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The 10 Most Valuable Sneakers on the Resale Market
By Tara Rahimi
The global sneaker resale market is projected to be worth over $6 billion by 2025, so if you're looking to invest, it's important to know which pairs are at the top of the heap. Luxury fashion retail company Farfetch has compiled a ranking of the most expensive sneakers on the resale market, and, perhaps unsurprisingly, anything from Kanye West and Nike dominates the list.
According to the company, when deciding the value of a sneaker, they're factoring in “its rarity, its condition, the prestige of the designers at that time, and the quality of the material used to create it.”
Below is the complete list of the 10 most valuable sneakers.
1. Louis Vuitton Kanye West x Louis Vuitton
Current Value: $29,235
This high-top, created as part of a collaboration between Kanye West and Louis Vuitton, has increased in value by 2532 percent since it debuted in 2009.
2. Nike Air Mag
Current Value: $14,617
Inspired by the 1989 film Back to the Future Part II, Nike’s iconic self-lacing shoe was created back in 2011 and limited to only 1500 pairs. Other models have come out in subsequent years, but the original is still on top.
3. Chanel x Pharrell x adidas NMD Hu
Current Value: $13,638
Only 500 pairs of this collaboration between Adidas, Chanel, and Pharrell Williams were ever made, and that scarcity helped increase its value by 1106 percent. The sneakers are now valued at over $13,500 a pair.
4. Nike Air Yeezy 2 Red October
Current Value: $8186
This bright red addition to Kanye West's Yeezy collection is hard to miss, but its value certainly wasn't hurt by the bold color choice: The shoes have increased in price by 3633 percent since their February 2014 release.
5. Nike Air Yeezy 2 Solar Red
Current Value: $7796
These Yeezys were created as part of Kanye West's collaboration with Nike. After being released in 2012 for $250, they're still in high demand, with pairs going for well over $7000, depending on their size.
6. (Tied) Nike Air Yeezy Blink
Current Value: $5847
These shoes were part of the first collaboration with Kanye West and sportswear giant Nike back in 2009, with an original price of $250. The "Blink" name comes from the color combo of black and pink.
6. (Tied) Nike Air Yeezy 2 Platinum
Current Value: $5847
Along with the Solar Reds, these were also a part of the collaboration between Nike and Kanye West. Starting off at about $250, these rare sneakers are now worth close to $6000.
6. (Tied) Off-White x Air Jordan 1 Chicago
Current Value: $5847
The Nike x Off-White collection of revamped classics continues to be in high demand, and the Jordan 1 shoe has continued to climb in price since its 2017 release.
9. Nike Lunar Flyknit HTM Milano
Current Value: $5701
These Nikes were exclusively released in Milan and London in 2012, and they were highlighted by their construction from Flyknit and Lunarlon technology, which help reduce their weight and work to better absorb impacts. These rare shoes have since gone up in value by 3800 percent.
10. Air Jordan 5 Retro T23 Tokyo
Current Value: $5116
Inspired by the original Air Jordan V model from 1990, these sneakers were exclusively released in Japan back in 2011 and have climbed to a value of over $5000.