Sotheby’s to Auction Rare Artist-Designed Nike Sneakers

While Nike made 150 pairs of the “NYC Pigeon,” other Cult Canvas items are even rarer. The auction consists of an unreleased test set of Dunk SB Lows developed by Japanese illustrator Katsuya Terada, commissioned by Nikes then CEO for addition in 2003s White Dunk Exhibition. Just 24 sets of the “For Love or Money” Dunk High Pro SBs designed by Futura, a New York contemporary of Keith Haring and Jean-Michel Basquiat, are understood to exist.Michael Laus “Gardener Wood” Nike Dunk Low Pro SB.
Possibly no pair in the auction combines Sothebys great art pedigree with tennis shoe culture like Cult Canvas test pair of the “Paris” Nike Dunk Low Pro SB. Incorporating components of works by anti-abstract artist Bernard Buffet (whose 1968 painting Clown sold for $939,500 through Sothebys last year), this particular test set integrates the artists signature clown and ballerina motifs. The 200 pairs of the “Paris” Dunk sold to the public are already items of fascination, but the distinct iconography on this especially well-preserved sample pair make them an even rarer find.While Sothebys assesses the worth of those Bernard Buffet “Paris” Dunks (the programs most pricey) in between $70,000 and $80,000, recent auction trends suggest the last list prices could reach the 6 figures. Previously this month, the first-ever Hip Hop– focused auction fetched $2.1 million, far exceeding the high-end of its $1.7 million quote. Back in June, a single-lot online auction for a set of Michael Jordans game-worn, autographed Nike Air Jordan ones commanded $560,000, shattering the $100,000-$150,000 estimate.Katsuya Teradas Nike Dunk SB Low.
Much like the Hip Hop auction, where approximately one in 4 individuals were novice Sothebys bidders, Cult Canvas also has the prospective to more introduce the prestigious auction house to a brand-new audience. The mere presence of a set of What the Dunks on Sothebys site is a sign that sneaker culture and the world of design are more closely connected than ever before.

The auction consists of an unreleased test set of Dunk SB Lows developed by Japanese illustrator Katsuya Terada, commissioned by Nikes then CEO for addition in 2003s White Dunk Exhibition. Only 24 sets of the “For Love or Money” Dunk High Pro SBs created by Futura, a New York contemporary of Keith Haring and Jean-Michel Basquiat, are understood to exist.Michael Laus “Gardener Wood” Nike Dunk Low Pro SB.
Back in June, a single-lot online auction for a set of Michael Jordans game-worn, autographed Nike Air Jordan 1sts commanded $560,000, shattering the $100,000-$150,000 estimate.Katsuya Teradas Nike Dunk SB Low.