The sneakers are listed with a buy-now price of $1.5 million
One collector is poised to pull off an all-time flip this month at Infinite Auctions.
On June 1, a pair of Michael Jordan game-used Air Jordan X sneakers sold for $15,727.20 at Grey Flannel Auctions. Despite a letter of provenance from Jeff Schultz, a former Bulls executive, they lacked a photo-match.
Without a conclusive match to a specific game, the sneakers are worth considerably less.
But new evidence uncovered by RGU photo-matching has now found those sneakers were worn in Jordan’s second game back from retirement and first victory of the 1994-95 season. Few, if any, photo-matched sneakers from Jordan’s shortened 1994-95 season have surfaced at auction.
Jordan scored 27 points in the game, leading the Bulls to a 124-107 win.
Infinite Auctions has listed the sneakers in its “Goat Collection” auction with a buy-now price of $1.5 million.
The auction also includes a LeBron James NBA Finals jersey and Kobe Bryant’s playoff debut sneakers.
Even if the pair sells for the price of standard photo-matched Jordan sneakers, without any added value garnered from the significance of the “I’m Back” season, they should fetch multiples over its last sale in less than two months.
Photo-matching has come to prominence in recent years as not only a trusted authentication method, but also a powerful tool for collectors and investors to find arbitrage opportunities in the market — conducting their own research to acquire items at auction, match them to important moments and reap the rewards of the increased value.
Will Stern is a reporter and editor for cllct, the premier company for collectible content.
Category: General Sports