Nike never fails to impress the sneaker world with its interesting collaborations. The sports giant recently announced its new AF1 Gold Mountain collab, and it doesn’t stop there. The brand decided to add another gem to the collection, the Nike Dunk High Gold Mountain.
The shoe features a colorful Summit White, Desert Ore, Light Bone, Evergreen, Sail, and Yellow Gold color scheme. Its base is made from premium white leather, with the Light Grey suede overlays adding a stunning contrast to its design. One of its highlights, is the use of faux hairy suede on the Swooshes and heel tabs. This gives the sneaker a unique texture and appearance that cannot go unnoticed.
Another intriguing detail is the “Gold Mountain” logo that’s featured on the outer heel of the shoe. The logo pays homage to the nickname Chinese immigrants gave to the West coast during the California gold rush era in the 1840s. This nod to history adds a layer of depth to the sneaker, making it a must-have for those who value history and culture.
The final notable detail on the shoe is the use of gold Chinese characters on the tongue labels and insoles. It may seem small, but it adds an authentic touch to the entire design. The white midsole is a classic look that ties the design together, while the icy translucent outsole adds an unexpected twist. For purchase purposes, refer to the details below
Where To Buy The Nike Dunk High Gold Mountain
Style Code: FD0776-100
Release Date: May 9, 2023
Price: $135
Resale Value: Dunk High Gold Mountain
The chart above gives us a breakdown of the average sale price of the shoe by size, as well the earnings associated with each. As you can see from the records, 25% of the sales led to losses or no profit, sizes 5.5,8,10.5 and 11.5. Another 25% led to earnings between $10 and $20 ( sizes 7,9.5,12 and 14). Still another 25% generated profit margins between $30 and $40 ( sizes 8.5,9,11 and 13). Sizes 5,7.5 and 10 led to the highest margins with $49,$72, $72 generated respectively. So what can be concluded about this shoe? Should you resell it?
There are a variety of factors to consider. Some of the sales occurred about 35+ days before the official release date of the shoe, and that explains the relatively high prices on certain sizes. For example, the size 10 went from $372 on January 20, down to $206 on April 16, and currently selling for $130. So the generated earnings can be deceiving as prices are trending down.
You can see how the overall average sale price has declined over time. The highest averages were recorded between January and very early in May. The last three days paint a very interesting picture with averages between $150 and $160. At the current averages, you’re only looking at a +$3 profit margin, 2% mark up ( almost 4 times below average).
So I wouldn’t recommend reselling this shoe right now, prices will certainly pick up within a few months, so this shoe is only going to be an interesting investment if you’re looking for a long term option.
