Described in a press release as &OpenCurlyDoubleQuote;one of the most prized and sought-after sneakers in existence&comma;” the shoes will be offered via private sale after going on display in Hong Kong later this month&period; Sotheby’s did not reveal an exact asking price&comma; though it said it has valued the item &OpenCurlyDoubleQuote;in excess of &dollar;1 million&period;”<&sol;p>&NewLine;<p><img class&equals;"alignnone size-medium wp-image-8105" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2021&sol;04&sol;Kanye&period;&period;&period;&period;&period;-300x300&period;jpg" alt&equals;"American rapper" width&equals;"300" height&equals;"300" &sol;><&sol;p>&NewLine;<p>While there is no known record for private sneaker sales&comma; a seven-figure price tag would far exceed the current auction record of &dollar;615&comma;000&comma; set at Christie’s in May 2020 by a pair of autographed Nike Air Jordan 1s worn by Michael Jordan in 1985&period;<br &sol;>&NewLine;Put on the market by sneaker collector Ryan Cheng&comma; the prototype <a href&equals;"https&colon;&sol;&sol;www&period;washingtonpost&period;com&sol;">Yeezys<&sol;a> come in a size 12&comma; West’s shoe size&period; According to Brahm Wachter&comma; Sotheby’s head of streetwear and modern collectables&comma; the valuation derives from the brand’s cultural impact&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;This pair is critical to the development of the Yeezy franchise&comma; which has become one of the most important sneaker and lifestyle brands in history&comma;” he said&period;<&sol;p>&NewLine;