Sneakers by Adidas and Meisse named the ZX8000 Porcelain, are on display at Sotheby's.
Designed by adidas and German porcelain maker Meissen, the leather shoes were painted by craftsmen and are to set to make a new record.
Adidas's popular ZX8000 model trainers are an absolute eye-catcher and not to be worn.
The record has already been broken several times this year, most recently by a set of Nike Air Jordan 1s that Christie's sold for $615,000 in August.
The low estimate is one dollar in an attempt to encourage bidding, but auctioneers expect the final price to be at the higher end.
"There is that shift in the market looking at these sneakers as art," said Brahm Wachter, director of e-commerce development at Sotheby's.
The Nike Jordan 1's reportedly fetched a whopping amount of 463,000 pounds, beating the previous record held by Nike's 1972 Moon Shoes, reports a section of the media.
Sotheby's in New York announced on Thursday its first-ever auction dedicated to sneakers, underlining their fast-growing status as collectibles able to command tens of thousands of dollars.
Jason Wu did what few designers dare during New York fashion Week: He put on a live show Sunday with a tiny audience present in the middle of a pandemic.
French luxury label Chanel on Thursday raised a 600 million euro ($699 million) bond with clauses linked to its environmental goals, as firms in a sector under scrutiny from waste-conscious shoppers ratchet up green initiatives.
More than 100 shows are being held during the week that began Monday as well as scores of speakers who are noted names in the Russian fashion industry.
Our species has returned the favour by dumping mountains of plastic waste into the sea, emptying the deep blue of big fish, and poisoning coastlines with toxic chemicals and agricultural runoff that create dead zones bereft of oxygen.
For the spring-summer collection, the fashion house's men's studio drew on Abloh's signature tailoring, sending out elongated suits in pastels, jackets covered with wildflower prints.
Holders of the Abu Dhabi Summer Pass can ride the world’s fastest roller coaster at Ferrari World Abu Dhabi, meet their favourite DC Superheroes at Warner Bros. WorldTM Abu Dhabi, and enjoy more than 40 rides and slides at Yas Waterworld Abu Dhabi.