The limited-edition, Back to the Future-inspired Nike Air Mag must-have shoes quickly climbed above $3,500 in the first night of bidding, with some models topping $4,000.
But the shoes are not self-tying, a promotional video confirmed.
Nike unveiled the Air Mag at an event in Los Angeles on Thursday, after a teaser sent shoe aficionados and geeks drooling. Only 1,500 pairs of the Nike Mag will be released, 150 per night for the next ten nights, making them the latest must-have geek item. Who cares about the iPhone 5?