What did you do with all of your sneakers?

[pebblegrain]

Originally Posted by bryanayrb

all i can say is collecting sneakers is a hobby that you can regain your losses from. not every hobby is like that
Not if the bubble has burst, which it did around 08-09. I had a bunch of co.jps, SBs, HTMs, 95s etc. I sold every single one in 2008-09 for profit. If you didn't sell at that time, you are in a shithole, unless you have a very few rare shoes which still command a high price (for example, Stash BWs, etc). But of course, this is presuming you bought the BWs for a good price. If you are the typical sneakerdork and bought them for $300, you are still in a **** hole. Do you know what signalled the peak of the market? When Ben Baller sold his entire collection for $100k+ on ebay. He knew what the **** was going down. I still own about 5 pairs to wear that I really like (Air Safari 87 see sig, AJII Cement, NB 577), the rest are gone. Good riddance

 

[pebblegrain]

Originally Posted by slack tide

I'm totally not schooled on how prices are currently on rare Nikes. Generally speaking, have they been depreciating in value? I know there are exceptions, but again, just in general..

They reached some spike in interest (and resale value $$) around 2008 and it's been on the decline since?

Yes, definitely. Look up any shoe you wanted at the time and remember going for $200, they go for $70 now.

 

[jet]

They're all in RFX's closet.

I knew the bubble would burst, people thought they'd hold onto them forever were pretty shortsighted.