The white, black and red shoes, made for Jordan in 1985 and autographed by the NBA legend himself, dethroned the reigning "Moon Shoe," one of Nike's first sneakers, a pair of which sold in July 2019 for $437,000, also at Sotheby's.
The latest sale highlighted the soaring market value of objects identified with the retired basketball superstar since the release of 'The Last Dance', an ESPN/Netflix documentary that chronicles the saga of Jordan and his Chicago Bulls.
It also confirms that the lowly sneaker now has a place of pride in the world of wealthy collectors alongside more traditional collectibles.
The pair of Air Jordan 1's in the "Chicago" color scheme, the most emblematic model of its generation, easily surpassed Sotheby's pre-sale estimate of $100,000-$150,000.
The Air Jordan 1 is the first model specially created by Nike for Michael Jordan, who wore them in his first season in the NBA.
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"I think the game-worn Air Jordan 1's are the most iconic sneakers of all time," the seller, collector Jordan Geller, told AFP at the start of the sale.
"They are so recognizable and they conjure up so much nostalgia, which I think gives them a very special appeal. The fact that these shoes were game-worn by Michael Jordan takes them to a whole other level," he said.
Unlike the Air Jordan 1's, the "Moon Shoes" sold last year had never been worn.
Before Sunday's sale, the record for athletic shoes worn by an athlete was held by the leather-soled running shoes in which Britain's Roger Bannister became the first person ever to run a mile in less than four minutes, in 1954.
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They were bought for $409,000 by an anonymous collector in 2015 at auction at Christie's in London.
From 'Pink' Diamond To The World's First Microchip: Items That Failed To Sell At Auctions
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In 2016, Sotheby's had a manuscript by Ludwig van Beethoven up for auction. The single-page manuscript was described as the "Autograph manuscript of the 'Allegretto' in B minor for string quartet (WoO 210), composed for an English visitor to Vienna in 1817". It has the words "composed and written by Beethoven himself November 29, 1817 at Vienna" inscribed on it. The manuscript was expected to fetch about 200,000 pounds. The auction house made a statement that there were no takers because of a Beethoven scholar's claim that the manuscript was not authentic.
Image: Sotheby's
In 2016, Sotheby's had a manuscript by Ludwig van Beethoven up for auction. The single-page manuscript was described as the "Autograph manuscript of the 'Allegretto' in B minor for string quartet (Wo..
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In 1996, Albert Einstein's earliest available manuscript in which he elaborated on his theory of relativity was auctioned by Sotheby's in Manhattan. The item, which was expected to sell for $4 million-6 million, failed to meet the minimum bid. The 72-page untitled manuscript was written in 1912, seven years after Einstein's special theory was first published.
In 1996, Albert Einstein's earliest available manuscript in which he elaborated on his theory of relativity was auctioned by Sotheby's in Manhattan. The item, which was expected to sell for $4 millio..
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In 1958, Jack Kilby at Texas Instruments made the world's first microchip by hand. The second prototype of this historic chip went under the hammer in 2014, but failed to meet the reserve price. Kilby won the Nobel Prize for the creation of the microchip and his other contributions to the computing era. Christie's had estimated that the chip would bring in between $1-2 million.
Image: Christie's
In 1958, Jack Kilby at Texas Instruments made the world's first microchip by hand. The second prototype of this historic chip went under the hammer in 2014, but failed to meet the reserve price. Kilb..
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Cook was a famous explorer and was the man who claimed Australia for Great Britain in 1770, naming eastern Australia 'New South Wales'. One of Cook's wai st coat s passed through a few hands, including Australian pianist Ruby Rich who altered it to suit a woman's body. It landed up in an auction in 2017. The 250-yearold waistcoat was valued close to $1.1 million by Aalders Auctions.
Photo: Aalders Auctions
Cook was a famous explorer and was the man who claimed Australia for Great Britain in 1770, naming eastern Australia 'New South Wales'. One of Cook's wai st coat s passed through a few hands, includi..
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Father Jamie McLeod had bought an artwork from a small antique shop in Cheshire for £400. It later came to light that the artwork was an original Van Dyck painting. It was discovered after a television show evaluated the painting. In 2014, Christie's set an estimate of 400,000-500,000 pounds for the painting titled 'Head Study of a Man in a Ruff', which failed to sell.
Image: Christie's
Father Jamie McLeod had bought an artwork from a small antique shop in Cheshire for £400. It later came to light that the artwork was an original Van Dyck painting. It was discovered after a televisi..