VINTAGE NIKE SHOES: Nike has been in the fashion industry for over 30 years and has one of the most iconic brands in the world. The swoosh:
Nike shoes are not only the world’s largest sports footwear company, but they’ve also become a fashion phenomenon. Producing a million pairs of shoes every month, and with mind-blowing revenues – including earnings of $34.6 billion in 2017.
Famed for their footwear, Nike has created everything from track shoes to basketball sneakers. Some of which have been designed by famed athletes, such as Michael Jordan, Serena Williams, and others.
FACT: The most expensive vintage Nike shoes are the ones that were made in limited numbers and sold at a very high price when they first came out. They were usually worn by famous athletes and celebrities.
This top-5 is based on auction values and prices can fluctuate depending on demand and trends:
The Nike Mag (2011), $29,000
2011 isn’t exactly old, but with just 10-years on the clock, The Nike Mag is destined to be a vintage sleeper sneaker of the future:
The Nike Mag was created by Nike Inc. and is one of the rarest shoes going. It is a reproduction of a shoe featured in the movie Back to the Future Part II. The shoe was originally produced in 1989 and was later released to the market in 2011, and again in 2016.
Each launch was restricted to limited quantities. The 2011 release become restrained to 1,510 pairs, whilst the 2016 release became confined to 89 pairs.
Nike has said Mag isn’t created for heavy activity and ought to not be worn for recreational functions. They have been produced typically for display.
When it was released in 2011, 1,500 pairs were released for auction on eBay on the 8th of September 2011 with the price ranging from $2,300 and $9,959. All the proceeds were given to The Micheal J. Fox Foundation for Parkinson’s disease research.
Nike also sold 10 other pairs on live auction and they were packaged inside presentation boxes, a total amount of $4.7 million was generated from the auctions.
You can buy a pair of those 2011 sneakers for $29,000 today.
Nike Dunk SB “Paris”, $113,000
No vintage Nike shoe list is complete without a pair of SB Dunk Low “Paris”:
This pair of shoes need no introduction to sneakerheads. For non-sneakerheads, let’s start with rarity. It is rumored that only 120-200 pairs exist.
Then let us jump to style, the sneaker was launched in Paris, 2002, and was beautifully designed by the late French artist Bernard Buffet. Each pair carries a specific design, which makes this shoe even more desirable.
It is rumored that a London-based reseller, Proxyeed, sold a pair of these vintage Nike shoes for £100k. Which is about $113,000. According to the owner of Proxyeed, Ryan Thomas Symes, the shoe is one of the most expensive private shoe sales ever.
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The Air Jordan 1, $560,000
Last, but definitely not least is the Air Jordan 1. A vintage Nike sneaker, originally created in 1985 by Nike for the famous former baller, Micheal Jordan:
When an MJ autographed pair of shoes were auctioned at Sotheby’s in 2021, it broke the world record for sneakers at the time, selling for $560,000. Kanye West’s Yeezy’s now holds that record ($1.8 million).
The name of the buyer wasn’t disclosed by Sotheby’s but they did state that bids for these sneakers came in from four continents.