Determining sneaker value
If a sneaker collector has come across the exact pair of shoes they’ve been looking for, there’s a few checks they’ll make before committing to purchase. Some determinants of sneaker value include:
Sneakers in new, unworn condition will typically have a higher value than those with signs of wear and tear.
Rare and limited-edition sneakers are often more valuable than those that are more widely available.
This can be due to a variety of factors, such as limited production runs, exclusive collaborations, or special releases.
Vintage and retro sneakers can be highly collectible, particularly if they are in good condition and are from
a sought-after brand or collection.
The design of the sneakers can also impact their value. Certain designs, colour schemes,
and collaborations can be particularly sought-after among collectors.
Authenticity is crucial when it comes to sneaker collecting. Buyers and sellers will look for verification
of authenticity through official documentation, tags, and labels, or through third-party authentication services.
Ultimately, the value of a pair of sneakers is determined by market demand. If a particular style or brand is in high demand among collectors, the resale value of those sneakers is likely to be higher. As the market can fluctuate, it’s important to get high-end sneakers valued regularly. With changeable market values, some collectors might not be aware of the exact value of their sneakers, meaning brokers should speak to their clients to ensure they have the appropriate level of insurance.