The Air Jordan 3 Cool Grey will release officially on Saturday, February the 20th and retails for $190. The shoe was originally introduced in 2007 and is making its first return after nearly 14 years. According to Nike,
this retro AJ3 returns with true-to-form coloring and upgraded materials. With hits of sport red and orange peel on the tongue, eyelets, Air bag and heel tab, the upgraded construction features a genuine leather upper, matte-finished midsole and elephant print overlays on the forefoot and heel.
I ‘m pretty confident that the number of pairs of the Cool Grey 3 released will be similar to that of Carmine 6 ( they are both General Release shoes , so not much will be different). I’m not going to go through the same rigorous steps again and we’ll just agree at the outset that
200,000 pairs < Global Production <400,000 pairs
If you want to find out how I came up with these numbers, see link below
Now let’s see how the shoe is doing on the resale market
Resale Value Of The Jordan 3 Cool Grey
The chart above gives you a breakdown of the average resale value of the cool grey 3 per day since February the 12th. You can clearly see that the shoe resells for values between $246 and $251. I wrote a post last year in which I discovered that most GR ( general release) sneakers lose between 5%to 10% of their resale value by the time they release officially. But I think for the jordan 3 cool grey, we can expect the value to drop by 5%. So I’ll say that the average resale value will be anywhere between $230 and $240. Let’s see the sizes with the highest revenues.
sizes 7,14 and 15 have the highest returns ranging from $272-$280( obviously because these sizes are more scarce). Size 13 has a relatively decent return as well at $261. All the other sizes had values within the $237-$255 interval. As we agreed earlier, we can expect every single one of these values to drop by 5% upon release date. Folks are looking at profit margins within the ( $30-$40) on sizes 7, 13,14 and 15; for all the other sizes profit margins will fall within the ($20-$25). The shoe will certainly sell out.
Product Information/ Where To Buy
Air Jordan 3 Cool Grey
- Release Date: 2021-02-20
- Style Code:CT8532-012
- Color:Silver / Light Graphite / Orange Peel / Sport Red
You can purchase it right away on eBay from our featured sellers via authenticity guaranteed, CLICK HERE
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