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Sotheby’s and Stadium Goods partner for auction of rare sneakers

The international auction house Sotheby's and sneaker marketplace Stadium goods partnered up for a first-of-its-kind online-only sneaker auction called the Ultimate Sneaker Collection. It featured 100 of the rarest sneakers in history. And much to everyone’s surprise 99 out of 100 shoes were bought by one man Miles Nadal who paid a whopping $850,000. Yahoo Finance's Reggie Wade has all the details.