Nike has done it again with their latest collab release – the Nike Air Force 1 Low Gold Mountain. This shoe pays homage to San Francisco’s Chinatown neighborhood, one of the most iconic neighborhoods in the city. Established in 1848, this neighborhood is not only the largest Chinatown outside of Asia but also the oldest Chinatown in North America.
The shoe is a stunning tribute to San Francisco’s Chinatown. It features a clean White leather upper with a beautiful Pink gradient Swoosh and midsole. These elements perfectly represent the iconic Chinese red and gold color scheme. The most standout feature of this shoe is the lotus flower, delicately debossed onto the lateral heel. This beautiful flower symbolizes purity and enlightenment in Chinese culture and is a lovely nod to the artistic and symbolic nature of the neighborhood.
Moving on to the finer details of the shoe, the Air Force 1 Low “Gold Mountain” features Gold foil branded tongue tags and insoles with Chinese characters, adding a touch of elegance to its overall design. Additionally, the icy translucent outsole adds a modern twist to this classic sneaker. The subtle combination of heritage and innovation is what makes it stand out as a premium release.
Nike has a knack for keeping the Air Force 1 relevant and highly coveted. Their secret lies in collaborating with tastemakers from diverse backgrounds. The brand always goes that extra mile to ensure that every release represents and honors a particular community or subculture. The AF 1 Low “Gold Mountain” is no exception, as it perfectly showcases San Francisco’s Chinatown’s rich cultural heritage. For purchase purposes, see details below
Where To Buy The Nike Air Force 1 Low Gold Mountain
Style Code: FD0778-100
Release Date: May 9, 2023
The chart gives us a breakdown of the average sale price of the shoe on third party marketplaces since May 1, 2023. Prices went from $165 to $164 within a three day span, then down to $150 on May 5. They started increasing again between the 6th and the 7th and are currently $159, which is still below the suggested MSRP when tax is added. Let’s see what the five number summary shows.
Quartile Q1: 145
Quartile Q3: 166.75
The lowest sale recorded was $140 for a size 11.5 while the highest was $221 for a size 7.5. About 50% of the shoes sold between $145 and $167 and $221 was considered an outlier. Based on the records, the overall average sale price is $156 with a 10% volatility. So you can expect about 70% of the shoe to sell between $140 and $172.
At the current resale value, you’re looking at a -$17 loss, the next chart will show you the current earnings by size.
Out of 13 pairs sold, 9 led to losses sizes 7,8,9.5 10.5-14. And the larger sizes generated some very significant losses. Sizes 8.5 and 10 generated earnings under $10 while sizes 9 and 7.5 produced the most profit with $16 and $42 in returns respectively. But for these two sizes, only a single sale was recorded, which is too small of a sample, so I wouldn’t even recommend selling those two sizes.
In conclusion, this is certainly a shoe you don’t want to invest in, but it is however great news for buyers, especially those with larger sizes. You’ll be able to grab a pair under retail.
Images courtesy of Yankeekicks