February 17, 2012 BY John Kim / 59
With the popularity of sneakers experiencing a meteoric rise over the last few years, prices of the most sought-after sneakers in the ‘re-sale’ market have risen to unprecedented levels. The “collectible” nature of sneakers (particularly Air Jordans) has also played a role in the appreciating value of kicks, with the most priciest category being the ‘Player Exclusive’ or ‘Sample’ – shoes that are created for specific athletes or as production samples with no intent to release to the public. The rarity of these items have made these the crown jewels for sneakerheads, and with no true suggested price, the bar is set by the seller, with the final value of the shoe being undetermined until the item finally sells. A prime example of the priceless nature of these items is the ‘History Of Flight’ Collection that has begun to pop on for sale over the last two weeks; the shoes, originally displayed at NikeTown locations as a tribute to the Air Jordan, are currently available on eBay and priced in a range from $3,500 to $6,500, which are startling figures compared to the current $160-$180 MSRP of Air Jordan Retro releases.
Last week, Sneaker News stumbled upon one of the most tantalizing Air Jordan samples ever seen – an Air Jordan XI in a full tonal-black colorway; the shoes were listed on eBay as a true auction by a seller aptly named ‘brokeonjordans’, but by auction’s end, we can make the safe deduction that he’s no longer broke – in fact, he’s $11,267 richer (before eBay fees and shipping costs). The ‘Blackout’ auction didn’t just grab the attention of the sneakerhead community, but piqued the interest of auction buffs and became the focus of a recent article by whatsellsbest, which details notable eBay auctions; due the heightened popularity of the Air Jordan XI, over 43,000 people visited the auction and sixty-six bids totaled up to the $11,267 figure, which topped the eBay ‘Clothing’ category (an amazing feat considering the millions of Clothing items currently up for sale). The winning bid for the Air Jordan XI ‘Blackout’ can actually pay for a number of things, like a brand new Nissan Versa, a remodeled kitchen, three pairs of Nike Mag 2011s, a massive spending spree at Flight Club, and, well, the list is really endless. So, is the Air Jordan XI ‘Blackout’ really worth $11,627, or did it just strike while the iron was incredibly hot? Let us know your thoughts on one of the craziest sneaker auctions in history, and if you want catch up on the hoopla, you can revisit the listing from brokeonjordans on eBay.
Tags: Air Jordan XI
they should just release this shoe. im sure enough they will make even more money in a release. its a sick shoe.
it probably was a zero feedback bidder who didn't pay haha Why is this fucking nike letting us europeans pay always more then you fat americans!!! And always lucky with the releases also!! Fuck these bitchezzz
If you saw the guy wearing these, you would know that he payed the price of a small car for a pair of shoes, and that these will release down the track anyway... so you would just laugh at him. $11K just to be humiliated? No thanks. Either someone with more money than sense, or a rapper(same thing). Slash hypebeast.
this cant be life son paint cost like $10-$20 get some space jams paint the mid black call it a day this is ridiculous
First of all some body obviously has money to burn. Secondly this should be great for us, because if some idiot, I mean some guy will pay 11,000 plus for this color-way the masses would surely pay 170 dollars for em'. It's only time before we see these in production.
Soooo What else come with the shoe ? 11k shit no not for them shits . not even tough shits look like flake
To even think about spending that much for kicks is mind boggling for me, unless the winner is wealthy. If he felt it worth it, goof for him, but I can't fathom that. Side note: white cements in a few hours!
Even tho these are 1 of 1... 11 Gs??? U can get 2 pair of each monthly retro, foams, and still have do left over to grab sum nike mags & a vacation to hawaii
They come out soon and my source is getting me a pair at retail lol it's ginna be bananas when they hit
Nice J's...but for 11k I can buy a shitload of kicks for a long while. At least the seller offered free shipping.
Those sneakers better be touching the pedals of a Ferrari or lamborghini! Def not worth it, cause you know Nike will drop these eventually.
Don't worry guys these will release soon but very limited according to my connect. Hey at least you wont have to pay $11 000 for them.
Thats OD... If I had the money to blow I would have definitely copped too... But for my average sized pockets... Thats just too much for a pair of kicks that cost $5 to make and were pretty much made my accident...
This sample is sick but its not worth paying 11000 bugs. i just have to think of the yellowing of the sole.. ahh
If you actually followed the bidding, these cats had verified funds. You think he'd sell shoes to zero feedback bidders in the 5 figure range? Look at the thread for the bidding and see he deleted numerous bids until they could verify funds.
Jay-Z probably grabbed these up. He even said "Whats 50 grand to a muthafuuucka like me can u please remind me"
hell yea they're coming out. good that u have ur "connect" . i hope my "connect" santa clause comes threw this year.
The Rarest Air Jordan 11 PEs in History Just Went Up For Sale by John Kim 53 c Comments