Your math is also off. I got this Carmina shoe for $370 in the recent sale at Paul Stuart which is 42% lower than Alden's shell price. You might say I am not comparing apple to apple. But my question is why Alden never go on sale and restricting their retailer to discount the shoe. It seems J.crew / Alden are buying up all the shell and driving the price up. Is it legitimate for a single company to control all the shell supply? Btw the quality of the Carmina shoe is so much better.
You bought a shoe on a clearance sale that no one wants!
Just kidding my friend... Your tassels look great; a fine score. I probably would have given it a try at that price if the size were correct and it if it were in fact shell cordovan. Wear often and in great health your tassels.
On another note, I seriously doubt J Crew and Alden are buying up all of the available shell. How is it so easy then, to buy all of this shell from other producers that are so superior in quality and finish, not to mention doing an AE MTO in various shell colors?? Not sure I understand what "legitimate" means in your statement. Are you suggesting an antitrust investigation?