.99 auctions with $50+ shoes legit?

https://preview.redd.it/0lvr1y6xljaf1.png?width=1920&format=png&auto=webp&s=9cbbf147bb837fcce38fc503c42d52c590a1902c

I was thinking of buying from this shop.
I seen they have close to 100 shoes at .99 that are worth 50+.
Is this legit? If so How can they make profit?