Top European birds have won global fame in recent years and particularly in China where pigeon racing can generate huge winnings.
The red, white and black sneakers, which are signed by Jordan, are estimated to sell for between $650,000 and $850,000.
Viewing started over the weekend and Monday, with doors to be open all day on Tuesday for prospective bidders to get a good look.
The business rescue practitioner has instructed the auctioneers to put the property back on the block for reauctioning on Tuesday at 11am.
Nearly 58 inches (147 centimeters) wide, the picture was the cover star of a recent retrospective at the Tate Modern gallery in London.
Property, earthmoving and construction machinery, as well as other equipment to come under the hammer.

Africa Nkoana-Mashabane in Angola for DRC peace framework meeting

The international relations minister arrived in Luanda last night and will lead the SA delegation.

Auctions How to invest in SA chaos

As part of the global economy, there are many ways to cushion your portfolio in times of crisis.

Auctions Lions without Cook and Tsolekile for Dolphins opener

The Lions finished almost 40 points clear at the top of the table last season.

Auctions Live World Cup twitter feed

Flank Jaco Kriel is back to lead the Xerox Lions against the Vodacom Blue Bulls for the Currie Cup match at Loftus in Pretoria on Saturday.

Auctions No takers for auctioned Jan Smuts property

A piece of land on the original farm of former South African Prime Minister Jan Smuts in Irene, Centurion, went unsold at an auction on Friday.

Auctions Former Jan Smuts property to go under the hammer

A 17-hectare smallholding on the original farm which belonged to former South Africa Prime Minister Jan Smuts will go on auction this morning.

Auctions Outlook for the car market

That’s the view of various market leaders whose comments come in the wake of the National Association of Automobile Manufacturers of South Africa’s (NAAMSA) report stating there was a 0.9% decline in new car sales in 2014.

Auctions Property, fleet on sale

SA Auction Group’s next auction in Gauteng will feature 2.42 hectares of prime commercial land that will come under the hammer as part of a major asset disposal operation on behalf of Randquip.

Auctions Good price for good stock

Bidders had to hit the N1 for one of the year’s kick-starter sales as Chico da Silva, the principle auctioneer of Consolidated Auction Group, brought the hammer down on a whole host of yellow metal machinery, heavy-haulage trucks and agricultural equipment.

Auctions Auction generates interest

With Eskom’s continuing woes, many companies and individuals are hunting for a generator.

Auctions Kimberley diamond rush

The Northern Cape is one of the most prominent mining areas in South Africa and Kimberley, one of the most well-known diamond mining cities in the world.

Auctions Paintings, tipples and trinkets

Bernardi Auctioneers’ year-end auction of South African art, wine, numismatics and jewellery will take place on Monday.

Auctions Last chance for collectors

Dunnes Africa Auctioneers is holding its final Antiques & Collectables auction for the year tomorrow at 10am.

Auctions Plush home up for grabs

‘Jaw-dropping” is without doubt the best term to describe one of the last properties Park Village Auctions (PVA) will bring to market in 2014.