The Air Max Penny 1 is a sneaker that needs no introduction. First released in 1995, the shoe was designed for NBA All-Star and Orlando Magic guard Anfernee “Penny” Hardaway. The shoe features a large Phylon “wing” on the midsole, which provides unsurpassed cushioning and support. The Penny 1 was an instant classic, and it remains one of the most popular sneakers to this day.
After a brief hiatus, the Nike Air Max Penny 1 Orlando is making its long-awaited return in a few days. The sneaker will feature the same Black, Varsity Royal, and White color scheme as the original release, making it a must-have for any fan of the 90’s sneakers. If you plan on scooping up a pair, refer to the details below
Where To Buy The Nike Air Max Penny 1 Orlando
Colorway: Black/Varsity Royal/White
Style #:DN2487-001
Release Date: July 1, 2022
Price:$170
Retailer(s)
You can also purchase it on StockX, CLICK HERE
Air Max Penny 1 Orlando: Resale Value
The chart above gives us a breakdown of the average sale price of the shoe since June 16,2022. The last three days are always the most interesting. They show us that the shoe is trending up with prices. The current resale value is $271 and with the current supply being limited, I don’t see the average price decreasing when the shoe officially releases. Let’s find the five number Summary for further details:
Minimum: 150
Quartile Q1: 243.25
Median: 274
Quartile Q3: 297.75
Maximum: 421
The lowest sale recorded is $150 ( size 7.5) while the highest sale was $421 (size 11.5). But the 11.5 since went down to $255. 38% of the shoes sold for prices from $250 to $275. 13% sold for prices from $150 to $200. 10% sold for values from $200 to $250. And 39% sold for prices from $275 to $400. So based on these records you’re more likely to sell your pairs from $263 or $337. Now I have to mention the outliers, there were about five, Set of outliers: {150, 400, 400, 400, 421}. One is on the low side and the other four on the high side, and they correspond to sizes 7.5, 8.5,12,13 and 11.5.
With the outliers removed, the overall resale value is $266, leading to a profit margin of +$62, that’s a 35% mark up, pretty good. The chart below will show you the current earnings per size sold.
As you can see, this is a shoe that is generating some pretty decent returns dependent on the size acquired. So what’s the verdict?
Verdict
This is a good investment option and you’ll definitely make some money reselling it. Use the charts above to see what sizes to aim for.
1. Which do you think is better, the Nike Air Max Penny 1 or Foamposite one?
2. What was your first experience with the Penny 1?
3. Who do you think designed the shoe ?
4. How do you think Nike came up with the idea for the Air Max Penny 1?
5. What are your favorite memories of wearing it?
