Sneakers

Nike Air Yeezy 'Grammy' Sample Sells for Loss of $1.6 Million

After setting a record for most expensive sneakers ever sold in 2021.

Image via Goldin Auctions

Remember when sneaker investing platform Rares bought the coveted "Grammy" Nike Yeezy sample for a record-breaking $1.8 million from Sotheby's? In a surprising turn of events, that exact sneaker just once again, but this time at a huge discount.

Auction house Goldin Auctions listed the aforementioned Nike Air Yeezy 1 samples in August for a starting price of $50,000. When the lot ended last night, the sneaker ended up selling for $180,106—a 90 percent drop from the previous auction. The grand total of the difference between the two sales sits at $1,619,894.

As the story goes, this size 12 sample version of the Nike Air Yeezy was made exclusively for Kanye West in 2008 and was worn by him at the 50th Annual Grammy Music Awards that year. That moment marked the first time that the public got to see the Air Yeezy 1. The silhouette was co-designed by West and sneaker industry vet Mark Smith, and this specific pair dons a stealthy black color scheme and a glow-in-the-dark outsole. The sneaker also comes with a custom wooden box that features lasered artwork designed by Smith.

While readers won't have a chance to own this historic "Grammy" Nike Air Yeezy sample, they can scroll through for a closer look at the shoe below.

Related Stories

Nike Air Yeezy 1 Grammy's Sample Front
sneakers

Kanye West's 'Grammy' Nike Air Yeezy 1 Sample Is Up for Sale

Kanye West's original Nike Air Yeezy 1 sample that he debuted in the 2008 Grammy Awards is up for sale. Click here to learn more about the listing.

Victor Deng1848 days ago
Nike Air Yeezy 1 Grammy Sample
sneakers

Nike Air Yeezys Sell for $1.8 Million, Setting New Record

The ultra-rare pair of Nike Air Yeezys worn by Kanye West just became the most expensive sneakers ever sold. But who acquired the grail shoes?

Victor Deng1835 days ago
Nike Air Yeezy 1 Grammy Sample
sneakers

These Nike Air Yeezys Sold for $1.8 Million. What Happens Next?

Sneaker investing platform Rares wants to turn the extremely coveted pair worn by Kanye West into a financial asset and let you buy shares of the shoes.

Brendan Dunne1827 days ago

Stay ahead on Exclusives

Download the Complex App