As far as exclusive sneakers go, few sneakers get more exclusive than the self-lacing Nike MAG: 89 pairs were given away in a raffle, while another three are going to be auctioned off in London, New York and Hong Kong – the last of which has just finished with a winning bid that sits in the six figures.

Yup, according to a live stream video of the auction posted to the SneakerheadUK Facebook group, some lunatic paid a full $104,267 for a pair of MAGs. More than 100K for a pair of shoes. A pair of shoes. Yup. Money well spent, I'm sure we can all agree.

Watch Tinker Hatfield explain how adaptive lacing was developed for the Nike MAG.

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