The Air Jordan 12 Utility Black will silently release on August the 21st and retails for $200. I used the word silently because Nike is dropping so many sneakers that some get overshadowed in the process. This week end, the most anticipated shoe is the Jordan 1 High Pollen. This is back to school week so I’m not surprised that Nike is flooding the market. Here is the backstory of the Utility Jordan 12 courtesy of Nike,
The outsole is composed of 3% Nike Grind materials, which are made from recycled scrap and end-of-life shoes. From there, a utilitarian inspiration was born out by finishes like a ballistic mesh tongue, a premium nubuck leather mudguard, and a premium leather upper.
The shoe features an all black upper with bright crimson highlights on the mid section tab and tongue’s branding, silver eyelets, black liners, a red insole and a speckled midsole. For purchasing purposes, refer to the release details below.
Air Jordan 12 Utility Black Release Details
- Release Date: 2021-08-14
- Style Code:DC1062-006
- Color:Black / Black / Bright Crimson / White
You can also purchase it on eBay right now from our featured sellers via authenticity guaranteed, CLICK HERE
The chart above gives you a breakdown of the average resale value of the shoe by day since August the 6th. It’s an interesting trend, it started in the low $300’s decreased to the $280’s within four days and started to increase again and now it’s in the low $300’s again. I tried to find the equation of best fit and the polynomial model fits it best.
The resale value is summarized by the function Value= $317-13 (t, time elapsed sin Aug 6) + 1.6 (t^2)
The average resale value based on this model by August the 21st is= $482 which is a terrible estimate ( this is a model breakdown). I believe the shoe will probably decrease by 10-15% by the time it officially releases and we can set the average resale value within the $250-$270 range.
img via Nike
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