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Supreme skateboard collection auctioned for US$800,000
A COLLECTION of all 248 skateboards produced by streetwear brand Supreme has been sold for a record US$800,000 at a Sotheby's online auction.
Supreme, founded by British designer James Jebbia and established in 1994 in New York's Soho neighbourhood, gained a special status among skateboarding connoisseurs with its streetwear-inspired clothing.
Starting in 1998, it also began offering quality, limited-series boards designed by big-name artists like Jeff Koons, Damien Hirst and Richard Prince.
The collection, sold in a two-week online auction that ended last Friday, included Louis Vuitton-monogrammed decks, a series of Last Supper decks and a tribute to Nike Air Jordan sneakers.
Also in the collection was a custom-made Louis Vuitton trunk worth several thousand dollars.
The entire Supreme production was brought together by Los Angeles collector Ryan Fuller, who began his long quest in 2005.
"I tried to hold off on buying decks for as long as possible because I knew once I started I'd have to have them all," Mr Fuller said in a video released by Sotheby's.
While the collection was sold on the lower end of its estimated value - up to US$1.2 million, according to Sotheby's - it is by far a record for skateboard sales.
In 2012, a board owned by skater Jamie Thomas was purchased for US$38,425 at a charity auction organised by the Tony Hawk Foundation.
And in June 2018, at a sale organised in Hong Kong by Sotheby's, a series of eight custom boards designed by American artist Kaws was auctioned for US$55,700.
"We've seen an increase in value of skateboards over the last five years and it's a category we're really interested in doing more," said Sotheby's global head of e-commerce Noah Wunsch.
"It's considered art. People like living with these boards," he said. AFP