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The Dramatic Fall in Value of the Grammy-Worn Nike Air Yeezy: From $1.8 Million to $180,000

In 2021, Sotheby’s auction house sold it for a sky-high price of $1.8 million. Nike Air Yeezy“Grammy-Worn” caused a sensation in the industry. Now, two years later, the same shoe has been sold for only $180,000, a staggering 90% drop.

The shoe first appeared on the Grammy Awards stage in 2008, when Kanye West Not only did it win four awards in one fell swoop, it was also used to sing the song “Stronger”. The shoes are customized with all-black leather and equipped with a luminous outsole, giving the overall look a thick and low-key luxury texture. At the recent Goldin auction, this pair of Air Yeezy started at US$50,000 and was sold for US$180,106 at the end of the auction. Compared with the price of Sotheby’s in 2021, there is a US$1.61 million difference. Many people believe that this is different from Kanye West’s. related to the decline in influence.

In October last year, Kanye West was terminated from cooperation with adidas, GAP, Balenciaga and other brands due to a series of anti-Semitic remarks. Since then, he has not changed his spicy style, and his personal reputation has been negative. last month,It is reported that he will release his latest album in Octoberit remains to be seen whether this can be used to reverse the disadvantages in the future.

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