Sacramento’s rare Nike shoes for men sell for tens of thousands

A Sacramento man was shocked when he learned how much a 47-year-old pair of running shoes was worth in his garage. said Dave Russell of Arden-Arcade. The pair of sweaty, battered old running shoes had been safely hidden away for almost half a century. In 1972, Russell was just 25. He qualified for the Olympic trials in the marathon event.When he arrived in Eugene, Oregon, for the meet, he received a unique invitation from a new shoe company few had heard of — called Nike – shirts that we’d like you to have. They’re very special, and we’d like you to choose a pair of shoes as a gift from us,” Russell recalled. The shoes were the first prototype of what is known today as the Nike Waffle Racing Moon shoe – and only ten athletes had them. “You can imagine, in 1972 it was just something very exotic,” Russell said. “They were handmade, the soles made on a waffle iron.” The shoes were also sewn by hand with fishing line. In 2016, one pair sold for $6,500. Last year, another pair that was missing the laces sold for $11,200. Russell was offered the same amount for his shoes, but his agent declined. “They’re in better shape and they’re worth more than that,” Russell said. “He just threw a number over there to see if it would stick to the wall – and he stuck to the wall. And, that was considerably, a pretty good amount of money.” Russell wouldn’t disclose the final price they agreed on, but he said it was more than four times the pair sold for $11,200. “It couldn’t have happened six months before or six months later,” Russell said. “They’re about to open a store, ‘Hey money is no object. These are rare shoes. We wish they were in our hotel.'” The Graduate Eugene Hotel bought his pair of shoes shoes and now displays them among their collection of 44 pairs of some of the rarest Nike shoes ever made. Russell said he is putting the money in a trust fund which will be left to his children. Meanwhile, on July 24, 2019, a pair of Nike Moon shoes sold for $437,500, making them the most expensive pair of shoes ever sold.

A Sacramento man was shocked when he learned how much a 47-year-old pair of running shoes was worth in his garage.

“For a long time they were in the rafters of my garage in a box next to my Christmas tree lights,” said Dave Russell of Arden-Arcade.

The pair of old, sweaty, worn-out running shoes have been safely stored away for almost half a century.

In 1972, Russell was only 25 years old. He qualified for the Olympic trials in the marathon event. When he arrived in Eugene, Oregon for the meet, he received a unique invitation from a new shoe company few had heard of called Nike.

“They invited us, ‘Please stop by our store. We have a few commemorative t-shirts that we would like you to have. They are very special, and we would like you to choose a pair of shoes in as a gift from us,” Russell recalls.

The shoes were the first prototype of what is known today as the Nike Waffle Racing Moon shoe – and only ten athletes got them.

“You can imagine in 1972 it was just something very exotic,” Russell said. “They were handmade, the soles made on a waffle iron.”

The shoes were also sewn by hand with fishing line.

In 2016, one pair sold for $6,500. Last year, another pair that was missing the laces sold for $11,200. Russell was offered the same amount for his shoes, but his agent turned it down.

“They’re in better shape and they’re worth more than that,” Russell said. “He just threw a number over there to see if it would stick to the wall – and he stuck to the wall. And, that was considerably, a pretty good amount of money.”

Russell wouldn’t disclose the final price they agreed on, but he said it was more than four times the pair that sold for $11,200.

“It couldn’t have happened six months before or six months later,” Russell said. “They’re about to open a store, ‘Hey money is no object. These are rare shoes. We would like them in our hotel.'”

The Graduate Eugene Hotel purchased his pair of running shoes and now displays them among its collection of 44 pairs of some of the rarest Nike shoes ever made.

Russell said he is putting the money in a trust fund which will be left to his children.

Meanwhile, on July 24, 2019, a never-before-worn pair of Nike Moon shoes sold for $437,500, making them the most expensive pair of shoes ever sold.

Comments are closed.