Source: Air Jordan 4 Retro ‘Royalty’. Nike+ SNKRS
I did a SYBTF on the Take Flight 8 and it appears that on the day of release, my projection in Check 1 and 2 are holding true. The shoe hasn’t spiked in resale, but it’s early. I eventually gave the Take Flight a +6 with the potential for a Tier 2 resale… but right now, if you bought that joint for retail, you’re losing money on it on eBay. The average sold price is 219.99. On StockX the highest bid is 210, but I’m growing cold on the prospects of using StockX as a measuring stick. On Flight Club the Take Flight has adjusted down to 275 – 300 per pair on release day, but there are only6 sizes in stock. Will I be wrong about going against my own numbers for the Take Flight. We will check on it next week. What do I think will happen with the Royalty 4? Let’s get to it.
*** I’ve been neglecting to say that I’m writing these for those people who don’t have a hookup or discount. On almost any Jordan Brand release if you get a discount you can flip it for a profit.
Since I do 3 checks before my decision I will weight them on a scale of 1-9. The max points on a scale = +3
*** New addition to the rating system: Tier 1: 0-25% = +1 Tier: 26-55% = +2 Tier 3: 56% and up is +3
First check: The Flight Club check is very good. Only two sizes left in inventory at 350 a pair. Originally the Royalty was thought to be a pinnacle price, but at 190 the black suede and gold is a great colorway. At 350 what’s the ROI?
ROI: 190 + tax = 204.00
Add 15.00 for shipping
Total: 219.00
FC Price 350.00 – 219.00 = 131 x 100 = 13100/219 = 59.82% ROI
That’s a Tier 3 return for the FC check.
Rating = +3
Second check: My second check is always on eBay. The eBay Check is always easier to make an estimation. Amazingly The Sneak Peak on eBay has sold 64 pair of the Royalty 4. 64 pair!!!! Whether it’s a glitch or not the first sale shows up last year in March! Now other stores have an old listing sold in November. Over 175 listings of the Royalty 4 have sold. Here is the average price of sold shoes as of 1/28/2017:
January 27 – 264.90
January 27 – 244.99
January 27 – 274.00
January 27 – 245.00
January 23 – 299.99
Countless other listings are over 250 and are still being bidded on. These are Buy Now listings. When we do the average price 1328.88/5 = 265.78 The early sold listings are going below what the bid prices are going to sell for. This
ROI: 190 + tax = 204.00
Add 15.00 for shipping
Add Fees at 265.78 (eBay 13%) = 34.55
Total: 253.55 is Tier 1 which means that my eBay Check would be a +1, but because most of these are not finished bidding I have to add a +1.
Rating = +2
Third check: I’ve decided to adjust my 3rd check and basically do a projection based on my last two ratings. I am still looking at StockX and Footlocker so the rating will be based on those two features. StockX actually has bids on the shoe. The highest bid is 250. The Lowest offer is 320. As I said above, StockX has to implement a system where a bid has to reach a minimum price to be considered. The way the system runs now is detrimental to the resale market. I know collectors are cool with the market being adjusted, but as an analysis of a business StockX actually leaves money on the table with the amount of advertising they are doing, by not setting a minimum bid. The launch locator for FTL shows a flooded map with a mix of Sweepstakes and First Come, First Serve Options. While there will be a lot of pairs available it seems, this shoe will have the appeal of a Retro 11. I’m giving this drop a
Rating = +3
My final ruling: I’m giving the Royalty 4 a +8 for the resale market. I think the shoe will garner a healthy ROI. Since this is my projection and it’s a good one, I have to leave you with some Royalty music:
