With the rise of 90’s basketball nostalgia, Nike continues to tap into its archives, delivering a plethora of popular silhouettes from that golden era. One of the latest is the Nike Air Max Penny 1 “Tiger Stripes”. Taking inspiration from Memphis Tigers—led by none other than Penny Hardaway himself—this classic silhouette is dressed in black and white with leather, suede and mesh materials throughout the upper.
The upper build of this shoe is a complex blend of leather, suede and mesh. Its signature cracked Swooshes appear once again, while the colorway’s “Tiger Stripes” run from around the lacing system to the sneaker’s heel. If you’re interested in picking up a pair, refer to the details below
Where To Buy the Nike Air Max Penny 1 Tiger Stripes
- Price:$190
- Release Date: 2023-02-02
- Style Code:FD0783-010
- Color: Black / Vast Grey / White / Black
Retailer(s)
You may also purchase it on StockX below retail, CLICK HERE
Air Max Penny 1 Tiger Stripes: Resale Value
The chart above gives us a breakdown of the average sale price of the shoe between January 25 and February 1. As you can see, the decline in the price was very rapid as it went from $224 on 1/25/23 down to $138 on 2/1/23. The last three days have been very consistent with the shoe selling for right around $138, about 27% below the suggested MSRP. Let me quickly give you the fiver number summary for further details.
Minimum: 125
Quartile Q1: 133.5
Median: 139
Quartile Q3: 152.5
Maximum: 224
The lowest the shoe sold for was $125, for a size 9 on 1/31/23 while the highest sale was $224 for another size 9, the sale was recorded on 1/25/23. So you can see how rapidly the price dropped on this particular size. 25% of the shoes sold for prices between $125 and $134 while half of them sold for prices from $134 to $153. Another 25% sold for prices from $153 to $224. The $224 is obviously the only outlier ( irregular value). With this outlier removed from the data, the overall average sale price is $143, about 25% below the MSRP.
At $143, you’re looking at a -$72 loss so good luck reselling this shoe. This is probably because it is probably available at the Nike Employee store where it is being sold for up to 50% below its suggested retail price. What’s the verdict?
Verdict
If you’re a day trader, do not even consider reselling it at all. This is another major win for buyers, you’ll be able to grab a pair for significantly lower than the MSRP. This is also a good shoe to invest in for the long term. Nike probably won’t release this colorway for another ten years or more. You can expect prices to hit the $260-$300 mark within the next 18 to 24 months. At $140, this is a golden opportunity, so I’ll say grab a size run at least and sit on it, you won’t regret it.
Penny 1 Performance Review
Cushioning
The Air Max Penny 1 is the first prototype of the LeBron series, according to Weartesters. The shoe has a zoom air unit in the forefoot and an air max unit in the heel. However, he says that the size of the air max unit is not comparable to the original 1995 pair. The shoe is similar to the LeBron 9, which Weartesters’ Chris refers to as the modern Penny. The primary takeaway in terms of cushioning is that the upgraded Penny 1’s cushioning is as near to walking on clouds as you can get. He explains a few other important facts about the midsole, and I recommend viewing the video below thoroughly.
Materials
The Nike Air Max Penny 1 Orlando does not disappoint when it comes to being cheap. The uppers are made entirely of synthetic materials, which is to be expected given Nike’s love for saving money. However, this does not mean that the quality of the shoe is compromised in any way. The synthetic nubuck is just as durable as real nubuck, and it looks just as good too. In fact, many people actually prefer the look of synthetic nubuck to real nubuck, so Nike’s use of it on the shoe is a savvy move.
Traction
For years, the Penny 1 has been revered as one of the best basketball shoes of all time. And it’s not hard to see why. The shoe was built for Anfernee “Penny” Hardaway, a guard who enjoyed pushing the tempo and was also a known slasher, so traction had to rank high. And the shoe doesn’t disappoint in that regard. It’s equipped with a full rubber outsole that offers durable traction on any surface.
Weight
The Nike Air Max Penny 1 is a heavy shoe. That shouldn’t come as a surprise to anyone familiar with 90’s footwear. Most shoes from that era were built like tanks. The Air Penny 1 is no different. It weighs in at 0.78lb, which makes it one of the heaviest shoes on the market today.
Lockdown & support
Hardaway was a shoot first guard who contorted his body a whole lot, which means he needed all the support he could get. As a result, the Air Max Penny 1 has a lace-up closure for a secure fit, as well as a Phylon midsole that extends up the lateral side and forms a support wing. This shape is ideal for fast side-to-side motions since it provides good lockdown and support.
Ventilation
If you’re looking for a shoe to keep you cool in the summer heat, the Air Max Penny 1 is not the sneaker for you. While it features a Visible Air-Sole unit in the heel for cushioning, the rest of the shoe is lacking in ventilation. As a result, your feet can quickly become hot and sweaty when worn during warm weather. In addition, the lack of airflow can also lead to an unpleasant smell developing over time. So if you’re looking for a sneaker to help you beat the heat, you might want to give the Penny 1 a pass.
Sizing
According to Chris from Weartesters, if you have a wide foot, the shoe fits according to size, however if you have narrower feet, go half a size down.
Overall Evaluation
You can’t go wrong with the Air Max Penny 1. It’s got everything you could want in a shoe and then some, with the exception of proper ventilation. But really, that’s not much of a downside when you weigh it against all the other positives. For starters, the key elements are all there, and it’s got a great aesthetic. It screams the 90’s, which is bound to please any fan of that era. My grading would be a 90% or A-, which means it is a must cop.
images courtesy of Sneakernews
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