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Would you buy these??

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Tuffty
Jan
fmod Member
2003

Tuffty

Forum Moderator Posts: 152,160 Ruby Posts by user Forum Profile RuneMetrics Profile
https://www.bbc.co.uk/news/world-us-canada-59032756

A pair of trainers worn by the US basketball star Michael Jordan have sold for a record $1.47m (£1.1m) at auction.


I could not buy them myself. Not a fan but I wonder why they went for so much....

I can think of far better things to spend that amount of cash on including buying my house.

Would you buy them if you had the chance???? Comprehensive Account Security
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25-Oct-2021 15:42:18

Corder
Oct Member 2017

Corder

Posts: 27,892 Sapphire Posts by user Forum Profile RuneMetrics Profile
People really are into weird things :| Life is like a camera: Just focus on what's important, capture the good times, develop from the negatives, and if things don't work out, take another shot !

25-Oct-2021 15:57:28

Shyleagh

Shyleagh

Posts: 87 Iron Posts by user Forum Profile RuneMetrics Profile
I can think of three reasons:

1...Bragging rights.

2...May increase in value over time and sell them for nearly twice as much as buying price. The down side of this is, if the buyer or heirs wait too long to sell them, they may start hearing people say, "Michael Jordan? Who is he? Oh, that guy. He's nothing compared to Space Springer (fictitious name). Why would I want the shoes of a has-been when I might be able to buy Space's boots?"

3...Would rather spend money on a famous person's smelly shoes than an increase in quality of life for oneself, family or a stranger in dire need of a pair of $30.00 shoes.
Patience
is a
Virtue
, but
Life
is too
short.

26-Oct-2021 10:52:35

Archaeox
Dec Member 2011

Archaeox

Posts: 53,399 Emerald Posts by user Forum Profile RuneMetrics Profile
It's an investment. Nothing more, nothing less.

The expectation is that they will rise in value at a faster rate than some other commodities (e.g. art works). That expectation may or may not be realised.
~~~~ Just another victim of the ambient morality ~~~~

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27-Oct-2021 07:03:18

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