StockX announced the launch of StockX Auctions on Wednesday, confirming the platform’s first entry into the premium auction space, starting with 28 sneakers as part of its launch.
Bidding on all lots will begin at $1 and carry no reserve.
Among the sneakers included in the first auction, which opens for bidding Thursday at noon ET, are Nike Dunk Low Off-White Futura Syracuse, Nike Mag and Dior B713 CACTUS JACK Mocha Mauve.
The company, which launched in 2016 and has become best known as a marketplace for sneakers, has sourced the lots for the initial auction itself, but plans to allow third-party sellers to consign lots in the future.
“Our community has consistently shown a passion for unique, hard-to-find items, so StockX Auctions is a natural evolution for us,” StockX CEO Greg Schwartz said in a statement. “This new experience creates a trusted, transparent, and genuinely exciting space where collectors can access items they’ve only dreamed of. By combining our verification expertise with real-time bidding, we’re expanding what it means to invest in culture."
StockX also plans to expand beyond the sneaker category for future auctions, including into game-worn and pop culture memorabilia.
Will Stern is a reporter and editor for cllct, the premier company for collectible culture.