The Nike Dunk Low Midas Gold Is A Good Investment Option For Both Short & Long Term

The Nike Dunk Low Midas Gold Is A Good Investment Option For Both Short & Long Term
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Strike gold with these Nike Dunk Low Midas Gold sneakers! Named for the miners who struck it rich during the 1849 California Gold Rush, these shoes combine a trio of block colors – red, white and gold – with the brand’s iconic Swoosh logo. Made with smooth leather uppers and a white rubber outsole, these sneakers are perfect for anyone who wants to add some flashy flair to their wardrobe. But this isn’t what I’m here to discuss. The shoe released earlier in October and from the looks of it, it appears to be doing well on the resale market. So what I’m going to do is attempt to build an equation that will determine what the shoe will be worth in months or years to come. If you’re interested in purchasing a pair for retail, you’ll get another crack at it, see details below.

Where To Buy The Nike Dunk Low Midas Gold

  • Price:$100
  • Release Date: 2022-01-01
  • Style Code:DD1391-701
  • Color: Midas Gold / Tough Red / White

Retailers

Snipes

You can also purchase it now on eBay from our featured sellers via authenticity guaranteed, CLICK HERE

Now let’s see how the shoe is performing on third party marketplaces.

Resale Value

Nike Dunk Low Midas Gold Resale Value Vs Time

The chart above gives you the average resale value of the shoe since December the 26th. The current resale value is about $180 and that’s very good price considering that the retail is about $100. At this point, selling the shoes now yield to a profit margin of $58, which is really good. Let’s look at the five number summary for more insights.

Minimum: $148
Quartile Q1: $170.25
Median: $183
Quartile Q3: $200
Maximum: $245

25% of the shoes sold for values from $148 to $170.25, 50% sold for prices between $170.25 and $200 while another 25% sold for prices from $200 to $245. For those that are looking for short term returns , here are the sizes with the highest margins.

Nike Dunk Low Midas Gold Resale Value Vs size

You can use the chart above to see what sizes to aim for if you’re looking to resell the shoe right away. I’m more interested in the long term option so let’s see how the shoe is going to perform in years to come. First, we need to establish our equation.  But let’s take a quick look at the price progress first.

Nike Dunk Low Midas Gold Resale Value Long Term

The equation that best captures the data is:

Resale Value (long term)= $6.66 (t) + $147. The shoe has been gaining close to $7 every 15 -20 days. So we can make the following prediction for months to come, in case you were able to pay retail for it ,see table below

Time Projected Resale Value Profit & Margin
October 11, 2022 $273 +$142 ( 133.96%)
December 29, 2022 $294 +$161 (151.89%)
October 11,2023 $399 +$342.45 (323.07%)
December 29,2023 $420 +$360.38 (339.98%)

Let also see what would happen if you paid the current resale price , that is $180.

Time Projected Resale Value Profit & Margin
October 11, 2022 $273 +$93 
December 29, 2022 $294 +$114
October 11,2023 $399 +$219
December 29,2023 $420 +$240

Either you look at it, you’ll still be making good profits long term.

tayib salami
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