Cops had the last laugh on Gloucestershire gangster Isaiah Hanson-Frost, 22, when they auctioned off the 55-pair haul, for a quarter of their original price.
Gucci, Balenciaga, Christian Louboutin and Jimmy Choo trainers were sold to bidders around the world.
The gang member nicknamed Twinkle Toes was given the label because of his size 6 feet – and his obsession with blingy footwear.
At Gloucester Crown Court last year he agreed to hand over the shoes to the police in return for the prosecution dropping proceedings under the Criminal Property Act.
Four pairs of trainers went for the highest individual prices of £252 each and the total raised was £4,738, said Lee Baldwin of AMS Auctions at Leckhampton, Cheltenham.
Six hundred bidders registered to take part in an online auction in Cheltenham, Gloucestershire, yesterday.
“Some 600 people registered an interest – five times the usual number for one of our sales,” said Mr Baldwin.
“One pair of Christian Louboutin High Top trainers attracting the most interest.
“We had more than 100 bids. ‘Although we have seen it all over the past 20 years I must say that this particular auction is unique.”
Gunman Isaiah Hanson Frost was sentenced to six years in jail for shooting at a car carrying rival gang members.
Gloucestershire Constabulary, seized the £18,500 haul following his arrest, said the proceeds from the auction would go towards “fighting crime”.
In a tweet, the force said: “The designer shoe collection sold for nearly £5,000 last night – there were just short of 600 bidders from as far afield as Trinidad, Romania and the US.
“Funds will go towards projects across the county which help deter young people away from criminality.”
Hanson-Frost denied possession of criminal property but agreed to hand over his trainer collection.
He was jailed in April 2018 after admitting violent disorder and possessing a firearm with intent to cause fear of violence.
He was however, allowed to keep any Nike trainers worth less than £100.
Detective Inspector Dave Shore-Nye said it showed officers’ commitment to stripping the assets of those who have been funded through crime.
“We often see the reason for someone to commit crime is down to their own personal greed and to make money,” he said.
“We are keen to put a stop to anyone who is living a lavish lifestyle which has been funded through crime and this shows the level Gloucestershire Constabulary will go to in order to strip a criminal of their assets and then put the money to good use.”