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1985 Air Jordan 1 Sells for $27K, Shattering Resale Records

Summary

  • A 1985 Air Jordan 1 OG sold for $27,027, the highest on StockX.
  • This resale price is over 41,000% higher than its original retail.
  • Rare Air Jordan 4 models also achieved $26,000 resale prices.
1985 Air Jordan 1 Sells for $27K, Shattering Resale Records

The resale market for rare sneakers has reached new heights, with a 1985 Air Jordan 1 OG "Black and Red" fetching an astonishing $27,027 on StockX. This sale marks the highest recorded transaction for an Air Jordan sneaker on the platform and signifies a dramatic increase from its original September 15, 1985, retail price of $65. This significant resale value, representing a premium of over 41,480%, underscores the enduring demand for early and rare Michael Jordan signature models.

Further demonstrating the high value of collectible footwear, several Air Jordan 4 models also saw substantial resale prices. A size 9 Air Jordan 4 "Wahlburgers" and a size 9 Air Jordan 4 x Travis Scott Purple (Friends and Family) pair both sold for $26,000. These Air Jordan 4 releases, originally retailing for $210, achieved an average price premium of 12,281%. The data compiled by Sports Illustrated from StockX indicates that rarity remains a key driver in the sneaker resale market, with older models often commanding the highest premiums.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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Property Code: 5571