A few weeks ago, we were treated to the Jordan 1 High Elephant Print, which I believe is one of the finest creations from Jordan Brand. Now, it is being followed by the Air Jordan 1 Low OG Black Cement, clearly inspired by the iconic Black Cement 3. The brand has attempted to revive this design with the women’s Gold Jordan 3 Cement that launched in October. Essentially, we are witnessing Jordan Brand skillfully repurposing their most popular colorways to produce some impressive variants. Based on my recent research, the Jordan 1 Low Black Cement is currently trending and highly sought-after, likely due to its understated colors that make it easy to wear.
The shoe features a Black, Muslin, Tech Grey, White, and Sail color scheme. It comes in an all-Black nubuck leather base with classic elephant print overlays and White Swooshes. The design is completed by an aged midsole atop a Black rubber outsole. For purchase purposes, refer to the details below
Where To Buy The Air Jordan 1 Low OG Black Cement
- Price:$140
- Release Date: 2023-06-24
- Style Code:CZ0790-001
- Color: Black / Muslin / Tech Grey / White / Sail
Retailer(s)
You may also purchase it on eBay from our featured sellers via authenticity guaranteed, CLICK HERE
Now let’s see how the shoe is performing on the secondary markets.
Resale Value: Jordan 1 Low Black Cement
The chart above gives us a summary of the average sale price of the shoe since June 22,2023. The last two or three days prior to the official release date of any shoe always provide us with great insights as to how it is going to perform on third party marketplaces. As you can see, the resale value went from $152 down to $140 within a 24 hour period, decreasing by $12. The five number summary will give us more information,
Minimum: 120
Quartile Q1: 140
Median: 147.5
Quartile Q3: 160.25
Maximum: 221
The lowest sale recorded was $120, Women’s size 9 while the highest sale was $221, women’s size 13. 25% of the shoes sold between $120 and $140 ( that’s retail and under, see next chart for exact sizes). 50% sold between $140 and $160.25 and another 25% sold between $160.25 and $221 ( this is the interval you want to aim for if you intend to resell this shoe). There were two outliers, $209 and $221 corresponding to women’s’ sizes 16.5 and 13.
The overall average resale value without the outliers is $148, with an 11% volatility, so you can expect about 70% of the shoes to sell between $124 and $164. At $148, you’re looking at a $13 loss if you were planning on reselling this shoe, that’s not good. But there are certain sizes that might be worth targeting, see chart below
Observations
79% of the sales, that is 11 out 14 sales generated losses with smaller sizes leading to more substantial losses. One sale led to a $7 profit, that is women’s size 8.5 while sizes 13 and 16.5 that were considered outliers generated $17 and $42 respectively. So what conclusions can be drawn about this shoe?
Unless you’re able to get them under retail from the Nike employee store, do not try to resell it if you’re a Day Trader. If you can get your hands on a men’s sizes 12 and above, you might be able to score a profit of $15 or more, but that’s about it. The shoe is definitely going to sell out via retail. This is also a shoe you want to keep you eyes on for the long term as prices might hit the low $200’s within a 14 or 18 month interval. So if you have investing capital, then I’ll suggest you go for larger sizes and sit on them.
