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Robbie Briggs: The $2 million sneakers — and the other hot collectibles you'd better know about

Each Friday, the executives of Briggs Freeman Sotheby’s International Realty write about luxury, trends, business and more in the advertising pages of the Mansion section of The Wall Street Journal. Below is CEO Robbie Briggs' letter of September 29, 2023.

 

FROM MY PERSPECTIVE

 

You know, we are a lot more than luxurious homes and rolling ranches.

Because our brokerage is a Sotheby’s International Realty affiliate, we are also connected to the world of Sotheby’s — which offers everything from art and furnishings to wine and watches. We even get inside intel from the Sotheby’s team stationed here in Dallas, who helps North Texas collectors buy and sell.

We just had a private breakfast with that team and several of our agents, so I can tell you with certainty what is hot on the auction block.

One of the fastest-growing categories is sports memorabilia — think jerseys, balls and shoes. In fact, this April, Sotheby’s sold a pair of Michael Jordan’s game-worn Air Jordan sneakers [pictured at top] from the 1998 NBA Finals for more than $2.2 million. (Yes, million.) Do you have any sports collectibles? You could score big.

An especially hot sale this fall will be the Emily Fisher Landau Collection. On November 8 and 9, Sotheby’s will sell major 20th-century works owned by one of the greatest collectors of our time. On the block are stunners by Picasso [below], Mondrian, Léger, Ruscha, Johns and others.

Because we deal in beautiful homes, this is fun: For furnishing them, antiques and classics are back. Tastes are shifting and there is growing awareness about sustainability and the environment — valuing existing pieces rather than manufacturing new ones — and that is driving the demand. Sotheby’s next Classic Design Week series kicks off on October 6, offering European furniture [similar below], silver, ceramics and more. You will want to explore this one.

Have you ever wondered about the value of your collectibles? Drop me a line. I can connect you to our Sotheby’s experts, for valuations of your collections, trust and estate services, financing services and more.

You just never know what potential lies untapped in a jewelry box — or, these days, in a shoebox.

 

Robbie Briggs

CEO

Briggs Freeman Sotheby’s International Realty

rbriggs@briggsfreeman.com

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