How much did you pay for your last sneakers? Probably not as much as these sneaker afficionados did. Sneakerheads, as they're called, collect and trade rare sneakers that can run up to the thousands of dollars:
Two teenage boys eye rows upon rows of sneakers, sizing each up for rarity and signs of use. One of the boys points to a pair of limited-edition Nike Yeezys and said he is buying them for a friend.
"How much is he paying for it?" asks the seller, 15-year-old Alex Asfar.
"16," the boy responds.
When they say "16," they mean $1,600.
"16, there you go," Alex said, counting the wad of cash and handing over the shoes.
Darren Rovell and Brandon Baur of ABC Nightline report: Link