The Air Jordan 1 High OG Lost & Found is a shoe that perfectly exemplifies Jordan Brand’s understanding of its customer base. The shoe is inspired by the concept of finding a vintage shoe hidden away in a storage unit, hence the name “Lost & Found.” And its overall design is reminiscent of a vintage sneaker. It even comes with special throwback graphic tissue paper, sale stickers, and a vintage-style invoice receipt.
The cracked leather gives the impression that the shoe has been well-worn, while the throwback graphic tissue paper and sale stickers add to the vintage feel. The invoice receipt rounds out the design details by giving the impression that this is a truly lost and found item. The shoe features a Varsity Red, Black, Sail, and Muslin color scheme, inspired by the colors of vintage shoes. The red represents the aged leather of the shoe, while the black and sail represent the colors often seen on vintage sneakers. The muslin color is used for the tongue to give it a more aged look.
Overall the Jordan 1 High OG “Lost & Found” is a great example of Jordan Brand taking a simple concept and turning it into an entire collection. The shoes are well-crafted and feature plenty of thoughtful details that make them truly stand out. If you’re a fan of classic sneakers or simply enjoy collecting shoes, then these are definitely worth picking up.
Where To Buy The Air Jordan 1 High OG Chicago Lost & Found
Style Code: DZ5485-612
Release Date: November 19, 2022
Buy it right now on eBay, CLICK HERE
The number of pairs made is going to be relatively high as you can see on the image above. A total of 24,944 pairs were released via Nike SNKRS Exclusive Access several days ago. If we assume that this makes up about 1/4 of the entire production via Nike SNKRS, then the total number of pairs produced courtesy of Nike is
Total ( Nike Snkrs)= 24,944 x 3=74,832 pairs
And if we assume that this represents about 1/4 of the entire production, then
Total ( for North America)= 74,832 x 4=299,328 pairs, let say 300,000 pairs.
I’ll provide you more accurate numbers in about 3 days , stay tuned. Now let’s see how the shoe is performing on third party marketplaces.
UPDATE: Here are the actual numbers by size courtesy of Nike SNKRS
size 3.5 ( 251), size 4 (827), size 4.5 (624), size 5 (820), size 5.5 (1049), size 6 (1724), size 6.5 (2007), size 7 (6445), size 7.5 (7669), size 8 (22520), size 8.5 (24377), size 9 (31785), size 9.5 (33990), size 10 (39729), size 10.5 (43875), size 11 (33319), size 11.5 (20331), size 12 (31733), size 12.5 (4954), size 13 (12125), size 14 (5016), size 15 (3112), size 16 (524), size 17 (160), size 18 (72)
Total= 329,038 pairs
Jordan 1 Chicago Lost & Found: Resale Value
We are looking at the average sale price of the shoe in terms of size, as well as the profits generated by each pair. The numbers are very impressive, the lowest profit generated was $66 for a size 4.5 and the highest was $175 for a size 14. 15% of the sales resulted in profit margins between $80 and $85 ( sizes 5 and 5.5). Another 15% led to earnings between $100 and $130 ( sizes 8.5 and 10.5). 58% ( that is more than half) of the sales produced earnings between $140 and $172.
Obviously sizes 9 and above are the best ones to target if you’re looking for homeruns. Mark ups for those sizes are between 68% and 92% ( 4.5 to 6 times above average). You can expect the current margins to slightly decrease by 1% to 3% when the shoe releases officially. This shoe has a lot of great potential, several weeks before it dropped , it peaked at $849, see picture below
Why am I saying this? Most people that buy the shoe will probably sell it for right around $300 or $350. But I can guarantee you that within the next 14 to 18 months, I won’t be surprised if prices peak at $800 or above. So If you have investing capital, I’ll say grab as many pairs as possible. Even at $300, this would still be considered a good investment because within a two year span, you’ll be looking at a 183% mark up which dwarfs the initial investment.