March the 24th is going to be a BIG DAY for Nike; the brand is releasing a total of three marquee sneakers and each one of them is bound to have a substantial resale value. I wrote a post about all three releases this week, see link below
In this afternoon post , I wanted to determine the current market value of the Air Jordan 1 Game Royal. To do this , we’ll first need to come up with an estimate of the total number of pairs produced ( supply/demand). I wrote a post about the possible number of the Bred Toe 1 produced and I first came up with 975k pairs. I since revised the post and came up with 300,000 pairs instead. You can see the post below to see the logic behind my findings
The release map you see below is for the Air Jordan 1 Game Royal. It’s similar to the Release Map of the Bred Toe 1 so this solidify my argument that 300,000 pairs were produced.
THE MARKET VALUE
The data I collected came directly from eBay and it represents the latest 25 pairs that were sold. Let’s not forget that this colorway is not an OG one that has been retroed ( so it might negatively or positively affect the price). Here is the data that I collected:
It seems like there is one outlier in there ($227.50) so I’ll use the median instead of the mean to find an approximate value for the current market price. The median landed $259.99 so we can assume that the current market value is $259.99.
Now the question is will it go up or down after tomorrow? I think these will be slightly more limited than the Bred Toe 1 so I’m expecting the value to go up after tomorrow.
WHERE TO BUY?
You can also purchase them on eBay from our featured sellers, see listings below
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