A couple of years ago, Nike and J Balvin released the Air Jordan 1 to much fanfare. Now, the pair is back with a follow-up: the J Balvin x Air Jordan 2 . Like the first collab, the shoe is a bold and colorful addition to any sneakerhead’s collection.
Constructed with a padded-style upper and LED detailing, the Jordan 2 Balvin is designed for maximum comfort and style. The shoe also features cloud graphics on the heels and lining, personal branding on the inner tongues, and a signature smiley face motif on the heels. Plus, the rubber outsole is glow-in-the-dark for added safety and visibility in low-light conditions.
In addition to being practical, the shoe is also a fashion statement. The cloud graphics on the heels and lining are a nod to J Balvin’s hometown of Medellín, Colombia, while the inner tongues feature personal branding that is instantly recognizable to fans of the singer. The best part? The J Balvin Jordan 2 is releasing in family sizing, so everyone can enjoy these stylish and comfortable shoes. If you’re interested in picking up a pair, refer to the details below
Where To Buy The J Balvin Air Jordan 2
Style Code: DQ7691-419
Release Date: September 15, 2022
Buy it now on eBay, CLICK HERE
Buy it now on StockX, CLICK HERE
As you can see from the screenshot above, the stock numbers are going to be relatively high per size. The shoe was initially released via Nike SNKRS exclusive access and a total of 14,820 pairs were made available. If we assume that the EA release represented about 1/3 of the entire inventory for Nike USA, then
Total number of pairs projected: 14,820 x 3= 44,460 pairs, let say 45,000 pairs just for Nike USA.
I’ll provide you with accurate numbers within the next 48 hours, stay tuned.
Resale Value: J Balvin Jordan 2
The chart above gives us a summary of the average sale price of the shoe since September 10, 2022. As you can see, the resale value has been increasing with time by roughly $13.7 every day. The shoe is trending up, which is interesting. This can be due to certain particular sizes, let us find our five number summary for further details.
Quartile Q1: 365
Quartile Q3: 426
The lowest the shoe sold for was $320, for a size 7, that will certainly result in a loss. 25% of the shoes sold for prices from $320 to $365 ( a size 7, a size 8, 6 size 8.5, 5 size 9 and a 10). 50% or the majority sold for prices between $365 and $426 ( you’ll see a breakdown of those sizes on our next chart). The top 25% sold for prices between $426 and $490 ( a size 9, 9.5, two size 10, 3 size 10.5, 3 size 11 a 12 and a 13). There were no outliers, which means that the distribution is normal. The overall average sale price incurred based on the numbers above is $399, resulting in a +$45 profit, a 14% mark up ( that’s below average, not very impressive).
7% of the sales resulted in a loss ( size 7), while 29% led to earnings between $10 and $30. 50% resulted in profit margins between $40 and $70 ( sizes 3.5, 9.5-11.5 and 12.5). Sizes 12 and 13 led to earnings of $92 and $135 respectively. So what can we conclude about this shoe?
For a shoe with such a high initial investment, the returns are not very impressive. You aren’t going to lose money if you pick up a pair, especially between sizes 9.5 and 13, but the best sizes to target are the 12 and the 13. They result in mark up between 29% and 42% ( two to three times above average). There is no doubt that the prices are going to increase with time, you can expect the average resale value to peak at $500+ within the next 14 months. So the shoe is certainly a relatively decent long term investment option ( only if you have working capital).
images via Sneakerbardetroit