Across the U.S., sneakerheads converged on Nike stores this morning to snap up the affordable Air Jordan 1 Low GS shoes.

These clean-looking kicks are retailing for a mere US$80.

On June 11, the newest Nike Space Hippie collection will be unveiled at prices ranging from US$130 to US$180.

The Air Jordan 1 "Tie-Dye" drops on the same day in the European Union and on June 26 in the U.S., with a sticker price of US$170.

So imagine shelling out US$560,000 for a pair of used Air Jordans.

In fact, that's what happened at a recent Sotheby's auction. But this wasn't any ordinary pair of smelly old sneakers.

These were game-worn by MJ himself in 1985—and autographed.

The buyer's name is unknown at this point. But the price set a record for sneakers at auction, surpassing the US$437,500 paid for the 1972 Nike Waffle Racing Flat "Moon Shoe" in July 2019.

There were 10 bidders for Air Jordan 1 shoes, ranging in age from 19 to over 50, from four continents.

The sale price was far higher than an original high estimate of US$150,000.